The accounting multipliers described here give
insight into the anatomy of this structure in terms of transfer effects and the full
circular and cross-effects between different parts of the economy, corresponding
to the circular flow of income which characterises the multiplier process. Our
analysis shows that this decomposition of structure can be derived directly
from accounting balances. An integral part of it is to show how the structure of
production and income distribution are interrelated, and how they derive from
the structure of exogenous demand and the distribution of assets.