A disaggregated and macro-consistent Social Accounting Matrix for Pakistan

This paper provides future researchers of economic structure with a model for building a social accounting matrix (SAM), that is, a unique countrywide database for use in structural analysis, and applies this model to the empirical investigation of the economic structure of Pakistan. Our proposed ap...

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Autores principales: Debowicz, Darío, Dorosh, Paul A., Haider, Hamza S., Robinson, Sherman
Formato: Journal Article
Lenguaje:Inglés
Publicado: Springer 2013
Materias:
Acceso en línea:https://hdl.handle.net/10568/152802
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author Debowicz, Darío
Dorosh, Paul A.
Haider, Hamza S.
Robinson, Sherman
author_browse Debowicz, Darío
Dorosh, Paul A.
Haider, Hamza S.
Robinson, Sherman
author_facet Debowicz, Darío
Dorosh, Paul A.
Haider, Hamza S.
Robinson, Sherman
author_sort Debowicz, Darío
collection Repository of Agricultural Research Outputs (CGSpace)
description This paper provides future researchers of economic structure with a model for building a social accounting matrix (SAM), that is, a unique countrywide database for use in structural analysis, and applies this model to the empirical investigation of the economic structure of Pakistan. Our proposed approach to building SAMs is motivated by an information theoretic approach to estimation that takes a Bayesian view of the efficient use of information: "Use all the information you have, but do not assume any information you do not have." The methodology used to develop this SAM, unlike previous approaches, ensures that it is perfectly consistent with the national accounts. The SAM provides a high degree of detail on the economic structure of the country, with 51 sectors of activity, 27 factors of production, and 18 household groups, allowing the tracing of direct and indirect effects of potential scenarios through production and consumption linkages and the capture of distributional effects. Output multipliers in Pakistan, accounting for supply constraints, range from 1.1 to 1.4, and shocks to livestock and industry have the largest spillover effects. These shocks lead to income changes that differ significantly across domestic socioeconomic groups, a direct result of the heterogeneity in the generation of income of these groups that our countrywide database captures. JEL Classification:E160, E170.
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spelling CGSpace1528022025-09-25T13:01:42Z A disaggregated and macro-consistent Social Accounting Matrix for Pakistan Debowicz, Darío Dorosh, Paul A. Haider, Hamza S. Robinson, Sherman analysis economic structure households national accounting consumption models livestock industry production This paper provides future researchers of economic structure with a model for building a social accounting matrix (SAM), that is, a unique countrywide database for use in structural analysis, and applies this model to the empirical investigation of the economic structure of Pakistan. Our proposed approach to building SAMs is motivated by an information theoretic approach to estimation that takes a Bayesian view of the efficient use of information: "Use all the information you have, but do not assume any information you do not have." The methodology used to develop this SAM, unlike previous approaches, ensures that it is perfectly consistent with the national accounts. The SAM provides a high degree of detail on the economic structure of the country, with 51 sectors of activity, 27 factors of production, and 18 household groups, allowing the tracing of direct and indirect effects of potential scenarios through production and consumption linkages and the capture of distributional effects. Output multipliers in Pakistan, accounting for supply constraints, range from 1.1 to 1.4, and shocks to livestock and industry have the largest spillover effects. These shocks lead to income changes that differ significantly across domestic socioeconomic groups, a direct result of the heterogeneity in the generation of income of these groups that our countrywide database captures. JEL Classification:E160, E170. 2013-12 2024-10-01T13:55:13Z 2024-10-01T13:55:13Z Journal Article https://hdl.handle.net/10568/152802 en Open Access Springer Debowicz, Darío; Dorosh, Paul A.; Haider, Hamza S.; and Robinson, Sherman. 2013. A disaggregated and macro-consistent Social Accounting Matrix for Pakistan. Journal of Economic Structures 2(March 2013): 4. https://doi.org/10.1186/2193-2409-2-4
spellingShingle analysis
economic structure
households
national accounting
consumption
models
livestock
industry
production
Debowicz, Darío
Dorosh, Paul A.
Haider, Hamza S.
Robinson, Sherman
A disaggregated and macro-consistent Social Accounting Matrix for Pakistan
title A disaggregated and macro-consistent Social Accounting Matrix for Pakistan
title_full A disaggregated and macro-consistent Social Accounting Matrix for Pakistan
title_fullStr A disaggregated and macro-consistent Social Accounting Matrix for Pakistan
title_full_unstemmed A disaggregated and macro-consistent Social Accounting Matrix for Pakistan
title_short A disaggregated and macro-consistent Social Accounting Matrix for Pakistan
title_sort disaggregated and macro consistent social accounting matrix for pakistan
topic analysis
economic structure
households
national accounting
consumption
models
livestock
industry
production
url https://hdl.handle.net/10568/152802
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