Elvio Accinelli () (Universidad Autónoma de San Luis Potosí, Facultad de Economía) Leobardo Plata () (Universidad Autónoma de San Luis Potosí, Facultad de Economía)
Additional information is available for the following
registered author(s):
In this paper we show the strong relation existing between efficiency and social welfare. We introduce the concept of Negishi path, a differentiable manifold, that show the relation existing between distributions of social weights and efficient allocation. We show that it is possible to as- sign to each e±cient allocation a certain level of social welfare, and that given the total resources of an economy and the utilities of its agents there exits a maximal level possible of social welfare for this economy. This level will be called the Negishi number and it is independent of the distribution of the total resources. We analyze also, the strong relation existing between social crisis and distribution of the initial resources, with this object we introduce the concept of singular economies, and we show that, for this economies small changes in the endowments imply big and unpredictable social changes in the social structure and in the level of social welfare. Finally we introduce in the framework of the General Equilibrium Theory a definitions of developed and underdeveloped economies. Our guide in this trip will be the Negishi approach.
Download Info
To download:
If you experience problems downloading a file, check if you have the
proper application to
view it first. Information about this may be contained
in the File-Format links below. In case of further problems read
the IDEAS help
page. Note that these files are not on the IDEAS
site. Please be patient as the files may be large.