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Constructing a Social Accounting Matrix for Sardinia

Author

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  • G. Ferrari
  • G. Garau
  • P. Lecca

Abstract

Recently, the Social Accounting Matrix (SAM) has been resurrected as a policy analysis tool and, in the last decade, attention has been paid to SAM multipliers, as well as to the use of the SAM as a benchmark for computable general equilibrium models. This paper constructs a SAM for the regional economy of Sardinia that can be used for policy evaluation and impact analysis. A mixture of approaches is used from simple compilation and decomposition methods to procedures for matrix estimations and matrix balancing.

Suggested Citation

  • G. Ferrari & G. Garau & P. Lecca, 2009. "Constructing a Social Accounting Matrix for Sardinia," Working Paper CRENoS 200902, Centre for North South Economic Research, University of Cagliari and Sassari, Sardinia.
    • Handle: RePEc:cns:cnscwp:200902
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    References listed on IDEAS

    as
    1. Golan, Amos & Judge, George G. & Miller, Douglas, 1996. "Maximum Entropy Econometrics," Staff General Research Papers Archive 1488, Iowa State University, Department of Economics.
    2. Jeffrey Round, 2003. "Constructing SAMs for Development Policy Analysis: Lessons Learned and Challenges Ahead," Economic Systems Research, Taylor & Francis Journals, vol. 15(2), pages 161-183.
    3. Golan, Amos & Judge, George & Robinson, Sherman, 1994. "Recovering Information from Incomplete or Partial Multisectoral Economic Data," The Review of Economics and Statistics, MIT Press, vol. 76(3), pages 541-549, August.
    4. Richard Stone, 1951. "Simple Transaction Models, Information and Computing," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 19(2), pages 67-84.
    5. Michael H. Schneider & Stavros A. Zenios, 1990. "A Comparative Study of Algorithms for Matrix Balancing," Operations Research, INFORMS, vol. 38(3), pages 439-455, June.
    6. Amos Golan & Stephen Vogel, 2000. "Estimation of Non-Stationary Social Accounting Matrix Coefficients with Supply-Side Information," Economic Systems Research, Taylor & Francis Journals, vol. 12(4), pages 447-471.
    7. Sherman Robinson & Andrea Cattaneo & Moataz El-Said, 2001. "Updating and Estimating a Social Accounting Matrix Using Cross Entropy Methods," Economic Systems Research, Taylor & Francis Journals, vol. 13(1), pages 47-64.
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    Cited by:

    1. Lecca, Patrizio & McGregor, Peter G. & Swales, J. Kim, 2013. "Forward-looking and myopic regional Computable General Equilibrium models: How significant is the distinction?," Economic Modelling, Elsevier, vol. 31(C), pages 160-176.
    2. Giorgio Garau & Patrizio Lecca, 2015. "The Impact of Regional R&D Subsidy in a Computable General Equilibrium Model," International Regional Science Review, , vol. 38(4), pages 319-357, October.

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    More about this item

    Keywords

    social accounting matrix; input-output; doubly constrained minimum information (mi) model; cross entropy; regional account system;
    All these keywords.

    JEL classification:

    • E02 - Macroeconomics and Monetary Economics - - General - - - Institutions and the Macroeconomy

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