TY - JOUR

T1 - A Paradox of Economic Growth and Relative Deprivation

AU - Ishida, Atsushi

AU - Kosaka, Kenji

AU - Hamada, Hiroshi

N1 - Funding Information:
This work was supported by JSPS Grant-in-Aid Scientific Research 2333071 on ‘‘Theoretical and Empirical Studies of Relative Deprivation in Unequal Societies in a Time of Globalization’’ (2011–2013).
Publisher Copyright:
© 2014, Taylor & Francis Group, LLC.

PY - 2014/10/19

Y1 - 2014/10/19

N2 - 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.

AB - 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.

KW - China puzzle

KW - Economic growth

KW - Gini coefficient

KW - Inequality

KW - Relative deprivation

KW - Subjective well-being

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U2 - 10.1080/0022250X.2013.815189

DO - 10.1080/0022250X.2013.815189

M3 - Article

AN - SCOPUS:84918548590

SN - 0022-250X

VL - 38

SP - 269

EP - 284

JO - Journal of Mathematical Sociology

JF - Journal of Mathematical Sociology

IS - 4

ER -