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Modeling Prices in a SAM Structure

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Author Info
Roland-Holst, David W
Sancho, Ferran

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Abstract

The aim of this paper is to develop an intersectoral price model in a social accounting matrix. Traditionally, the emphasis of the social accounting methodology has been on quantity oriented models and their income effects. In contrast, the authors use the social accounting matrix to develop a price model that captures the interdependence among activities, households, and factors and provides a complete set of accounting prices. Furthermore, they use decomposition techniques to trace underlying general equilibrium effects. Copyright 1995 by MIT Press.

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Publisher Info
Article provided by MIT Press in its journal Review of Economics & Statistics.

Volume (Year): 77 (1995)
Issue (Month): 2 (May)
Pages: 361-71
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Handle: RePEc:tpr:restat:v:77:y:1995:i:2:p:361-71

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  1. Finn Tarp & David Roland-Holst & John Rand, 2002. "Trade and Income Growth in Vietnam: Estimates from a New Social Accounting Matrix," Economic Systems Research, Taylor and Francis Journals, vol. 14(2), pages 157-184, June. [Downloadable!] (restricted)
  2. Christian A. Emini & Hippolyte Fofack, 2004. "A financial social accounting matrix for the integrated macroeconomic model for poverty analysis : application to Cameroon with a fixed-price multiplier analysis," Policy Research Working Paper Series 3219, The World Bank. [Downloadable!]
  3. McDonald, S. & Punt, C., 2005. "General equilibrium modelling in South Africa: What the future holds," Agrekon, Agricultural Economics Association of South Africa (AEASA), vol. 44(1), March. [Downloadable!]
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