We examine the role of services in the structure of production and trade. Working with a cross-country sample of 17 social accounting matrices, we develop stylized facts relating upstream and downstream service linkages to incomes and the input-output structure of production. Expansion of...

The disaggregated nature of a social accounting matrix makes it a suitable tool for studying the income generation process and its distributional effects. Using the linear structure of a social accounting matrix, a model for distributional analysis is developed. The proposed approach emphasizes...

We empirically evaluate the aggregate welfare effects and structural adjustment for the Spanish economy that would follow from trade liberalization with the European Economic Community. Recent theory suggests that the classical gains form more liberal trade relations could be amplified...

A number of analytical contributions have given sufficient conditions under which Leontief multiplier estimates are biased. This paper uses empirical data and a Monte Carlo framework to evaluate the problem of bias and obtains the opposite conclusions. For practical purposes, it appears that...

The aim of this paper is to develop an intersectoral price model in a social accounting matrix. Traditionally, the emphasis of the social accounting methodology has been on quantity oriented models and their income effects. In contrast, the authors use the social accounting matrix to develop a...