ASAMforCalifornia.docVIP

A SAM for California by Peter Berck, Ryan Kellog, Lingyun Nie, and Stephen Stohs October 18, 2004 This document describes the construction of a Social Accounting Matrix (SAM) for California. The SAM is a record of the transactions between institutions, such as consumers, firms, and government, for the calendar year 2003. It is based upon multiple sources, including input output tables, California tax and spending records, and California employment data. This SAM includes energy and uses The California Energy Balance Database (CALEB) for 2000, the most recent data available. There are also ancillary tables including the capital coefficients matrix, which records the uses of investment, and several miscellaneous tables which record tax system details, inter alia. While the numbers in this SAM are wholly created from recent data, the SAM inherits its structure from the SAMs used for the Dynamic Revenue Analysis Model (DRAM). This description borrows from the previous documentation, most heavily so in those areas where the new SAM inherits its structure from the previous SAM. Data Organization: Social Accounting Matrix For the purposes of statistical description, the California economy is divided into 158 distinct sectors. Each sector is an aggregate. For industrial sectors, the aggregation is over closely related industries. So an industrial sector is a list of the aggregate purchases and sales of these related industries. Similarly, a consumer sector shows the income and expenditures of a group of consumers and a government sector shows the income and expenditures of a type of government. A SAM is a square matrix consisting of a row and column for each sector of the economy. Each entry in the matrix identifies an exchange of goods and services purchased by one sector from another sector or itself. The entries along a row in the SAM show each payment received by that particular sector. Summing the data across the row gives the total of payments made to tha