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Economic impact of port activity : a disaggregate analysis. The case of Antwerp

Author

Listed:
  • F. Coppens

    (NBB, Microeconomic Information Department)

  • F. Lagneaux

    (NBB, Microeconomic Information Department)

  • G. van Gastel

    (NBB, Microeconomic Information Department)

  • H. Meersman

    (University of Antwerp (UA), Department of Transport and Regional Economics)

  • N. Sellekaerts

    (University of Antwerp (UA), Department of Transport and Regional Economics)

  • E. Van de Voorde

    (University of Antwerp (UA), Department of Transport and Regional Economics)

  • Th. Vanelslander

    (University of Antwerp (UA), Department of Transport and Regional Economics)

  • A. Verhetsel

    (University of Antwerp (UA), Department of Transport and Regional Economics)

Abstract

The economic impact of the port sector is usually measured at an aggregate level by indicators such as value added, employment and investment. This paper tries to define the economic relevance for the regional as well as for the national economy at a disaggregate level. It attempts to identify, quantify and locate the mutual relationships between the various port players themselves and between them and other Belgian industries. Due to a lack of information foreign trade is only tackled very briefly but the method outlined in this paper can be used to measure the national effects of changes in port activity at a detailed level. A sector analysis is made by compiling a regional (regional as geographically opposed to national, not to be mistaken for the Belgian Regions Brussels, Flanders and Wallonia) input-output table, resorting to microeconomic data: a bottom-up approach. The main customers and suppliers of the port's key players or stakeholders are identified. A geographical analysis can also be carried out by using data at a disaggregate level. Each customer or supplier can be located by means of their postcode. In so doing, the economic impact of the port is quantified, both functionally and geographically. In the case of the port of Antwerp, the results show important links between freight forwarders and agents. The geographical analysis suggests the existence of major agglomerating effects in and around the port of Antwerp, referred to as a major transhipment location point. Key words: port economics, regional input-output table, sector analysis, geographical analysis.

Suggested Citation

  • F. Coppens & F. Lagneaux & G. van Gastel & H. Meersman & N. Sellekaerts & E. Van de Voorde & Th. Vanelslander & A. Verhetsel, 2007. "Economic impact of port activity : a disaggregate analysis. The case of Antwerp," Working Paper Document 110, National Bank of Belgium.
    • Handle: RePEc:nbb:docwpp:200702-110
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    References listed on IDEAS

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    Cited by:

    1. Bottasso, Anna & Conti, Maurizio & Ferrari, Claudio & Tei, Alessio, 2014. "Ports and regional development: A spatial analysis on a panel of European regions," Transportation Research Part A: Policy and Practice, Elsevier, vol. 65(C), pages 44-55.
    2. François Coppens & Claude Mathys & Jean-Pierre Merckx & Pascal Ringoot & Marc Van Kerckhoven, 2018. "The economic importance of the Belgian ports : Flemish maritime ports, Liège port complex and the port of Brussels – Report 2016," Working Paper Research 342, National Bank of Belgium.
    3. Balliauw, Matteo & Kort, Peter M. & Zhang, Anming, 2019. "Capacity investment decisions of two competing ports under uncertainty: A strategic real options approach," Transportation Research Part B: Methodological, Elsevier, vol. 122(C), pages 249-264.
    4. MEERSMAN, Hilde & VAN DE VOORDE, Eddy, 2014. "Port capacity extension. A trade-off between public investment and shipping companies' time losses," Working Papers 2014009, University of Antwerp, Faculty of Business and Economics.
    5. Romeo Danielis & Tullio Gregori, 2013. "An input-output-based methodology to estimate the economic role of a port: The case of the port system of the Friuli Venezia Giulia Region, Italy," Maritime Economics & Logistics, Palgrave Macmillan;International Association of Maritime Economists (IAME), vol. 15(2), pages 222-255, June.
    6. Romeo Danielis & Tullio Gregori, 2013. "An input-output-based methodology to estimate the economic role of a port: The case of the port system of the Friuli Venezia Giulia Region, Italy," Maritime Economics & Logistics, Palgrave Macmillan;International Association of Maritime Economists (IAME), vol. 15(2), pages 222-255, June.
    7. Balliauw, Matteo, 2021. "Time to build: A real options analysis of port capacity expansion investments under uncertainty," Research in Transportation Economics, Elsevier, vol. 90(C).
    8. Zhang, Yi & Lam, Jasmine Siu Lee, 2016. "Estimating economic losses of industry clusters due to port disruptions," Transportation Research Part A: Policy and Practice, Elsevier, vol. 91(C), pages 17-33.
    9. Adam Kaizer & Tomasz Neumann, 2021. "The Model of Support for the Decision-Making Process, While Organizing Dredging Works in the Ports," Energies, MDPI, vol. 14(9), pages 1-15, May.
    10. Valentin Carlan & Dries Naudts & Pieter Audenaert & Bart Lannoo & Thierry Vanelslander, 2019. "Toward implementing a fully automated truck guidance system at a seaport: identifying the roles, costs and benefits of logistics stakeholders," Journal of Shipping and Trade, Springer, vol. 4(1), pages 1-24, December.
    11. Wang, Yixuan & Wang, Nuo, 2019. "The role of the port industry in China's national economy: An input–output analysis," Transport Policy, Elsevier, vol. 78(C), pages 1-7.
    12. Paflioti, Persa & Vitsounis, Thomas K. & Teye, Collins & Bell, Michael G.H. & Tsamourgelis, Ioannis, 2017. "Box dynamics: A sectoral approach to analyse containerized port throughput interdependencies," Transportation Research Part A: Policy and Practice, Elsevier, vol. 106(C), pages 396-413.
    13. Musso, Antonio & Piccioni, Cristiana & Van de Voorde, Eddy, 2013. "Italian seaports' competition policies: Facts and figures," Transport Policy, Elsevier, vol. 25(C), pages 198-209.
    14. Jasmine Siu Lee Lam & Wei Yim Yap, 2019. "A Stakeholder Perspective of Port City Sustainable Development," Sustainability, MDPI, vol. 11(2), pages 1-15, January.
    15. Hilde Meersman & Eddy Van de Voorde & Thierry Vanelslander, 2011. "Competition and Regulation in Seaports," Chapters, in: André de Palma & Robin Lindsey & Emile Quinet & Roger Vickerman (ed.), A Handbook of Transport Economics, chapter 36, Edward Elgar Publishing.
    16. Joost Hintjens & Edwin van Hassel & Thierry Vanelslander & Eddy Van de Voorde, 2020. "Port Cooperation and Bundling: A Way to Reduce the External Costs of Hinterland Transport," Sustainability, MDPI, vol. 12(23), pages 1-16, November.

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    More about this item

    Keywords

    port economics; regional input-output table; sector analysis; geographical analysis;
    All these keywords.

    JEL classification:

    • C67 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Input-Output Models
    • L90 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - General
    • R12 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Size and Spatial Distributions of Regional Economic Activity; Interregional Trade (economic geography)
    • R15 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Econometric and Input-Output Models; Other Methods
    • R41 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Transportation Economics - - - Transportation: Demand, Supply, and Congestion; Travel Time; Safety and Accidents; Transportation Noise

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