The combination of consumer preferences, technological changes, and different income elasticities among goods and services can generate inequalities among agents leading to winners and losers. Inspired by these mechanisms, we pose the following research question: "Can immiserizing growth (IG)...

The combination of consumer preferences, technological changes, and different income elasticities among goods and services can generate inequalities among agents leading to winners and losers. Inspired by these mechanisms, we pose the following research question: “Can immiserizing growth (IG)...

When a country experiences economic growth, its production capacity increases, i.e., its production of exportable and importable increases. If the increase of both goods leads to more export and less import, and lower welfare level, growth is immiserizing. This paper proves that Jagdish...

When a country experiences economic growth, its export increases, leading to a lower export price. Bhagwati regarded the lower price as immiserizing. He also needed a higher import price to complete his theory, but his lower import demand should lead, contradictorily, to a lower import price....