追求地位的行为对增长的影响:一个反例

IF 1.5 4区 经济学 Q2 ECONOMICS
Hamid Beladi, Sugata Marjit, Koushik Kumar Hati
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引用次数: 0

摘要

本文分析了追求地位的行为对收入增长的影响。传统观点认为,这种行为应该会刺激增长率。我们在一个简单的动态模型中引入了一个一般地位指标,即相对收入的平均值和另一个反映地位物品相对支出的指标。我们的研究表明,只关注相对收入的传统方法对经济增长有影响。否则,除了金科玉律之外,较高的地位物品相对支出不会对最优增长产生任何额外影响。因此,对相对地位的关注总是刺激增长的公认观点受到了质疑,并提供了新的政策视角。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
Growth impact of status seeking behavior: A counter example

This paper analyzes the impact of status seeking behavior on the growth of income. Conventional wisdom suggests that such behavior should stimulate the growth rate. We introduce a general status indicator as an average of relative income and another that reflects relative expenditure on a status good in a simple dynamic model. We show that the conventional approach, which includes only concern for relative income, matters for growth. Otherwise, higher relative expenditure on a status good does not have any additional impact on optimal growth beyond the golden rule. Thus, the accepted wisdom that relative status concern always stimulates incentive for growth is called into question and provides fresh policy perspective.

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来源期刊
CiteScore
2.40
自引率
10.00%
发文量
32
期刊介绍: Economics & Politics focuses on analytical political economy, broadly defined as the study of economic and political phenomena and policy in models that include political processes, institutions and markets. The journal is the source for innovative theoretical and empirical work on the intersection of politics and economics, at both domestic and international levels, and aims to promote new approaches on how these forces interact to affect political outcomes and policy choices, economic performance and societal welfare. Economics & Politics is a vital source of information for economists, academics and students, providing: - Analytical political economics - International scholarship - Accessible & thought-provoking articles - Creative inter-disciplinary analysis
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