Skip to main content

Linking the Functional and Personal Distributions of Income

  • Chapter
Handbook of Income Inequality Measurement

Part of the book series: Recent Economic Thought Series ((RETH,volume 71))

Abstract

By application of the national account system that stems from Luca Paccioli’s accounting principle we can deduce Q = Y = Z, for the three categories of outcome of any macroeconomic process, i.e., output (Q), income (Y) and expenditure (Z).

This is a preview of subscription content, log in via an institution to check access.

Access this chapter

Chapter
USD 29.95
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
eBook
USD 259.00
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book
USD 329.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info
Hardcover Book
USD 329.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Purchases are for personal use only

Institutional subscriptions

Preview

Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.

References

  • Aitchison, J. and J.A.C. Brown. 1957. The Lognormal Distribution. Cambridge: Cambridge University Press.

    Google Scholar 

  • Allais, M. 1971. “Les théories de l’équilibre économique général et de l’efficacité maximale.” Revue d’economie politique LXXXI: 331–409.

    Google Scholar 

  • Allais, M. 1986. “The Concepts of Surplus and Loss and the Reformulation of the Theories of Stable General Economic Equilibrium and Maximum Efficiency.” In M. Baranzini and R. Scazzieri, eds., Foundations of Economics, pp. 135–174.

    Google Scholar 

  • Allais, M. 1988. “Les lignes directrices de mon oeuvre. Conférence Nobel.” In Le Prix Nobel 1988, Stockholm: Fondation Nobel. Also reprinted in Allais, M., Autoportraits. Une vie, une oeuvre, 1989, pp. 1–30.

    Google Scholar 

  • Allais, M. 1989a. La théorie générale des surplus. Grenoble: Presses Universitaires de Grenoble.

    Google Scholar 

  • Allais, M. 1989b. Autoportraits. Une vie, une oeuvre. Paris: Montchrestien.

    Google Scholar 

  • Amoroso, L. 1924-25. Ricerche intorno alla curva dei redditi. Annali di Matematica Pura ed Applicata, Serie 4-21, II: 123–157.

    Google Scholar 

  • Asimakopulos, A., ed., 1988. Theories of Income Distribution. Boston-Dordrecht: Kluwer Academic Publishers.

    Google Scholar 

  • Baranzini, M. and R. Scazzieri, eds., 1986. Foundations of Economics. Oxford: Basil Blackwell.

    Google Scholar 

  • Bartels, C.P.A. 1977. Economic Aspects of Regional Welfare. Leyden: Martinus Nijhoff.

    Book  Google Scholar 

  • Bartels, C.P.A. and O.M. Vries. 1977. “Succinct Analytical Descriptions of Income Distributions Using Transformation Functions.” Economie Appliquée XXX(3): 369–390.

    Google Scholar 

  • Benini, R. 1906. Principii di statistica metodologica. Torino: UTET.

    Google Scholar 

  • Box, G.E.P. and D.R. Cox. 1964. “An Analysis of Transformation.” Journal of the Royal Society, series B, 2: 211–243.

    Google Scholar 

  • Cantillon, R. 1755. Essai sur la nature du commerce en général. Reprinted for Harvard University, Boston, 1892.

    Google Scholar 

  • Champernowne, D.G. 1952. “The Graduation of Income Distributions.” Econometrica 20(4): 591–615.

    Article  Google Scholar 

  • D’Addario, R. 1949. “Ricerche sulla curva dei redditi.” Giornale degli Economisa e Annali di Economia 8: 91–114.

    Google Scholar 

  • Dagum, C. 1974. “Une classe de fonctions de production à élasticité de substitution variable et ses applications à l’économie internationale.” Economie Appliquée XXVII(2-3): 373–398.

    Google Scholar 

  • Dagum, C. 1977. “A New Model of Personal Income Distribution: Specification and Estimation.” Economie Appliquée XXX(3): 413–436.

    Google Scholar 

  • Dagum, C. 1978. “Toward a General Model of Production and Distribution.” In Hommage à François Perroux. Grenoble: Presses Universitaires de Grenoble, pp. 539–553.

    Google Scholar 

  • Dagum, C. 1980a. “The Generation and Distribution of Income, the Lorenz Curve and the Gini Ratio.” Economie Appliquée XXXIII(2): 327–367.

    Google Scholar 

  • Dagum, C. 1980b. “Generating Systems and Properties of Income Distribution Models.” Metron XXXVIII(4): 3–26.

    Google Scholar 

  • Dagum, C. 1983. “Income Distribution Models.” In S. Kolz and N.L. Johnson, eds., Encyclopedia of Statistical Sciences, vol. IV. New York: John Wiley and Sons, pp. 27–34.

