Authors

R. P. Byron

Date of this Version

January 1994

Document Type

Discussion Paper

Publication Details

R. P. Byron (1994) Diagnostic Testing and Sensitivity Analysis in SAM Construction

School of Business Discussion Paper ; No. 51, Jan. 1994

© Copyright R. P. Byron and the School of Business, Bond University

Abstract

Extract:

One of the major issues when constructing a Social Accounting Matrix is that of checking the initial cell estimates provided by the statistician. Statisticians typically protest strongly on this issue, maintaining that all relevant information has been incorporated in the cell estimates and that no further improvement is possible. If the cell estimates are also expected to satisfy various identities then, one obvious check (and adjustment) is to use the identities in testing and balancing modes.