The Potential for an Irish Maritime Transportation Cluster: An Input-Output Analysis

Karyn Morrissey and Cathal O'Donoghue

No 148836, Working Papers from National University of Ireland, Galway, Socio-Economic Marine Research Unit

Abstract: Economically, Ireland depends heavily upon its shipping sector. However, structural changes arising from the globalisation of shipping fleets and the recent global recession has resulted in a decline in Europe’s shipping sector. Acknowledging the need for direct measures to halt this decline the Irish government introduced a range of policies aimed at developing a maritime transportation cluster in Ireland. Research has indicated that industrial clusters are important for the creation of economic value at the national, regional and sectoral level. Disaggregating the 2007 Input-Output table to include ten additional marine based sectors, this paper examines the potential for developing a maritime transportation cluster given the current characteristics of the sector. The analysis found that given the strength of the maritime transportation linkages with the broader economy, including its intermediate input role in a number of key economic sectors, there is a clear rationale for the development of a cluster for the sector.

Keywords: Environmental; Economics; and; Policy (search for similar items in EconPapers)
Pages: 18
Date: 2012
New Economics Papers: this item is included in nep-env, nep-geo and nep-tre
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://ageconsearch.umn.edu/record/148836/files/12-WP-SEMRU-09.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ags:semrui:148836

DOI: 10.22004/ag.econ.148836

Access Statistics for this paper

More papers in Working Papers from National University of Ireland, Galway, Socio-Economic Marine Research Unit Contact information at EDIRC.
Bibliographic data for series maintained by AgEcon Search ().