G2TT
来源类型Discussion paper
规范类型论文
来源IDDP15665
DP15665 Technological Advance, Social Fragmentation and Welfare
Dennis Snower; Steven Bosworth
发表日期2021-01-13
出版年2021
语种英语
摘要This paper models the welfare consequences of social fragmentation arising from technological advance. We start from the premise that technological progress falls primarily on market-traded commodities rather than prosocial relationships, since the latter intrinsically require the expenditure of time and thus are less amenable to productivity increases. Since prosocial relationships require individuals to identify with others in their social group whereas marketable commodities are commonly the objects of social status comparisons, a tradeoff arises between in-group affliation and inter-group status comparisons. People consequently narrow the bounds of their social groups, reducing their prosocial relationships and extending their status-seeking activities. As prosocial relationships generate positive externalities whereas status-seeking activities generate negative preference externalities, technological advance may lead to a particular type of "decoupling" of social welfare from material prosperity. Once the share of status goods in total production exceeds a crucial threshold, technological advance is shown to be welfare-reducing.
主题Macroeconomics and Growth
关键词Conspicuous consumption Bowling alone Decoupling Social fragmentation Growth
URLhttps://cepr.org/publications/dp15665
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/544676
推荐引用方式
GB/T 7714
Dennis Snower,Steven Bosworth. DP15665 Technological Advance, Social Fragmentation and Welfare. 2021.
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