TEL  Vol.5 No.2 , April 2015
Notes on Economic Growth with Scale Effects: Is Depopulation Compatible with Growth?
ABSTRACT
This research develops a simple theory to analyze the compatibility of depopulation and sustainable growth. By introducing the scale effect of aggregate rather than average human capital, it shows that the economy may enter a sustainable growth path with fertility recovery, keeping away from a non-Malthusian poverty trap.

Cite this paper
Nakagawa, M. , Oura, A. and Sugimoto, Y. (2015) Notes on Economic Growth with Scale Effects: Is Depopulation Compatible with Growth?. Theoretical Economics Letters, 5, 169-178. doi: 10.4236/tel.2015.52021.
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