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Quantifying the value of multi-sectoral marine commercial activity in Ireland

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  • Morrissey, Karyn
  • O'Donoghue, Cathal
  • Hynes, Stephen

Abstract

The realisation that the world's oceans play an important role in climate regulation and many territory activities, notably food production, coupled with economic changes and the rapid advancement in ocean technology have seen a shift in the perception of the importance of marine resources. This increased focus on marine resources means that governments and policy-makers require accessible and reliable information regarding the role of the marine sector. This information may then be used to formulate new environmental and economic policy measures. The aim of this paper is to define, describe and quantify the value of the marine sector in Ireland. This paper outlines a methodology that provides a robust analysis of the Irish marine sector for 2007. It was found that in 2007 the Irish marine sector contributed [euro]1.44 billion in GVA to the wider Irish economy and employed over 17,000 individuals in full time equivalents.

Suggested Citation

  • 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.
    • Handle: RePEc:eee:marpol:v:35:y:2011:i:5:p:721-727
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    Citations

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    Cited by:

    1. Al-Belushi, Kawther I.A. & Stead, Selina M. & Burgess, J. Grant, 2015. "The development of marine biotechnology in Oman: Potential for capacity building through open innovation," Marine Policy, Elsevier, vol. 57(C), pages 147-157.
    2. Waters, Edward C. & Seung, Chang K. & Hartley, Marcus L. & Dalton, Michael G., 2014. "Measuring the multiregional economic contribution of an Alaska fishing fleet with linkages to international markets," Marine Policy, Elsevier, vol. 50(PA), pages 238-248.
    3. Fernández-Macho, Javier & González, Pilar & Virto, Jorge, 2016. "An index to assess maritime importance in the European Atlantic economy," Marine Policy, Elsevier, vol. 64(C), pages 72-81.
    4. Karyn Morrissey & Cathal O'donoghue & Niall Farrell, 2014. "The Local Impact of the Marine Sector in Ireland: A Spatial Microsimulation Analysis," Spatial Economic Analysis, Taylor & Francis Journals, vol. 9(1), pages 31-50, March.
    5. Jiang, Xu-Zhao & Liu, Tie-Ying & Su, Chi-Wei, 2014. "China׳s marine economy and regional development," Marine Policy, Elsevier, vol. 50(PA), pages 227-237.
    6. Dalton, Gordon & Allan, Grant & Beaumont, Nicola & Georgakaki, Aliki & Hacking, Nick & Hooper, Tara & Kerr, Sandy & O’Hagan, Anne Marie & Reilly, Kieran & Ricci, Pierpaolo & Sheng, Wanan & Stallard, T, 2015. "Economic and socio-economic assessment methods for ocean renewable energy: Public and private perspectives," Renewable and Sustainable Energy Reviews, Elsevier, vol. 45(C), pages 850-878.
    7. Roson, Igor Oliveira Santos & Geraldo, Lucas & Rocha, Ademir Antônio Moreira & Haddad, Eduardo A., 2024. "Azores Blue Economy: Measuring the Importance of Azorean Maritime-Related Activities for Portugal’s Economy Using the Partial Hypothetical Extraction Method," TD NEREUS 9-2024, Núcleo de Economia Regional e Urbana da Universidade de São Paulo (NEREUS).
    8. Zhao, Rui & Hynes, Stephen & Shun He, Guang, 2014. "Defining and quantifying China's ocean economy," Marine Policy, Elsevier, vol. 43(C), pages 164-173.
    9. Haddad, Eduardo A. & Araujo, Inacio F., 2024. "Shades of Blue: The Geography of the Ocean Economy in Brazil," TD NEREUS 3-2024, Núcleo de Economia Regional e Urbana da Universidade de São Paulo (NEREUS).
    10. Egan, Michael & Hynes, Stephen, 2014. "Results from a short survey of Marina visitors and operators in Ireland," Working Papers 262586, National University of Ireland, Galway, Socio-Economic Marine Research Unit.
    11. Eduardo Amaral Haddad & Inaciao F.Araujo, 2024. "SHADES OF BLUE: The Geography of the Atlantic Ocean Economy in Brazil," Research papers & Policy papers on Economic Trends and Policies 2418, Policy Center for the New South.
    12. repec:ocp:rpecon:rp_08-24 is not listed on IDEAS
    13. Morrissey, Karyn, 2014. "Using secondary data to examine economic trends in a subset of sectors in the English marine economy: 2003–2011," Marine Policy, Elsevier, vol. 50(PA), pages 135-141.
    14. Santos, Felipe dos & Bícego, Samuel & Rocha, Ademir & Haddad, Eduardo, 2024. "Multidimensional Analysis of the Sea Economy: A Case Study for the Madeira Island, Portugal," TD NEREUS 8-2024, Núcleo de Economia Regional e Urbana da Universidade de São Paulo (NEREUS).
    15. Morrissey, Karyn & O’Donoghue, Cathal, 2013. "The role of the marine sector in the Irish national economy: An input–output analysis," Marine Policy, Elsevier, vol. 37(C), pages 230-238.
    16. Surís-Regueiro, Juan C. & Santiago, Jose L., 2014. "Characterization of fisheries dependence in Galicia (Spain)," Marine Policy, Elsevier, vol. 47(C), pages 99-109.
    17. Morrissey, Karyn & O'Donoghue, Cathal, 2012. "The Potential for an Irish Maritime Transportation Cluster: An Input-Output Analysis," Working Papers 148836, National University of Ireland, Galway, Socio-Economic Marine Research Unit.

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