Social accounting and regional economic planning: an integrated model for policy analysis and optimisation

Sharify, Nooraddin; Batey, Peter

doi:10.1007/s00168-005-0049-z

Cited by 5 publications

(4 citation statements)

References 20 publications

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“…Despite being a quite new line of research, some multisectoral models have already been developed in order to assess the impact of European Structural Funds at a regional level. Sharify and Batey (), for instance, use linear programming models under a SAM database to evaluate the impact of expenditure policies. At the Spanish level, Lima and Cardenete () identify satisfactory results regarding the structural funds management for the 1990s in the region of Andalusia.…”

Section: The European Convergence Fundsmentioning

confidence: 99%

Validating Policy‐Induced Economic Change Using Sequential General Equilibrium SAMs

Cardenete

Lima

Sancho

2016

Journal of Forecasting

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This paper explores the capacity of computable general equilibrium (CGE) models to track down policy induced economic changes and their ability to generate contrastable data for an economy. Starting from an empirically built regional Social Accounting Matrix (SAM), a first stage CGE calibrated model is constructed. The model is then perturbed with a set of policy shocks related to European Union Structural Funds 2000-2005 invested into the region of Andalusia in the south of Spain. The counterfactual equilibrium is translated into a virtual SAM, conformal with the initial one, which is in turn reused to calibrate the next stage in the CGE modeling. And so on until the last stage is reached and all European funds yearly invested have been absorbed by the economy. Since at the end of the process another empirical SAM is available, it can be compared with the terminally produced virtual SAM. The comparison shows the sequence of SAMs to provide a very good fit to the actual data in the empirical SAM. Regional GDP and unemployment rates are two examples of the close approximation. With this novel approach we evaluate, from the methodological viewpoint, the projection capabilities of CGE modeling and at the same time we provide an empirical assessment of the said European policies.Keywords: Social accounting matrices, applied general equilibrium, impact analysis, European regional policy.

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Section: The European Convergence Fundsmentioning

confidence: 99%

Validating Policy‐Induced Economic Change Using Sequential General Equilibrium SAMs

Cardenete

Lima

Sancho

2016

Journal of Forecasting

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“…As regards linear and non-linear applied general equilibrium methodologies, Sharify and Batey (2006) combine a SAM with a Linear Programming model for the impact analysis in the allocation of resources applied to the Golestan province of Iran. At the Spanish regional level, Cámara (2006) applies the multiplier theory to a SAM type model for the Comunidad de Madrid to assess the impact of European grants for 2000 to 2006.…”

Section: Some Literaturementioning

confidence: 99%

The Impact of European Structural Funds in the South of Spain

Lima

Flóres

2008

European Planning Studies

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Over the last decades, the European Union has contributed to the development of poor regions of the Associate Members. This is the case of Andalusia, an Objective 1 region for the European regional policy in the south of Spain. In this paper we carry out an impact analysis of the European Regional Development Fund (ERDF), one of the most important Structural Funds, to the object of assessing its effect on aggregate and sectoral production, price indexes and consumers' welfare. To this extend we compute an Applied General Equilibrium Model (AGEM) and we present a counterfactual analysis with simulations for three representative years: 1990, 1995 and 1999. We conclude that regional funding has deeply contributed to Andalusian regional development and the effectiveness of the funds seems to be larger for the last years of the study.

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“…The social accounting matrix (SAM) method has been widely applied to national accounting and economic development since it emerged in the early 1960s. Although the SAM, by building the relationships among production activities, factors of production and institutions, significantly extended the mufti-sectarian frame of the input-output table, it still ignores important information, in which there is an interaction between economy and education [1].This educational module integrated and extended the traditional SAM in order to achieve two objectives. Firstly, the matrix can provide an integrated, consistent data set to describe the relationships between economic activities and educational activities.…”

Section: Introductionmentioning

confidence: 99%

The Development and Application of an Educational Social Accounting Matrix

Yang¹,

Zhang²,

Han³

2016

Proceedings of the 2016 International Conference on Social Science, Humanities and Modern Education (SSHME 2016)

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Although social accounting matrix (SAM) method has been widely applied to the national economic accounting and economic development, it still ignores important information such as interactions between economy and education. In order to explain the relationship between economic activities and educational activities, this paper extends the SAM educationally based on Inner Mongolia 2007 data. The multiplier and structural path analyses are applied to the SAM for evaluating educational impacts of education-related economic and fiscal policies. The results show that the educationally extended SAM can be a useful tool in education policy analysis.

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Social accounting and regional economic planning: an integrated model for policy analysis and optimisation

Abstract: R11, R15, R58,

Cited by 5 publications

References 20 publications

Validating Policy‐Induced Economic Change Using Sequential General Equilibrium SAMs

Validating Policy‐Induced Economic Change Using Sequential General Equilibrium SAMs

The Impact of European Structural Funds in the South of Spain

The Development and Application of an Educational Social Accounting Matrix

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