View More View Less
  • 1 University of Malaya Asia-Europe Institute 50603 Kuala Lumpur Malaysia
Restricted access

Purchase article

USD  $25.00

1 year subscription (Individual Only)

USD  $700.00

The long-term relationship between population and economic development is an important research topic in development economics. However, after several decades of research, no consensus has been reached as to whether the relationship is positive or negative. This paper chose Indonesia as a case study and employed both a linear cointegration test and a nonlinear cointegration test to examine the relationship between population and income. The tests detected a long-run equilibrium relationship between population and real per capita income in Indonesia. Also, the causality test indicated that there existed a unidirectional causality from Indonesia’s population expansion to the country’s economic growth, but not vice versa. These results indicate a population-driven economic development in Indonesia. In other words, Indonesia could represent a textbook case of population-induced development where a rapid population growth stimulates economic development.

  • Ahlburg, D. A. (1996): Population and Poverty. In: Ahlburg, D.A — Kelley, A.C. — Oppenheim Mason, K. (eds): The Impact of Population Growth on Well-Being in Developing Countries. Berlin: Springer, 219–258.

    Ahlburg D. A. , '', in The Impact of Population Growth on Well-Being in Developing Countries , (1996 ) -.

  • Breitung, J. (2001): Rank Tests for Nonlinear Cointegration. Journal of Business and Economic Statistics, 19(3): 331–340.

    Breitung J. , 'Rank Tests for Nonlinear Cointegration ' (2001 ) 19 Journal of Business and Economic Statistics : 331 -340.

    • Search Google Scholar
  • Bucci, A. — La Torre, D. (2007): Population and Economic Growth with Human and Physical Capital Investments. Working Paper, No. 2007–45, Department of Economics, University of Milan.

    Torre D. , '', in Population and Economic Growth with Human and Physical Capital Investments , (2007 ) -.

  • Central Intelligence Agency (CIA). World Fact Book. https://www.cia.gov/library/publications/the-world-factbook/ (accessed June 30, 2010)

    '', in World Fact Book , (2010 ) -.

  • Centre for International Comparisons (CIC), University of Pennsylvania (2010): Penn World Table (PWT) 6.3,http://pwt.econ.upenn.edu/ (accessed on June 30, 2010)

    '', in Penn World Table (PWT) 6.3 , (2010 ) -.

  • Dawson, Ph. — Tiffin, R. (1998): Is there a Long-Run Relationship between Population Growth and Living Standard? The Case of India. Journal of Development Studies, 34(5 June): 149–156.

    Tiffin R. , 'Is there a Long-Run Relationship between Population Growth and Living Standard? The Case of India ' (1998 ) 34 Journal of Development Studies : 149 -156.

    • Search Google Scholar
  • Dickey, D.A. — Fuller, W.A. (1979): Distribution of the Estimators for Autoregressive Time Series with a Unit Root. Journal of the American Statistical Association, 74: 427–431.

    Fuller W.A. , 'Distribution of the Estimators for Autoregressive Time Series with a Unit Root ' (1979 ) 74 Journal of the American Statistical Association : 427 -431.

    • Search Google Scholar
  • Dickey, D.A. — Fuller, W.A. (1981): Likelihood Ratio Statistics for Autoregressive Time Series with a Unit Root. Econometrica, 49(4): 1057–1072.

    Fuller W.A. , 'Likelihood Ratio Statistics for Autoregressive Time Series with a Unit Root ' (1981 ) 49 Econometrica : 1057 -1072.

    • Search Google Scholar
  • Easterlin, R.A. (1967): Effect of Population Growth in the Economic Development of Developing Countries. The Annals of the American Academy of Political and Social Sciences, 369: 98–108.

    Easterlin R.A. , 'Effect of Population Growth in the Economic Development of Developing Countries ' (1967 ) 369 The Annals of the American Academy of Political and Social Sciences : 98 -108.

    • Search Google Scholar
  • Engle, R.F. — Granger, C.W. (1987): Co-Integration and Error Correction: Representation, Estimation and Testing. Econometrica, 55(2): 251–276.

    Granger C.W. , 'Co-Integration and Error Correction: Representation, Estimation and Testing ' (1987 ) 55 Econometrica : 251 -276.

    • Search Google Scholar
  • Furuoka, F. (2009): Population Growth and Economic Development: New Empirical Evidence from Thailand. Economics Bulletin, 29(1): 1–13.

    Furuoka F. , 'Population Growth and Economic Development: New Empirical Evidence from Thailand ' (2009 ) 29 Economics Bulletin : 1 -13.

    • Search Google Scholar
  • Granger, C.W. (1969): Investigating Causal Relations by Econometric Models and Cross-Spectral Methods. Econometrica 37(3): 424–438.

