Distribution of aggregate income in Portugal from 1995 to 2000 within a SAM (Social Accounting Matrix) framework. Modeling the household sector



Table 7: Additional intergroup influences of unitary changes in the exogenous current
receipts of households

1995

1996

1997

1998

1999

2000

Aggregate income of households

0.104

0.096

0.083

0.081

0.076

0.078

Aggregate investment /investment
funds of households_________________

0.025

0.021

0.017

0.016

0.014

0.017

Compensation of labour

0.098

0.097

0.093

0.091

0.091

0.091

Compensation of capital

0.082

0.080

0.076

0.075

0.073

0.068

Production value/total costs

0.210

0.201

0.182

0.174

0.165

0.169

Aggregate demand/supply

0.414

0.410

0.393

0.385

0.380

0.374

Source: Additional intergroup effects matrices ((M2-I)*M1) from 1995 to 2000.

The general decrease in the global influence (and its components) from 1995 to 2000,
sometimes with a slight increase in 2000, is in keeping with what was seen in Tables 2 (see
also the three left hand graphs of Figure 1A, in the Appendix), namely the decrease in the
relative share of aggregate household income in total aggregate income.

b) Effects of changes in household capital income

The items that can be changed in household capital income (the items in row 5 of the X
matrix, presented in Table 4, or cells (5,7), (5,8), (5,13) and (5,14), of the SAMs) are:

1. investment grants from government and the rest of the world;

2. (other) capital transfers from financial corporations and the rest of the world;

3. net lending.

As was seen before, average expenditure propensities show that households spent a unit of
their (now) capital receipts as follows (column 5 of A
n and Al matrices):

1995

1996

1997

1998

1999

2000

Gross Capital Formation..........................

1.13

1.14

1.08

1.13

1.12

1.14

Capital taxes and (other) capital transfers to
government.........................................

Acquisitions minus disposals of non-produced
non-financial assets and (other) capital

0.01

0.01

0.06

0.01

0.01

0.01

-0.14

-0.16

-0.13

-0.14

-0.13

-0.15

transfers to the rest of the world................

- 15 -



More intriguing information

1. The name is absent
2. Evaluating Consumer Usage of Nutritional Labeling: The Influence of Socio-Economic Characteristics
3. The name is absent
4. Informal Labour and Credit Markets: A Survey.
5. Activation of s28-dependent transcription in Escherichia coli by the cyclic AMP receptor protein requires an unusual promoter organization
6. PACKAGING: A KEY ELEMENT IN ADDED VALUE
7. The Triangular Relationship between the Commission, NRAs and National Courts Revisited
8. Structural Influences on Participation Rates: A Canada-U.S. Comparison
9. La mobilité de la main-d'œuvre en Europe : le rôle des caractéristiques individuelles et de l'hétérogénéité entre pays
10. Inflation Targeting and Nonlinear Policy Rules: The Case of Asymmetric Preferences (new title: The Fed's monetary policy rule and U.S. inflation: The case of asymmetric preferences)