Data Issues and the Social Accounting Matrix
The empirical implementation of general equilibrium models is greatly facilitated by the organization of input-output data, and related data on national income, production and public accounts into the framework known as a social accounting matrix (SAM). A SAM is a double-entry accounting system that owes its origins to the work of Nobel Laureate, Sir Richard Stone, founder of the United Nations’ System of National Accounts (SNA).
KeywordsGross Domestic Product Capital Stock Data Issue Cell Entry Indirect Taxis
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