Iranian Journal of Economic Research

ESTIMATION OF THE POTENTIAL SECTIONAL EMPLOYMENT BASED ON THE CLASSIFICATION OF THE CONSUMPTION - INCOME OF HOUSEHOLD IN THE FRAMEWORK OF SEMI - SAM

Authors

Ali Asghar Banouei 1
Mina Mahmoudi 2

1 Faculty member of the Faculty of Economics, Allameh Tabatabai University

2 Master student of Development and Planning, Faculty of Economics, Allameh Tabatabai University

Abstract
The Keynesian macro - economic model of a single producer and a single consumer, Kaldor, Passineti, and Kalechi's Model of a single producer and many consumers, and Leontief's model of many producers and a single consumer have certain limitations. These models are inadequate in simultaneously analyzing direct and indirect effects of consumption, primary income and structure of production on potential sectional employment. In this study, the Semi - Social Accounting Matrix (Semi - SAM) has been introduced in order to overcome some of these limitations. The main focus of this article is on the methodology and treatment of endogen sing consumption and income of household with respect to mixed income, geographical classification, the interrelationship with consumption, primary income, and structure of production. The results show that as compared to the Leontief Model, the Semi - SAM approach is more flexible in revealing the potential sectoral employment of the economy.

  • Receive Date 14 May 2016
  • First Publish Date 14 May 2016

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