Estimating a social accounting matrix using entropy difference methods

There is a continuing need to use recent and consistent multisectoral economic data to support policy analysis and the development of economywide models. Updating and estimating input-output tables and Social Accounting Matrices (SAMs) for a recent year is a difficult and a challenging problem. Typi...

Descripción completa

Detalles Bibliográficos
Autores principales: Robinson, Sherman, El-Said, Moataz
Formato: Artículo preliminar
Lenguaje:Inglés
Publicado: International Food Policy Research Institute 1997
Materias:
Acceso en línea:https://hdl.handle.net/10568/161154
_version_ 1855542713859964928
author Robinson, Sherman
El-Said, Moataz
author_browse El-Said, Moataz
Robinson, Sherman
author_facet Robinson, Sherman
El-Said, Moataz
author_sort Robinson, Sherman
collection Repository of Agricultural Research Outputs (CGSpace)
description There is a continuing need to use recent and consistent multisectoral economic data to support policy analysis and the development of economywide models. Updating and estimating input-output tables and Social Accounting Matrices (SAMs) for a recent year is a difficult and a challenging problem. Typically, input-output data are collected at long intervals (usually five years or more), while national income and product data are available annually, but with a lag. Supporting data also come from a variety of sources; e.g., censuses of manufacturing, labor surveys, agricultural data, government accounts, international trade accounts, and household surveys. The traditional RAS approach requires that we start with a consistent SAM for a particular period and “update” it for a later period given new information on row and column sums. This paper extends the RAS method by proposing a flexible entropy difference approach to estimating a consistent SAM starting from inconsistent data estimated with error, a common experience in many countries. The method is flexible and powerful when dealing with scattered and inconsistent data. It allows incorporating errors in variables, inequality constraints, and prior knowledge about any part of the SAM (not just row and column sums). Since the input-output accounts are contained within the SAM framework, updating an input-output table can be viewed as a special case of the general SAM estimation problem. The paper presents the structure of a SAM and a mathematical description of the estimation problem. It then describes the classical RAS procedure and the entropy difference approach. An example of the entropy difference approach applied to the case of Mozambique is presented. In addition, an appendix includes a listing of the computer code in the GAMS language used in the procedure.
format Artículo preliminar
id CGSpace161154
institution CGIAR Consortium
language Inglés
publishDate 1997
publishDateRange 1997
publishDateSort 1997
publisher International Food Policy Research Institute
publisherStr International Food Policy Research Institute
record_format dspace
spelling CGSpace1611542025-11-06T07:25:31Z Estimating a social accounting matrix using entropy difference methods Robinson, Sherman El-Said, Moataz social impact assessment data economic analysis estimation theory There is a continuing need to use recent and consistent multisectoral economic data to support policy analysis and the development of economywide models. Updating and estimating input-output tables and Social Accounting Matrices (SAMs) for a recent year is a difficult and a challenging problem. Typically, input-output data are collected at long intervals (usually five years or more), while national income and product data are available annually, but with a lag. Supporting data also come from a variety of sources; e.g., censuses of manufacturing, labor surveys, agricultural data, government accounts, international trade accounts, and household surveys. The traditional RAS approach requires that we start with a consistent SAM for a particular period and “update” it for a later period given new information on row and column sums. This paper extends the RAS method by proposing a flexible entropy difference approach to estimating a consistent SAM starting from inconsistent data estimated with error, a common experience in many countries. The method is flexible and powerful when dealing with scattered and inconsistent data. It allows incorporating errors in variables, inequality constraints, and prior knowledge about any part of the SAM (not just row and column sums). Since the input-output accounts are contained within the SAM framework, updating an input-output table can be viewed as a special case of the general SAM estimation problem. The paper presents the structure of a SAM and a mathematical description of the estimation problem. It then describes the classical RAS procedure and the entropy difference approach. An example of the entropy difference approach applied to the case of Mozambique is presented. In addition, an appendix includes a listing of the computer code in the GAMS language used in the procedure. 1997 2024-11-21T09:53:49Z 2024-11-21T09:53:49Z Working Paper https://hdl.handle.net/10568/161154 en Open Access application/pdf International Food Policy Research Institute Robinson, Sherman; El-Said, Moataz. 1997. Estimating a social accounting matrix using entropy difference methods. TMD Discussion Paper 21. https://hdl.handle.net/10568/161154
spellingShingle social impact assessment
data
economic analysis
estimation theory
Robinson, Sherman
El-Said, Moataz
Estimating a social accounting matrix using entropy difference methods
title Estimating a social accounting matrix using entropy difference methods
title_full Estimating a social accounting matrix using entropy difference methods
title_fullStr Estimating a social accounting matrix using entropy difference methods
title_full_unstemmed Estimating a social accounting matrix using entropy difference methods
title_short Estimating a social accounting matrix using entropy difference methods
title_sort estimating a social accounting matrix using entropy difference methods
topic social impact assessment
data
economic analysis
estimation theory
url https://hdl.handle.net/10568/161154
work_keys_str_mv AT robinsonsherman estimatingasocialaccountingmatrixusingentropydifferencemethods
AT elsaidmoataz estimatingasocialaccountingmatrixusingentropydifferencemethods