A Paradox of Economic Growth and Relative Deprivation

Atsushi Ishida, Kenji Kosaka, Hiroshi Hamada

    Research output: Contribution to journalArticlepeer-review

    4 Citations (Scopus)

    Abstract

    Rapid economic growth sometimes intensifies people's frustration. In this article, we attempt to formulate this kind of paradox of economic growth, and to explain theoretically how economic growth increases people's dissatisfaction by way of the notion of relative deprivation by employing the theoretical framework of Yitzhaki's relative deprivation index. We introduce the problem of the China puzzle as the latest case of the paradox. Then, we introduce the definition of Yitzhaki's index of relative deprivation, and use this to explain the China puzzle. Besides, through a theoretical examination of Yitzhaki's index, we propose a proposition proving that an increase of relative deprivation in the society can occur even when the amount of wealth increases and the degree of inequality reduces.

    Original languageEnglish
    Pages (from-to)269-284
    Number of pages16
    JournalJournal of Mathematical Sociology
    Volume38
    Issue number4
    DOIs
    Publication statusPublished - 2014 Oct 19

    Keywords

    • China puzzle
    • Economic growth
    • Gini coefficient
    • Inequality
    • Relative deprivation
    • Subjective well-being

    ASJC Scopus subject areas

    • Algebra and Number Theory
    • Social Sciences (miscellaneous)
    • Sociology and Political Science

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