IDEAS home Printed from https://ideas.repec.org/a/pid/journl/v61y2022i4p563-581.html
   My bibliography  Save this article

Population Growth and GDP Growth in Pakistan: Three Models (Article)

Author

Listed:
  • Mac Kirby

    (Visiting Scientist, CSIRO Land and Water, Canberra ACT 2610, Australia.)

Abstract

Three dynamic population—GDP growth models, are developed, each based on a CobbDouglas production function. The first model simulates the effects of average wealth on population and GDP growth, whereas the second model simulates the effects of wealth inequality. The third model simulates the effects of a demographic dividend. The models successfully simulate the observed historical and projected future population and GDP of Pakistan. Scenario simulations with the first model with higher and lower population growth rates result in larger or smaller GDP, respectively, but smaller or larger GDP per capita at 2100. The inequality model simulations with reducing or increasing inequality result in a smaller or larger population, respectively, and smaller or larger GDP, but higher or lower GDP per capita at 2100. The demographic dividend model simulations result in larger GDP and higher GDP per capita than the other models.

Suggested Citation

  • Mac Kirby, 2022. "Population Growth and GDP Growth in Pakistan: Three Models (Article)," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 61(4), pages 563-581.
    • Handle: RePEc:pid:journl:v:61:y:2022:i:4:p:563-581
    as

    Download full text from publisher

    File URL: https://pide.org.pk/pdfpdr/2022/563%E2%80%93581.pdf
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    Economic Endogenous Growth; Dynamic Model; Demographic Transition; Inequality;
    All these keywords.

    JEL classification:

    • C60 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - General
    • J10 - Labor and Demographic Economics - - Demographic Economics - - - General
    • O10 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - General

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pid:journl:v:61:y:2022:i:4:p:563-581. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Khurram Iqbal (email available below). General contact details of provider: https://edirc.repec.org/data/pideipk.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.