Regional Accounting and Regional Development

  • Romeo-Victor Ionescu
Keywords: Regional flows; regional welfare; goods and services flows; financial flows; regional progress.


The paper deals to the critical analysis of the social account model’s implementation on regional level. The analysis is realised on two steps. The first consists of literature review regarding Czamanski’s model. The second is focused on the analysis of the updated regional accounting model. The analysis covers the theoretical and practical approaches and points out the model’s strengths and weaknesses. Finally, the model can be used as a good investigation instrument in order to quantify the regional economic progress and welfare.


Angel J.P., García D. & Norman M. (2017). Revisión de metodologías para la construcción de Matrices de Contabilidad Social Regionales (MCSR). Ensayos de Economía, Bogota Vol. 27, Issue 51, pp. 125-149. DOI:10.15446/ede.v27n51.69117

Cai W. & Cowan T. (2006). SAM and regional rainfall in IPCC AR4 models: Can anthropogenic forcing account for southwest Western Australian winter rainfall reduction?, Geophysical Research Letters, Volume 33, Issue 24, pp. 1-5,

Cazcarro I., Duarte Pac R. & Sánchez‐Chóliz J. (2010). Water Consumption Based on a Disaggregated Social Accounting Matrix of Huesca (Spain), Journal of Industrial Ecology, Volume 14, Issue 3, pp. 496-511,

Czamanski D. & Broitman D. (2017). Information and communication technology and the spatial evolution of mature cities, Socio-Economic Planning Sciences, Volume 58, June, pp. 30-38,

Czamanski S. (1973). Regional and Interregional Social Accounting, L. Lexington Books, Lexington M.A.

Czamanski S. (1997). Intergenerational Transfers in a Framework of Fused Regional Accounts, Chatterji M., Regional Science: Perspectives for the Future, MacMillan Press Ltd., London, pp. 108 – 126.

Gribincea C. (2017). Improving energy efficiency management in the enterprises from the food industry of Republic of Moldova, Chisinau, Ph.D. Thesis.

Landsburg Steven E. & Feinstone Lauren J. (1997). Macroeconomics, McGraw-Hill Inc., New York, 1997, pp. 9 - 10.

Mitra-Kahn Benjamin H. (2008). Debunking the Myths of Computable General Equilibrium Models, SCEPA Working Paper, January.

Nordhause W. & Tobin J. (1972). Is growth obsolete?, Economic Growth, Columbia University Press.

Robinson S., Cattaneo A., El-Said M. (2001). Updating and Estimating a Social Accounting Matrix Using Cross Entropy Methods, Economic Systems Research, no. 13 (1), pp. 47-64.

Round J.I. (1986). Social Accounting for Regional Economic Systems, Pion, London.

Skuras D. & Psaltopoulos D. (2016). Estimating Spatial Employment Impacts of the CAP through Social Accounting Analysis, The 160th EAAE Seminar ‘Rural Jobs and the CAP‘, Warsaw, Poland.

Sonis M., Hewings G. (1988). Superposition and Decomposition Principals in Hierarchical Social Accounting and Input-Output Analysis, Pion, London.