The poverty of growth with interdependent utility functions

Peter Salamon; John Komlos

We argue that with interdependent utility functions growth can lead to a decline in total welfare of a society if the gains from growth are sufficiently unequally distributed in the presence of negative externalities, i.e., envy.

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Year of publication:	2005
Authors:	Salamon, Peter ; Komlos, John
Publisher:	München : Univ., Volkswirtschaftl. Fak.
Subject:	Interdependent utility functions \| growth \| inequality \| Nutzenfunktion \| Utility function \| Wirtschaftswachstum \| Economic growth \| Theorie \| Theory \| Nachfrageinterdependenz \| Interdependent preferences \| Nutzen \| Utility

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Extent:	Online-Ressource (12, [3] S.)
Series:	Münchener Wirtschaftswissenschaftliche Beiträge : VWL ; discussion papers. - München : Univ., ZDB-ID 2296321-2. - Vol. 2005-9
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Graue Literatur ; Non-commercial literature ; Arbeitspapier ; Working Paper
Language:	English
Notes:	Systemvoraussetzungen: Acrobat Reader
Other identifiers:	hdl:10419/104164 [Handle]
Classification:	D62 - Externalities ; D63 - Equity, Justice, Inequality, and Other Normative Criteria and Measurement ; D64 - Altruism ; o00
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10010440430