IDEAS home Printed from https://ideas.repec.org/p/pra/mprapa/79727.html
   My bibliography  Save this paper

An approach to the structural features of the socio-economic activity of a country based on a Social Accounting Matrix.Evidences and multiplier effects on distribution of income

Author

Listed:
  • Santos, Susana

Abstract

A Social Accounting Matrix (SAM) is presented as a tool to study the socio-economic activity of a country. This activity involves the monetary or nominal flows that are measured by the National Accounts, as well as production (organized in factors, industries and goods and services) and institutions (organized in households, general government, non-financial and financial corporations, non-profit institutions serving households, and rest of the world). In order to contribute to the definition of a methodology that can contribute to improving the knowledge of the different aspects of this activity, the potentialities of a SAM for its reading and interpreting are explored, as well as for carrying out experiments regarding its functioning. Through a SAM-based approach, how to construct more or less complex networks of linkages of the above-mentioned flows is shown, from which structural features can be evidenced and the associated multiplier effects studied. Following an application to Portugal, it is shown that a numerical version of a SAM, enables an empirical description of the origin, use, and distribution of income, whereas, an algebraic version of a SAM allows one to carry out, for example, a deeper study of the multiplier effects associated with the institutional distribution of income. The crucial role of the factors of production accounts is identified in this study, namely when they establish the link between the generation and the distribution and use of income. In this process, the important role the complementary details that the Input-Output Matrix (IOM) can add is also identified. Thus, being the generation of income the result of the output of goods and services and the associated costs, on the one hand, an industry-by-industry IOM can add details regarding domestic and imported intermediate consumption by and between industries and, on the other hand, a product-by-product IOM can add details regarding the domestic and imported intermediate consumption of goods and services.

Suggested Citation

  • Santos, Susana, 2017. "An approach to the structural features of the socio-economic activity of a country based on a Social Accounting Matrix.Evidences and multiplier effects on distribution of income," MPRA Paper 79727, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:79727
    as