    Google Scholar 

  • Dagum, C. 1989. “Scientific Model Building: Principles, Methods and History.” In H. Wold, ed., Theoretical Empiricism: A General Rationale for Scientific Model Building, pp. 113–149.

    Google Scholar 

  • Dagum, C. 1990a. “The Generation and Properties of Income Distribution Functions.” In C. Dagum and M. Zenga, eds., Income and Wealth Distribution, Inequality and Poverty, pp. 1–17.

    Google Scholar 

  • Dagum, C. 1990b. “A Model of Wealth Distribution Specified for Negative, Null and Positive Wealth.” In C. Dagum and M. Zenga, eds., op. cit. pp. 42–56.

    Google Scholar 

  • Dagum, C. 1993. “A General Model of Net Wealth, Total Wealth and Income Distribution.” Proceedings of the American Statistical Association, Business and Economics Section, 153th meeting, 80–85.

    Google Scholar 

  • Dagum, C. 1994. “Human Capital, Income and Wealth Distribution Models and their Applications to the U.S.A.” Proceedings of the American Statistical Association, Business and Economics Section, 154th meeting, Toronto, 91–96.

    Google Scholar 

  • Dagum, C. 1995. “The Scope and Method of Economics as a Science.” ll Politico. Università di Pavia, 5–39.

    Google Scholar 

  • Dagum, C. 1996. “A Systemic Approach to the Generation of Income Distribution Models.” Journal of Income Distribution 6(1): 105–126.

    Google Scholar 

  • Dagum, C. and A. Lemmi. 1989. “A Contribution to the Analysis of Income Distribution and Income Inequality, and a Case Study: Italy.” In D.J. Slottje, ed., Research on Economic Inequality, Greenwich, CT: JAI Press.

    Google Scholar 

  • Dagum, C. and G. Vittadini. 1996. “Human Capital Measurement and Distribution,” Proceedings of the American Statistical Association, Business and Economic Statistics Section, 156th Meeting, pp. 194–199.

    Google Scholar 

  • Dagum, C. and M. Zenga. 1990. Income and Wealth Distribution, Inequality and Poverty. Berlin: Springer-Verlag.

    Book  Google Scholar 

  • Davis, H.T. 1941. The Analysis of Economic Time Series. Bloomington, IN: The Principia Press.

    Google Scholar 

  • Dobb, M. 1973. Theories of Value and Distribution since Adam Smith. Cambridge: Cambridge University Press.

    Book  Google Scholar 

  • Edgeworth, F.Y. 1898. “On the Representation of Statistics by Mathematical Formulae.” Journal of the Royal Statistical Society 1: 670–700.

    Google Scholar 

  • Fisk, P.R. 1961. “The Graduation of Income Distribution.” Econometrica 29(2): 171–185.

    Article  Google Scholar 

  • Gibrat, R. 1931. Les inégalités économiques. Paris: Sirey.

    Google Scholar 

  • Gini, C. (1909). “Il diverso accrescimento delle classi sociali e la concentrazione della ricchezza.” Giornale degli economisti, serie II, vol. XXXVII.

    Google Scholar 

  • Gini, C. (1910). “Indici di concentrazione e di dipendenza.” Atti della III riunione della Società Italianaper il Progresso delle Scienze. Reprinted in C. Gini (1955), 3–120.

    Google Scholar 

  • Gini, C. (1912). I fattori demografici dell’evoluzione delle nazioni. Torino: Bocca.

    Google Scholar 

  • Gini, C. (1954). Patologia economica. Torino: UTET, Fifth edition.

    Google Scholar 

  • Gini, C. (1955). Memorie di metodologia statistica. Vol. I: Variabilita e concentrazione. Roma: Libreria Eredi Virgilio Veschi.

    Google Scholar 

  • Johnson, N.L. 1946. “Systems of Frequency Curves Generated by Methods of Translation.” Biometrika 44: 147–176.

    Google Scholar 

  • Kaldor, N. 1955-1956. “Alternative Theories of Distribution.” Review of Economic Studies 23: 83–100.

    Article  Google Scholar 

  • Kalecki, M. 1954. Theory of Economic Dynamics. New York: Rinehart and Co.

    Google Scholar 

  • Kloek, T. and H.K. van Dijk. 1977. “Further Results on Efficient Estimation of Income Distribution Parameters.” Economie Appliquée XXX(3): 439–459.

    Google Scholar 

  • Kloek, T. and H.K. van Dijk. 1978. “Efficient Estimation of Income Distribution Parameters.” Journal of Econometrics 8: 61–74.

    Article  Google Scholar 

  • Lévy, P. 1925. Calcul des probabilités. Paris: Gauthier-Villars.

