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Multipliers in an Island Economy: The Case of the Azores

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  • Eduardo A. Haddad
  • Vasco Silva, Alexandre A. Porsse, Tomaz Dentinho

Abstract

In this paper we present the interisland input-output system for the Azores. It includes the economy of the nine islands of the archipelago, considering 25 different economic activities. The paper also analyses the impacts of the main drivers of the islands economy incorporating both spillover and feedback effects in the evaluation of the multipliers: i) dairy and beef exports; ii) external public support; and iii) tourism, both from the rest of the country and from abroad. It is shown that: i) the economic structure of the islands is quite different from each other; ii) the specific economic base of the islands are also different and, as expected, the biggest islands not only capture an important part of the impact of external pushes done in smaller islands but also they constitute important drivers of smaller islands.

Suggested Citation

  • Eduardo A. Haddad & Vasco Silva, Alexandre A. Porsse, Tomaz Dentinho, 2012. "Multipliers in an Island Economy: The Case of the Azores," Working Papers, Department of Economics 2012_24, University of São Paulo (FEA-USP).
    • Handle: RePEc:spa:wpaper:2012wpecon24
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    References listed on IDEAS

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    6. David Boyce, 2002. "Combined Model of Interregional Commodity Flows on a Transportation Network," Advances in Spatial Science, in: Geoffrey J. D. Hewings & Michael Sonis & David Boyce (ed.), Trade, Networks and Hierarchies, chapter 3, pages 29-40, Springer.
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    2. Amaral Haddad, Eduardo & Fernandes de Araújo, Inácio & Ibarraran, María Eugenia & Boyd, Roy & Elizondo, Alejandra & Liedo-Orozco, Pedro & Menchero-Garcia, Mariana & Belausteguigoitia, Juan Carlos, 2019. "Interregional Input-Output System for Mexico, 2013," TD NEREUS 7-2019, Núcleo de Economia Regional e Urbana da Universidade de São Paulo (NEREUS).
    3. Eduardo Amaral Haddad & Natalia Cotarelli & Thiago Cavalcante Simonato & Vinicius Almeida Vale & Jaqueline Coelho Visentin, 2020. "The Grand Tour: Keynes and Goodwin go to Greece," Journal of Economic Structures, Springer;Pan-Pacific Association of Input-Output Studies (PAPAIOS), vol. 9(1), pages 1-21, December.
    4. Gabela, Julio Gustavo Fournier, 2020. "On the accuracy of gravity-RAS approaches used for inter-regional trade estimation: evidence using the 2005 inter-regional input–output table of Japan," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 32(4), pages 521-539.

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    More about this item

    Keywords

    Input-Output; Islands; Regional Development; Azores;
    All these keywords.

    JEL classification:

    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
    • R15 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Econometric and Input-Output Models; Other Methods

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