Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
980159 | Procedia Economics and Finance | 2015 | 8 Pages |
Abstract
The purpose of this paper is to evaluate the existence of a causality relationship between fertility and economic growth in Romania, on regional level. By using the VAR methodology and the Granger method we intend to highlight the type of causality between economic growth and fertility. The empirical results show that between fertility and economic growth exists a bi-dimensional causality relationship and that the innovation of each variable has a long term impact on the other one.
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