Social Accounting Matrices: basic aspects and main steps for estimation
A Social Accounting Matrix (SAM) is a comprehensive and economy-wide database recording data about all transactions between economic agents in a specific economy for a specific period of time. A SAM extends the classical Input-Output framework, including the complete circular flow of income in the economy.
SAMs interest is twofold: they are the standard database for most whole economy modellers as they provide data for economic modelling (multi-sectorial linear models or the more complex Computable General Equilibrium –CGE- Models) and they show a complete but intuitive snapshot of the economy at hand.
This report introduces the concept of a Social Accounting Matrix, describes its structure in detail and shows the basics in the elaboration of a SAM, indicating some extensions and modifications.
MAINAR CAUSAPÉ Alfredo;
FERRARI Emanuele;
MCDONALD Scott;
2018-10-19
Publications Office of the European Union
JRC112075
978-92-79-89846-4 (online),
978-92-76-11215-0 (print),
1831-9424 (online),
1018-5593 (print),
EUR 29297 EN,
OP KJ-NA-29297-EN-N (online),
OP KJ-NA-29297-EN-C (print),
https://publications.jrc.ec.europa.eu/repository/handle/JRC112075,
10.2760/010600 (online),
10.2760/72765 (print),
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