Economic impact of a new museum on the local economy: "The Gaudí Centre"
In this paper we analyse the economic impact of a new museum (the Gaudí Centre) on the local economy of Reus, a city in the province of Tarragona (southern Catalonia). We use a Keynesian income multiplier model to evaluate the effects of this new cultural venue on local income. In our calculation of the economic impact we distinguish between two phases: the construction phase and the exploitation phase. Our results show the important income impact of this cultural investment on the local economy.
|Date of creation:||2008|
|Date of revision:|
|Contact details of provider:|| Postal: Avda. de la Universitat,1 - 43204 Reus (Tarragona)|
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Web page: http://www.urv.cat
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- Brownrigg, Mark, 1971. "The Regional Income Multiplier: An Attempt to Complete the Model," Scottish Journal of Political Economy, Scottish Economic Society, vol. 18(3), pages 281-97, November.
- Beatriz Plaza, 2006. "The Return on Investment of the Guggenheim Museum Bilbao," International Journal of Urban and Regional Research, Wiley Blackwell, vol. 30(2), pages 452-467, 06.
- McGuire, Alistair J, 1983. "The Regional Income and Employment Impacts of Nuclear Power Stations," Scottish Journal of Political Economy, Scottish Economic Society, vol. 30(3), pages 264-74, November.
- Greig, Michael A, 1971. "The Regional Income and Employment Multiplier Effects of a Pulp Mill and Paper Mill," Scottish Journal of Political Economy, Scottish Economic Society, vol. 18(1), pages 31-48, February.
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