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  1. Economic importance of the Belgian maritime and inland ports
    2019
    Autor*in: Rubbrecht, Ilse; Dhyne, Emmanuel; Duprez, Cédric
    Erschienen: [2021]
    Verlag:  National Bank of Belgium, Brussels

    The main purpose of this Working Paper is providing an overview of the economic importance of the Flemish maritime ports, the Liège port complex and the port of Brussels over the period 2014-2019 in terms of value added, employment and investment... mehr

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    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signatur:
    DS 546
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    The main purpose of this Working Paper is providing an overview of the economic importance of the Flemish maritime ports, the Liège port complex and the port of Brussels over the period 2014-2019 in terms of value added, employment and investment based on annual account figures. In 2019, Belgian ports generated € 32.2 billion in direct and indirect value added (6.8% of Belgian GDP) and employed 254 009 full-time equivalents (FTEs) either directly or indirectly (5.9% of Belgian domestic employment including the self-employed). Direct employment at Belgian ports rose by 2% in 2019 mainly due to additional jobs in the cargo handling. Other sectors generated extra jobs too. All Belgian ports except for Brussels contributed to the overall job growth. Direct value added at Belgian ports grew by 1.4% in 2019. The increase was particularly evident at the ports of Antwerp and Liège, partly owing to wider capacity at nuclear power plants, after lower capacity in 2018. At the port of Antwerp, shipping companies faced higher value added. All Belgian ports enjoyed a rise in direct value added. After a high investment volume in 2018 thanks to a merger among shipping companies direct investment by all Belgian ports together bounced back by 22.9% to a level of € 4.8 billion in 2019, an amount quite similar to that seen two years before. Sea transport is the dominant transport mode of Belgian international trade in terms of volumes to countries outside the EU. The trend in international trade by shipping is explored, with a particular focus on the trade situation during the COVID-19 pandemic. To contain the spread of COVID-19, governments worldwide imposed stringent containment measures that resulted in huge economic disruptions. A first glimpse of the impact on Belgian ports in 2020 is provided, based on monthly turnover figures.

     
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    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Weitere Identifier:
    hdl: 10419/256811
    Übergeordneter Titel: Economic importance of the Belgian maritime and inland ports - Alle Bände anzeigen
    Schriftenreihe: Working paper document / National Bank of Belgium ; no 400 (May 2021)
    Schlagworte: Belgian ports; microeconomic data; direct effects; indirect effects; input-output table; employment; value added; investment
    Umfang: 1 Online-Ressource (circa 112 Seiten), Illustrationen
  2. Economic importance of the Belgian maritime and inland ports
    2020
    Autor*in: Rubbrecht, Ilse
    Erschienen: [2022]
    Verlag:  National Bank of Belgium, Brussels

    In 2020, Belgian ports generated € 31.8 billion in direct and indirect value added (7% of Belgian GDP) and employed 254 611 full-time equivalents (FTEs) either directly or indirectly (5.9% of Belgian domestic employment including the self-employed).... mehr

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    In 2020, Belgian ports generated € 31.8 billion in direct and indirect value added (7% of Belgian GDP) and employed 254 611 full-time equivalents (FTEs) either directly or indirectly (5.9% of Belgian domestic employment including the self-employed). Despite the COVID-19 outbreak, direct employment at Belgian ports remained quite stable in 2020. The temporary lay-off system - more flexible during the pandemic - played a vital role in avoiding redundancies. Job losses in the port population were especially visible in the non-maritime cluster because the maritime activities were considered as essential and allowed to operate continuously. Direct value added at Belgian ports fell by 1.2% in 2020 against a drop of 4% for the whole of the Belgian economy. The drop was particularly visible in the non-maritime cluster more precisely in those branches hit by the temporary imposed closure of businesses or impacted by demand contractions and supplychain disruptions. In 2020, direct investment by all Belgian ports taken together rose by 5.1% to € 5.1 billion, thanks to higher sums invested in the chemicals industry and the cargo-handling sector. Analysing the investment degree levels by branch of activity, results indicate that shipping companies and port authorities invested relatively more given the competitive businesses in which they operate. A relatively high degree of investment is also notified for the energy sector and the industrial branches, whose operational activity is largely based on high technological knowledge and whose business is substantially subject to future developments. During the pandemic, total turnover figures fell. Downscaling costs to the same extend as declining sales was difficult given the presence of fixed costs, accordingly the profitability level of a median port company declined slowly. However, while strong performing1 port companies in terms of operating profit suffered a drop in profitability, weak performing businesses enhanced theirs owing to the generous government support measures. (In)direct support to wage and (para)fiscal payments endorsed port companies to maintain or even slightly strengthen their liquidity position, while their solvency was sustained as well.

