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Fairs and events of the Munich Trade Fair induce a yearly turnover of €2.17 euro in Germany

Horst Penzkofer
ifo Institut für Wirtschaftsforschung, München, 2008

ifo Schnelldienst, 2008, 61, Nr. 10, 38-43

According to recent calculations of the Ifo Institute, total expenditures of domestic and foreign visitors and exhibitors in Munich amounted to ca. €1.53 billion. If also indirect effects are considered, a national turnover volume of €2.17 billion annually, on average, is induced.

JEL Classification: D400,L890,R110

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ifo Institut für Wirtschaftsforschung, München, 2008