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The economic impact of the privatization of the Piraeus port on the Greek economy
Category: Structural Changes
SubCategory: -
Date: 08/03/2016
The scope of the study is to determine the micro and macroeconomic impact of the privatization of the Piraeus port. We explore the benefits that accrue on the public revenues, the rise of investment activity and the change in PPA activity level upon completion of the project. Furthermore, we highlight the catalytic effects from the implementation of the project in related activities such as land transport, tourism and logistics. Finally, by aggregating direct and catalytic effects, we quantify macroeconomic multiplier effects using a model of Greek economy.
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