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Social Accounting Matrix Multipliers for Greece

Author

Listed:
  • Charalampos Economidis

    (Department of Public Administration, Panteion University, Athens, Greece)

  • Paulin Mema

    (Department of Public Administration, Panteion University, Athens, Greece)

Abstract

The aim of this paper is to calculate Social Accounting Matrix (SAM) multipliers for Greece for the year 2010. The SAM provides the so-called "direct effect", "indirect effect" and "closed loop" multipliers. The SAM sectors are divided into three categories, namely the industries of production, the remuneration of factors of production and the various kinds of income. The "direct effect" multiplier has a significant effect on the first and third categories. The "indirect effect" multiplier has a significant effect on the second and third categories while the "closed loop" multiplier has significant effects on the first second and third categories. Finally, the global multiplier has a greater effect than those of the "closed loop", "indirect effect" and "direct effect" multipliers combined.

Suggested Citation

  • Charalampos Economidis & Paulin Mema, 2017. "Social Accounting Matrix Multipliers for Greece," Bulletin of Political Economy, Bulletin of Political Economy, vol. 11(1), pages 59-73, June.
    • Handle: RePEc:awu:journl:v:11:y:2017:i:1:p:59-73
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    References listed on IDEAS

    as
    1. 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 111-136, March.
    2. 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 850-873, December.
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