Income Distribution in Less Developed Countries by R. M. Sundrum

By R. M. Sundrum

This can be a significant booklet in a key zone of improvement economics. It offers a complete survey of the hyperlink among source of revenue distribution and the expansion of nationwide source of revenue, bringing out significant styles and traits, and concluding that there's nonetheless massive scope for development with fairness in LDCs.

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Sample text

Even within LDCs, the proportion of unpaid family workers in the labour force varies from sector to sector, being particularly high in the agricultural sector. It is usually difficult to impute reliable values to the contribution of such workers to the family income, and hence their share in this income. Therefore many countries adopt the simpler procedure of collecting income data only for income recipients. In using such data it must be remembered that the income of income recipients includes the contribution of other members of the family or household.

5. As may be expected, home production for household consumption forms a high proportion (21 per cent) of household receipts in rural areas. However, this form of receipts is quite high (12 per cent) even in urban areas. 6. In the Indonesian case, the proportion of income received in nonmonetary form appears to be quite uniform for all income classes because the survey refers to urban areas of the country at a time when payment of a part of wages in kind was a standard practice for most urban workers.

3. To construct this diagram the population is first arranged in an ascending order of incomes. 3 corresponding cumulative proportion Q of total income earned by these units is measured on the vertical axis. The values of P and Q for various levels of income are then plotted in a series of points and joined by a curve, known as the ‘Lorenz curve’ of the distribution. It will start at the origin, corresponding to the lowest income, where both P and Q are zero, and go to the point corresponding to the maximum income, where both P and Q are unity.

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