A SOCIAL ACCOUNTING MATRIX FOR THE TURKISH ECONOMY

Abstract

The Social Accounting Matrix (SAM) exhibits streams of all economic transactions occur inside an economy. Instead of using T-Accounts, SAM displays national accounts in a matrix format with their structural characteristics by combining "input-output approach" and "income-expenditure equalization". In this study, built on the aggregated input-output table for the Turkish Economy for the year of 1998, a SAM will be constructed by using public sector general equilibrium, balance of payments and national accounts. The RAS method will be used to balance the SAM