The Informal Aspects of the Activity of Countries Studied Through Social Accounting and Socio-Demographic Matrices.

Journal of Economic and Social Thought, 3, pp.49-78.

30 Pages Posted: 5 Dec 2018

See all articles by Susana Santos

Susana Santos

Universidade de Lisboa - ISEG (Lisbon School of Economics and Management), UECE (Research Unit on Complexity and Economics), REM (Research in Economics and Mathematics) & DE (Department of Economics); Universidade de Lisboa - ISEG (Lisbon School of Economics and Management), UECE (Research Unit on Complexity and Economics), REM (Research in Economics and Mathematics) & DE (Department of Economics)

Date Written: 2016

Abstract

Approaches based on Social Accounting Matrices (SAMs) and Socio-Demographic Matrices (SDMs) will be presented as a way of capturing relevant networks of linkages and the corresponding multiplier effects, which can subsequently be used for modelling the activity of the countries to be studied. Emphasis will be placed on the activity of household unincorporated enterprises, also known as informal enterprises.

Based on methodological principles derived mainly from the works of Richard Stone, this study will be developed in a matrix format, including, on the one hand, people – represented by a SDM – and, on the other hand, activities, products, factors of production and institutions – represented by a SAM.

The exposition will be accompanied by an application to Portugal, in which different scenarios will be briefly presented, involving changes in incomes and expenditures. The macroeconomic effects of these changes will be summarised in the form of changes in the macroeconomic aggregates: Gross Domestic Product, Gross National Income and Disposable Income.

Keywords: Social Accounting Matrix; Socio-Demographic Matrices; Informal Economy

JEL Classification: E01, E16, J11

Suggested Citation

Santos, Susana and Santos, Susana, The Informal Aspects of the Activity of Countries Studied Through Social Accounting and Socio-Demographic Matrices. (2016). Journal of Economic and Social Thought, 3, pp.49-78. , Available at SSRN: https://ssrn.com/abstract=3282608

Susana Santos (Contact Author)

Universidade de Lisboa - ISEG (Lisbon School of Economics and Management), UECE (Research Unit on Complexity and Economics), REM (Research in Economics and Mathematics) & DE (Department of Economics) ( email )

Rua Miguel Lupi, 20
Lisboa, 1249-078
Portugal

HOME PAGE: https://www.iseg.ulisboa.pt/aquila/homepage/ssantos?locale=en

Universidade de Lisboa - ISEG (Lisbon School of Economics and Management), UECE (Research Unit on Complexity and Economics), REM (Research in Economics and Mathematics) & DE (Department of Economics) ( email )

Rua Miguel Lupi, 20
Lisboa, 1240-078
Portugal
+351 21 392 59 53 (Phone)

HOME PAGE: http:////www.iseg.ulisboa.pt/aquila/homepage/f645

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