A social accounting matrix for Scotland
Emonts-Holley, Tobias and Ross, Andrew and Swales, John (2014) A social accounting matrix for Scotland. Fraser of Allander Economic Commentary, 38 (1). pp. 84-93. ISSN 2046-5378
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Abstract
Irrespective of the outcome of the September 2014 Scottish independence referendum, Scotland will require more and better economic data to manage its increased economic responsibilities. The 2012 Scotland Act and proposals by each major UK political party will further increase Scotland‟s fiscal powers. These powers require that future Scottish governments have more detailed knowledge of the flows of income and expenditure through the Scottish economy. This will allow it to better understand how the economy operates and – more critically – to model how the economy will response to proposed changes in, for example, government expenditures and taxes. One extremely effective way to present and analyse such data is via a Social Accounting Matrix (SAM). Here we present a Scottish SAM for 2009 constructed in the Fraser of Allander Institute. We take the reader through the SAM‟s key elements and show how it can be used to better describe, analyse and model the Scottish economy.
ORCID iDs
Emonts-Holley, Tobias ORCID: https://orcid.org/0000-0002-5471-4362, Ross, Andrew ORCID: https://orcid.org/0000-0002-9228-5626 and Swales, John;-
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Item type: Article ID code: 48626 Dates: DateEvent18 June 2014PublishedSubjects: Social Sciences > Commerce
Social Sciences > Economic TheoryDepartment: Strathclyde Business School > Economics
Strathclyde Business School > Fraser of Allander InstituteDepositing user: Pure Administrator Date deposited: 18 Jun 2014 08:40 Last modified: 26 Oct 2024 00:24 Related URLs: URI: https://strathprints.strath.ac.uk/id/eprint/48626