The Poverty of Growth with Interdependent Utility Functions

John Komlos and Peter Salamon

No 1470, CESifo Working Paper Series from CESifo

Abstract: 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.

Keywords: interdependent utility functions; growth; inequality (search for similar items in EconPapers)
Date: 2005
New Economics Papers: this item is included in nep-mic
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://www.cesifo.org/DocDL/cesifo1_wp1470.pdf (application/pdf)

Related works:
Journal Article: The poverty of growth with interdependent utility functions (2008)
Working Paper: The Poverty of Growth with Interdependent Utility Functions (2005)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ces:ceswps:_1470

Access Statistics for this paper

More papers in CESifo Working Paper Series from CESifo Contact information at EDIRC.
Bibliographic data for series maintained by Klaus Wohlrabe ().