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Measuring the economic contribution of the international association conference market: An Irish case study

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  • Hanly, Paul A.

Abstract

Conferences and meetings are a prerequisite in the modern global economy and can contribute substantially to national income and foreign exchange earnings. This study assesses the economic contribution of the international association conference market to Ireland and highlights key sectors that demonstrate strong multiplier effects. Primary conference expenditure estimates are combined with sector multipliers to determine direct, indirect and induced effects across a range of monetary aggregates in Ireland in 2007. Total direct conference spending of €131.1 million generated €235.8 million in output, €45.4 million in income, €101.6 million in value added, €52.0 million in imports and €9.3 million in product taxes. Key conference sectors are highlighted including hotels and restaurants, renting services of machinery and equipment, air transport and retail shopping. Findings also indicate the varying nature of derived economic effects over discrete time periods, particularly in the post conference period. Overall, the results demonstrate that the conference market contributed substantially to economic aggregates in Ireland in 2007.

Suggested Citation

  • Hanly, Paul A., 2012. "Measuring the economic contribution of the international association conference market: An Irish case study," Tourism Management, Elsevier, vol. 33(6), pages 1574-1582.
    • Handle: RePEc:eee:touman:v:33:y:2012:i:6:p:1574-1582
    DOI: 10.1016/j.tourman.2011.12.010
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    1. Getz, Donald & Page, Stephen J., 2016. "Progress and prospects for event tourism research," Tourism Management, Elsevier, vol. 52(C), pages 593-631.
    2. Jeroen Klijs & Meghann Ormond & Tomas Mainil & Jack Peerlings & Wim Heijman, 2016. "A state-level analysis of the economic impacts of medical tourism in Malaysia," Asian-Pacific Economic Literature, The Crawford School, The Australian National University, vol. 30(1), pages 3-29, May.
    3. Martin Falk & Eva Hagsten, 2018. "The art of attracting international conferences to European cities," Tourism Economics, , vol. 24(3), pages 337-351, May.
    4. Chatzigeorgiou, Chryssoula & Simeli, Ioanna, 2017. "Perception of service quality in agrotourism accommodations: Impact on guest loyalty and re-visit intentions," MPRA Paper 87914, University Library of Munich, Germany.
    5. Misha Teplitskiy & Soya Park & Neil Thompson & David Karger, 2022. "Intentional and serendipitous diffusion of ideas: Evidence from academic conferences," Papers 2209.01175, arXiv.org, revised Jan 2024.
    6. Sadyrbek Kozhokulov & Xi Chen & Degang Yang & Gulnura Issanova & Kanat Samarkhanov & Selvina Aliyeva, 2019. "Assessment of Tourism Impact on the Socio-Economic Spheres of the Issyk-Kul Region (Kyrgyzstan)," Sustainability, MDPI, vol. 11(14), pages 1-18, July.
    7. Chatzigeorgiou, Chryssoula & Christou, Evangelos & Simeli, Ioanna, 2017. "Delegate satisfaction from conference service quality and its impact on future behavioural intentions," EconStor Conference Papers 215864, ZBW - Leibniz Information Centre for Economics.
    8. Lamia Jamel, 2020. "The Relation between Tourism and Economic Growth: A Case of Saudi Arabia as an Emerging Tourism Destination," Virtual Economics, The London Academy of Science and Business, vol. 3(4), pages 29-47, October.
    9. Jeroen Klijs & Jack Peerlings & Wim Heijman, 2015. "Usefulness of Non-Linear Input—Output Models for Economic Impact Analyses in Tourism and Recreation," Tourism Economics, , vol. 21(5), pages 931-956, October.
    10. Chatzigeorgiou, Chryssoula & Christou, Evangelos & Simeli, Ioanna, 2017. "Delegate satisfaction from conference service quality and its impact on future behavioural intentions," MPRA Paper 93933, University Library of Munich, Germany.

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