Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/66034
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dc.contributor.authorStrulik, Holgeren_US
dc.date.accessioned2011-05-26en_US
dc.date.accessioned2012-11-06T15:27:39Z-
dc.date.available2012-11-06T15:27:39Z-
dc.date.issued2011en_US
dc.identifier.urihttp://hdl.handle.net/10419/66034-
dc.description.abstractThis article investigates economic performance when enforceable property rights are missing and basic needs matter for consumption. It suggests a new view of the so-called voracity effect according to which windfall gains in productivity induce behavior that leads to lower economic growth. Taking into account that the rate of intertemporal substitution in consumption depends on the level of consumption, it is shown that 'voracious behavior' is situation-specific. It occurs when an economy is in decline and suffciently close to stagnation.en_US
dc.language.isoengen_US
dc.publisher|aWirtschaftswiss. Fak., Leibniz Univ. |cHannoveren_US
dc.relation.ispartofseries|aDiscussion Paper, Wirtschaftswissenschaftliche Fakultät, Leibniz Universität Hannover |x473en_US
dc.subject.jelO11en_US
dc.subject.jelO13en_US
dc.subject.jelD74en_US
dc.subject.jelP48en_US
dc.subject.ddc330en_US
dc.subject.keywordEconomic growthen_US
dc.subject.keywordproperty rightsen_US
dc.subject.keywordcommon pool resourcesen_US
dc.subject.keywordvoracityen_US
dc.subject.keywordfractionalizationen_US
dc.subject.stwErschöpfbare Ressourcenen_US
dc.subject.stwGemeingüteren_US
dc.subject.stwEigentumsrechten_US
dc.subject.stwEntwicklungsstufeen_US
dc.subject.stwWachstumstheorieen_US
dc.subject.stwTheorieen_US
dc.titlePoverty, voracity, and growthen_US
dc.typeWorking Paperen_US
dc.identifier.ppn660710412en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US

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