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A price model to assess the inflationary effects of the European Regional Policy

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Author Info
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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Abstract

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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File URL: http://www.upo.es/serv/bib/wps/econ0715.pdf
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File Function: First version, 2007
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Publisher Info
Paper provided by Universidad Pablo de Olavide, Department of Economics in its series Working Papers with number 07.15.

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Length: 21 pages
Date of creation: Oct 2007
Date of revision:
Handle: RePEc:pab:wpaper:07.15

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Related research
Keywords: Social Accounting Matrix; Regional Accounting; Structural Analysis.;

Other versions of this item:

Find related papers by JEL classification:
C67 - Mathematical and Quantitative Methods - - Mathematical Methods and Programming - - - Input-Output Models
D57 - Microeconomics - - General Equilibrium and Disequilibrium - - - Input-Output Tables and Analysis
R15 - Urban, Rural, and Regional Economics - - General Regional Economics - - - Econometric and Input-Output Models; Other Methods

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References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
  1. M. Alejandro Cardenete & Ferran Sancho, 2002. "Sensitivity of Simulation Results to Competing SAM Updates," UFAE and IAE Working Papers 556.02, Unitat de Fonaments de l'Anàlisi Econòmica (UAB) and Institut d'Anàlisi Econòmica (CSIC). [Downloadable!]
  2. Defourny, Jacques & Thorbecke, Erik, 1984. "Structural Path Analysis and Multiplier Decomposition within a Social Accounting Matrix Framework," Economic Journal, Royal Economic Society, vol. 94(373), pages 111-36, March. [Downloadable!] (restricted)
  3. Pyatt, F Graham & Round, Jeffery I, 1979. "Accounting and Fixed Price Multipliers in a Social Accounting Matrix Framework," Economic Journal, Royal Economic Society, vol. 89(356), pages 850-73, December. [Downloadable!] (restricted)
  4. Pyatt, Graham, 1988. "A SAM approach to modeling," Journal of Policy Modeling, Elsevier, vol. 10(3), pages 327-352. [Downloadable!] (restricted)
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