Jamaica: Macro-Socio-Economic and Environmental Assessment of ...

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also have an impact on employment. Available data for the banana sub sector indicates
that it will sustain a temporary loss of 8 000 jobs.
The manufacturing sector will be mildly affected by the impact of Hurricane Ivan
(4.7percent and 4.2percent for the pre and post Ivan Scenarios). The losses are
concentrated in the food processing sub-sector. The losses will also affect manufacturing
export products.
The mining sectors’ rate of growth taking into account the effects of the disaster is
estimated at 9.1percent (10percent in the pre-Ivan scenario). Most of the losses were due
to temporary stoppage of production, which will be impossible o recover during the
current year given the close to full capacity utilization rates during the year.
The performance of the electricity and water (3.7percent and 2.2percent in the pre and
post Ivan scenarios) sector is expected to be affected by the declines in output and
income caused by the interruption of the power supply.
For transport, storage and communications (3.4percent and 2.6percent in the pre and post
Ivan Scenario) losses in production resulted from the temporary interruption of passenger
and cargo traffic in the toad network, reduction in the volume of traffic and higher costs
due to the use of alternative means of transportation and communications.
Table III.3
Ratio of value added to gross output by economic sector (In percentages)
2003
Sector
Value added to gross output
Agriculture forestry & fishing 46.4
Mining & quarrying 43.7
Manufacture 32.2
Electricity & water 44.0
Construction & installation 26.4
Distributive trade
(Wholesale & retail) 66.8
Transport, storage & communication 49.3
Tinancing & insurance services 63.4
Real estate & business services 66.7
Producers of government services 72.6
Miscellaneous services 37.0
Household & private 87.8
Source: ECLAC computations based on information provided by the Statistical Institute
of Jamaica (STATIN).
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