What is it about?
The purpose of this paper is to examine the relationship between urbanization and economic growth in ASEAN countries for the period 1993-2014. The Granger causality test and the regression estimation method with static and dynamic panel data (FE, RE, Driscoll and Kraay, D-GMM and PMG) were used. The sample includes seven ASEAN countries: Brunei, Cambodia, Indonesia, Malaysia, Philippines,Thailand and Vietnam
Featured Image
Why is it important?
The results show that at least a causal relationship exists between urbanization and economic growth and urbanization positively impacts economic growth. However, the relationship between urbanization and economic growth is non-linear. The urbanization reaches a threshold after which it may impede the economic growth. The estimated threshold is 69.99 percent for the static model and 67.94 percent for the dynamic model
Perspectives
Read the Original
This page is a summary of: The relationship between urbanization and economic growth, International Journal of Social Economics, February 2018, Emerald,
DOI: 10.1108/ijse-12-2016-0358.
You can read the full text:
Contributors
The following have contributed to this page