Updating and estimating a Social Account Matrix using cross entropy methods

The problem in estimating a social accounting matrix (SAM) for a recent year is to find an efficient and cost-effective way to incorporate and reconcile information from a variety of sources, including data from prior years. Based on information theory, the paper presents a flexible “cross entropy”...

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Autores principales: Robinson, Sherman, Cattaneo, Andrea, El-Said, Moataz
Formato: Artículo preliminar
Lenguaje:Inglés
Publicado: International Food Policy Research Institute 2000
Materias:
Acceso en línea:https://hdl.handle.net/10568/156718
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author Robinson, Sherman
Cattaneo, Andrea
El-Said, Moataz
author_browse Cattaneo, Andrea
El-Said, Moataz
Robinson, Sherman
author_facet Robinson, Sherman
Cattaneo, Andrea
El-Said, Moataz
author_sort Robinson, Sherman
collection Repository of Agricultural Research Outputs (CGSpace)
description The problem in estimating a social accounting matrix (SAM) for a recent year is to find an efficient and cost-effective way to incorporate and reconcile information from a variety of sources, including data from prior years. Based on information theory, the paper presents a flexible “cross entropy” (CE) approach to estimating a consistent SAM starting from inconsistent data estimated with error, a common experience in many countries. The method represents an efficient information processing rule—using only and all information available. It allows incorporating errors in variables, inequality constraints, and prior knowledge about any part of the SAM. An example is presented applying the CE approach to data from Mozambique, using a Monte Carlo approach to compare the CE approach to the standard RAS method and to evaluate the gains in precision from utilizing additional information.
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spelling CGSpace1567182025-11-06T07:13:45Z Updating and estimating a Social Account Matrix using cross entropy methods Robinson, Sherman Cattaneo, Andrea El-Said, Moataz social impact assessment mathematical models economics models entropy The problem in estimating a social accounting matrix (SAM) for a recent year is to find an efficient and cost-effective way to incorporate and reconcile information from a variety of sources, including data from prior years. Based on information theory, the paper presents a flexible “cross entropy” (CE) approach to estimating a consistent SAM starting from inconsistent data estimated with error, a common experience in many countries. The method represents an efficient information processing rule—using only and all information available. It allows incorporating errors in variables, inequality constraints, and prior knowledge about any part of the SAM. An example is presented applying the CE approach to data from Mozambique, using a Monte Carlo approach to compare the CE approach to the standard RAS method and to evaluate the gains in precision from utilizing additional information. 2000 2024-10-24T12:45:13Z 2024-10-24T12:45:13Z Working Paper https://hdl.handle.net/10568/156718 en Open Access application/pdf International Food Policy Research Institute Robinson, Sherman; Cattaneo, Andrea; El-Said, Moataz. 2000. Updating and estimating a Social Account Matrix using cross entropy methods. TMD Discussion Paper 58. https://hdl.handle.net/10568/156718
spellingShingle social impact assessment
mathematical models
economics
models
entropy
Robinson, Sherman
Cattaneo, Andrea
El-Said, Moataz
Updating and estimating a Social Account Matrix using cross entropy methods
title Updating and estimating a Social Account Matrix using cross entropy methods
title_full Updating and estimating a Social Account Matrix using cross entropy methods
title_fullStr Updating and estimating a Social Account Matrix using cross entropy methods
title_full_unstemmed Updating and estimating a Social Account Matrix using cross entropy methods
title_short Updating and estimating a Social Account Matrix using cross entropy methods
title_sort updating and estimating a social account matrix using cross entropy methods
topic social impact assessment
mathematical models
economics
models
entropy
url https://hdl.handle.net/10568/156718
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AT cattaneoandrea updatingandestimatingasocialaccountmatrixusingcrossentropymethods
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