Article
Evaluating the Nonlinear Population-economic Growth Nexus in MENA Countries
Authors
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Abstract
The relation between population growth and economic growth is a complex one, and the historical quantitative evidence is ambiguous. This study contributes to the population-economic growth literature by interrogating whether the relationship is monotonic or if a turning point exists. Using panel data on a sample of 19 MENA countries from 1965 to 2018 and deploying the PSCE and FGLS techniques, the results reveal inter alia: (1) a U-shaped relation exists; (2) unemployment and financial development are negative predictors of economic growth; and (3) trade and inflation rate are positive predictors. Policy recommendations are discussed.
Keywords
Economic Growth, Population Growth, MENA, Nonlinear
Citation
Bengana, I., Adeleye, B. N., Boukhelkhal, A., Okafor, V., Alnefaie, A. H., & Salim, E. I. E. (2023). Evaluating the nonlinear population-economic growth nexus in MENA countries. Water, Energy, Food and Environment, 4(1), 17–29. https://doi.org/10.18576/wefej/040102
I. Bengana, B. N. Adeleye, A. Boukhelkhal, V. Okafor, A. H. Alnefaie and E. I. E. Salim, “Evaluating the nonlinear population-economic growth nexus in MENA countries,” Water, Energy, Food and Environment, vol. 4, no. 1, pp. 17–29, 2023, doi: 10.18576/wefej/040102.
Bengana I, Adeleye BN, Boukhelkhal A, Okafor V, Alnefaie AH, Salim EIE. Evaluating the nonlinear population-economic growth nexus in MENA countries. Water, Energy, Food and Environment. 2023;4(1):17–29. doi:10.18576/wefej/040102.
Bengana, I., Adeleye, B. N., Boukhelkhal, A., Okafor, V., Alnefaie, A. H. and Salim, E. I. E. (2023), ‘Evaluating the nonlinear population-economic growth nexus in MENA countries’, Water, Energy, Food and Environment, 4(1), pp. 17–29. Available at: https://doi.org/10.18576/wefej/040102.
Bengana, Ismail, et al. “Evaluating the Nonlinear Population-economic Growth Nexus in MENA Countries.” Water, Energy, Food and Environment, vol. 4, no. 1, 2023, pp. 17–29. https://doi.org/10.18576/wefej/040102.
Bengana, Ismail, Bosede Ngozi Adeleye, Abdelaziz Boukhelkhal, Victoria Okafor, Abdulah Hamoud Alnefaie, and Eltahir Ibrahim Elnour Salim. “Evaluating the Nonlinear Population-economic Growth Nexus in MENA Countries.” Water, Energy, Food and Environment 4, no. 1 (2023): 17–29. https://doi.org/10.18576/wefej/040102.
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Published by: Engineering Journals
