Yasuyuki, Todo; Koji, Miyamoto - In: The B.E. Journal of Macroeconomics 2 (2002) 1, pp. 1-33
Scale effects in growth, positive effects of the population size on per capita output growth, have been rejected by cross-country regressions. This paper, however, finds that long-run time-series data supports the effects. Moreover, although scale effects in growth seem to be inconsistent with...