The functional distribution of income in Irelands manufacturing sector, 1956-1973

Abstract

Precis: The paper presents a new method for estimating the functional distribution of income for the Irish manufacturing sector. The estimates of distributive shares are based on a series for net value added in manufacturing, which is calculated using data from the Census of Industrial Production, the Census of Population, input-output tables and Vaughan's capital-stock estimates. The use of net value added data as a basis for calculating distributive shares contrasts with earlier research by Hughes, who obtained broadly similar results using net-output data.