Economic impact of a new museum on the local economy: "The Gaudí Centre" [Fitxer informàtic]
/ Maria Llop Llop, Josep Maria Arauzo Carod
Llop i Llop, Maria2008
1 recurs electrònic (
Documents de treball del Departament d'Economia, 2008-09)
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.