Dynamising Economic Impact Studies: The Case of the Port of Seville
Based on our study on the economic impact of the Port of Seville on the economy of Seville province (2000), in this paper we link its results to a System Dynamics model. This model simulates the decision-making process of vessels carrying merchandise whose final destination is the province of Seville, and which must choose to berth at either the Port of Seville or some other competing port. To this end, a forecast is obtained for Port of Seville traffic, highlighting how public investment influences this entrance decision via improvements in Port of Seville infrastructure and thereby a reduction in its relative costs.
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