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Why Is The Social Accounting Matrix Important For The Republic Of Macedonia?

Author

Listed:
  • Prof. Sasho Kjosev Ph. D

    (University “Ss. Cyril and Methodius” Faculty of Economics Skopje, Macedonia)

  • Assist. Prof. Gjorgji Gockov Ph. D

    (University “Ss. Cyril and Methodius” Faculty of Economics Skopje, Macedonia)

  • Assist. Prof. Ljupcho Eftimov, Ph.D

    (University “Ss. Cyril and Methodius” Faculty of Economics Skopje, Macedonia)

Abstract

Economic planning has a key role in achieving sustainable economic development and needs proper tool for relevant quantitative analysis. Social accounting matrix (SAM) is such a tool that supports quantitative and qualitative policy-analysis. Hence, development planning methodology is of highest importance for the organization of efficient development planning system in the Republic of Macedonia. As a result, the social accounting matrix (SAM) for Macedonia (non-existent at the moment) will be a tool that provides solid support to scientifically based economic analysis and assessment of the current situation and future development. As such, it organizes the information on the economic, social and environmental structure of an economy in a certain period of time; provides schematic presentation of incomes and outlays in the economic system; and forms statistical foundations for macroeconomic models building.

Suggested Citation

  • Prof. Sasho Kjosev Ph. D & Assist. Prof. Gjorgji Gockov Ph. D & Assist. Prof. Ljupcho Eftimov, Ph.D, 2014. "Why Is The Social Accounting Matrix Important For The Republic Of Macedonia?," Revista Tinerilor Economisti (The Young Economists Journal), University of Craiova, Faculty of Economics and Business Administration, vol. 1(23), pages 45-50, November.
    • Handle: RePEc:aio:rteyej:v:1:y:2014:i:23:p:45-50
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    References listed on IDEAS

    as
    1. Pauw, Kalie, 2003. "Social Accounting Matrices and Economic Modelling," Background Paper Series 15610, PROVIDE Project.
    2. Chaouki Ghenai (ed.), 2012. "Sustainable Development - Policy and Urban Development - Tourism, Life Science, Management and Environment," Books, IntechOpen, number 1772.
    3. Sasho Kjosev, 2007. "The Need For Macroeconomic Planning In The Republic Of Macedonia – Institutional And Methodological Aspects," Revista Tinerilor Economisti (The Young Economists Journal), University of Craiova, Faculty of Economics and Business Administration, vol. 1(7), pages 177-186, April.
    Full references (including those not matched with items on IDEAS)

    Citations

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    Cited by:

    1. Kjosev Sasho & Novkovska Blagica, 2017. "Developing Social Accounting Matrix for Macedonia: a challenge ahead," Croatian Review of Economic, Business and Social Statistics, Sciendo, vol. 3(2), pages 10-19, December.

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    More about this item

    Keywords

    social accounting matrix; Macedonia; planning; policy; analysis;
    All these keywords.

    JEL classification:

    • O20 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - General
    • O21 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Planning Models; Planning Policy

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