MACROECONOMIC DYNAMICS OF FERTILITY IN PAKISTAN
Abstract
This study aims to investigate some socio-economic and demographic determinants of fertility in
Pakistan. For this purpose, thirty annual observations were included in the dataset. This annual data
was collected from World Development Indicators by World Bank. The study used Ng-Perren unit
root test was used to check the stationarity of the time series data and Autoregressive Distributed Lag
(ARDL) model was used to check the cointegration. The estimates for Pakistan indicated that income
per capita, population density, and female labour force participation rate had negative association with
total fertility rate. These estimates were statistically significant at five percent level of significance.
The coefficient of child mortality rate indicated that child mortality was statistically insignificant
factor in explaining variation in total fertility rate in Pakistan at five percent level of significance. The
coefficient of interest rate in the regression of total fertility also lacked statistical significance at five
percent significance level. The results of ARDL test of cointegration indicated that all the variables
considered in the regression model had long run equilibrium relationship.
