National Accounts of Portugal in 2018. Integrated economic accounts, matrix representations and extensions.

Santos, Susana (2022): National Accounts of Portugal in 2018. Integrated economic accounts, matrix representations and extensions.

Abstract

Starting with the current and accumulation flow accounts, the balance sheets complete the compilation of a sequence of financial and non-financial national accounts in its various forms. Within the scope of the central framework of the current version (2008) of the SNA - System of National Accounts, the integrated economic (T-)accounts/tables are thus compiled, as well as possible matrix representations. A high level of aggregation is adopted, and further possibilities of disaggregation are shown or mentioned. Finally, out of the scope of the central framework, possible extensions are approach. The concluding remarks, in addition to some methodological aspects, underline the importance of the availability of from-whom-to-whom data to complete matrix representations, namely national/social accounting matrices, of recognised potential for the study of income and wealth distribution, among other topics.

• Item Type: MPRA Paper
• Language: English
• Keywords: National Accounts; Social Accounting Matrix
• Subjects: E - Macroeconomics and Monetary Economics > E0 - General > E01 - Measurement and Data on National Income and Product Accounts and Wealth ; Environmental Accounts; E - Macroeconomics and Monetary Economics > E1 - General Aggregative Models > E16 - Social Accounting Matrix

References

European Union - EU (2013), Regulation (EU) No. 549/2013 of the European Parliament and of the European Council of 21 May 2013, on the European System of National and Regional Accounts in the European Union – Official Journal of the European Union, L174, Volume 56, 26 June, 732p. [https://eur-lex.europa.eu/eli/reg/2010/912/oj; https://eur-lex.europa.eu/LexUriServ/LexUriServ.do?uri=OJ:L:2013:174:FULL:EN:PDF ]

Inter-Secretariat Working Group on National Accounts (United Nations, European Commission, International Monetary Fund, Organisation for Economic Cooperation and Development and World Bank) – ISWGNA (2009), System of National Accounts 2008, Series F, No. 2, Rev. 5, United Nations, New York (USA), 716p. [http://unstats.un.org/unsd/nationalaccount/sna2008.asp ]

Santos, S. (2021) Matrix representations of the national accounts’ transaction values. MPRA (Munich Personal RePEc Archive) Paper No. 109488, August 2021, 35p. [https://mpra.ub.uni-muenchen.de/109488/ ] – later version: An empirical and theoretical approach to a country's economic activity based on a Social Accounting Matrix. An application to Portugal. Bulletin of Applied Economics, 2022, 9(1), pp.27-37. [https://doi.org/10.47260/bae/913 ]

Santos, S. (2017) An approach to the structural features of the socio-economic activity of a country based on a Social Accounting Matrix. Evidences and multiplier effects on distribution of income. MPRA (Munich Personal RePEc Archive) Paper No. 79742, June 2017, 75p. [https://mpra.ub.uni-muenchen.de/79742/] – later version: A matrix approach to the socioeconomic activity of a country. Theoretical Economics Letters, 2018, 8, pp.1083-1135. [http://dx.doi.org/10.4236/tel.[phone] ]