Measuring the Activity of European and African Countries Using Social Accounting Matrices

43 Pages Posted: 28 Oct 2011 Last revised: 14 Nov 2011

See all articles by Susana Santos

Susana Santos

Universidade de Lisboa - ISEG (Lisbon School of Economics and Management), UECE (Research Unit on Complexity and Economics), REM (Research in Economics and Mathematics) & DE (Department of Economics); Universidade de Lisboa - ISEG (Lisbon School of Economics and Management), UECE (Research Unit on Complexity and Economics), REM (Research in Economics and Mathematics) & DE (Department of Economics)

Date Written: October 16, 2011

Abstract

Economic models at the micro, meso and macro levels presuppose the existence of consistent databases that make it possible to quantify the activity of enterprises, sectors, regions, countries or continents. Such models can also be important aids in the policy decision process, since they permit the construction of scenarios resulting from the adoption of policy measures and the consequent changes that they introduce.

When consistent with the United Nations System of National Accounts (SNA), the Social Accounting Matrix (SAM) can include all the nominal flows of the measured part of the economy, at the level of both production and the institutions, and therefore satisfies these requirements. Thus, in its numerical version, a SAM constitutes a database and provides a snapshot of the measured reality at a certain moment, whereas its possible algebraic versions, i.e. models that are based upon it, permit the construction of the above-mentioned scenarios.

The possibility and usefulness of constructing SAMs for African countries consistent with the SNA will be examined and experimented. The SAM’s basic structure and consistency within the whole system will be studied, as well as any possible disaggregations, extensions, aggregates, indicators and balances that can be calculated. Other aspects beyond that basic structure will also be examined in order to show to what extent the SAM is capable of covering parts of the economy that are not covered by the SNA.

Keywords: Social Accounting Matrix, National Accounts, European Countries, African Countries

JEL Classification: C82, E01, E61

Suggested Citation

Santos, Susana and Santos, Susana, Measuring the Activity of European and African Countries Using Social Accounting Matrices (October 16, 2011). Available at SSRN: https://ssrn.com/abstract=1944735 or http://dx.doi.org/10.2139/ssrn.1944735

Susana Santos (Contact Author)

Universidade de Lisboa - ISEG (Lisbon School of Economics and Management), UECE (Research Unit on Complexity and Economics), REM (Research in Economics and Mathematics) & DE (Department of Economics) ( email )

Rua Miguel Lupi, 20
Lisboa, 1249-078
Portugal

HOME PAGE: https://www.iseg.ulisboa.pt/aquila/homepage/ssantos?locale=en

Universidade de Lisboa - ISEG (Lisbon School of Economics and Management), UECE (Research Unit on Complexity and Economics), REM (Research in Economics and Mathematics) & DE (Department of Economics) ( email )

Rua Miguel Lupi, 20
Lisboa, 1240-078
Portugal
+351 21 392 59 53 (Phone)

HOME PAGE: http:////www.iseg.ulisboa.pt/aquila/homepage/f645

Do you have a job opening that you would like to promote on SSRN?

Paper statistics

Downloads
74
Abstract Views
723
rank
430,104
PlumX Metrics