IDEAS home Printed from https://ideas.repec.org/a/eee/ecolec/v220y2024ics0921800924000582.html
   My bibliography  Save this article

Decent living standards, prosperity, and excessive consumption in the Lorenz curve

Author

Listed:
  • Pauliuk, Stefan

Abstract

Sustainable production and consumption allows every individual to meet their basic needs and societies to flourish, all with limited overall throughput constrained by ecological ceilings. The question is how exactly basic needs satisfaction, flourishing societies, and limited throughput can come together. Based on the insight that decent living standards constrain the slope of the Lorenz curve for the lowest decile, a simple model can be derived that determines total consumption from only three factors: per capita decent living standards, the Gini coefficient of inequality, and population. With a constraint on maximum living standards, overall consumption splits into three components: basic needs satisfaction, prosperous consumption, and excessive consumption. The model calculates sustainable consumption corridors based on decent living standards and the acceptable maximum under ecological ceilings, while still allowing for reasonable levels of inequality and ample prosperous consumption. The model can be applied to economic and physical stock and flow indicators, and examples for all four combinations are provided. The work concludes with calling upon the research community to assess the inequality of physical stock and flow indicators related to human wellbeing, identify suitable physical wellbeing measures, and extend the debate on desirable levels of inequality to physical socio-metabolic indicators.

Suggested Citation

  • Pauliuk, Stefan, 2024. "Decent living standards, prosperity, and excessive consumption in the Lorenz curve," Ecological Economics, Elsevier, vol. 220(C).
  • Handle: RePEc:eee:ecolec:v:220:y:2024:i:c:s0921800924000582
    DOI: 10.1016/j.ecolecon.2024.108161
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0921800924000582
    Download Restriction: Full text for ScienceDirect subscribers only

    File URL: https://libkey.io/10.1016/j.ecolecon.2024.108161?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:ecolec:v:220:y:2024:i:c:s0921800924000582. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/ecolecon .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.