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sectors, that is, it represents the demand of   between the national economy and the
 Xi= x + x + C + I + G + E    (1)  the sectors in relation to the others; and (ii)   rest of the world”. We draw attention to
 1   2
 = x  + x + L + N + M    (2)  forward linkages, which explain the sales   the TRU Tables, already mentioned in Sec-
 2
 1
 Equaling (1) and (2):  of these sectors, that is, demonstrate the   tion 2.1, for enabling the estimation of the
 x  + x  + C + I+ G+ E = x  + x  + L + N + M  supply of these sectors to the other sectors   Gross Domestic Product (GDP).
 1  2  1  2        of the economy. Indices above 1 denote that   Also, within the scope of National Ac-
 C + I + G + E = L + N + M   (3)
                   the sectors are above the average of the na-  counts, we highlight the so-called Satellite
 Rearranging (3), one of the macroeconomic identities is obtained:  tional economy, which, in practice, would be   Accounts (SA). A Satellite Account is a sta-
 L + N = C + I + G + (E - M)  (4)  the main sectors for economic growth. Thus,   tistical framework that focuses on a partic-

 Where:            Olinto (2014) considers that the matrix is  a   ular industrial context, for example embed-
                   formula, but the analysis of the information   ded in national accounts. In addition, they
 C + I + G + (E - M)  = Gross Domestic Product (GDP)
                   contained therein provides data so that we   make it possible to combine economic and
 L + N  = Gross National Income (GNI)  have a radiography of the economy in its var-  environmental data (OECD, 2019).
 The general IO model is represented by Equation (5), allowing the calculation  ious sectors and developments.  The IBGE classifies SA as follows: “Sat-
 of the production (X) necessary to meet the final demand  (f ) .  ellite accounts are an extension of the
 X = (I - A)  -1  f  (5)  2.2 System of National Accounts   System of National Accounts. They allow
                   (SNA) and Satellite Accounts (SA)
 Where:                                                     the elaboration of analyses on the profile

 X =  total production of sector j;  Social Accounting deals with the mea-  and evolution of a sector in a way com-
                   surement of a country’s economic and     parable to the total economy, measured
 I =  identity matrix;
                   social activity, encompassing accounting   by the National Accounts”. In this scope,
 A =  matrix of direct technical coefficients (input of activity i consumed by activity j);  systems and statistical instruments – Na-  IBGE publishes the Health Satellite Ac-
 (I - A)   = Inverse Leontief Matrix;  tional  Accounts,  Satellite  Accounts  and   count, for example, showing the profile
 -1
 f  = final demand.  some socioeconomic indicators. National   of health activities in Brazil, contributing
                   Accounts provide the basic references for   to its valuation.
                   classifying activities and institutional sec-  2.3 Econometric Model
 The Leontief Matrix, therefore, makes it   different sectors – direct, indirect and in-  tors, definitions of the economic frontier
 possible to calculate the variations in the   duced of production, income, employment,   and concepts for defining and classifying   Econometric  models  are  widely  used
 production of the sectors that are neces-  taxes, among others, as well as the inter-in-  statistical units and their transactions (FEI-  to assess causal relationships, also known
 sary to meet variations in the final demand,   dustry links, being, in this case, the linkages   JÓ; RAMOS; YOUNG, 2013).  as causal inference. Kedong and Xuamei
 that is, for example, what is the level of   or key sectors of the economic sectors.  Within the scope of National Accounts,   (2018) point out the existence of the scien-
 production necessary to satisfy the need for   The indices of inter-industry links, ac-  there is the System of National Accounts   tific analysis named Marine Econometrics:
 one or more components of final demand.   cording to Guilhoto and Picerno (1995),   (SNA), which is guided by Integrated Eco-  … “is a methodological estimation system
 It should be noted that the IO model does   indicate which sectors within the econo-  nomic Accounts (IEAs) and Tables of Re-  that uses economic theory, statistics and
 not only serve to measure economic and   my would have greater power of linkage,   sources and Uses (TRUs). According to the   mathematical methods to reveal causal
 social indicators, but also serves to estimate   considering the perspective of Rasmussen   Brazilian Institute of Geography and Statis-  relationships between various factors in-
 and quantify impacts - by calculating the   (1956) and Hirschman (1958). The indices   tics (IBGE), “The SNA presents information   volved in oceanic economic phenomena
 multipliers we have a tool that can provide   that allow indicating the power of linkage –   on the generation, distribution and use of   (KEDONG; XUAMEI, 2018, p. 20).
 information for projects and/or policies that   the inter-industry links of the economy – are   income in the country. There are also data   Cameron and Trivedi (2005), deepening
 depend on data related to impacts of dif-  of two types: (i) backward linkages, which   on the accumulation of non-financial assets,   the econometric analysis, dedicate them-
 ferent events, considering the links  with   inform how much a sector buys from other   financial wealth and on the relationships   selves to the study of micro econometrics,


 60   ECONOMIA AZUL                                                   Economy and the Sea: Methods and Indicators 61
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