Table 1
Schematic of the Social Accounting Matrix

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Schematic of the Social Accounting Matrix
  Industries Factor incomes Current account Capital account Financial account
Goods Services Wages Capital Taxes Households Firms Government Rest of world Households Firms Government Rest of world Financial instruments
Industries  
Goods II II … … … C … CS E I I I … …
Services II II … … … C … CS E I I I … …
Factor incomes  
Wages W W … … … … … ... … … … … … …
Capital OS OS … … … … … … … … … … … …
Taxes TPPLS TPPLS … … … … … … … … … … … …
Current account  
Households … … W OS … TTII TTII TTII TTII … … … … …
Firms … … … OS … TTII TTII TTII TTII … … … … …
Government … … … OS IT TTII TTII TTII TTII … … … … …
Rest of world III III … … … IM … IM R IM IM IM … …
Capital account  
Households … … … … … S … … … CT CT CT CT …
Firms … … … … … … S … … CT CT CT CT …
Government … … … … … … … S … CT CT CT CT CFL
Rest of world … … … … ... … … … S CT CT CT CT …
Financial … … … … … … … … … CFA CFA CFA CFA …
Note(s):
C =Consumption
CFA =Change in financial assets
CFL =Change in financial liabilities
CS =Current spending
CT =Capital transfers
E =Exports
I =Investment
II =Intermediate inputs
III =Imported intermediate inputs
IM =Imports
IT =Indirect taxes
OS =Operating surplus
R =Reexports
S =Savings
TPPLS =Taxes on production and products less subsidies
TTII =Taxes, transfers, investment income
W =Wages
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