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Impact Study on Social Accounting Matrix by Intrabusiness Analysis
Monica Laura Zlati1, Romeo-Victor Ionescu2, Valentin Marian Antohi3,4
1Department of Accounting, Audit and Finance, Stefan cel Mare University, 720229 Suceava, Romania.
International Journal of Environmental Research and Public Health
|December 10, 2021
Summary
The new SAMI model enhances regional economic analysis by improving the Social Accounting Matrix (SAM) to better represent business connections and support decision-making for social welfare and environmental protection.
Area of Science:
- Economics
- Regional Science
- Mathematical Modeling
Background:
- The Social Accounting Matrix (SAM) models intraregional economic connections and quantifies multipliers.
- Existing SAM models have limitations in fully capturing regional economic systems and welfare impacts.
- Input-Output Analysis, while useful, has limitations in representing non-linear interdependencies and welfare distribution.
Purpose of the Study:
- To develop and test a novel mathematical model, the SAMI model, for regional economic analysis.
- To address deficiencies in the traditional SAM model by integrating it with regional economic systems and Input-Output Analysis.
- To provide a tool that systematizes business links and aids regional decision-making concerning social welfare and environmental protection.
Main Methods:
- Analysis and transformation of the initial SAM model.
- Development of the new SAMI model based on six research objectives.
- Practical testing of the SAMI model at the regional level.
- Integration with Input-Output Analysis principles.
Main Results:
- The SAMI model successfully addresses identified deficiencies in the SAM model.
- The model provides a systematized matrix flow of links between local and regional businesses.
- The SAMI model is applicable to all types of companies for regional analysis.
Conclusions:
- The SAMI model offers a significant advancement in regional economic analysis.
- The model improves the representation of economic actors and their welfare beyond simple income measures.
- The SAMI model can assist regional decision-making by providing a more comprehensive view of economic interdependencies and welfare effects.
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