Source: United Nations, Measurement of National Income and the Construction of Social Accounts, 1947.

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Presentation transcript:

Source: United Nations, Measurement of National Income and the Construction of Social Accounts, 1947

Circular Flow of Income: Point of Departure Incorporating savings and investment Incorporating depreciation

Incorporating foreign trade and capital flows

Incorporating government

Source: United Nations, A System of National Accounts The four accounts expressed in balance sheet form (T-account)

Source: United Nations, A System of National Accounts The four accounts expressed in matrix form

Source: United Nations, A System of National Accounts and Supporting Documents. 1953

Ecuador input- output table, 1975

Simplified diagrammatic representation of principal SAM interrelationships. T 1.3 refers to matrix entry at intersection of row 1 and column 3 (‘ factors’ and ‘production activities’ respectively) in the following table.

A simplified Social Accounting Matrix

OECD, Measuring Productivity: measurement of aggregate and industry-level productivity growth. 2001