0.0/5 rating (0 votes)

Mechanism of Income Distribution under the Conditions of Transitive Economy

Author (s)

Ummatov Ilyosjohn Akhmadjonovich

Abstract

The article is aimed at the study of the existing theories related to distribution of incomes in economy science. The author invoked diverse economy schools, the range dwelt  on begins with the classical school and is terminated with that one of marginalism and the theory of human capital. The author shows the gyst of these theories, their advantages and drawbacks, a possibility of utilization in transitive economy. The  theories considered  are divided into two groups respective of their contents; the living  standard theory being of major consideration. Such a division promotes a grouping of theories and  relieves the research. Concentrating on the  theory of  human capital the author proves its advantage validated with economy practice of contemporary developed countries. The author finishes his article  with recommendations on an application of the theory of income distribution.

Keywords

dostribution of income, mechanosm of distribotion, transitive economy, earning wages, human capital, labour payment, labour productivity

References

1. Agapova I.I. History of Economy Tenets. Manual. – M.: Economist, 2007. – 285 pp.

2. Anthology of Economy Classics // Preface by I.A. Stolyarov. –M.: MP “ECONOV”, “KEY”, 1993. – 475 pp.

3. Afanasyev V.S. Stages of Development of  Bourgeois Political Economy: Essay on Theory. The 2-nd edition, revised and enlarged. –M.: Economics, 1985. -344 pp.

4. Bartenyov S.A. History of Economic Tenets in Questions and Answers: manual. –M.:Jurist, 2002. – 192 pp.

5. Bekker G.S. Selected Works on Economic Theory. M.: State Institution, Higher Economy School (HES SI), 2003. – 435 pp.

6. Borisov Ye.F. Economy Theory. –M.: Infra-M, 2000. -384 pp.

7. Petti U. Treatise on Taxes and Collections. Verbum sapient – Diverse Information about Money.  The Word of the Wise Counts. –M.: Axis-89, 1997. -112 pp.

8. Umarov Kh.U. Formation of Business: Painful Processes. –Dushanbe: Irfon, 2000. -143 pp.

Publication date

Thursday, 02 July 2015