This paper examines the temporal relationship between population growth and economic growth for a sample of less developed countries. Unlike prior research efforts, Granger causality tests are conducted in the context of error correction models when cointegration is present. Of the thirteen...

This paper examines the Fisher hypothesis for a sample of less developed countries. Recognizing the possibility of spurious regression results, tests of the Fisher hypothesis are undertaken utilizing the Johansen-Juselius cointegration procedure. Of the nine countries studied, only Malaysia,...