A matrix of social accounting for Asturias

A Social Accounting Matrix is an integrated system of accounts that presents in a double-entry table all the transactions made in an economy among productive sectors, production factors, institutional sectors and the rest of the world. In comparison with an Input-Output Table, it offers a greater de...

Full description

Saved in:
Bibliographic Details
Published inInvestigaciones regionales no. 2; pp. 165 - 171
Main Authors Margarita Argüelles, Carmen Benavides
Format Journal Article
LanguageEnglish
Published AECR 01.01.2003
Subjects
Input-Output
Regional Accounts
Social Accounting Matrix
Online AccessGet full text

Cover

More Information
Summary:A Social Accounting Matrix is an integrated system of accounts that presents in a double-entry table all the transactions made in an economy among productive sectors, production factors, institutional sectors and the rest of the world. In comparison with an Input-Output Table, it offers a greater deal of information and shows completely the circular process of income, captivating more precisely the effects of exogenous changes. One of the main profits of a Social Accounting Matrix is to serve as a database for the development and application of a computable general equilibrium model. This is, in fact, the aim pursued with the elaboration of the Social Accounting Matrix for the Asturian economy presented here. This Matrix has been constructed with data from the 1995 Regional Accounts of Asturias, and its structure has been adapted to its future use as a database for a computable general equilibrium model of this regional economy.
ISSN:1695-7253