BULLITIN OF BUSINESS AND ECONOMICS

INTRODUCTION:

We examine the time series data from 1998 to 2017. For the test analysis unit root test (augmented
dickey fuller test) ADF.

Pakistan population 191.71 million in 2015 & 188 million in 2014. Population decreased in 2014 by 1.95
% and in 2015 1.92 %.

High population growth means high labor supply for the production of large market for good and
services.

Pakistan is 6th highest population in world. Population of Pakistan will spread in 2020 by 210.13 million.

In 1950 to 1985 population growth at an average of 3 per annum, then decline at an average 2.6 per
annum in 1986 to 2000.

In 2010 Pakistan has young age structure with a median of 21.7 years. 40% of population is (0-14) years
old from 1950 to 2000.and 36% in 2010.

LITRATURE REVIEW:

Velasco et al (2016) examined the relationship between population growth and economic growth in case
of Mexico. Study used the Counteraction analysis and in addition granger causality test also to analyze
the result. Study used the time series data from 1960 to 2014. In the short run, result shows that
economic growth has a negative effect on population growth and long run, result shows that population
has a positive effect on per capita GDP and that per capita GDP positively affects population.

RESEARCH OBJECTIVE:

I went to examine the relationship between the education and population of Pakistan between the two
census conducted by Pakistan in 1998 to 2017.

METHODOLOGY:

Regression Equation.

Y = β + βx1 + βx2 + βx3

AUGMENTED DICKEY FULLER TEST:

Examine the impact of population 1998 on population 2017.

(ADF) is used to determine the population, growth, literacy between 1998 to 2017 years.

For UNIT ROOT test at 1st difference the data is stationary or not.

GRAPH to examine the intercept and trend.

 t-Statistic   Prob.*

Augmented Dickey-Fuller test statistic -1.699285  0.4184

Test critical values: 1% level -3.752946
5% level -2.998064
10% level -2.638752

Variable Coefficient Std. Error t-Statistic Prob.  

POPULATION_2017(-
1) -2.387946 1.405265 -1.699285 0.1040
C 3898.308 2049.339 1.902227 0.0709

R-squared 0.120882     Mean dependent var 593.3913

Adjusted R-squared 0.079019     S.D. dependent var 3227.847
S.E. of regression 3097.693     Akaike info criterion 18.99764
Sum squared resid 2.02E+08     Schwarz criterion 19.09638
Log likelihood -216.4729     Hannan-Quinn criter. 19.02248
F-statistic 2.887569     Durbin-Watson stat 1.194724
Prob(F-statistic) 0.104033

population 2017
20,000

16,000

12,000

8,000

4,000