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dc.contributor.authorKim, Kijongen_US
dc.description.abstractThis study proposes a simple modification to a Social Accounting Matrix (SAM) in order to analyze the multiplier effects of a new sector. A different input composition, or technology, of the sector makes a conventional analysis of final-demand injections on existing sectors invalid. We show that the modificationso-called hypothetical integrationis an efficient way to incorporate the difference into the SAM, rather than costly full-scale rebalancing. We apply this method to the case of the Expanded Public Works Programme in South Africa, and show that the proposed approach effectively represents the labor intensity requirement of the program and a new-factor income distribution.en_US
dc.publisherLevy Economics Institute of Bard College Annandale-on-Hudson, NYen_US
dc.relation.ispartofseriesWorking papers // The Levy Economics Institute 552en_US
dc.subject.keywordHypothetical integrationen_US
dc.subject.keywordmultiplier analysisen_US
dc.subject.keywordsocial accounting matrixen_US
dc.subject.keywordsocial sector interventionen_US
dc.subject.keywordExpanded Public Works Programme, South Africaen_US
dc.titleHypothetical integration in a social accounting matrix and fixed-price multiplier analysisen_US
dc.typeWorking Paperen_US
Appears in Collections:Working Papers, Levy Economics Institute of Bard College

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