Abstract:
Population is economic resource to an economy. Investigating by means of
literature reviews on that whether population resource contributes to economic
growth or not is major objective of this study. According to the studies in relation
to population and economic growth, many studies show the positive and negative
relationship between population and economic growth. Population age structures
have different affects on economic growth than overall size of population. Higher
rate of labor force in population structure have positive relationship with economic
growth. The relationship between population growth and economic growth
depends on other factors in an economy such as other resources of nations, region,
continent and quality of education, training to population. Technology changes via
population growth have positive impact on economic growth. The general
conclusion from past studies is that population growth has positive effect to
economic growth in developed countries while it has negative effect to economic
growth in developing countries.