Page 120 - BREWERS_Contribution_DEF_20111125-v2

This is a SEO version of BREWERS_Contribution_DEF_20111125-v2. Click here to view full version

« Previous Page Table of Contents Next Page »
0 200 400 600 800 1000 1200 1400 1600
Agriculture
Utilities
Packaging industry
Equipment and other industrial activities
Transport and storage
Media and marketing
Services and other
4 | Indirect effects of
the brewing sector
76% of the value of the output produced remains within
the Greek brewing sector as value added. The other 24%
of 478 million euro in total turnover accrues to a number
of suppliers.
This stimulus of 120 million euro has a signifcant economic
impact on sectors outside the brewing sector, most
substantially on the packaging industry and on the media
and marketing sector :
Other substantial effects can be observed for transport
and services. The total frst-round employment effect of the
brewing sector on supplying sectors is approximately 931
employees. This primary effect can be estimated at about
65% of the total impact.
Thus,the total impact will be about 1,400 jobs.
For 2008 we calculated 1,700 indirect jobs.
Indirect employment effects are illustrated below:
Source : Ernst & Young calculation (2011)
Sectors
Stimulus
Stimulus for Greece
Turnover per
employee
Number
of employees
(mln. €)
% spent
in own country
(mln. €)
(in €)
Agriculture
11
35%
4
18,893
211
Utilities
4
100%
4
229,320
18
Packaging industry (in hectolitres)
39
65%
25
144,144
176
Equipment
9
65%
6
144,144
41
Transport
17
100%
17
96,406
175
Media, marketing
22
95%
21
120,559
172
Services
17
95%
17
120,559
137
Total
120
94
931
First-round impact as % of total impact
65
Total indirect effect of brewing sector
1,433
Source : Ernst & Young calculation, (2011); Eurostat (2006)
Graph 19.2. / Indirect employment
19
121
Greece