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Graham Pyatt: Accounting for Development

Jeffery I. Round ()
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Jeffery I. Round: Department of Economics – University of Warwick

Rivista Internazionale di Scienze Sociali, 2025, vol. 133, issue 1, 7-18

Abstract: Graham Pyatt was an influential quantitative development economist. He made significant contributions in the fields of social accounting and policy modelling, and in poverty analysis especially. The aim of this paper is to chart and assess his pioneering contribution in designing and applying social accounting matrices (SAMs) in developing countries. He led projects to construct SAMs for Sri Lanka, Swaziland and Malaysia with progressively improved features. Based on the structure of a SAM he developed both fixed and flexible price models, including multiplier decompositions used in examining the relationships between the structure of production and income distribution. Graham Pyatt also contributed insights into the fundamentals of social accounting including accounting for time use. The paper also highlights his inspiration in developing formal methods of reconciling data from disparate data sources; and in devising the transactions value (TV) approach to construct a CGE model based on a SAM format.

Keywords: Social accounting matrix; SAM; multipliers; development (search for similar items in EconPapers)
JEL-codes: C67 C82 D57 E16 O11 (search for similar items in EconPapers)
Date: 2025
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