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A Comparison of Economic Impacts with the Use of Economic Base and Input—Output Methodologies

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  • W R Hughes

    (Department of Economics, The University of Waikato, Hamilton, New Zealand)

Abstract

Single equation economic base methodology as employed in this paper is briefly outlined together with its limitations and advantages relative to input—output methodology. Both methodologies are utilized to derive alternative estimates of a port's impact on output, income, and employment in the surrounding region. Economic base impacts were up to 5% larger than type 1 input—output impacts and up to 17% smaller than type 2 impacts.

Suggested Citation

  • W R Hughes, 1997. "A Comparison of Economic Impacts with the Use of Economic Base and Input—Output Methodologies," Environment and Planning A, , vol. 29(4), pages 673-684, April.
    • Handle: RePEc:sae:envira:v:29:y:1997:i:4:p:673-684
    DOI: 10.1068/a290673
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    References listed on IDEAS

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    1. M. Henry Robison & Jon R. Miller, 1991. "Central Place Theory And Intercommunity Input‐Output Analysis," Papers in Regional Science, Wiley Blackwell, vol. 70(4), pages 399-417, October.
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    Cited by:

    1. Romeo Danielis & Tullio Gregori, 2013. "An input-output-based methodology to estimate the economic role of a port: The case of the port system of the Friuli Venezia Giulia Region, Italy," Maritime Economics & Logistics, Palgrave Macmillan;International Association of Maritime Economists (IAME), vol. 15(2), pages 222-255, June.
    2. Wang, Yixuan & Wang, Nuo, 2019. "The role of the port industry in China's national economy: An input–output analysis," Transport Policy, Elsevier, vol. 78(C), pages 1-7.

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