Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/329449 
Year of Publication: 
2025
Citation: 
[Journal:] Economies [ISSN:] 2227-7099 [Volume:] 13 [Issue:] 6 [Article No.:] 169 [Year:] 2025 [Pages:] 1-18
Publisher: 
MDPI, Basel
Abstract: 
This research investigates the multiplier effect of ferry transportation development on the medium-term economy of Samosir Island from 2016 to 2022. The study will provide insights into the implications of ferry transportation for the economies of rural or remote regions like Samosir Island. The analysis was conducted by comparing the multiplier effects before and after the development, utilizing the input-output approach, which encompassed the output multiplier, the multiplier on gross value added (GVA), and the household income multiplier. The findings from the input-output analysis indicate that the average output multiplier for 37 industries on Samosir Island has declined by 0.84% annually, with the average output multiplier recorded at 1.80 in 2016, decreasing to 1.71 by 2022. This suggests that, overall, the advancement of ferry transportation in the medium term is comparatively ineffective in promoting economic growth in rural or remote regions such as Samosir Island. Conversely, the average GVA multiplier rose by 1.04% annually. Similarly, the household income multiplier index experienced an increase of 1.91% each year. This indicates that ferry transportation seems to exert a notable influence on both GVA and the household income multiplier, albeit the effect is comparatively modest.
Subjects: 
ferry transportation
multiplier
economy
input-output
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by Logo
Document Type: 
Article

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