FUNCTIONAL INCOME DISTRIBUTION IN AFRICA: ESTIMATING CAPITAL AND LABORโS CONTRIBUTION
By Emmanuel Chukwudi Olatunji
Research Article
FUNCTIONAL INCOME DISTRIBUTION IN AFRICA: ESTIMATING CAPITAL AND LABORโS CONTRIBUTION
ISSN: 3067-2449
DOI Prefix: 10.5281/zenodo.
Abstract
The functional distribution of income in Africa is a crucial aspect of economic analysis, focusing on how income is allocated among factors of productionโlabor, capital, and land. Understanding these dynamics is essential for assessing income disparities and their impact on economic development. Unlike developed countries where functional income distribution statistics are routinely collected and disseminated, many African economies face challenges in obtaining comprehensive data on the income shares of capital owners and workers. This study examines the determinants of functional income distribution in Africa, the implications of income disparities, and the need for improved statistical reporting. The findings highlight the importance of policy interventions to enhance data availability and promote equitable income distribution for sustainable economic growth