The Economic Consequences of Population Growth in Malawi

dc.contributor.advisorNikolaidou, Efi
dc.contributor.authorMulipa, Anita
dc.date.accessioned2024-05-27T08:30:17Z
dc.date.available2024-05-27T08:30:17Z
dc.date.issued2023
dc.date.updated2024-05-22T09:04:10Z
dc.description.abstractThere is a vast amount of theoretical and empirical literature attempting to establish the impact of population growth on economic growth. Despite the immense amount of research on the topic, there is still no consensus. Malawi presents an interesting case to investigate this issue as it is a small, low-income economy that is experiencing significant population growth. Furthermore, there is no previous economic analysis on the economic impact of population growth in Malawi. This paper, using the ARDL approach to cointegration with World Bank and International Monetary Fund data over the period 1960 to 2021 explores whether the increasing population is beneficial or detrimental to Malawi's economic development. The impacts of investment and total factor productivity on output are also assessed. The results show that increases in population are associated with decreases in GDP per capita in the short run. However, no statistically significant relationship between population and GDP per capita was established in the long run. Furthermore, results indicate that increases in investment are growth endorsing in the short run, while increases in total factor productivity promote growth in both the long run and short run.
dc.identifier.apacitationMulipa, A. (2023). <i>The Economic Consequences of Population Growth in Malawi</i>. (). ,Faculty of Commerce ,School of Economics. Retrieved from http://hdl.handle.net/11427/39701en_ZA
dc.identifier.chicagocitationMulipa, Anita. <i>"The Economic Consequences of Population Growth in Malawi."</i> ., ,Faculty of Commerce ,School of Economics, 2023. http://hdl.handle.net/11427/39701en_ZA
dc.identifier.citationMulipa, A. 2023. The Economic Consequences of Population Growth in Malawi. . ,Faculty of Commerce ,School of Economics. http://hdl.handle.net/11427/39701en_ZA
dc.identifier.ris TY - Thesis / Dissertation AU - Mulipa, Anita AB - There is a vast amount of theoretical and empirical literature attempting to establish the impact of population growth on economic growth. Despite the immense amount of research on the topic, there is still no consensus. Malawi presents an interesting case to investigate this issue as it is a small, low-income economy that is experiencing significant population growth. Furthermore, there is no previous economic analysis on the economic impact of population growth in Malawi. This paper, using the ARDL approach to cointegration with World Bank and International Monetary Fund data over the period 1960 to 2021 explores whether the increasing population is beneficial or detrimental to Malawi's economic development. The impacts of investment and total factor productivity on output are also assessed. The results show that increases in population are associated with decreases in GDP per capita in the short run. However, no statistically significant relationship between population and GDP per capita was established in the long run. Furthermore, results indicate that increases in investment are growth endorsing in the short run, while increases in total factor productivity promote growth in both the long run and short run. DA - 2023 DB - OpenUCT DP - University of Cape Town KW - Economics LK - https://open.uct.ac.za PY - 2023 T1 - The Economic Consequences of Population Growth in Malawi TI - The Economic Consequences of Population Growth in Malawi UR - http://hdl.handle.net/11427/39701 ER - en_ZA
dc.identifier.urihttp://hdl.handle.net/11427/39701
dc.identifier.vancouvercitationMulipa A. The Economic Consequences of Population Growth in Malawi. []. ,Faculty of Commerce ,School of Economics, 2023 [cited yyyy month dd]. Available from: http://hdl.handle.net/11427/39701en_ZA
dc.language.rfc3066eng
dc.publisher.departmentSchool of Economics
dc.publisher.facultyFaculty of Commerce
dc.subjectEconomics
dc.titleThe Economic Consequences of Population Growth in Malawi
dc.typeThesis / Dissertation
dc.type.qualificationlevelMasters
dc.type.qualificationlevelMCom
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