    Granger C.W. , 'Investigating Causal Relations by Econometric Models and Cross-Spectral Methods ' (1969 ) 37 Econometrica : 424 -438.

    • Search Google Scholar
  • Greene, W. (2003): Econometric Analysis. Singapore: Prentice Hall.

    Greene W. , '', in Econometric Analysis , (2003 ) -.

  • Gujarati, D.N. (2003): Basic Econometrics. 4th edition. Singapore: McGraw-Hill.

    Gujarati D.N. , '', in Basic Econometrics , (2003 ) -.

  • Johansen, S. (1988): Statistical Analysis of Cointegration Vector. Journal of Economic Dynamics and Control, 12(2–3): 231–254.

    Johansen S. , 'Statistical Analysis of Cointegration Vector ' (1988 ) 12 Journal of Economic Dynamics and Control : 231 -254.

    • Search Google Scholar
  • Johansen, S. (1991): Estimation and Hypothesis Testing of Cointegrated Vectors in Gaussian VAR Models. Econometrica, 59(6): 1551–1580.

    Johansen S. , 'Estimation and Hypothesis Testing of Cointegrated Vectors in Gaussian VAR Models ' (1991 ) 59 Econometrica : 1551 -1580.

    • Search Google Scholar
  • Johansen, S. — Jusélius, K. (1990): MaximumLikelihood Estimation and Inference on Cointegration — with Application to the Demand for Money. Oxford Bulletin of Economics and Statistics, 52: 169–210.

    Jusélius K. , 'MaximumLikelihood Estimation and Inference on Cointegration — with Application to the Demand for Money ' (1990 ) 52 Oxford Bulletin of Economics and Statistics : 169 -210.

    • Search Google Scholar
  • Kelley, A.C. — Schmidt, R.M. (1996): Toward a Cure for theMyopia and Tunnel Vision of the Population Debate: A Dose of Historical Perspective. In: Ahlburg, D.A. — Kelley, A.C. — Oppenheim Mason, K. (eds): The Impact of Population Growth on Well-Being in Developing Countries. Berlin: Springer, 11–35.

    Schmidt R.M. , '', in The Impact of Population Growth on Well-Being in Developing Countries , (1996 ) -.

  • Klasen, S. — Lawson, D. (2007): The Impact of Population Growth on Economic Growth and Poverty Reduction in Uganda. Working Paper, No.133. Department of Economics, University of Goettingen.

    Lawson D. , '', in The Impact of Population Growth on Economic Growth and Poverty Reduction in Uganda , (2007 ) -.

  • Kurlantzick, J. (2000): The Big Mango Bounces Back: Economic Recovery in Thailand and South-east Asia. World Policy Journal, 17: 79–85.

    Kurlantzick J. , 'The Big Mango Bounces Back: Economic Recovery in Thailand and South-east Asia ' (2000 ) 17 World Policy Journal : 79 -85.

    • Search Google Scholar
  • Kuznets, S. (1967): Population and Economic Growth. American Philosophical Society Proceeding, 2: 170–193.

    Kuznets S. , 'Population and Economic Growth ' (1967 ) 2 American Philosophical Society Proceeding : 170 -193.

    • Search Google Scholar
  • Malthus, T. (1798): An Essay on the Principle of Population. London: Pickering.

    Malthus T. , '', in An Essay on the Principle of Population , (1798 ) -.

  • Page, J. (1994): The East Asian Miracle: Four Lessons for Development Policy. In: Fischer, S. (ed.): NBER Macroeconomics Annual 1994. Cambridge, MA: MIT Press, 219–269.

    Page J. , '', in NBER Macroeconomics Annual 1994 , (1994 ) -.

  • Park, J.Y. (1992): Canonical Cointegrating Regression. Econometrica, 60(1): 119–143.

    Park J.Y. , 'Canonical Cointegrating Regression ' (1992 ) 60 Econometrica : 119 -143.

  • Phillips, P.C. (1986): Understanding Spurious Regressions in Econometrics. Journal of Econometrics, 33: 311–340.

    Phillips P.C. , 'Understanding Spurious Regressions in Econometrics ' (1986 ) 33 Journal of Econometrics : 311 -340.

    • Search Google Scholar
  • Phillips, P.C. — Hansen, B.E. (1990): Statistical Interference in Instrumental Variable Regression with I(1) Process. Review of Economic Studies, 57: 99–125.

    Hansen B.E. , 'Statistical Interference in Instrumental Variable Regression with I(1) Process ' (1990 ) 57 Review of Economic Studies : 99 -125.