     
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    hdl: 10419/273111
    Übergeordneter Titel: Economic importance of the Belgian maritime and inland ports - Alle Bände anzeigen
    Schriftenreihe: Working paper research / National Bank of Belgium ; no 407 (May 2022)
    Schlagworte: Belgian ports; microeconomic data; direct effects; indirect effects; input-output table; employment; value added; investment
    Umfang: 1 Online-Ressource (circa 122 Seiten), Illustrationen
  3. How public adaptation to climate change affects the government budget
    a model-based analysis for Austria in 2050
    Autor*in: Bachner, Gabriel; Friedl, Birgit; Knittel, Nina
    Erschienen: October 2018
    Verlag:  Department of Economics, Department of Public Economics, University of Graz, [Graz]

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    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Schriftenreihe: Graz economics papers ; GEP 2018, 17
    Schlagworte: climate change; public adaptation; indirect effects; public budgets; computable general equilibrium
    Umfang: 1 Online-Ressource (circa 46 Seiten), Illustrationen
  4. Direct and indirect effects under sample selection and outcome attrition
    Autor*in: Huber, Martin; Solovyeva, Anna
    Erschienen: 2018
    Verlag:  University of Fribourg, Switzerland, Faculty of Economics and Social Sciences, Fribourg

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    Schriftenreihe: Working papers SES / Université de Fribourg, Faculté des sciences economiques et sociales ; n. 496 (8.2018)
    Schlagworte: Causal mechanisms; direct effects; indirect effects; causal channels; mediation analysis; causal pathways; sample selection; attrition; outcome nonresponse; inverse probability weighting; propensity score
    Umfang: 1 Online-Ressource (circa 38 Seiten), Illustrationen
  5. Nonparametric estimation of natural direct and indirect effects based on inverse probability weighting
    Autor*in: Hsu, Yu-Chin; Huber, Martin; Lai, Tsung-Chih
    Erschienen: 2017-05-01
    Verlag:  University of Fribourg, Switzerland, Faculty of Economics and Social Sciences, Fribourg

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    Schriftenreihe: Working papers SES / Université de Fribourg, Faculté des sciences economiques et sociales ; n. 482 (5.2017)
    Schlagworte: causal mechanisms; direct effects; indirect effects; causal channels; mediation analysis; causal pathways; series logit estimation; nonparametric estimation; inverse probability weighting; propensity score
    Umfang: 1 Online-Ressource (circa 34 Seiten), Illustrationen
  6. Direct and indirect effects of training vouchers for the unemployed
    Autor*in: Huber, Martin; Lechner, Michael; Strittmatter, Anthony
    Erschienen: Jun 2015
    Verlag:  School of Economics and Political Science, Department of Economics, University of St.Gallen, St. Gallen

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    Schriftenreihe: Discussion paper / Universität St. Gallen, School of Economics and Political Science, Department of Economics ; no. 2015, 14 (June 2015)
    Schlagworte: Mediation analysis; voucher award; training programmes; direct effects; indirect effects; causal mechanisms; causal channels; matching estimation
    Umfang: 1 Online-Ressource (circa 40 Seiten), Illustrationen