| 来源类型 | Discussion paper
|
| 规范类型 | 论文
|
| 来源ID | DP15665
|
| 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
|
| URL | https://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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