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On the Regional Economic Effects of the Pope's Journeys: Evidence from the Visit to Santiago de Compostela in 2010

Author

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  • Angel Barajas

    (Faculty of Business and Tourism, University of Vigo, Campus Universitario, 32004 Ourense, Spain)

  • Santiago Lago-Peñas

    (Faculty of Business and Tourism, University of Vigo, Campus Universitario, 32004 Ourense, Spain; GEN, Vigo, Spain; IEB, Barcelona, Spain)

  • Patricio Sanchez

    (Faculty of Business and Tourism, University of Vigo, Campus Universitario, 32004 Ourense, Spain)

Abstract

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.

Suggested Citation

  • Angel Barajas & Santiago Lago-Peñas & Patricio Sanchez, 2014. "On the Regional Economic Effects of the Pope's Journeys: Evidence from the Visit to Santiago de Compostela in 2010," Tourism Economics, , vol. 20(2), pages 279-299, April.
    • Handle: RePEc:sae:toueco:v:20:y:2014:i:2:p:279-299
    DOI: 10.5367/te.2013.0270
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    References listed on IDEAS

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