    • Search Google Scholar
  • Phillips, P.C. — Ouliaris, S. (1990): Asymptotic Properties of Residual Based Tests for Cointegration. Econometrica, 58(January): 65–93.

    Ouliaris S. , 'Asymptotic Properties of Residual Based Tests for Cointegration ' (1990 ) 58 Econometrica : 65 -93.

    • Search Google Scholar
  • Phillips, P.C. — Perron, P. (1988): Testing for a Unit Root in Time Series Regression. Biometrica, 75: 335–346.

    Perron P. , 'Testing for a Unit Root in Time Series Regression ' (1988 ) 75 Biometrica : 335 -346.

    • Search Google Scholar
  • Saikkonen, P. (1992): Estimation and Testing of Cointegrated System by an Autoregressive Approximation. Econometric Theory, 8: 1–27.

    Saikkonen P. , 'Estimation and Testing of Cointegrated System by an Autoregressive Approximation ' (1992 ) 8 Econometric Theory : 1 -27.

    • Search Google Scholar
  • Savas, B. (2008): The Relationship between Population and Economic Development: Empirical Evidence from the Central Asian Economies. Journal of Central Asia and Caucasian Studies, 6: 135–153.

    Savas B. , 'The Relationship between Population and Economic Development: Empirical Evidence from the Central Asian Economies ' (2008 ) 6 Journal of Central Asia and Caucasian Studies : 135 -153.

    • Search Google Scholar
  • Sawa, T. (1978): Information Criteria for Discriminating Among Alternative Regression Models. Econometrica, 46(6): 1273–1291.

    Sawa T. , 'Information Criteria for Discriminating Among Alternative Regression Models ' (1978 ) 46 Econometrica : 1273 -1291.

    • Search Google Scholar
  • Simon, J.L. (1992): Population and Developing Countries. Princeton, NJ: Princeton University Press.

    Simon J.L. , '', in Population and Developing Countries , (1992 ) -.

  • Stock, J.H. — Watson, M. (1993): A Simple Estimation of Cointegrating Vectors in Higher Order Integrated System. Econometrica, 61(4): 783–820.

    Watson M. , 'A Simple Estimation of Cointegrating Vectors in Higher Order Integrated System ' (1993 ) 61 Econometrica : 783 -820.

    • Search Google Scholar
  • Thirlwall, A.P. (1972): A Cross-section Study of Population Growth and the Growth of Output and Per Capita Income in a Production Function Framework. TheManchester School, 40: 339–359.

    Thirlwall A.P. , 'A Cross-section Study of Population Growth and the Growth of Output and Per Capita Income in a Production Function Framework ' (1972 ) 40 TheManchester School : 339 -359.

    • Search Google Scholar
  • Thirlwall, A.P. (1994): Growth and Development. Basingstoke: Macmillan Press.

    Thirlwall A.P. , '', in Growth and Development , (1994 ) -.

  • Thomas, R.L. (1997): Modern Econometrics. Essex: Addison Wesley Longman.

    Thomas R.L. , '', in Modern Econometrics , (1997 ) -.

  • Thornton, J. (2001): Population Growth and Economic Growth: Long-run Evidence from Latin America. Southern Economic Journal, 68(2): 464–468.

    Thornton J. , 'Population Growth and Economic Growth: Long-run Evidence from Latin America ' (2001 ) 68 Southern Economic Journal : 464 -468.

    • Search Google Scholar
  • Tournemaine, F. (2007): Can Population Promote Income Per-Capita Growth? ABalanced Perspective. Economics Bulletin, 15(8): 1–7.

    Tournemaine F. , 'Can Population Promote Income Per-Capita Growth? ABalanced Perspective ' (2007 ) 15 Economics Bulletin : 1 -7.

    • Search Google Scholar
  • Valls, N. — Chulià, H. (2011): Volatility Transmission and Correlation Analysis between the US and Asia: The Impact of the Global Financial Crisis. SSRN Working Paper, No.1740446, http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1740446 (accessed January 1, 2012)

    Chulià H. , '', in Volatility Transmission and Correlation Analysis between the US and Asia: The Impact of the Global Financial Crisis , (2011 ) -.

  • World Bank (1993): The East Asian Miracle: Economic Growth and Public Policy. World Bank Policy Research Report. New York: Oxford University Press.

    '', in The East Asian Miracle: Economic Growth and Public Policy , (1993 ) -.

Submit Your Manuscript
 
The author instruction is available in PDF.
Please, download the file from HERE.

 

The description of the refereeing procedure is available in PDF.
Please, download the file from HERE.

