Marjit, Sugata and Roychowdhury, Punarjit (2011): Status, Poverty and Trade.
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The conflict between the income based and nutrition based estimates of poverty is a widely debated issue in economic literature. This paper, using a two commodity framework, attempts to show that in presence of inequality, a status driven utility function can reconcile the conflict between the two measures of poverty. In addition, a simple general equilibrium model using such a utility function is constructed to analyse the implications of social inequality on relative prices and the emerging pattern of trade.
|Item Type:||MPRA Paper|
|Original Title:||Status, Poverty and Trade|
|English Title:||Status, Poverty and Trade|
|Keywords:||Inequality, Nutrition good, Poverty, Status good, Trade, Utility|
|Subjects:||D - Microeconomics > D5 - General Equilibrium and Disequilibrium > D50 - General
D - Microeconomics > D1 - Household Behavior and Family Economics > D11 - Consumer Economics: Theory
D - Microeconomics > D6 - Welfare Economics > D63 - Equity, Justice, Inequality, and Other Normative Criteria and Measurement
I - Health, Education, and Welfare > I3 - Welfare and Poverty > I32 - Measurement and Analysis of Poverty
O - Economic Development, Technological Change, and Growth > O1 - Economic Development > O12 - Microeconomic Analyses of Economic Development
|Depositing User:||sugata marjit|
|Date Deposited:||27. Sep 2011 13:06|
|Last Modified:||20. Feb 2013 21:37|
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