Using Social Accounting Matrices in Modeling the Structure of Economic System

Analyzing the research into the use of social accounting matrices in modeling the economic system’s structure made it possible to single out three stages of matrices development. Each stage encompasses the typical composition of matrix accounts and the level of analytical potential of the tools. Cla...

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Bibliographic Details
Main Author: Zakharchenko N. G.
Format: Article
Language:Russian
Published: Economic Research Institute of the Far East Branch of the Russian Academy of Sciences 2012-03-01
Series:Prostranstvennaâ Èkonomika
Subjects:
Online Access:http://spatial-economics.com/eng/images/spatial-econimics/1_2012/SE.2012.1.069-089.Zakharchenko.pdf
Description
Summary:Analyzing the research into the use of social accounting matrices in modeling the economic system’s structure made it possible to single out three stages of matrices development. Each stage encompasses the typical composition of matrix accounts and the level of analytical potential of the tools. Classification is performed of the applied works on social accounting matrices, based on the authors’ approach to modeling. The first approach is based on fixed-price multipliers, the second – on computable general economic equilibrium models and flexible- price multipliers. A review of the results of testing the fixed-price multipliers model is given. The analytical potential of the model in studying structural features of relationships between economic systems, both at the national and regional levels, is shown
ISSN:1815-9834
2587-5957