Economics Dictionary of ArgumentsHome
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| Distribution: A. In logic, distribution refers to the scope of a term in a proposition. A term is distributed if it refers to all of the members of its class, and undistributed if it refers to only some of the members of its class. See also Syllogisms.
B.
In economics, distribution refers to how income, wealth, or resources are allocated among individuals, groups, or factors of production (e.g., labor, capital). It examines the fairness, efficiency, and patterns of allocation within an economy, influenced by policies, market forces, and societal structures._____________Annotation: The above characterizations of concepts are neither definitions nor exhausting presentations of problems related to them. Instead, they are intended to give a short introduction to the contributions below. – Lexicon of Arguments. | |||
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Wassily Leontief on Distribution - Dictionary of Arguments
Kurz I 12 Value/distribution/Leontief/Kurz: The difficulty with this approach (Supply/Leontief) is that the magnitudes of value added per unit of output in the different industries cannot generally be determined prior to, and independently of, the system of prices. In this conceptualization the constraint binding changes in the distributive variables shaped by the system of production in use, and the dependence of relative prices on income distribution - facts stressed by Leontief in his 1928 paper(1) - are removed from the scene. >Supply/Leontief. Value and distribution were already set aside as part and parcel of the analytical problem at hand in Leontief’s seminal 1936 paper(2) on ‘Quantitative input–output relations in the economic system of the United States’ (Leontief, 1936*). Leontief introduced his study in the following terms: ‘The statistical study presented in the following pages may be best defined as an attempt to construct, on the basis of the available statistical materials, a Tableau Economique of the United States for the year 1919’ (Leontief, 1936*, p. 105)(2). Giving his study the name of Tableau Economique is indeed appropriate. As is well known, François Quesnay’s original Tableau contains a summary account of national production, distribution and consumption during a given year, in the mid eighteenth century, for France. Most importantly for our purpose, it takes the distribution of the surplus product, or produit net, and the corresponding prices to be given and known. >F. Quesnay. Quesnay/Leontief: In his 1936 paper(2), Leontief follows Quesnay closely in that he also takes distribution and prices to be given and reflected in the available national accounting system. He is actually forced to do so, because there is no statistical description of the production process of the economy during a year in purely material terms. 1. Leontief, W. (1928) Die Wirtschaft als Kreislauf, Archiv für Sozialwissenschaft und Sozialpolitik, 60, pp. 577–623. 2. Leontief, W. (1936) Quantitative input and output relations in the economic systems of the United States, Review of Economics and Statistics, 18, pp. 105–125. Heinz D. Kurz and Neri Salvadori 2015. „Input–output analysis from a wider perspective. A comparison of the early works of Leontief and Sraffa“. In: Kurz, Heinz; Salvadori, Neri 2015. Revisiting Classical Economics: Studies in Long-Period Analysis (Routledge Studies in the History of Economics). London, UK: Routledge._____________Explanation of symbols: Roman numerals indicate the source, arabic numerals indicate the page number. The corresponding books are indicated on the right hand side. ((s)…): Comment by the sender of the contribution. Translations: Dictionary of Arguments The note [Concept/Author], [Author1]Vs[Author2] or [Author]Vs[term] resp. "problem:"/"solution:", "old:"/"new:" and "thesis:" is an addition from the Dictionary of Arguments. If a German edition is specified, the page numbers refer to this edition. |
Leontief I Wassily Wassilyevich Leontief Die Wirtschaft als Kreislauf, Archiv für Sozialwissenschaft und Sozialpolitik, 60, pp. 577–623. 1928 Kurz I Heinz D. Kurz Neri Salvadori Revisiting Classical Economics: Studies in Long-Period Analysis (Routledge Studies in the History of Economics). Routledge. London 2015 |
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