The poverty of growth with interdependent utility functions

John Komlos and Peter Salamon

Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), 2008, vol. 37, issue 6, 2242-2247

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 in consumption, i.e. envy.

Keywords: Interdependent; utility; functions; Growth; Inequality (search for similar items in EconPapers)
Date: 2008
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Citations: View citations in EconPapers (2)

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Related works:
Working Paper: The Poverty of Growth with Interdependent Utility Functions (2005)
Working Paper: The Poverty of Growth with Interdependent Utility Functions (2005)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:soceco:v:37:y:2008:i:6:p:2242-2247

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