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  2. distribution theory, in economics, the systematic attempt to account for the sharing of the national income among the owners of the factors of production—land, labour, and capital. Traditionally, economists have studied how the costs of these factors and the size of their return—rent, wages, and profits—are fixed.
    www.britannica.com/money/distribution-theory
    www.britannica.com/money/distribution-theory
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    What is distribution theory in economics?distribution theory, in economics, the systematic attempt to account for the sharing of the national income among the owners of the factors of production—land, labour, and capital. Traditionally, economists have studied how the costs of these factors and the size of their return—rent, wages, and profits—are fixed.
    What is distribution in economics?Distribution of what? In economics, distribution is the way total output, income, or wealth is distributed among individuals or among the factors of production (such as labour, land, and capital ). In general theory and in for example the U.S. National Income and Product Accounts, each unit of output corresponds to a unit of income.
    What is income distribution & economics?Introduction:Income Distributionand Economics thus appears as a theory of the transformation, through wealth accumulation and inter generational transmission behavior, of these idiosyncratic shocks into some permanent inequality of income and wealth.
    Can economic theory explain the distribution of income?We are asking how far economic theory is helpful in explaining the distribution of income, its evolution over time, the way it interacts with other economic and noneconomic phe nomena, and the way it is affected by policy. This theoretical inquiry has an empirical counterpart.
     
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