The Economic Impact of the Leipzig Trade Fairs and Events
Project period: November 2013 - July 2016
Research Areas:
Tasks
The main aim of this analysis was to determine the direct and indirect production and em-ployment effects, as well as the tax income generated by trade fairs in a representa-tive trade fair year based on the total expenditure of all trade fair exhibitors and visitors to trade fairs held in Leipzig.
Methods
The calculations of direct and indirect effects are based on the input-output calculation.
Data and other sources
Exhibitor and visitor surveys.
Results
The total aggregate output resulting from the direct and indirect impact of a typical trade-fair and event year amounts to around EUR 656 million, or approximately 6,600 gainfully employed persons. This project also estimated the resulting tax revenue of the various authorities (City of Leipzig, Saxony and Germany). With the trade-fair and event related output of EUR 656 million, the concomitant tax revenue totalled approximately EUR 121 million.
Press Echo
Leipziger Messe corporate group: ifo study demonstrates Leipziger Messe's huge economic importance | Jul 16, 2015, Press Release, PDF