Applied General Equilibrium Modelling ANNARES, STAGE and R23 Models

© Scott McDonald

Estimating a Social Accounting Matrix: Online Course


Scott McDonald

(Based on work with Sherman Robinson)


This course is self-directed and unsupported self-learning course



There are six (6) modules in the course:

  1. Theory of Social Accounting
  2. Aggregate SAMs
  3. Micro SAMs
  4. RAS to reconcile SAMs
  5. SAM Estimation with Info-metrics: Theory and Application
  6. SAM Estimation with Info-metrics: Extensions


This is an advanced course designed to meet the requirements of participants who want to understand the processes involved in estimating a SAM. This course uses advanced GAMS skills: participants must have well developed GAMS skills with appreciable GAMS experience.


The first module provides an introduction to the theory of social accounting; the primary objectives are to establish a common understanding and language. The second module involves deriving prior aggregate SAMs from national accounts data, while the third  module involves disaggregating the aggregate SAMs to derive prior SAMs. Both emphasise that the available data will be incomplete, inconsistent and unreliable and the need for a theoretically consistent estimation method. Module introduces the mathematical methods for estimation using the RAS. Modules five and six introduce theories of estimation with limited information and the related maximum and cross entropy metrics. The application components use the SAMEST programme to estimate a SAM and involve progressively adding information and fine tuning the options offered in the SAMEST programme.


The course is open source and unsupported, i.e., no tutorial supported is available.


The materials are delivered from www.cgemod.org.uk


Participants should plan a SAM estimation project of their own that will be undertaken in parallel with the course: experience indicates that embedding the skills explored in this course is important.


Further information

Contact: Scott McDonald (scott@cgemod.org.uk)


Links


Full Course Details


Module M1


Module M2


Module M3


Module M4


Module M5


Module M6