Social Accounting Matrices and Multiplier Analysis: An Introduction with Exercises (Google eBook)
Intl Food Policy Res Inst, 2009 - Business & Economics - 30 pages
This training guide introduces development practitioners, policy analysts, and students to social accounting matrices (SAMs) and their use in policy analysis. There are already a number of books that explain the System of National Accounts and SAM multipliers-some of these are recommended at the end of this training guide. However, most books tend to be quite technical and move quickly from an introduction to more complex applications. By contrast, this guidebook uses a series of hands-on exercises to gradually introduce SAMs and multiplier analysis. It therefore complements more theoretical SAM and multiplier literature and provides a first step for development practitioners and students wishing to understand the strengths and limitations of these economic tools. It is also useful for policy analysts and researchers embarking on more complex SAM-based methodologies. One such methodology is computable general equilibrium (CGE) modeling, for which IFPRI has also developed a series of introductory exercises and a standard modeling framework.To download the exercises, go to www.ifpri.org/publication/WBRsocial-accounting-matrices-WBRand-multiplier-analysis
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activities and commodities agricul agricultural production balance of payments beneﬁt calculate cell entry changes in demand coefﬁcient matrix components of demand constrained multiplier model consumption linkages consumption spending country’s deﬁcit direct and indirect Direct taxes disaggregated earnings economic linkages endogenous example Exercise exogenous components exogenous demand factor cost factors of production ﬁle Task ﬁrst term ﬁscal ﬁxed ﬂow of income folder FOOD SECURITY GDP at factor government consumption gross output Household consumption expenditure identity matrix IFPRI income and expenditure increase in agricultural increase in manufacturing indirect taxes input coefﬁcients input-output input-output model Intermediate demand intermediate inputs investment demand leakages M-matrix manufacturing exports matrix algebra million cedi multiplier analysis multiplier effects multiplier process national accounts output multiplier percent production linkages production technologies proﬁts reﬂects Rest of world round rural households Scenario sectors supply Table total demand total factor income total household income tural Unconstrained multiplier formula urban households worksheet