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"distributional impact" is a correct and usable phrase in written English.
It is typically used to describe the effects or consequences of something on the distribution or allocation of resources, income, or other factors within a particular group or population. Example: The new tax policy had a significant distributional impact, as it greatly reduced the tax burden on the wealthy while increasing it for the middle and lower classes.
Exact(60)
The first, on page 17, shows the distributional impact of the autumn statement.
(1999) quantify the distributional impact of the Chilean tax system and assess the sensitivity of the distribution of income to changes in the structure of taxes and rates.
The distributional impact.
Their distributional impact varies enormously.
Yet liberals balk at the distributional impact of a VAT.
The so-called distributional impact has been provided following previous budgets.
"The government's latest analysis still fails to show the full distributional impact of its welfare changes.
And here are two more charts from the IFS's distributional impact analysis (pdf).
Birdsall, N. & Nellis, J. Winners and losers: assessing the distributional impact of privatization.
The IFS has now published its distributional impact analysis of the budget (pdf).
After the budget, the Institute for Fiscal Studies analysed the distributional impact of the changes being introduced today.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com