Your browser does not fully support modern features. Please upgrade for a smoother experience.
Social Accounting Matrix: History
Please note this is an old version of this entry, which may differ significantly from the current revision.
Subjects: Economics

A social accounting matrix (SAM) is a comprehensive, square matrix that records the economic transactions and transfers among production activities, factors of production, institutions, capital accounts, and the rest of the world within an economy [1][2]. It extends the information contained in national accounts and input–output tables by integrating production, income generation, income distribution, expenditure, saving, and other economic flows within a consistent accounting framework [1][3]. Each account is represented by a row and a column, with entries showing payments from one account to another, so that total receipts and expenditures are balanced for each account [1][2]. SAMs can disaggregate institutional sectors, particularly households, by characteristics such as income group, allowing the relationships between production structures and income distribution to be examined [2][4]. They provide a structured database for economic analysis and can serve as the basis for multiplier analysis, economic modeling, and assessment of the potential effects of policies or other changes in an economy [3][4].

  • social accounting matrix
  • national accounts
  • input-output analysis
  • income distribution
  • economic modeling
  • policy analysis

 Economic, financial, and policy analysis •  General Economics, Econometrics and Finance •  Economics, Econometrics and Finance •  Social Sciences

References

  1. Graham Pyatt; Jeffrey I. Round; Social Accounting Matrices for Development Planning. Rev. Income Wealth 1977, 23, 339-364, 10.1111/j.1475-4991.1977.tb00022.x.
  2. United Nations. System of National Accounts 2008; United Nations: New York, NY, USA, 2009. https://unstats.un.org/unsd/nationalaccount/docs/SNA2008.pdf.
  3. Graham Pyatt; A SAM approach to modeling. J. Policy Model. 1988, 10, 327-352, 10.1016/0161-8938(88)90026-9.
  4. Pyatt, G.; Round, J. I., Eds. Social Accounting Matrices: A Basis for Planning; World Bank: Washington, DC, USA, 1985. https://documents1.worldbank.org/curated/en/919371468765880931/pdf/Social-accounting-matrices-a-basis-for-planning.pdf.
More
This entry is offline, you can click here to edit this entry!
Academic Video Service