This book provides a state-of-the-art account of developments and applications of the social accounting methods that Richard Stone developed and applied during his long and distinguished career, focussing on applications of social accounts in economics and demography, and addressing issues of new formulations and specifications at both national and regional levels. One theme is economic structure, and particularly issues of structural change, focussing on: changes in final demand composition; fundamental economic structure and hierarchical decomposition, all of these within the context of social accounts matrices. Another theme covers Economic-Demographic Relationships, with special focus on extended input-output models, including consistency problems, linking of macro- and micro-economic approaches and Linear Expenditure Systems. The importance of Social Accounts Matrices in generating Computable General Equilibrium models, and the enormous potential that both SAM and CGE models have for policy analysis, particularly in the interregional context, is also stressed.
1. Social accounting: essays in honour of Sir Richard Stone Geoffrey J. D. Hewings and Moss Madden; 2. A SAM for Europe: social accounts at the regional level revisited Jeffrey I. Round; 3. Interregional SAMs and capital accounts Maureen Kilkenny and Adam Rose; 4. Social accounting matrices and income distribution analysis in Kenya Arne Bigsten; 5. Structure of the Bangladesh interregional social accounting system: a comparison of alternative decompositions Geoffrey J. D Hewings, Michael Sonis, Jong-Kun Lee and Sarwar Jahan; 6. Decompositions of regional input-output tables John H. Ll. Dewhust and Rodney C. Jensen; 7. Consistency in regional demo-economic models: the case of the northern Netherlands Dirk Stelder and Jan Oosterhaven; 8. A CGE solution to the household rigidity problem in extended input-output models Andrew B. Trigg and Moss Madden; 9. Operationalising a rural-urban general equilibrium model using a bi-regional SAM Maureen Kilkenny; 10. Combating demographic innumeracy with social accounting principles: heterogeneity, selection, and the dynamics of interdependent populations Andrei Rogers; 11. A microsimulation approach to demographic and social accounting Martin Clarke; Bibliography; Index.