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An Empirical Approach to Coastal Leisure Shipping in Greece and an Assessment of its Economic Contribution

Author

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  • Mihail N. Diakomihalis

    (Epirus TEI, Laskaratou 6, Preveza 48100, Greece)

  • Dimitris G. Lagos

    (University of the Aegean, Michaleio, Michalon 8, Chios, Greece)

Abstract

This paper analyses coastal leisure shipping activity in Greece and estimates its economic contribution to the national economy. Even though the activity is encompassed by the shipping transport sector and is supervised by the Ministry of Merchant Marine, its product appears to be offered exclusively to tourists. The magnitude of the economic contribution of coastal leisure shipping to the Greek economy is assessed through the implementation of the Tourism Satellite Account (TSA). Although the contribution of coastal leisure shipping to the national economy is not very substantial, it is significant to the local economies of the insular and coastal regions. The tourist ‘day ships’ constitute a dependable means of connecting the small islands with the larger islands and the ports of continental Greece. The role of the daily sea tours for the inhabitants of small islands is purely that of a means of transportation, since for most of them the tourist boats are an alternative, or sometimes the only means of connection with the rest of the world.

Suggested Citation

  • Mihail N. Diakomihalis & Dimitris G. Lagos, 2011. "An Empirical Approach to Coastal Leisure Shipping in Greece and an Assessment of its Economic Contribution," Tourism Economics, , vol. 17(2), pages 437-456, April.
    • Handle: RePEc:sae:toueco:v:17:y:2011:i:2:p:437-456
    DOI: 10.5367/te.2011.0038
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    References listed on IDEAS

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    1. Calvin Jones & Max Munday & Annette Roberts, 2003. "Regional Tourism Satellite Accounts: A Useful Policy Tool?," Urban Studies, Urban Studies Journal Limited, vol. 40(13), pages 2777-2794, December.
    2. Daneswar Poonyth & Jonathan Barnes & Helen Suich & Mokgadi Monamati, 2002. "Satellite and resource accounting as tools for tourism planning in southern Africa," Development Southern Africa, Taylor & Francis Journals, vol. 19(1), pages 123-141.
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    Cited by:

    1. Figen SEVINÇ & Tülay GÜZEL, 2017. "Sustainable Yacht Tourism Practices," Management and Marketing Journal, University of Craiova, Faculty of Economics and Business Administration, vol. 0(1), pages 61-76, May.
    2. Doris Chenguang Wu & Jingyan Liu & Haiyan Song & Anyu Liu & Hui Fu, 2019. "Developing a Web-based regional tourism satellite account (TSA) information system," Tourism Economics, , vol. 25(1), pages 67-84, February.
    3. Mihail N Diakomihalis & Spyros Verginis, 2020. "Tax Burden on Professional Yachting in Greece and other European Countries," Business and Economic Research, Macrothink Institute, vol. 10(1), pages 77-100, March.
    4. Jamie Chen & Chrysanthi Balomenou & Peter Nijkamp & Panoraia Poulaki & Dimitris Lagos, 2016. "The sustainability of yachting tourism: A case study on Greece," ERSA conference papers ersa16p293, European Regional Science Association.
    5. Liu, Anyu & Wu, Doris Chenguang, 2019. "Tourism productivity and economic growth," Annals of Tourism Research, Elsevier, vol. 76(C), pages 253-265.

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