The contribution of social accounting matrices to economic enquiry in South Africa: A review∗

Article commissioned by the editors of this journal.

Abstract

In 1986 the first social accounting matrix (SAM) for South Africa was published. Subsequent publications are reviewed in which this SAM was used in the exploration of economic structure and policies, particularly as these relate to income and expenditure patterns and distribution. The rapidly expanding international literature on the subject of SAMs is considered. Potential further applications and the requirements for drawing up a revised and updated SAM for South Africa are investigated.

Notes

Article commissioned by the editors of this journal.

Respectively Senior Research Associate, Institute for Futures Research, University of Stellenbosch, and Researcher, Development Bank Southern Africa.