Workshop Programme

The workshop programme is revised and developed each year to take into account new issues and the interests of participants. This year we hope to pay more attention to the basic economic interpretation of entries in an Input-Output table and Social Accounting Matrix. The following, based on past workshops is for illustrative purposes.

Day 1: Input-Output tables

08h30-09h00

Registration

 

09h00-9h30

Introduction

Why economy-wide policy modelling, the usefulness of Input-Output (IO) & Social Accounting Matrix (SAM) modelling

09h30-10h30

Lecture:

The structure, construction and interpretation of IO Tables

10h30-11h00

Tea/Coffee

 

11h00-12h00

Exercises:

Interpreting the IO table to describe the economy

12h00-12h30

Exercises:

Interpreting the IO table to describe the economy

12h30-13h30

Lunch

 

13h30-15h00

Exercises:

Using the IO framework for consistency analysis

15h00-15h30

Tea/Coffee

 

15h30-17h00

Exercises:

Introduction to matrix multiplication using Excel.

Day 2: Basic Input-Output multipliers

09h00-10h00

Lecture:

Economic modelling using IO tables: multiplier analysis

10h00-10h30

Exercises:

Estimating the output and income impact of export growth

10h30-11h00

Tea/Coffee

 

11h00-12h30

Exercises:

Estimating the output and income impact of export growth

12h30-13h30

Lunch

 

13h30-14h45

Lecture:

Broadening the scope of IO multiplier analysis

14h45-15h00

Exercises:

Measuring the employment impact of export growth

15h00-15h30

Tea/Coffee

 

15h30-17h00

Exercises:

Measuring the environmental impact of export growth

 

Day 3: Price models and supply constrained multipliers

09h00-09h30

Lecture:

Using IO tables to evaluate the economy-wide impact of price changes

09h30-10h30

Exercises:

Estimating the impact of tax changes/energy price increases on producer and consumer prices

10h30-11h00

Tea/Coffee

 

11h00-12h00

Lecture:

Using IO tables to examine the impact of supply constraints

12h00-12h30

Exercises:

Evaluating the economy-wide impact of supply constraints in an industry

12h30-13h30

Lunch

 

13h30-15h00

Lecture

What are Supply-Use (SU) tables and how do they differ from IO tables

15h00-15h30

Tea/Coffee

SU table construction and interpretation of entries in the SU table

15h30-16h00

Lecture

SU tables and multipliers with supply-use tables

16h00-17h00

Exercises:

Calculating multipliers effects of an increase in exports of a commodity on output and employment of a sector

Day 4: SAM basics and multipliers

09h00-09h30

Lecture:

What are Social Accounting Matrices and how do they relate to IO and SU Tables

09h30-10h30

Exercises:

SAM construction and economic interpretation of SAM entries

10h30-11h00

Tea/Coffee

 

11h00-12h30

Lecture:

Economic modelling using SAMs: bringing households and government into the analysis

12h30-13h30

Lunch

 

13h30-14h00

Exercises:

Comparing and contrasting input-output and SAM multipliers

14h00-15h00

Exercises:

Simulating the impact of export growth on the South African economy

15h00-15h30

Tea/Coffee

 

15h30-17h00

Project:

Allocation of project to groups & project discussion

Day 5: Project presentations and panel discussion on

08h00-09h30

Project:

Project & preparation of presentation

09h30-10h00

Tea/Coffee

 

10h00-12h00

Project:

Project & preparation of presentation

12h00-12h30

Lunch

 

12h30-14h30

Project:

Group presentation

14h30-15h00

Group discussion

Wrap-up session:

  1. The evolution of input-output, SAM and SU data bases and their applications in South Africa
  2. Practical advice on how to conduct economy-wide policy impact analysis with input-output and SAM models
  3. The way forward, beyond multiplier analysis