    Google Scholar 

  • Mandelbrot, B. 1960. “The Pareto-Lévy Law and the Distribution of Income.” International Economic Review 1: 79–106.

    Article  Google Scholar 

  • March, L. 1898. “Quelques exemples de distributions de salaires.” Journal de la Société Statistique de Paris, 193–206, 241-248.

    Google Scholar 

  • McDonald, J.B. 1984. “Some Generalized Functions for the Size Distribution of Income.” Econometrica 52(3): 647–663.

    Article  Google Scholar 

  • McDonald, J.B. and M.R. Ransom. 1979. “Functional Forms, Estimation Techniques and the Distribution of Income.” Econometrica 47(6): 1513–1525.

    Article  Google Scholar 

  • Metcalf, E.Ch. 1972. An Econometric Model of the Income Distribution. Chicago: Markham Publishing Company.

    Google Scholar 

  • Pareto, V. 1895. “La legge della domanda.” Giornale degli economisti January 1895: 59–68.

    Google Scholar 

  • Pareto, V. 1896. Ecrits sur la courbe de la répartition de la richesse. Oeuvre complètes de Vilfredo Pareto, publiées sous la direction de Giovanni Busino. Genève: Librairie Droz, 1965.

    Google Scholar 

  • Pareto, V. 1897. Cours d’économie politique. New edition by G.H. Bousquet and G. Busino (1964). Genève: Libraire Droz.

    Google Scholar 

  • Pasinetti, L. 1962. “Rate of Profit and Income Distribution in Relation to the Rate of Economic Growth.” Review of Economic Studies 29(4): 267–279.

    Article  Google Scholar 

  • Ricardo, D. 1815. An Essay on the Influence of a Low Price of Corn on the Profits of Stock, Showing the Inexpediency of Restrictions on Importation. London: John Murray.

    Google Scholar 

  • Ricardo, D. 1817. On the Principles of Political Economy and Taxation, Third edition, 1821. Reprinted in the new edition by P. Sraffa, Works and Correspondence of David Ricardo, vol. 1. Cambridge: Cambridge University Press, 1951.

    Google Scholar 

  • Ricardo, D. 1820. Works and Correspondence of David Ricardo. In P. Sraffa, ed., op cit., vol. 8., pp. 278–279.

    Google Scholar 

  • Roncaglia, A. 1988. “The Neo-Ricardian Approach and the Distribution of Income.” In A. Asimakopulos, ed., Theories of Income Distributions, pp. 159–180.

    Google Scholar 

  • Rutherford, R.S.G. 1955. “Income Distributions: A New Model.” Econometrica 23(3): 277–294.

    Article  Google Scholar 

  • Salem, A.B.Z. and T.D. Mount. 1974. “A Convenient Descriptive Model of Income Distribution.” Econometrica 42(6): 1115–1127.

    Article  Google Scholar 

  • Schumpeter, J.A. 1954. History of Economic Analysis. Oxford: Oxford University Press.

    Google Scholar 

  • Singh, S.K. and G.S. Maddala. 1976. “A Function for Size Distribution of Income.” Econometrica 44(5): 963–970.

    Article  Google Scholar 

  • Slottje, D.J., ed., 1989. Research on Economic Inequality. Greenwich, CT: JAI Press.

    Google Scholar 

  • Sraffa, P. 1960. Production of Commodities by Means of Commodities. Cambridge: Cambridge University Press.

    Google Scholar 

  • Thurow, L.C. 1970. “Analyzing the American Income Distribution.“ American Economic Review 48; 261–269.

    Google Scholar 

  • Vinci, F. 1921. “Nuovi contributi allo studio della distribuzione dei redditi.” Giornale degli economisti e Rivista di statistica 61: 365–369.

    Google Scholar 

  • Wold, H., ed., 1989. Theoretical Empiricism: A General Rationale for Scientific Model Building. New York: Paragon House.

    Google Scholar 

Download references

Authors

Editor information

Editors and Affiliations

Rights and permissions

Reprints and permissions

Copyright information

© 1999 Springer Science+Business Media New York

About this chapter

Cite this chapter

Dagum, C. (1999). Linking the Functional and Personal Distributions of Income. In: Silber, J. (eds) Handbook of Income Inequality Measurement. Recent Economic Thought Series, vol 71. Springer, Dordrecht. https://doi.org/10.1007/978-94-011-4413-1_3

Download citation

  • DOI: https://doi.org/10.1007/978-94-011-4413-1_3

  • Publisher Name: Springer, Dordrecht

  • Print ISBN: 978-94-010-5897-1

  • Online ISBN: 978-94-011-4413-1

  • eBook Packages: Springer Book Archive

Publish with us

Policies and ethics