Page 303 - Contributed Paper Session (CPS) - Volume 6
P. 303

CPS1936 Eliza Mónica A. M.
            of official data. Consequently, we consider this project relevant as long as with
            an  updated  SAM,  some  aspects  not  very  well  covered  in  the  traditional
            accounts are taking into account, and in this manner we can contribute for the
            improvement of  different aspects of  socioeconomic activity in the country.
            Additionally, this instrument can support for future research in related areas.
                                   Table 1. SAM in big categories
                                    Payments for:
                                   Activities   Products   Production   Institutions   Total
                                                           Factors
             Revenue   Activities              Production
             received                          of goods
             by:                               and services
                                               (sales)
                       Products    Intermediate                       Final
                                   goods                              Consumption
                       Production   Value added
                       factors     generated in
                                   the productive
                                   process
                       Institutions                        Distribution
                                                           of income
                                                           factos to the
                                                           institutions
                       Total
               The  author  based  on  the  Pyatt,  G.  and  Round,  J.  (1985).  A  detailed
            description of the cell will be found in the annex of this paper, which will be
            found in the complete version of this proposal. In the above table, one can see
            that  SAM  distinguishes  between  activities  which  are  entities  that  do
            production and products which represents the market product. The payments
            done by the activities are done for the goods and services accounts. These
            consist  of  products  produced  either  domestically  or  imported.  Under  the
            category of institutions, we can find the non-financial corporations, financial
            corporations,  households,  non-profit  institutions  serving  households  and
            public administration, which for the purposes of this paper we are not going
            to separate the central government from the local government.  Additionally,
            in the table we could understand that SAM contains a lot of production factors
            that earn incomes from its use in the production process and, pay revenues to
            the enterprises, households, government and the rest of the world.
















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