Accounting for Nonmarket Activities in the Distribution of Income: An Empirical Investigation,

Abstract

It is frequently alleged tht inequality is overstated when the nonmarket sector is ignored. This paper tests this proposition empirically, using detailed survey data from Malaysia. Indeed, the authors find that when the definition of income is broadened to include the value of nonmarket activities, income levels rise, especially among the poor, and inequality falls. In these data, it is the average number of hours of work considered to produce 'income,' and not their distribution, that affects income inequality. This underscores the need for great caution in interpreting intercountry or intertemporal comparisons of inequality. Additional keywords: Tables (data); Charts. (Author)

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Document Details

Document Type
Technical Report
Publication Date
Sep 01, 1984
Accession Number
ADA156810

Entities

People

  • J. Davanzo
  • M. W. Kusnic

Organizations

  • RAND Corporation

Tags

Communities of Interest

  • C4I

DTIC Thesaurus Topics

  • Accounting
  • Budgets
  • Childcare
  • Coefficients
  • Commerce
  • Composite Materials
  • Corporations
  • Economic Development
  • Errors
  • Families (Human)
  • Income
  • Inequalities
  • Malaysia
  • Money
  • Production
  • Statistics
  • Surveys

Fields of Study

  • Economics

Readers

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