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Socio-Economic Studies with Social Accounting and Sociodemographic Matrices. An application to Portugal

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  • Susana Santos

Abstract

In looking for empirical evidence about the activity of countries, a proposal is made for studying (measuring and modelling) the activity of countries through the use of Social Accounting Matrices (SAMs) and Socio-Demographic Matrices (SDMs). SAMs and SDMs are presented as tools that have specific features for conducting studies in several different areas, as well as for supporting policy decision processes. Based on methodological principles that are derived mainly from the works of Richard Stone, emphasis is placed on the desirability of working in a matrix format, which includes not only people (SDM), but also, at the same time, activities, products, factors of production and institutions (SAM). This is considered to be a way of capturing the relevant network of linkages and the corresponding multiplier effects, which can be used for the subsequent modelling of the activity of the countries studied. A method will be proposed for the construction of these matrices. In the case of the SAMs, it is proposed that their design and construction should adopt, at least as their starting point, the latest version of the System of National Accounts (2008 SNA) and the corresponding results of its adoption/adaptation by different countries. The exposition of this proposal is accompanied by an example applied to Portugal.

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Bibliographic Info

Paper provided by ISEG - School of Economics and Management, Department of Economics, University of Lisbon in its series Working Papers Department of Economics with number 2013/16.

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Date of creation: Sep 2013
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Handle: RePEc:ise:isegwp:wp162013

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Postal: Department of Economics, ISEG - School of Economics and Management, University of Lisbon, Rua do Quelhas 6, 1200-781 LISBON, PORTUGAL
Web page: https://aquila1.iseg.ulisboa.pt/aquila/departamentos/EC

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Keywords: Social Accounting Matrix; National Accounts; Socio-Demographic Matrices.;

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References

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  1. Graham Pyatt & Jeffery I. Round, 2012. "Distributional Invariance And The Design Of Sams," Economic Systems Research, Taylor & Francis Journals, vol. 24(3), pages 251-273, February.
  2. Jeffrey Round, 2003. "Constructing SAMs for Development Policy Analysis: Lessons Learned and Challenges Ahead," Economic Systems Research, Taylor & Francis Journals, vol. 15(2), pages 161-183.
  3. Graham Pyatt, 2001. "Some Early Multiplier Models of the Relationship between Income Distribution and Production Structure," Economic Systems Research, Taylor & Francis Journals, vol. 13(2), pages 139-163.
  4. Susana Santos, 2007. "Modelling economic circuit flows in a social accounting matrix framework. An application to Portugal," Applied Economics, Taylor & Francis Journals, vol. 39(14), pages 1753-1771.
  5. Pyatt, Graham, 1988. "A SAM approach to modeling," Journal of Policy Modeling, Elsevier, vol. 10(3), pages 327-352.
  6. Santos, Susana G., 2004. "Portuguese net borrowing and the government budget balance: A SAM approach," Journal of Policy Modeling, Elsevier, vol. 26(6), pages 703-717, September.
  7. Pyatt, Graham, 1991. "SAMs, the SNA and National Accounting Capabilities," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 37(2), pages 177-98, June.
  8. Stone, Richard, 1982. "Working with What We Have: How Can Existing Data Be Used in the Construction and Analysis of Socio-Demographic Matrices?," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 28(3), pages 291-303, September.
  9. Keuning, Steven J & de Ruijter, Willem A, 1988. "Guidelines to the Construction of a Social Accounting Matrix," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 34(1), pages 71-100, March.
  10. Susana Santos, 2010. "A quantitative approach to the effects of social policy measures. An application to Portugal, using Social Accounting Matrices," EERI Research Paper Series EERI_RP_2010_33, Economics and Econometrics Research Institute (EERI), Brussels.
  11. Pyatt, Graham, 1985. "Commodity Balances and National Accounts: A SAM Perspective," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 31(2), pages 155-69, June.
  12. Graham Pyatt, 1999. "Some Relationships between T-Accounts, Input-Output Tables and Social Accounting Matrices," Economic Systems Research, Taylor & Francis Journals, vol. 11(4), pages 365-387.
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Cited by:
  1. Santos, Susana, 2014. "Studying the Socio-Economics of Ageing using Social Accounting and Socio-Demographic Matrices. An application to Portugal," MPRA Paper 53858, University Library of Munich, Germany.

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