Economic Impact of Port Activity: A Disaggregate Analysis - The Case of Antwerp

National Bank of Belgium Working Paper No. 110

88 Pages Posted: 7 Oct 2010

See all articles by François Coppens

François Coppens

National Bank of Belgium

Frédéric Lagneaux

National Bank of Belgium

Hilde Meersman

University of Antwerp - Department of Economics

Nathalie Sellekaerts

University of Antwerp

Eddy van de Voorde

University of Antwerp - Department of Economics

George van Gastel

National Bank of Belgium

Thierry Vanelslander

University of Antwerp

Ann Verhetsel

affiliation not provided to SSRN

Date Written: February 8, 2007

Abstract

The economic impact of the port sector is usually measured at an aggregate level by indicators such as value added, employment and investment. This paper tries to define the economic relevance for the regional as well as for the national economy at a disaggregate level. It attempts to identify, quantify and locate the mutual relationships between the various port players themselves and between them and other Belgian industries. Due to a lack of information foreign trade is only tackled very briefly but the method outlined in this paper can be used to measure the national effects of changes in port activity at a detailed level. A sector analysis is made by compiling a regional (regional as geographically opposed to national, not to be mistaken for the Belgian Regions Brussels, Flanders and Wallonia) input-output table, resorting to microeconomic data: a bottom-up approach. The main customers and suppliers of the port's key players or stakeholders are identified. A geographical analysis can also be carried out by using data at a disaggregate level. Each customer or supplier can be located by means of their postcode. In so doing, the economic impact of the port is quantified, both functionally and geographically. In the case of the port of Antwerp, the results show important links between freight forwarders and agents. The geographical analysis suggests the existence of major agglomerating effects in and around the port of Antwerp, referred to as a major transhipment location point. Key words: port economics, regional input-output table, sector analysis, geographical analysis.

Keywords: port economics, regional input-output table, sector analysis, geographical analysis

JEL Classification: C67, L90, R12, R15, R41

Suggested Citation

Coppens, Francois and Lagneaux, Frédéric and Meersman, Hilde and Sellekaerts, Nathalie and van de Voorde, Eddy and van Gastel, George and Vanelslander, Thierry and Verhetsel, Ann, Economic Impact of Port Activity: A Disaggregate Analysis - The Case of Antwerp (February 8, 2007). National Bank of Belgium Working Paper No. 110, Available at SSRN: https://ssrn.com/abstract=1687569 or http://dx.doi.org/10.2139/ssrn.1687569

Francois Coppens (Contact Author)

National Bank of Belgium ( email )

Brussels, B-1000
Belgium

Frédéric Lagneaux

National Bank of Belgium ( email )

Brussels, B-1000
Belgium

Hilde Meersman

University of Antwerp - Department of Economics ( email )

Prinsstraat 13
Antwerp, B-2000
Belgium

Nathalie Sellekaerts

University of Antwerp ( email )

Prinsstraat 13
Antwerp, Antwerp 2000
Belgium

Eddy Van de Voorde

University of Antwerp - Department of Economics ( email )

Prinsstraat 13
Antwerp, B-2000
Belgium

George Van Gastel

National Bank of Belgium ( email )

Brussels, B-1000
Belgium

Thierry Vanelslander

University of Antwerp ( email )

Prinsstraat 13
Antwerp, Antwerp 2000
Belgium

Ann Verhetsel

affiliation not provided to SSRN

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