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Fairs and events of the Essen Fairgrounds accounted for 7,500 jobs in 2008

Horst Penzkofer
ifo Institut für Wirtschaftsforschung, München, 2009

ifo Schnelldienst, 2009, 62, Nr. 17, 34-37

According to recent calculations of the Ifo Institute, the visitors and exhibitors at the Essen Fairgrounds spent a total of €410 million at fairs and exhibitions in 2008. The city of Essen profited the most, to the amount of more than €170 million, but a considerable sum (€103 million) also went to other parts of North-Rhine Westphalia. Total spending of foreign and domestic conference participants and event visitors was €67 million in 2008. The aggregate economic output effects that this triggered enabled 7,500 to be employed in Germany.

JEL Classification: J210,L890,R110

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ifo Institut für Wirtschaftsforschung, München, 2009