(extra) income distribution

Income distribution does not solve all the social economy should not be one of the basic economic problem, the solution of the social and economic system of the economy depends on the way.Income distribution in modern economics is based on JB Clark pointed to distinguish the individual distribution and functional distribution. Personally between the distribution of the individual or the individual distributed generation, and distribution of functional factors of production (labor, land and capital) in the production process refers to the function of the distribution. ① under the capitalist market economy is self-owned and private distribution of factors of production in various sizes, ② determined through the market mechanism of the rate of return per unit of production factors depend on the two factors.Wage rates, interest rates, such as those of any of the rate of return is determined at the level of the functional distribution of the problem belongs to the go. Therefore, the distribution and functional distribution of the inter-personal relationship can be said to be related.Empirical distribution is particularly interesting about the personal point of view, this is a matter of inequality of income distribution. The degree of inequality is measured in a number of ways, but one that can be given as a Lorentz curve.The concept of functional distribution has some sort of distribution rate. The elements of a certain percentage of income refers to the income. For example, the ratio of labor income to the total income of the labor participation rate is called.

To the fairness of income distribution, There is further need to play in Korea.