 

 

Senior editors

Editor(s)-in-Chief: Prof. Dr. Mihályi, Péter

Editor(s): Ványai, Judit

Editorial Board

  • Ádám Török (Chairman) / University of Pannonia; Budapest University of Technology and Economics
  • Edina Berlinger / Corvinus University of Budapest, Department of Finance
  • Beáta Farkas / Faculty of Economics and Business Administration, University of Szeged
  • Péter Halmai / Budapest University of Technology and Economics; National University of Public Service
  • István Kónya / Institute of Economics Centre for Regional and Economic Studies, University of Pécs
  • János Köllő / Institute of Economics Centre for Regional and Economic Studies
  • István Magas / Corvinus University of Budapest, Department of World Economy; University of Physical Education, Department. of Sports and Decision Sciences
 

Advisory Board

  • Ǻslund, Anders, Institute of International Economics, Washington (USA)
  • Kolodko, Grzegorz, Kozminski University, Warsaw (Poland)
  • Mau, Vladimir, Academy of National Economy (Russia)
  • Messerlin, Patrick A, Groupe d’Economie Mondiale (France)
  • Saul Estrin, London School of Economics (UK)
  • Wagener, Hans-Jürgen, Europa Universität Viadrina (Germany)

Corvinus University of Budapest
Department of Economics
Fővám tér 8 Budapest, H-1093, Hungary

Indexing and Abstracting Services:

  • EconLit
  • Elsevier GEO Abstracts
  • GEOBASE
  • International Bibliographies IBZ and IBR
  • JEL
  • Referativnyi Zhurnal
  • RePEc
  • SCOPUS
  • Social Science Citation Index
  • Index Copernicus

 

2020  
Total Cites 275
WoS
Journal
Impact Factor
0,875
Rank by Economics 325/377 (Q4)
Impact Factor  
Impact Factor 0,534
without
Journal Self Cites
5 Year 0,500
Impact Factor
Journal  0,38
Citation Indicator  
Rank by Journal  Economics 347/549 (Q3)
Citation Indicator   
Citable 37
Items
Total 37
Articles
Total 0
Reviews
Scimago 13
H-index
Scimago 0,292
Journal Rank
Scimago Economics and Econometrics Q3
Quartile Score  
Scopus 225/166=1,4
Scite Score  
Scopus Economics and Econometrics 392/661 (Q3)
Scite Score Rank  
Scopus 0,668
SNIP  
Days from  289
submission  
to acceptance  
Days from  447
acceptance  
to publication  

2019  
Total Cites
WoS
212
Impact Factor 0,914
Impact Factor
without
Journal Self Cites
0,728
5 Year
Impact Factor
0,650
Immediacy
Index
0,156
Citable
Items
45
Total
Articles
45
Total
Reviews
0
Cited
Half-Life
3,9
Citing
Half-Life
9,5
Eigenfactor
Score
0,00015
Article Influence
Score
0,052
% Articles
in
Citable Items
100,00
Normalized
Eigenfactor
0,01891
Average
IF
Percentile
28,437
Scimago
H-index
12
Scimago
Journal Rank
0,439
Scopus
Scite Score
214/165=1,3
Scopus
Scite Score Rank
Economics and Econometrics 355/637 (Q3)
Scopus
SNIP
0,989

 

Acta Oeconomica
Publication Model Hybrid
Submission Fee none
Article Processing Charge 900 EUR/article
Printed Color Illustrations 40 EUR (or 10 000 HUF) + VAT / piece
Regional discounts on country of the funding agency World Bank Lower-middle-income economies: 50%
World Bank Low-income economies: 100%
Further Discounts Editorial Board / Advisory Board members: 50%
Corresponding authors, affiliated to an EISZ member institution subscribing to the journal package of Akadémiai Kiadó: 100%
Subscription fee 2021 Online subsscription: 588 EUR / 732 USD
Print + online subscription: 688 EUR / 860 USD
Subscription fee 2022 Online subsscription: 600 EUR / 750 USD
Print + online subscription: 704 EUR / 880 USD
Subscription Information Online subscribers are entitled access to all back issues published by Akadémiai Kiadó for each title for the duration of the subscription, as well as Online First content for the subscribed content.
Purchase per Title Individual articles are sold on the displayed price.

Acta Oeconomica
Language English
Size B5
Year of
Foundation
1966
Publication
Programme
2021 Volume 71
Volumes
per Year
1
Issues
per Year
4
Founder Magyar Tudományos Akadémia
Founder's
Address
H-1051 Budapest, Hungary, Széchenyi István tér 9.
Publisher Akadémiai Kiadó
Publisher's
Address
H-1117 Budapest, Hungary 1516 Budapest, PO Box 245.
Responsible
Publisher
Chief Executive Officer, Akadémiai Kiadó
ISSN 0001-6373 (Print)
ISSN 1588-2659 (Online)