IDEAS home Printed from https://ideas.repec.org/a/eee/trapol/v35y2014icp333-340.html
   My bibliography  Save this article

Economic impact of port sectors on South African economy: An input–output analysis

Author

Listed:
  • Chang, Young-Tae
  • Shin, Sung-Ho
  • Lee, Paul Tae-Woo

Abstract

The port sectors in a country play an important role in its economy. This paper presents an input–output analysis on how the port sectors impact a concerned economy using the South African case. Moreover, this paper reports how a rectangular Supply and Use Table system of national accounts can be converted to a traditional square symmetric matrix type system. A range of models, such as demand-driven, supply-driven and price models, were derived for the estimation. From these models, the production effect together with the forward and backward linkage effects, price change effects and employment effects were estimated to determine the impact of port sectors. The overall forward linkage effect of the port sector was 0.97 and the backward one was 0.48, indicating that the port sector does not appear to use other sectors much in producing its activities whereas the port sector is used relatively more by other industries owing to its relatively high forward linkage effect. The overall impact effect of the port sector per unit shortage on all other products was found to be 1.1705. Therefore, one unit shortage in the port sector would have incurred a 17% loss to the entire economy in 2002. Leontief׳s price model was used for the scenario that what would occur if the price of port sector׳s cost was increased by various ranges from 5%, 10% and 30% to 50% and 100%.

Suggested Citation

  • Chang, Young-Tae & Shin, Sung-Ho & Lee, Paul Tae-Woo, 2014. "Economic impact of port sectors on South African economy: An input–output analysis," Transport Policy, Elsevier, vol. 35(C), pages 333-340.
  • Handle: RePEc:eee:trapol:v:35:y:2014:i:c:p:333-340
    DOI: 10.1016/j.tranpol.2014.04.006
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0967070X14000936
    Download Restriction: Full text for ScienceDirect subscribers only

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. 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.
    2. Lee, Min-Kyu & Yoo, Seung-Hoon, 2014. "The role of the capture fisheries and aquaculture sectors in the Korean national economy: An input–output analysis," Marine Policy, Elsevier, vol. 44(C), pages 448-456.
    3. Lee, Tsung-Chen & Chang, Young-Tae & Lee, Paul T.W., 2013. "Economy-wide impact analysis of a carbon tax on international container shipping," Transportation Research Part A: Policy and Practice, Elsevier, vol. 58(C), pages 87-102.
    4. Kwak, Seung-Jun & Yoo, Seung-Hoon & Chang, Jeong-In, 2005. "The role of the maritime industry in the Korean national economy: an input-output analysis," Marine Policy, Elsevier, vol. 29(4), pages 371-383, July.
    5. Enrico Musso & Marco Benacchio & Claudio Ferrari, 2000. "Ports and Employment in Port Cities," Maritime Economics & Logistics, Palgrave Macmillan;International Association of Maritime Economists (IAME), vol. 2(4), pages 283-311, December.
    6. Su, Bin & Ang, B.W., 2014. "Input–output analysis of CO2 emissions embodied in trade: A multi-region model for China," Applied Energy, Elsevier, vol. 114(C), pages 377-384.
    7. W R Hughes, 1997. "A comparison of economic impacts with the use of economic base and input - output methodologies," Environment and Planning A, Pion Ltd, London, vol. 29(4), pages 673-684, April.
    8. Jan A. Van Der Linden, 2001. "The economic impact study of maritime policy issues: application to the German case," Maritime Policy & Management, Taylor & Francis Journals, vol. 28(1), pages 33-54, January.
    9. Jasmine Siu Lee Lam & Wei Yim Yap, 2011. "Container port competition and complementarity in supply chain systems: Evidence from the Pearl River Delta," Maritime Economics & Logistics, Palgrave Macmillan;International Association of Maritime Economists (IAME), vol. 13(2), pages 102-120, June.
    10. Neuwahl, Frederik & Löschel, Andreas & Mongelli, Ignazio & Delgado, Luis, 2008. "Employment impacts of EU biofuels policy: Combining bottom-up technology information and sectoral market simulations in an input-output framework," Ecological Economics, Elsevier, vol. 68(1-2), pages 447-460, December.
    11. Han, Sang-Yong & Yoo, Seung-Hoon & Kwak, Seung-Jun, 2004. "The role of the four electric power sectors in the Korean national economy: an input-output analysis," Energy Policy, Elsevier, vol. 32(13), pages 1531-1543, September.
    12. Su, Bin & Ang, B.W. & Low, Melissa, 2013. "Input–output analysis of CO2 emissions embodied in trade and the driving forces: Processing and normal exports," Ecological Economics, Elsevier, vol. 88(C), pages 119-125.
    13. Tsung-Chen Lee & Paul T-W. Lee & Tao Chen, 2012. "Economic Impact Analysis Of Port Development On The South African Economy," South African Journal of Economics, Economic Society of South Africa, vol. 80(2), pages 228-245, June.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. repec:eee:transa:v:118:y:2018:i:c:p:480-493 is not listed on IDEAS
    2. repec:eee:trapol:v:66:y:2018:i:c:p:9-16 is not listed on IDEAS
    3. repec:taf:transr:v:38:y:2018:i:5:p:654-677 is not listed on IDEAS
    4. Baghersad, Milad & Zobel, Christopher W., 2015. "Economic impact of production bottlenecks caused by disasters impacting interdependent industry sectors," International Journal of Production Economics, Elsevier, vol. 168(C), pages 71-80.
    5. repec:gam:jsusta:v:10:y:2018:i:12:p:4657-:d:188619 is not listed on IDEAS
    6. repec:eee:trapol:v:78:y:2019:i:c:p:1-7 is not listed on IDEAS
    7. repec:lrk:eeaart:36_3_5 is not listed on IDEAS
    8. Seo, Young-Joon & Park, Jin Suk, 2016. "The estimation of minimum efficient scale of the port industry," Transport Policy, Elsevier, vol. 49(C), pages 168-175.
    9. ORALHAN Burcu & ALTAY TOPCU Betül & SÜMERLİ SARIGÜL Sevgi, 2016. "Determination Of Key Sectors In Turkish Economy By Using Input-Output Analysis," Revista Economica, Lucian Blaga University of Sibiu, Faculty of Economic Sciences, vol. 68(1), pages 178-192, June.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:trapol:v:35:y:2014:i:c:p:333-340. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Dana Niculescu). General contact details of provider: http://www.elsevier.com/wps/find/journaldescription.cws_home/30473/description#description .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.