Page 301 - Contributed Paper Session (CPS) - Volume 6

CPS1936 Eliza Mónica A. M.
order to obtain other goods and services and constitutes flow of funds for the
market.
Figure 1. Income circular flow

Institutions
Final demand payments by
service factors

Products Production factors

intermediate Total production

demand production
factors demand

Industries

source: Pyatt (1991)

Main objective
To construct a reduced social accounting matrix

Specific objectives
 To develop a social accounting matrix for the year 2016
 To provide a formal demonstration of similarities and differences
between data systems
 To underline the informal activities in official statistics

2. Revision of literature
Recent studies suggest that the traditional national accounts, are
insufficient to better describe the economic performance and wellbeing of
population. There is a growing dissatisfaction with the national accounting
practice that deals meanly with aspects related to economic growth. For the
case of Mozambique, and other less developed countries, the exclusive
concentration on the economic growth it is due in part by the lack of good
basic statistics, and on the other side, the lack of better instruments for cross
checking and consequently quality control. In the paste decades, the economic
world is suffering from changes due to globalization, changes in the

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