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



Figure 3. Network of elementary paths and adjacent circuits linking endogenous accounts

Note: This outline represents only the paths whose poles of origin and destination are the
endogenous accounts of our model.

Source: An (average expenditure propensity) matrices, calculated from the Portuguese SAMs
for 1995 and 2000 (values in brackets)

Table 11: Structural path analysis of the global influences on aggregate demand of unitary
changes in the exogenous current receipts of households

1995

1996

1997

1998

1999

2000

Accounting Multiplier

2.543

2.500

2.400

2.367

2.322

2.330

^7t

I(1 12)1____________

0.337

0.283

0.220

0.222

0.181

0.237

IT

1(1 12)2___________

2.206

2.216

2.180

2.145

2.141

2.093

ID

I(1 12)1____________

0.115

0.097

0.078

0.081

0.067

0.087

ID

1(1 12)2____________

0.749

0.762

0.774

0.778

0.790

0.770

Mp

2.944

2.909

2.817

2.756

2.711

2.718

Source: Portuguese accounting multiplier matrices (Ma) from 1995 to 2000.

- 18 -



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