    Download full text from publisher

    File URL: https://mpra.ub.uni-muenchen.de/79727/1/MPRA_paper_79727.pdf
    File Function: original version
    Download Restriction: no
    File URL: https://mpra.ub.uni-muenchen.de/79741/1/MPRA_paper_79741.pdf
    File Function: revised version
    Download Restriction: no
    File URL: https://mpra.ub.uni-muenchen.de/79742/4/MPRA_paper_79742.pdf
    File Function: revised version
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. repec:bla:revinw:v:37:y:1991:i:2:p:177-98 is not listed on IDEAS
    2. Stone, Richard, 1986. "Nobel Memorial Lecture 1984: The Accounts of Society," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 1(1), pages 5-28, January.
    3. Susana Santos, 2010. "A quantitative approach to the effects of social policy measures. An application to Portugal, using Social Accounting Matrices," EERI Research Paper Series EERI_RP_2010_33, Economics and Econometrics Research Institute (EERI), Brussels.
    4. 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.
    5. 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.
    6. 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.
    7. SANTOS Susana Maria G., 2010. "The Social Accounting Matrix as a Working Instrument for Defining Economic Policy. Application in Portugal with Emphasis on the General Government Sector," EcoMod2003 330700131, EcoMod.
    8. Susana SANTOS, 2016. "The Informal Aspects of the Activity of Countries Studied Through Social Accounting and Socio-Demographic Matrices," Journal of Economic and Social Thought, KSP Journals, vol. 3(1), pages 49-78, March.
    9. Santos, Susana, 2011. "Measuring (socio-)economic systems using the SNA. A SAM approach," MPRA Paper 32758, University Library of Munich, Germany.
    10. Pyatt, Graham, 1988. "A SAM approach to modeling," Journal of Policy Modeling, Elsevier, vol. 10(3), pages 327-352.
    11. 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.
    12. Susana SANTOS, 2014. "The Social Accounting Matrix And The Socio-Demographic Matrix-Based Approaches For Studying The Socioeconomics Of Ageing," Theoretical and Practical Research in the Economic Fields, ASERS Publishing, vol. 5(1), pages 63-72.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Santos, Susana, 2022. "National Accounts of Portugal in 2018. Integrated economic accounts, matrix representations and extensions," MPRA Paper 114183, University Library of Munich, Germany.
    2. Santos, Susana, 2022. "Contas Nacionais de Portugal em 2018. Contas económicas integradas, representações matriciais e extensões [National Accounts of Portugal in 2018. Integrated economic accounts, matrix representation," MPRA Paper 115671, University Library of Munich, Germany.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Susana SANTOS, 2016. "The Informal Aspects of the Activity of Countries Studied Through Social Accounting and Socio-Demographic Matrices," Journal of Economic and Social Thought, KSP Journals, vol. 3(1), pages 49-78, March.
    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, 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.
    4. 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.
    5. Santos, Susana, 2011. "Measuring (socio-)economic systems using the SNA. A SAM approach," MPRA Paper 32758, University Library of Munich, Germany.
    6. Susana SANTOS, 2008. "A SAM-based Model, Constructed from the SNA, to be Used for Studying the Distributional Impacts of Government Policies in Portugal," EcoMod2008 23800125, EcoMod.
    7. Susana Santos & Mónica Magaua, 2021. "Revisiting the informal aspects of the activity of countries, studied through Social Accounting and Socio-Demographic Matrices, with an application to Mozambique," Working Papers REM 2021/0198, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa.
    8. Susana Santos, 2011. "Constructing SAMs from the SNA," Working Papers Department of Economics 2011/18, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa.
    9. Susana Santos, 2005. "Social Accounting Matrix and the System of National Accounts: An Application," Working Papers Department of Economics 2005/14, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa.
    10. 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.
    11. Susana Santos, 2006. "Constructing a Database for Economic Modelling From the System of National Accounts: a Social Accounting Matrix for Portugal," EcoMod2006 272100078, EcoMod.
    12. Susana Santos, 2022. "An empirical and theoretical approach to a country's economic activity based on a Social Accounting Matrix. An application to Portugal," Bulletin of Applied Economics, Risk Market Journals, vol. 9(1), pages 27-37.
    13. Susana Santos & Tanya Araújo, 2018. "The network of inter-industry flows in a SAM framework," Working Papers REM 2018/40, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa.
    14. Susana Santos, 2024. "Institutional interrelations in distributive transactions seen through a magnifying glass," Working Papers REM 2024/0340, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa.
    15. Alvaro Gallardo & Cristian Mardones, 2013. "Environmentally extended social accounting matrix for Chile," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 15(4), pages 1099-1127, August.
    16. Susana Santos, 2016. "Studying the structures of income distribution and production with Social Accounting and Input-Output Matrices," EcoMod2016 9329, EcoMod.
    17. Juan Carlos Collado & Ferran Sancho, 2002. "Recovering Hidden Indirect Tax Rates for Improved Calibration in Multisectoral Modelling," Economic Systems Research, Taylor & Francis Journals, vol. 14(1), pages 81-88.
    18. Susana Santos, 2010. "A quantitative approach to the effects of social policy measures. An application to Portugal, using Social Accounting Matrices," EERI Research Paper Series EERI_RP_2010_33, Economics and Econometrics Research Institute (EERI), Brussels.
    19. Reich, Utz Peter & Santos, Susana, 2018. "Unconditional Basic Income: Who gets it? Who pays for it? A social Accounting Approach to Distribution," MPRA Paper 88611, University Library of Munich, Germany.
    20. Susana Santos, 2011. "The SAM as a database for a CGE model for Portugal and its Autonomous Region of the Azores," EcoMod2011 2883, EcoMod.

    More about this item

    Keywords

    Social Accounting Matrix; National Accounts; SAM-based approach; socio-economic structure; Input-Output Matrix; Income Distribution.;
    All these keywords.

    JEL classification:

    • D57 - Microeconomics - - General Equilibrium and Disequilibrium - - - Input-Output Tables and Analysis
    • E01 - Macroeconomics and Monetary Economics - - General - - - Measurement and Data on National Income and Product Accounts and Wealth; Environmental Accounts
    • E02 - Macroeconomics and Monetary Economics - - General - - - Institutions and the Macroeconomy
    • E16 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Social Accounting Matrix
    • E25 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Aggregate Factor Income Distribution

    NEP fields

    This paper has been announced in the following NEP Reports:

    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:pra:mprapa:79727. See general information about how to correct material in RePEc.

    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.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with 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.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Joachim Winter (email available below). General contact details of provider: https://edirc.repec.org/data/vfmunde.html .

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

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.