This executive summary sets out the main conclusions of the survey carried out to estimate the economic impact of the activities developed over the year 2002 by the Fundación del Museo Guggenheim Bilbao in terms of wealth for the Basque Country. To perform this study, the model proposed in 1998 was taken as a reference, but including the analytical elements incorporated in 2001:
- Consideration of the induced effects.
- Inclusion of the direct expenditure made by several different companies and institutions that hold events in the Museum by hiring Museum spaces.
- Review of the expenditure profiles of visitors in accordance with their points of origin, including a new concept of leisure expenditure.
- The application of specific multipliers for each sector. As the Input/Output tables for tourism in the Basque Country have not been updated, the tables for the Basque economy for 2000 have been used, but without applying a single multiplier for the services sector, but a specific one for each subsector considered: Retail, catering, transport, recreational and cultural activities and other business activities.