Source: http://en.turkcewiki.org/wiki/Distribution_(economics)
Timestamp: 2019-04-26 08:40:44+00:00

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This article is about distribution in economics. For other uses, see Distribution.
In welfare economics, a level of feasible output possibilities is commonly distinguished from the distribution of income for those output possibilities. But in the formal theory of social welfare, rules for selection from feasible distributions of income and output are a way of representing normative economics at a high level of generality.
In neoclassical economics, the supply and demand of each factor of production interact in factor markets to determine equilibrium output, income, and the income distribution. Factor demand in turn incorporates the marginal-productivity relationship of that factor in the output market. Analysis applies to not only capital and land but the distribution of income in labor markets.
The neoclassical growth model provides an account of how the distribution of income between capital and labor is determined in competitive markets at the macroeconomic level over time with technological change and changes in the size of the capital stock and labor force. More recent developments of the distinction between human capital and physical capital and between social capital and personal capital have deepened analysis of distribution.
Vilfredo Pareto proposed the distribution of income can be described by a power-law: this is now called the Pareto distribution.
^ Paul A. Samuelson and William D. Nordhaus (2004). Economics, 18th ed., [end] Glossary of Terms, "Distribution."
^ "Glossary "Factor income"". Bureau of Economic Analysis, U.S. Department of Commerce. 2 October 2006. Retrieved 2010-11-09.
^ John Bates Clark (1902). The Distribution of Wealth. Analytical Table of Contents).
^ Philip H. Wicksteed (1914). “The Scope and Method of Political Economy in the Light of the ‘Marginal’ Theory of Value and Distribution," Economic Journal, 24(94), pp. 1–23.
^ George J. Stigler (1941). Production and Distribution Theories: The Formative Years (analytical exposition of successive contributions by ten neoclassical economists from about 1870 to 1910). New York: Macmillan. Chapter-preview links.
^ C.E. Ferguson (1969). The Neoclassical Theory of Production and Distribution. Cambridge. Description & review excerpt.
^ J.R. Hicks (1932, 2nd ed., 1963). The Theory of Wages. London: Macmillan.
^ F.H. Hahn (2008). "neoclassical growth theory," The New Palgrave: A Dictionary of Economics. Abstract.
A.B. Atkinson and F. Bourguignon, ed. (2000). Handbook of Income Distribution, v. 1. Elsevier. Description & chapter-preview links.
_____ (2001). "Income Distribution," International Encyclopedia of the Social & Behavioral Sciences, pp. 7265–71. Abstract.
Harry Brighouse and Adam Swift (2008). "egalitarianism." The New Palgrave Dictionary of Economics. 2nd Edition. Abstract.
Sheldon Danziger, Robert Haveman, Robert Plotnick (1981). "How Income Transfer Programs Affect Work, Savings, and the Income Distribution: A Critical Review," Journal of Economic Literature 19(3), pp. 975–1028.
Milton Friedman and Simon Kuznets (1945). Income from Independent Professional Practice NBER.
Julian Lamont (2003). "Distributive Justice", Stanford Encyclopedia of Economics.
Gian Singh Sahota (1978). "Theories of Personal Income Distribution: A Survey", Journal of Economic Literature, 16(1), pp. 1–55.
Xavier Sala-Martin (2006)."The World Distribution of Income: Falling Poverty and… Convergence, Period,"(+ button to enlarge), Quarterly Journal of Economics," 121(2), May, pp. 351–97.
ch. 14: Appendix Markets and Economic Efficiency .
U.S. Census Bureau ( 2004). "Income Inequality (1947–1998)."
"distribution, law of," v. 1, pp. 869–72, by J.B. Clark .
"distribution theories, classical," v. 1, pp. 872–76, by Luigi Pasinetti.
"distribution theories, Keynesian," v. 1, pp. 876–78, by Mauro Baranzini.
"distribution theories, Marxian," v. 1, pp. 878–83, by David M. Gordon.
"distribution theories, neoclassical," v. 1, pp. 883–86, by Christopher Bliss.
"distributive justice," v. 1, pp. 886–88, by Edmund S. Phelps.
"imputation," v. 2, pp. 838–39, by Murray N. Rothbard.
"inequality between persons," v. 2, pp. 821-24, by Anthony F. Shorrocks.
"interest and profit," v. 2, pp. 877–79, by Carlo Panico.
"marginal productivity theory," v. 3, pp. 323–25, by Robert F. Dorfman.
"Marxian value analysis," v. 3, pp. 383–87 by J.E. Roemer.
"profit and profit theory," v. 3, pp. 1014–21, by Meghnad Desai.
"wages, real and money," v. 4, pp. 840–42, by Henry Phelps Brown.
"classical distribution theories" by Massimo Pivetti. Abstract.
"convergence" by Steven N. Durlauf and Paul A. Johnson. Abstract.
"equality of opportunity" by J.E. Roemer. Abstract.
"income taxation and optimal policies" by Louis Kaplow. Abstract.
"national income" by Thomas K. Rymes. Abstract.
"skill-biased technical change" by Giovanni L. Violante. Abstract.
"wage inequality, changes in" by Stephen Machin and John Van Reenen. Abstract.
"women's work and wages" by Francine D. Blau and Lawrence M. Kahn. Abstract.
U.S. National income by type of income, 1959–2005 from 2006 Economic Report of the President via Federal Reserve Bank of St. Louis.

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