The inter-industrial linkage of maritime sector in Taiwan: an input-output analysis

Abstract

The main purpose of this article is to investigate the role and influence of the maritime sector on the national economy of Taiwan by using Input–Output (I–O) analysis. Results show that the maritime industry has relatively high backward linkage and production-inducing effects, but has relatively low forward linkage, supply-shortage cost and price effects. This study reveals the difficulty in considering the maritime sector as a leading sector for the national economy based on the low values of both power and sensitivity of dispersion, no matter how many shipping companies who request government incentives for promoting the shipping industries and underscore the importance of maritime transport in conveying the national imports and exports.