Social accounting matrix: An economic analysis of Mexico

Abstract

This article illustrates the construction and usefulness of a Social Accounting Matrix (SAM) for Mexico, 2013, presenting the methodology used for its elaboration, as well as its characteristics and qualities as an accounting tool for the evaluation of economic policy linked to the study of economic growth and development. The SAM includes 21 economic sectors, four types of import goods industries, and four institutional sectors subdivided into low-, middle-, and high-income households; financial and non-financial corporations (public and private), government, and the rest of the world. Via inter-institutional analysis, SAMs allow for the detailed observation of the productive structure and the institutional sectors of the Mexican economy.