Transcription of Chapter 14 Social Accounting Matrices and SAM-based ...
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Chapter 14 Social Accounting Matrices and SAM-based Multiplier Analysis(Round)Tool Kit - Chapter 14page 14- 1 Chapter 14 Social Accounting Matrices and SAM-based Multiplier AnalysisJeffery Chapter sets out the framework of a Social Accounting matrix (SAM) and shows how it can beused to construct SAM-based multipliers to analyse the effects of macroeconomic policies ondistribution and poverty. Estimates provided by a Social Accounting matrix (SAM) can be useful -even essential - for calibrating a much broader class of models to do with monitoring poverty andincome distribution. But this Chapter is limited to a review of how SAMs are used to develop simpleeconomy-wide multipliers for poverty and income distribution is a SAM? A SAM is a particular representation of the macro and meso economic accounts of asocio-economic system, which capture the transactions and transfers between all economic agents inthe system (Pyatt and Round, 1985; Reinert and Roland-Holst, 1997).
Chapter 14 – Social Accounting Matrices and SAM-based Multiplier Analysis (Round) Tool Kit - Chapter 14 page 14- 2 particular recording the interactions between both these sets of agents via the factor and product
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