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

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.


Issue Date:
1989-01
Publication Type:
Report
DOI and Other Identifiers:
Record Identifier:
https://ageconsearch.umn.edu/record/278155
Language:
English
Total Pages:
44
Series Statement:
AGES 89-5




 Record created 2018-10-12, last modified 2020-10-28

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