Figure 1A: Accounting multipliers and additional extragroup and intergroup components
from 1995 to 2000
Total Accounting Multipliers
(current account of households)
Total Accounting Multipliers
(capital account of households)
3,000
2,500
2,000
1,500
1,000
0,500
0,000
3,500 -∣
3,000 -
2,500 -
2,000 -
1,500 -
1,000 -
0,500 -
0,000 --
1995 1996 1997 1998 1999 2000
Accounting Multipliers Componentes
(current account of households)
- Aditional extragroup effects
2,500 -∣
2,000 -
1,500 -
1,000 -
0,500
0,000
1995 1996 1997 1998 1999 2000
Accounting Multipliers Componentes
(capital account of households)
- Aditional extragroup effects
3,000 -
2,500 -
2,000 -
1,500 -
1,000 -
0,500 -
0,000
1995 1996 1997 1998 1999 2000
Accounting Multipliers Componentes
(current account of households)
- Aditional intergroup effects
Accounting Multipliers Componentes
(capital account of households)
- Aditional intergroup effects
0,600 -∣
0,400 -
0,200 -
0,000 --
1995 1996 1997 1998 1999 2000
Source: Portuguese accounting multiplier
matrices (Ma) from 1995 to 2000 and
their components (additional intergroup
effects ((M2-I)*M1) and additional
—□— Agreg.Inc.Hous. A Agreg.Inv.Hous.
X Comp.Labour O Comp.Capital
—∙—Prod.V./Tot.Cos —■—Agreg.D/S
extragroup effects ((M3-I)*M2*M1)).
- 33 -
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