Economic Effect
The latest study from the year 2011, conducted by the Zentrum für Zukunftsstudien Fachhochschule Salzburg, demonstrates the enormous economic importance of the Salzburg Festival for the region. One of the most interesting parts is the section on the overall economic impact. Furthermore, an attempt was made to estimate the effect of the Salzburg Festival on tax revenues. The tax revenue that the Festival gives rise to equals about three times the amount of subsidies the Festival receives from public authorities. According to the study, the overall economic impact of the Festival in business volume and productivity is estimated around 276 million Euros.
The study from 2011:
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