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Croissance et statut social

Author

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  • Mohamed Jellal
  • Taoufik Rajhi

Abstract

In this paper, we present a model of growth where agents are characterized by social status behaviour. With respect to the literature, we show that social status seeking is not always desirable for economic growth. Specially, we prove that the impact of status seeking on growth is positive only when saving is low or when the productivity of capital is low. In these two cases, the norm of social status seeking may be seen as a social incentive mechanism leading to wealth accumulation. These theoretical results are quite general and they do not depend on the functional forms assumed in the model.

Suggested Citation

  • Mohamed Jellal & Taoufik Rajhi, 2003. "Croissance et statut social," Revue d'économie politique, Dalloz, vol. 113(1), pages 87-103.
    • Handle: RePEc:cai:repdal:redp_131_0087
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    Cited by:

    1. Nguyen-Van, Phu & Pham, Thi Kim Cuong, 2013. "Endogenous fiscal policies, environmental quality, and status-seeking behavior," Ecological Economics, Elsevier, vol. 88(C), pages 32-40.
    2. Thi Kim Cuong PHAM, 2004. "Wealth distribution, endogenous fiscal policy and growth: status-seeking implications," Working Papers of BETA 2004-11, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg.
    3. Jellal, Mohamed, 2014. "L'esprit du capitalisme capital étranger et développement [The spirit of capitalism foreign capital and economic development]," MPRA Paper 57777, University Library of Munich, Germany.
    4. Pham, Thi Kim Cuong, 2005. "Economic growth and status-seeking through personal wealth," European Journal of Political Economy, Elsevier, vol. 21(2), pages 407-427, June.
    5. Jellal, Mohamed, 2012. "Beliefs incentives and economic growth," MPRA Paper 39157, University Library of Munich, Germany.
    6. Jellal, Mohamed, 2014. "Culture values and economic growth," MPRA Paper 57178, University Library of Munich, Germany.

    More about this item

    Keywords

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    JEL classification:

    • O43 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Institutions and Growth
    • D9 - Microeconomics - - Micro-Based Behavioral Economics
    • Z13 - Other Special Topics - - Cultural Economics - - - Economic Sociology; Economic Anthropology; Language; Social and Economic Stratification

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