SAM elaboration as a multiobjective adjustment problem

Casiano Manrique de Lara Peñate and Dolores R. Santos-Peñate

No 331705, Conference papers from Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project

Abstract: When elaborating a SAM many data adjustments have to be made. In our study we assume we need to adjust the household data on income to the data on labor payments derived from the IO Table, assuming that the data on households is the one that needs to be adjusted. In this adjustment both the distribution of each labor income among the different household types and the distribution of the different labor incomes among each household type have to be simultaneously taken into account. We propose multicriteria optimization techniques to solve this problem and to find a set of efficient solutions. We then show different ways to rank or select between these efficient solutions. We include various examples to show the effects of applying different decision criteria.

Keywords: Labor and Human Capital; Consumer/Household Economics (search for similar items in EconPapers)
Pages: 14
Date: 2008
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Persistent link: https://EconPapers.repec.org/RePEc:ags:pugtwp:331705

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