THE POSSIBILITY OF DYNAMIC IMMISERISING GROWTH: A DISPROOF
M. CONSTANTOPOULOS
(Center of Planning and Economic Research, Athens)
47
Abstract
Immiserising growth is a phenomenon whereby an increase in the productive capacity of an economy — due to growth in factor endowments or technological progress — results in a reduction in social welfare.
Citation
CONSTANTOPOULOS, M. (1974), "THE POSSIBILITY OF DYNAMIC IMMISERISING GROWTH: A DISPROOF", Journal of Economic Studies, Vol. 1 No. 2, pp. 135-143. https://doi.org/10.1108/eb008043
Publisher
:MCB UP Ltd
Copyright © 1974, MCB UP Limited