IDEAS home Printed from https://ideas.repec.org/a/eip/journl/y2014i1p106-120.html
   My bibliography  Save this article

The methodology to construct social accounting matrix for Ukrainian economy

Author

Listed:
  • T. Tyschuk, Ð . Sleptsov

Abstract

The paper proposes a methodology of social accounting matrix construction on the basis of available data in the system national accounts of Ukraine. It is consistent with the main principles of such matrix organization concerning the balance, content and structure of accounts, which enables its use in classical problem statements with general equilibrium models. The methodology provides the necessary disaggregation level of matrix blocks for modeling the links between production processes, use of resources and financial flows, which gives the possibility to take into account the process of transformation of savings into capital assets. The proposed methodology is universal and may be used in case of changing the classifiers of economic activities, in particular, during the transition to CEA 2010. Formal presentation of the matrix elements simplifies the automation of the process of matrix construction, which, with the appearance of new statistical data, allows quick renewal of the matrix. Its representation in the form of a sum of matrix with data of individual accounts allows easy operation with them during further modeling with standard packages like MathLab, R or GAMS. The experimental calculation of the matrix of social accounts for Ukraine was done for 2011. The estimates demonstrate that the use of the above mentioned methodology ensures a proper balance of the matrix account and does not require additional balancing procedures. That ensures the absence of discrepancies between the matrix data and the actual indicators of the national accounts.

Suggested Citation

  • T. Tyschuk, Ð . Sleptsov, 2014. "The methodology to construct social accounting matrix for Ukrainian economy," Economy and Forecasting, Valeriy Heyets, issue 1, pages 106-120.
  • Handle: RePEc:eip:journl:y:2014:i:1:p:106-120
    as

    Download full text from publisher

    File URL: http://eip.org.ua/docs/EP_14_1_106_uk.pdf
    Download Restriction: no

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eip:journl:y:2014:i:1:p:106-120. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Iryna Bazhal). General contact details of provider: http://eip.org.ua/ .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.