Resource title

The poverty of growth with interdependent utility functions

Resource image

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Resource description

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.

Resource author

John Komlos, Peter Salamon

Resource publisher

Resource publish date

Resource language

eng

Resource content type

text/html

Resource resource URL

http://hdl.handle.net/10419/18834

Resource license

Adapt according to the presented license agreement and reference the original author.