Assessment of port economic impacts on regional economy with a case study on the Port of Lisbon

This article presents a method of assessing the economic impacts of ports at both regional level and national level, through application of input-output analysis. To this end, a methodology for data collection is proposed, which combines a top-down with a bottom-up approach which should help in surp...

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Bibliographic Details
Published in:Maritime policy and management 2018-07, Vol.45 (5), p.684-698
Main Authors: Santos, Adriano M. P., Salvador, Regina, Dias, João C. Quaresma, Soares, Carlos Guedes
Format: Article
Language:English
Subjects:
Case studies
Data analysis
Data collection
Economic analysis
Economic impact
Impact analysis
Industry
Input output analysis
Investment
Investments
Methodology
Planners
Policy making
Regional development
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Summary:This article presents a method of assessing the economic impacts of ports at both regional level and national level, through application of input-output analysis. To this end, a methodology for data collection is proposed, which combines a top-down with a bottom-up approach which should help in surpassing some of the difficulties commonly faced in port economic impact studies. The presented methodology allows port planners and policymakers to assess the economic significance and geographic reach of port investments. This study considers the economic impacts of the port cluster and the socio-economic significance of port user industries. The several layers of the analysis are kept separate to allow a better grasp of direct and indirect impacts. The proposed methodology is demonstrated in a study of the Port of Lisbon, which confirms the significance of this port to the Portuguese economy, and also demonstrates that the influence of the Port of Lisbon is mostly limited to an area in close proximity to the port. Therefore, results suggest that investments for the development of logistic infrastructures associated with the port should concentrate in the immediate hinterland of the port.
ISSN:0308-8839
1464-5254
DOI:10.1080/03088839.2018.1471536