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Economic impact of the Frankfurt trade fairs

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  • Horst Penzkofer

Abstract

The Ifo Institute conducted a study for Messe Frankfurt GmbH on the economic impact of the Frankfurt trade fairs for the Frankfurt region, for Hessia and for Germany. Taking the total expenditures of exhibitors and visitors of all Frankfurt trade fairs, the direct and indirect production and employment effects as well as the tax revenue induced by the trade fairs were determined for 2000 and for a representative trade-fair year. The calculation of the trade-fair induced expenditures are based on information from ca. 22,350 visitors and 2,200 exhibitors. The results show that especially the various service industries receive considerable demand stimulus from trade-fair expenditures.

Suggested Citation

  • Horst Penzkofer, 2002. "Economic impact of the Frankfurt trade fairs," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 55(01), pages 24-31, January.
    • Handle: RePEc:ces:ifosdt:v:55:y:2002:i:01:p:24-31
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    References listed on IDEAS

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    1. Rolf Spannagel & Uwe Christian Täger & Günter Weitzel, 1999. "Die gesamtwirtschaftliche Bedeutung von Messen und Ausstellungen in Deutschland," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 52(16-17), pages 38-49, October.
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    Cited by:

    1. Horst Penzkofer, 2007. "Ifo Institute: Trade fairs and conferences in Essen create 6,700 jobs in Germany," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 60(22), pages 52-55, November.
    2. Horst Penzkofer, 2007. "The Hamburg trade fairs and congresses account for 6,500 jobs throughout Germany," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 60(09), pages 35-39, May.
    3. Horst Penzkofer, 2009. "Fairs and events of the Essen Fairgrounds accounted for 7,500 jobs in 2008," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 62(17), pages 34-37, September.
    4. Hermann Kresse & Robert K. v. Weizsäcker & Horst Penzkofer, 2005. "The importance of trade fairs in Germany," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 58(03), pages 03-14, February.
    5. Horst Penzkofer, 2006. "Economic effects of the Leipzig trade fairs: Employment for some 6,000 persons at events and congresses," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 59(24), pages 58-63, December.
    6. Horst Penzkofer, 2004. "Trade fairs in Cologne induced nationwide turnover of €1.7 billion in 2003," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 57(21), pages 30-37, November.
    7. Horst Penzkofer, 2003. "Leipzig Trade Fair: Exhibitions and conventions provide 4,800 jobs," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 56(14), pages 14-24, July.
    8. Horst Penzkofer, 2018. "Frankfurt Trade Fair Events Generate 3.6 Billion Euros in Annual Revenues," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 71(02), pages 25-29, February.
    9. Horst Penzkofer, 2008. "Fairs and events of the Munich Trade Fair induce a yearly turnover of €2.17 euro in Germany," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 61(10), pages 38-43, May.
    10. Horst Penzkofer, 2009. "More than 28,000 jobs nationwide from trade fairs and conventions in Düsseldorf," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 62(22), pages 47-51, November.

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    11. Horst Penzkofer, 2007. "The Hamburg trade fairs and congresses account for 6,500 jobs throughout Germany," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 60(09), pages 35-39, May.
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    More about this item

    JEL classification:

    • C80 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs - - - General
    • D40 - Microeconomics - - Market Structure, Pricing, and Design - - - General
    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes

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