ITS HINTERLAND

DUBLIN PORT

Economic impact of Dublin port ON ITS HINTERLAND

Late in 1986, in association with the Department of

Usiness Administration of University College Dublin,

^blin Port undertook an economic impact study of port on its hinterland. A commerce graduate of the University studying for his Master of Business Studies '^^gree, was assigned to the planning section of the Port to carry out the study.

. T^he objective of the study was to measure the |!J^Pact of Dublin Port in four areas - contribution to ross National Product, Government Revenue, 'hployment and Payroll. hinterland of the portl^rritory of the state because was taken as Dublin Port the national draws trade om the entire country. 0 indispensable and integral part of the study was g 0 availability of an Input-Output model of the Irish .^^riorny constructed by Professor Eamonn Henry of u Economic and Social Research Institute.

Three impacts were measured, the direct, indirect ud induced. Multipliers to measure the impacts were drived from the Input-Output model. . The study year chosen was 1986 because sufficient . ^tail was available for that year to enable the study to ® Undertaken.

^ Economic impacts were based on exports, as only j Ports contribute to final demand as defined in the TPut-Output model. Imports were treated as a primary |Put cost. This approach differs from that used sewhere, particularly in the United States and

Canada, where imports as well as exports were used to determine impacts. Discussion as to the merits of each approach should enlighten the completion of future studies.

Three sectors contributed to the total economic impact: exporters or port users, port industry and port capital spending. Questionnaires were sent to a representative sample of port users and port industry requesting information on revenue, payroll, taxes and employment.

A high response rate was received from Port users and the information was used to monitor the multipliers, in the Input-Output model. The response from port industry was poor, mainly for reasons of confidentiality and because the information was not available in the form requested. Another method to identify the impact of port industry was adopted and proved satisfactory, i.e. the use of turnover values from the Census of Industrial Production prepared by the Central Statistics Office.

F.O.B. values for exports were also available from the Central Statistics Office in the Standard International Trade Classification and the only remaining task was to convert these values to the twenty-two sectors of the Input-Output model.

Employment generated by Dublin Port totalled 174,000. Total household income amounted to 1RE1250 million.

Dublin Port accounted for over IR£700 million of Government income.

(Liebherr Container Cranes Ltd) and Dublin Port Chairman John Stafford at the signing of the contract for the ■">9 of a third transporter crane for siting at the South Bank Quay Container Terminal.

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