Multipliers in an Island Economy: The Case of the Azores

Eduardo Haddad, Vasco Silva, Alexandre Porsse and Tomaz Dentinho

Chapter 8 in The Region and Trade:New Analytical Directions, 2015, pp 205-226 from World Scientific Publishing Co. Pte. Ltd.

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.

Keywords: Interregional Trade; Input-Output System; Economics; Regional Economics; Region and Trade; Natural Resources; Labor; Capital; Computational Methods (search for similar items in EconPapers)
Date: 2015
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Citations: View citations in EconPapers (8)

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Related works:
Working Paper: MULTIPLIERS IN AN ISLAND ECONOMY: THECASE OF THE AZORES (2014)
Working Paper: Multipliers in an Island Economy: The Case of the Azores (2012)
Working Paper: Multipliers in an Island Economy: The Case of the Azores (2012)
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