Estimating the economic impact of a port by using Regional Input-Output Tables: Case study of the Port of Cartagena (Spain)

In this article we estimate the economic impact of the Port of Cartagena on the economy of the Region of Murcia by using a regional input–output table, and by separating port activity related to freight traffic from that linked to passengers (cruises). In 2011, the Port of Cartagena generated an act...

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Detalles Bibliográficos
Autores: Artal Tur, Andrés, Gómez Fuster, José María, Navarro Azorín, José Miguel, Ramos Parreño, José María
Tipo de recurso: artículo
Estado:Versión aceptada para publicación
Fecha de publicación:2016
País:España
Institución:Universidad Politécnica de Cartagena(UPCT)
Repositorio:Repositorio Digital UPCT
OAI Identifier:oai:repositorio.upct.es:10317/13239
Acceso en línea:http://hdl.handle.net/10317/13239
https://link.springer.com/article/10.1057/mel.2015.24
Access Level:acceso abierto
Palabra clave:port economic impact
regional input-output tables
direct, indirect and induced effects
Port of Cartagena (Spain)
Economía Aplicada
53 Ciencias Económicas
R15
R41
Descripción
Sumario:In this article we estimate the economic impact of the Port of Cartagena on the economy of the Region of Murcia by using a regional input–output table, and by separating port activity related to freight traffic from that linked to passengers (cruises). In 2011, the Port of Cartagena generated an activity estimated at about 3.81% of regional GVA, and 2.11% of regional employment. In relation to 2000, these figures represent an increase of 1.1% in GVA and 0.1% in employment. Compared with the large economic impact of freight-related activities, the impact of cruise tourism expenditure is relatively low, suggesting the need of new business lines to be taken into account. Investments on cruise docks and terminals, or the possibility of transforming Cartagena into a home port might be a good chance to attract more cruise passengers and increase economic impact of the cruise industry.