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.
292 | I S I W S C 2 0 1 9