Article ID Journal Published Year Pages File Type
971068 The Journal of Socio-Economics 2008 6 Pages PDF
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.

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Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
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The poverty of growth with interdependent utility functions
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