Events as boosters of the regional economy

L. Krammer, W.J.M. Heijman

Research output: Contribution to journalComment/Letter to the editorAcademic

Abstract

Events are increasingly being used as a means to boost regional economic development through tourism, but are they truly effective to this end? In this article we attempted to answer this question by measuring the impact of the Christmas Festival ‘Magisch Maastricht’ on the economy of the municipality of Maastricht in the Netherlands. We used input-output analysis by which we calculated the number of additional jobs per sector created by the spending of visitors during the event. The results show that the impact on the urban economy is significant.
Original languageEnglish
Pages (from-to)57-58
JournalStudies in Agricultural Economics
Volume116
Issue number1
DOIs
Publication statusPublished - 2014

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Regional economy
The Netherlands
Regional economic development
Tourism
Christmas
Municipalities
Urban economy
Input-output analysis

Cite this

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Events as boosters of the regional economy. / Krammer, L.; Heijman, W.J.M.

In: Studies in Agricultural Economics, Vol. 116, No. 1, 2014, p. 57-58.

Research output: Contribution to journalComment/Letter to the editorAcademic

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AB - Events are increasingly being used as a means to boost regional economic development through tourism, but are they truly effective to this end? In this article we attempted to answer this question by measuring the impact of the Christmas Festival ‘Magisch Maastricht’ on the economy of the municipality of Maastricht in the Netherlands. We used input-output analysis by which we calculated the number of additional jobs per sector created by the spending of visitors during the event. The results show that the impact on the urban economy is significant.

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