Taste for diversity and the optimality of economic growth

被引：16

作者：

de Groot, HLF

Nahuis, R

机构：

[1] Tilburg Univ, Dept Econ, NL-5000 LE Tilburg, Netherlands

[2] CenER, NL-5000 LE Tilburg, Netherlands

来源：

ECONOMICS LETTERS | 1998年 / 58卷 / 03期

关键词：

taste for diversity; social welfare; endogenous growth;

D O I：

10.1016/S0165-1765(98)00005-6

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

We disentangle the taste for diversity in consumption present in endo growth models with expanding product variety from the elasticity of substitution between consumption goods. This seriously affects the welfare analysis of the model. If taste for diversity is relatively small, the market rate of growth may be suboptimally large. (C) 1998 Elsevier Science S.A.

引用

页码：291 / 295

页数：5