On the regional economic effects of the Pope's journeys: evidence from the visit to Santiago de Compostela in 2010

• Ángel Barajas Alonso ^[1] ; Santiago Lago Peñas ^[1] ; Patricio Sánchez Fernández ^[1]
  1. [1] Universidade de Vigo

     Universidade de Vigo

     Vigo, España

     
• Localización: Tourism economics: the business and finance of tourism and recreation, ISSN 1354-8166, Vol. 20, Nº. 2, 2014, págs. 279-299
• Idioma: inglés
• Texto completo no disponible (Saber más ...)
• Resumen

  • This study estimates the economic impact of the Pope's visit on 6 November 2010 on the region of Galicia. Several sources of information are used, including the authors' own surveys, interviews, official statistical sources, press and audiometric studies developed by specialized companies. The cost�benefit analysis methodological approach is applied. Overall, the authors conclude that the net effects are clearly positive in terms of boosting regional economic activity and tourism promotion. Conversely, tax returns for the regional government are very low due to the fiscal federal arrangements in Spain.