M. Carmen Lima Díaz () (Department of Economics, Universidad Pablo de Olavide de Sevilla) M. Alejandro Cardenete Flores () (Department of Economics, Universidad Pablo de Olavide de Sevilla)
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Social Accounting Matrices (SAM) are databases that complete the information provided by the input-output tables. They study the intersectorial relationships of an economy, the behaviour of consumers, the government or the foreign sector, while being able to close the income flow of rent. In this work, we deal with the European Regional Development Fund (ERDF) in Andalusia, a Spanish region classified as Objective 1 by the European Regional policy. We apply the Leontief model on the SAMs for 1990, 1995 and 1999 to get the gross output fall when we remove these regional funds. Furthermore, we develop a price model to assess the impact of this financial support on aggregate and sectorial prices.
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Paper provided by Universidad Pablo de Olavide, Departamento de Economía in its series Working Papers with number
07.15.
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