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A quantitative approach to the effects of social policy measures. An application to Portugal, using Social Accounting Matrices

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  • Santos, Susana

Abstract

The impacts of policy measures on transfers between government and households will be quantified using Social Accounting Matrices (SAMs). The System of National Accounts (SNA) will be the main source used for the construction of the numerical version of these matrices, which will then form the basis for two algebraic versions. One version will consist of accounting multipliers, and structural path analysis will also be used for its decomposition. The other version will be a so-called SAM-based linear model, in which each cell will be defined with a linear equation or system of equations, whose components will be all the known and quantified transactions of the SNA, using the parameters deduced from the numerical SAM that served as the basis for this model. Macroeconomic aggregates and balances, as well as structural indicators of the distribution and use of income, will be calculated from numerical and algebraic versions of the SAM. These will make it possible to quantify and compare the effects of social policy measures and to evaluate their differences, in order to define the path for future research work on the SAM-based linear model.

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Bibliographic Info

Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 23612.

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Date of creation: 02 Jul 2010
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Handle: RePEc:pra:mprapa:23612

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Keywords: Social Accounting Matrix; SAM-based Modelling; Macroeconomic Modelling; Policy Analysis; Structural Path Analysis;

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References

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  1. Susana Santos, 2007. "Macro-SAMs for modelling purposes. An application to Portugal in 2003," Working Papers Department of Economics 2007/17, ISEG - School of Economics and Management, Department of Economics, University of Lisbon.
  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.
  3. 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.
  4. 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.
  5. Susana Santos, 2011. "Constructing SAMs from the SNA," Working Papers Department of Economics 2011/18, ISEG - School of Economics and Management, Department of Economics, University of Lisbon.
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Cited by:
  1. Susana Santos, 2011. "Constructing SAMs from the SNA," Working Papers Department of Economics 2011/18, ISEG - School of Economics and Management, Department of Economics, University of Lisbon.
  2. Santos, Susana, 2013. "Socio-economic studies with social accounting and socio-demographic Matrices. An (attempted) application to Mozambique," MPRA Paper 47999, University Library of Munich, Germany.
  3. Susana Santos, 2013. "Socio-Economic Studies with Social Accounting and Sociodemographic Matrices. An application to Portugal," Working Papers Department of Economics 2013/16, ISEG - School of Economics and Management, Department of Economics, University of Lisbon.
  4. Susana Santos, 2012. "A SAM (Social Accounting Matrix) approach to the policy decision process," Working Papers Department of Economics 2012/28, ISEG - School of Economics and Management, Department of Economics, University of Lisbon.
  5. Santos, Susana, 2011. "Measuring (socio-)economic systems using the SNA. A SAM approach," MPRA Paper 32758, University Library of Munich, Germany.

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