A new Social Accounting Matrix for Spain with investment disaggregated by capital goods

Abstract

The aim of this paper is to provide researchers in applied economics with a new approximation to an accurate and disaggregated Social Accounting Matrix for Spain in 2000 (SAMES-00). The SAMES-00 is consistent with Input-Output tables and National Accounts. It includes unpublished information kindly provided by the Spanish National Statistics office (INE) on taxes and subsidies that is very useful to evaluate the impact of tax reforms with SAM and AGE/CGE (Applied/Computable General Equilibrium) models. Additionally, this is the first SAM that presents investment disaggregated by capital goods based on the data of the Gross Fixed Capital Formation (GFCF) Matrix elaborated by the INE.