Impact of Population Policies on Economic Development

Abstract

Within the presented thesis, the issue on the impact of population policy types and economic development is investigated using econometric regression analysis on an unbalanced data panel of 188 countries during the period of 2000 to 2014. The key development of the existing econometric model is the adoption of population policy indicator variables according to the type of population policy (pronatal, antinatal, maintain and no intervention). The aim of this thesis is to show the significance and positive or negative correlation of population policy dummy variables with the use of representative datasets, which were selected according to empirical research. Additionally, the same model is also conducted for different groups of countries, (more developed, less developed and least developed) so as to examine the outcome according to the level of development. Consequently, short term negative effect of pronatalistic and maintaining population policy on GDP per capita is demonstrated. On contrary, regressions on different groups of countries validates no significant evidence on policy dummy variables.