Economic Impact of maritime

tourism
Juan

Carlos Collado

CONTENTS OF PRESENTATION

1.
2.
3.
4.
5.
6.

Framework
Aims
Methodology
Sea sector in Spain
Tourism in Spain
Outcomes

1. FRAMEWORK

Background: This study shows maritime tourism importance in

the Spanish economy. The study displays data about the
effects over the whole Spanish economy.
Geographic context analysis : The geographic context
considered is Spain.

2. AIMS

To publicize and to value the economic contribution that generates

economic activity of maritime tourism in the whole economy.

Quantify the economic impact of maritime tourism on the Spanish

economy, measuring the effects in terms of production, GVA and
employment over the economy and the sectors that compose it.

3. METHODOLOGY

I.
II.
III.
IV.

Sources of information
Economic variables
Theoretical framework
Estimation of economic effects

3. METHODOLOGY
I. Sources of information

Data collected through a survey carried out among companies in the

maritime tourism, e.g. cruise companies, yacht rental, ferry, etc.

Input output tables of Spain 2005, published by the National

Institute of Statistics.

3. METHODOLOGY :
II. Economic variables
We analyze the economic effects that the activity of maritime
tourism has in the Spanish economy, on three variables / aspects
of the Spanish economy:

Total Output
Gross Value Added (GVA)
Employment

3. METHODOLOGY
III. Theoretical framework (1)
What analytical framework is used
INPUT-OUTPUT TABLE
It defines the structure of interrelationships among different
sectors within an economy.

In this study, the Spanish Input output table for 2005, updated for
2008, is used.
Sources: National Institute of Statistics.

3. METHODOLOGY
III. Theoretical framework (2)
How is the economic effects of maritime tourism determined?
Starting with the
definition of
maritime tourism,
we identify the
affected industries,
using the
information from the
survey. The
economic activity of
these sectors
extends into the
economy through
the inter-sectoral
relationships showed
by IOT.

EMPLOYMENT

TOTAL
OUTPUT
GVA

The more you

produce, the
more
employment you
need

3. METHODOLOGY
III. Theoretical framework (3)
What kinds of economic effects happen?

DIRECT EFFECT
In sectors related with
maritime tourism

INDUCED EFFECT
As a consecuence of the
increase in employment
and income in the whole
economy.

INDIRECT EFFECT
Supplier sectors, of maritime
tourism, that will have to increase
their production

TOTAL EFFECT

3. METHODOLOGY
IV. Estimation of economic effects (1)
1. GDP of
maritime
tourism: 3.271
million in
Spain (2008)

2. Distribution

among the sectors

of maritime
transport and
auxiliary transport
activities, travel
agencies, etc.

These data are

transferred to
the IOT to
calculate the
impact

3. From this
division and
through the
input-output
analysis,
indirect and
induced effects
are generated

4. SEA SECTOR IN SPAIN

I. Comparison with other maritime sectors

5. TOURISM IN SPAIN
I. Importance of tourism in Spain

Spanish data of PIB for 2008 and data of employment for 2006 (Tourism Satellite Account of Spain). Data for Comunitat Valenciana, Galicia and
Canarias related to 2008. Data for Andaluca, Comunidad de Madrid e Illes Balears related to 2007 (IMPACTUR Studies)
**Observed differences among regions are explained because of different levels of seasonality. Employment data are showed in full time
equivalent jobs.

6. OUTCOMES

I. Total effects
II. Relative weight in spanish economy
III. Outputs multiplier

6. OUTCOMES
I. Total effects of maritime tourism in Spain

6. OUTCOMES
II. Relative weight in the Spanish economy

Total effect weight of maritime tourism represents 0,75% of total GVA of

Spain.

6. OUTCOMES
III. Outputs multiplier
Multiplier shows the amount of euros generated in the economy (total effect)
for every euro spent (direct effect), as a consecuence of economic activity of related sectors (indirect effect)
and the increase of income and employment (induced effect)

Interpretation: For every

euro spent in maritime
tourism, 2,5 euros are
generated in the Spanish
economy