The results of a recent study are presented that undertakes it for the first time to estimate the impact of mints and coin production on the national and the European economy. Not only the macroeconomic effects emanating from mints, modelled with input-output standard methodology and analysis, but also associated effects are considered.
Detailed data on production activities, inputs and outputs were collected for a sample of 12 mints in 11 European countries. Based on this sample, which covers 63% of the economy of the EU28, the impact on the whole economy is calculated and projected to form an estimate of the production, value added and employment generated in the economy of the EU28.
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