Applied General Equilibrium Modelling ANNARES, STAGE and R23 Models

© Scott McDonald

Estimating a Social Accounting Matrix

Target Audiences

The target audiences for this course are

  1. CGE model users and developers, e.g., graduate students, researchers, academics, policy analysts, consultants, etc.,
  2. National accountants.

Course Aims

To develop the SAM estimation skills of participants (using GAMS) so they

Course Objectives

On completion of the course the participants will be able to:


The course uses data presented in various formats to derive prior estimates of SAMs that are then used to generate complete and consistent SAMs. The course uses mathematical estimation methods (RAS, Modified RAS and Maximum and Cross Entropy) to derive ‘complete and consistent’ SAMs. The data used to estimate the prior SAMs are derived from pre existing SAMs that have been perturbed; this allows comparisons between the estimated and actual SAMs to evaluate the performance of the mathematical estimation methods.

This course does NOT use a GUI (Graphical User Interface) to access GAMS. It assumes the use of GAMS Studio.


SAM Estimation course


Course Fees


Full Course Details