The Baltic Region

2015 Issue №3(25)

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Matrix Representation of the Kaliningrad Regional Accounts System: Experimental Development and Modelling Prospects

DOI
10.5922/2079-8555-2015-3-8
Pages
96-105

Abstract

This article addresses the task of creating a regional Social Accounting Matrix (SAM) in the Kaliningrad region. Analyzing the behavior of economic systems of national and sub-national levels in the changing environment is one of the main objectives of macroeconomic research. Matrices are used in examining the flow of financial resources, which makes it possible to conduct a comprehensive analysis of commodity and cash flows at the regional level. The study identifies key data sources for matrix development and presents its main results: the data sources for the accounts development and filling the social accounting matrix are identified, regional accounts consolidated, the structure of regional matrix devised, and the multiplier of the regional social accounting matrix calculated. An important aspect of this approach is the set target, which determines the composition of matrix accounts representing different aspects of regional performance. The calculated multiplier suggests the possibility of modelling of a socioeconomic system for the region using a social accounting matrix. The regional modelling approach ensures the matrix compliance with the methodological requirements of the national system

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