The Poverty of Growth with Interdependent Utility Functions

Peter Salamon and John Komlos

Discussion Papers in Economics from University of Munich, Department of Economics

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)
JEL-codes: D62 D63 D64 O00 (search for similar items in EconPapers)
Date: 2005-05
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://epub.ub.uni-muenchen.de/619/1/Komlos_Salmon2005-09.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:lmu:muenec:619

Access Statistics for this paper

More papers in Discussion Papers in Economics from University of Munich, Department of Economics Ludwigstr. 28, 80539 Munich, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Tamilla Benkelberg ().