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Studying the Socio-Economics of Ageing using Social Accounting and Socio-Demographic Matrices. An application to Portugal

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  • Santos, Susana

Abstract

In looking for empirical evidence about the activity of countries, a proposal is made for studying (measuring and modelling) the activity of countries through the use of Social Accounting Matrices (SAMs) and Socio-Demographic Matrices (SDMs). SAMs and SDMs are presented as tools that have specific features for conducting studies in several different areas, particularly in the Socio-Economics of Ageing, as well as for supporting policy decision processes. Based on methodological principles that are derived mainly from the works of Richard Stone, emphasis is placed on the desirability of working in a matrix format, which includes not only people (SDM), but also, at the same time, activities, products, factors of production and institutions (SAM). This is considered to be a way of capturing the relevant network of linkages and the corresponding multiplier effects for the subsequent modelling of the activity of the countries studied. The exposition of this proposal is accompanied by an example applied to Portugal.

Suggested Citation

  • Santos, Susana, 2014. "Studying the Socio-Economics of Ageing using Social Accounting and Socio-Demographic Matrices. An application to Portugal," MPRA Paper 53858, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:53858
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    References listed on IDEAS

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    1. Susana Santos, 2012. "A SAM (Social Accounting Matrix) approach to the policy decision process," Working Papers Department of Economics 2012/28, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa.
    2. Susana Santos, 2013. "Socio-Economic Studies with Social Accounting and Sociodemographic Matrices. An application to Portugal," Working Papers Department of Economics 2013/16, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa.
    3. Stone, Richard, 1997. "The Accounts of Society," American Economic Review, American Economic Association, vol. 87(6), pages 17-29, December.
    4. Richard Stone, 1982. "Working With What We Have: How Can Existing Data Be Used In The Construction And Analysis Of Socio‐Demographic Matrices?1," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 28(3), pages 291-303, September.
    5. Graham Pyatt, 1999. "Some Relationships between T-Accounts, Input-Output Tables and Social Accounting Matrices," Economic Systems Research, Taylor & Francis Journals, vol. 11(4), pages 365-387.
    6. Richard Stone, 1966. "The Social Accounts From A Consumer'S Point Of View," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 12(1), pages 1-33, March.
    7. Pyatt, Graham, 1988. "A SAM approach to modeling," Journal of Policy Modeling, Elsevier, vol. 10(3), pages 327-352.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Social Accounting Matrix; Macroeconomic Policy; Socio-Demographic Matrices;
    All these keywords.

    JEL classification:

    • E16 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Social Accounting Matrix
    • E61 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Policy Objectives; Policy Designs and Consistency; Policy Coordination
    • J11 - Labor and Demographic Economics - - Demographic Economics - - - Demographic Trends, Macroeconomic Effects, and Forecasts

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