Income Distribution: Importance, Forms and Link Between Them

Hristo Mavrov ()

Nauchni trudove, 2019, issue 5, 325-337

Abstract: The paper illustrates in the historical context the evolution of the understanding of the importance of income distribution for economic development and also the reasons for underestimating this problem from economic science. Based on a regression analysis for ten OECD countries, a strong correlation between the functional and personal distribution of income has been established. The theoretical justification and modeling of this relationship is a forthcoming task of economic theory.

Keywords: functional income distribution; personal income distribution; income inequality (search for similar items in EconPapers)
JEL-codes: D33 E25 (search for similar items in EconPapers)
Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:nwe:natrud:y:2019:i:5:p:325-337

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