DATA, LINKAGES, AND MODELS: U.S. NATIONAL INCOME AND PRODUCT ACCOUNTS IN THE FRAMEWORK OF A SOCIAL ACCOUNTING MATRIX

Kenneth Hanson and Sherman Robinson

No 278155, Staff Reports from United States Department of Agriculture, Economic Research Service

Abstract: In policy analysis, there is a continuing tension and interplay between issues, models, and data. Issues and models have changed in recent years and there is a need for evolution in the underlying economywide economic database. We discuss accounting frameworks for integrating micro survey data with macro data from the national economic accounts. We take a modeler's perspective, arguing that new accounts are needed to support policy modeling. We discuss in detail the use of a social accounting matrix (SAM). A SAM provides a data framework which reflects an actor/transaction view of the economy and supports disaggregated economywide modeling. We discuss the relationship between a SAM and the existing national econonmic accounts for the United States, including the national income and product accounts (NIPA) and the input-output accounts.

Keywords: Agricultural and Food Policy; Financial Economics (search for similar items in EconPapers)
Pages: 44
Date: 1989-01
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (14)

Downloads: (external link)
https://ageconsearch.umn.edu/record/278155/files/ers-report-385.pdf (application/pdf)

Related works:
Working Paper: Data, Linkages and Models: U.S. National Income and Product Accounts In the Framework of a Social Accounting Matrix (1990)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ags:uerssr:278155

DOI: 10.22004/ag.econ.278155

Access Statistics for this paper

More papers in Staff Reports from United States Department of Agriculture, Economic Research Service Contact information at EDIRC.
Bibliographic data for series maintained by AgEcon Search ().