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The Role of the Marine Sector in the Irish National Economy: An Input-Output Analysis

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  • Morrissey, Karyn
  • O'Donoghue, Cathal

Abstract

Recent research in Ireland has estimated both the national and regional economic value of the marine sector. However, economic activity does not exist in a vacuum. Activities in the marine sector not only directly affect the industries in the sector but also influence other sectors through inter-sectoral linkages. This paper uses an Input-Output (IO) methodology to examine the linkages and production effects of the Irish marine sector on the national economy. Disaggregating the Irish IO table for 2007 to include ten additional marine sectors, this paper represents the first effort to quantify the inter-industry linkage effects, production-inducing effects and employment multipliers in the marine sector. This analysis found that a number of marine sectors, notably the maritime transportation sector, have an important economic role within the wider Irish economy.

Suggested Citation

  • Morrissey, Karyn & O'Donoghue, Cathal, 2012. "The Role of the Marine Sector in the Irish National Economy: An Input-Output Analysis," Working Papers 148835, National University of Ireland, Galway, Socio-Economic Marine Research Unit.
  • Handle: RePEc:ags:semrui:148835
    DOI: 10.22004/ag.econ.148835
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    References listed on IDEAS

    as
    1. Morrissey, Karyn & O’Donoghue, Cathal, 2012. "The Irish marine economy and regional development," Marine Policy, Elsevier, vol. 36(2), pages 358-364.
    2. Morrissey, Karyn & O'Donoghue, Cathal & Hynes, Stephen, 2011. "Quantifying the value of multi-sectoral marine commercial activity in Ireland," Marine Policy, Elsevier, vol. 35(5), pages 721-727, September.
    3. Nigel Driffield & Max Munday & Annette Roberts, 2002. "Foreign Direct Investment, Transactions Linkages, and the Performance of the Domestic Sector," International Journal of the Economics of Business, Taylor & Francis Journals, vol. 9(3), pages 335-351.
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    6. Peter Midmore & Max Munday & Annette Roberts, 2006. "Assessing industry linkages using regional input-output tables," Regional Studies, Taylor & Francis Journals, vol. 40(3), pages 329-343.
    7. 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.
    8. Kildow, J.T. & McIlgorm, A., 2010. "The importance of estimating the contribution of the oceans to national economies," Marine Policy, Elsevier, vol. 34(3), pages 367-374, May.
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    Keywords

    Environmental Economics and Policy; Production Economics;

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