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Multipliers in an Island Economy: The Case of the Azores

In: THE REGION AND TRADE New Analytical Directions

Author

Listed:
  • Eduardo Haddad
  • Vasco Silva
  • Alexandre Porsse
  • Tomaz Dentinho

Abstract

In this chapter, we present the inter-island input–output system for the Azores. It includes the economy of the nine islands of the archipelago, considering 25 different economic activities. The chapter also analyzes 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 Haddad & Vasco Silva & Alexandre Porsse & Tomaz Dentinho, 2015. "Multipliers in an Island Economy: The Case of the Azores," World Scientific Book Chapters, in: Amitrajeet A Batabyal & Peter Nijkamp (ed.), THE REGION AND TRADE New Analytical Directions, chapter 8, pages 205-226, World Scientific Publishing Co. Pte. Ltd..
    • Handle: RePEc:wsi:wschap:9789814520164_0008
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    Cited by:

    1. Eduardo Amaral Haddad & Natália Cotarelli & Thiago Simonato & Vinicius Vale & Jaqueline Coelho Visentin, 2018. "Estimation of NUTS2 Interregional Input-Output Systems for Greece, 2010 and 2013," TD NEREUS 3-2018, Núcleo de Economia Regional e Urbana da Universidade de São Paulo (NEREUS).
    2. Eduardo Amaral Haddad & Inácio Fernandes de Araújo & María Eugenia Ibarraran & Roy Boyd & Alejandra Elizondo & Pedro Liedo-Orozco & Mariana Menchero-Garcia & Juan Carlos Belausteguigoitia, 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.
    5. Inácio F. Araújo & Alexandre L. Gomes & Diana Ricciulli & Eduardo A. Haddad, 2023. "Economic Base and Regional Specialization in Colombia: A Note on Input–Output Linkages," Advances in Spatial Science, in: Eduardo A. Haddad & Jaime Bonet & Geoffrey J. D. Hewings (ed.), The Colombian Economy and Its Regional Structural Challenges, chapter 0, pages 205-237, Springer.

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    Keywords

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    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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