A comparative analysis of updating and balancing methods for social accounting matrices

Computable General Equilibrium (CGE) models, which are widely used in the literature to quantify potential impacts of economic public policies, are calibrated on data from Social Accounting Matrices (SAM). SAM belongs to national accounting systems and represents interactions between activities and...

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Autores principales: Traoré, Fousseini, Camara, Alhassane, Fonton, Kike Yra
Formato: Informe técnico
Lenguaje:Inglés
Publicado: International Food Policy Research Institute 2020
Materias:
Acceso en línea:https://hdl.handle.net/10568/142669
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author Traoré, Fousseini
Camara, Alhassane
Fonton, Kike Yra
author_browse Camara, Alhassane
Fonton, Kike Yra
Traoré, Fousseini
author_facet Traoré, Fousseini
Camara, Alhassane
Fonton, Kike Yra
author_sort Traoré, Fousseini
collection Repository of Agricultural Research Outputs (CGSpace)
description Computable General Equilibrium (CGE) models, which are widely used in the literature to quantify potential impacts of economic public policies, are calibrated on data from Social Accounting Matrices (SAM). SAM belongs to national accounting systems and represents interactions between activities and institutions within an economy. According to Decaluwé & al. (2001) “on one side, a SAM shows a coherent representation of transactions which have taken place within an economy - country, region or a set of countries or regions – while on other side, it provides policy makers with an accounting basis for an analytical framework that can facilitate their choices.” Building a SAM for recent years may, however, be difficult and time-consuming, since it requires accessing, gathering, and compiling data from different sources.2 Furthermore, even if these data are available at the time of building the SAM, they may be obsolete and hence, useless. To overcome this issue, the literature suggests updating existing SAM using the latest information and data about the economy under study (Robinson et al., 2001). Several methods have been employed through the literature, thus paving the way to discussions about their strengths and weaknesses.
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spelling CGSpace1426692025-11-06T07:15:47Z A comparative analysis of updating and balancing methods for social accounting matrices Traoré, Fousseini Camara, Alhassane Fonton, Kike Yra models data mathematical models accounting economic policies computable general equilibrium models Computable General Equilibrium (CGE) models, which are widely used in the literature to quantify potential impacts of economic public policies, are calibrated on data from Social Accounting Matrices (SAM). SAM belongs to national accounting systems and represents interactions between activities and institutions within an economy. According to Decaluwé & al. (2001) “on one side, a SAM shows a coherent representation of transactions which have taken place within an economy - country, region or a set of countries or regions – while on other side, it provides policy makers with an accounting basis for an analytical framework that can facilitate their choices.” Building a SAM for recent years may, however, be difficult and time-consuming, since it requires accessing, gathering, and compiling data from different sources.2 Furthermore, even if these data are available at the time of building the SAM, they may be obsolete and hence, useless. To overcome this issue, the literature suggests updating existing SAM using the latest information and data about the economy under study (Robinson et al., 2001). Several methods have been employed through the literature, thus paving the way to discussions about their strengths and weaknesses. 2020-12-01 2024-05-22T12:10:51Z 2024-05-22T12:10:51Z Report https://hdl.handle.net/10568/142669 en Open Access application/pdf International Food Policy Research Institute Traore, Fousseini; Camara, Alhassane; and Fonton, Kike Yra. 2020. A comparative analysis of updating and balancing methods for social accounting matrices. AGRODEP Technical Note TN-17. Washington, DC: International Food Policy Research Institute (IFPRI). https://doi.org/10.2499/p15738coll2.136394.
spellingShingle models
data
mathematical models
accounting
economic policies
computable general equilibrium models
Traoré, Fousseini
Camara, Alhassane
Fonton, Kike Yra
A comparative analysis of updating and balancing methods for social accounting matrices
title A comparative analysis of updating and balancing methods for social accounting matrices
title_full A comparative analysis of updating and balancing methods for social accounting matrices
title_fullStr A comparative analysis of updating and balancing methods for social accounting matrices
title_full_unstemmed A comparative analysis of updating and balancing methods for social accounting matrices
title_short A comparative analysis of updating and balancing methods for social accounting matrices
title_sort comparative analysis of updating and balancing methods for social accounting matrices
topic models
data
mathematical models
accounting
economic policies
computable general equilibrium models
url https://hdl.handle.net/10568/142669
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