Population Growth and Economic Growth: Long‐Run Evidence from Latin America

Unit root tests, the Johansen maximal likelihood methodology, and Granger causality tests in the context of a one‐step error correction model are used to examine the long‐run relation between population and per capita GDP in seven Latin American countries over most of the 20th century. The results suggest that no long‐run relation has existed and, hence, population growth neither causes per capita GDP growth nor is caused by it.