Capturing the benefits of preserving cultural heritage
Source abstract
Abstract
Abstract There is an increasing body of contingent valuation (CV) studies applied to cultural heritage sites. These CV studies assess the social benefits of cultural resources, but few provide advice on the policy use of the results and the ways these benefits could be captured and used to improve the condition of the sites. This study attempts to do exactly this by conducting a CV survey of a preservation program for a World Heritage site, and using the estimated benefits for visitors to assess optimal entrance fees that maximize revenues for the site. We also perform a cost-benefit analysis of the preservation project, and show how the outcome can be used to justify investments in cultural heritage preservation.
Source: openaire · Quality: candidate unverified · Source record ↗
Research context
OpenAlex topics: Economic and Environmental Valuation · Housing Market and Economics · Decision-Making and Behavioral Economics
SciVX discovery tags are terminology-based. OpenAlex topics are source-provided classifications.
References (50)
Show source-provided references
1. Non-users’ willingness to pay for a national park: an application and critique of the contingent valuation method10.1080/00343409750131703 ↗
2. Valuing Cultural Heritage: Applying Environmental Valuation Techniques to Historic Buildings
3. Report of the NOAA panel on contingent valuation
4. Administering contingent valuation surveys in developing countries10.1016/S0305-750X(97)00125-3 ↗
5. FAO, Applicationsof the Contingent Valuation Method in Developing CountriesFAO Economic and Social Development Papers –146, 2000.
6. Economic valuation of cultural heritage: evidence and prospects
7. Valuing cultural heritage in developing countries: comparing and pooling contingent valuation and choice modelling estimates10.1007/s10640-006-9056-5 ↗
8. Valuation of the Historic Environment – the Scope for Using Results of Valuation Studies in the Appraisal and Assessment of Heritage-Related Projects and Programs
9. Stated preference approaches for measuring passive use values: choice experiments and contingent valuation10.2307/3180269 ↗
10. Contingent valuation and cultural resources: a meta-analytic review of the literature10.1023/A:1026371110799 ↗
11. Discrete choice models and valuation experiments10.1108/01443580310504453 ↗
12. A choice modeling application for Greek heritage attractions10.1177/0047287504272035 ↗
13. Greer, Using stated-preference questions to investigate variations in willingness to pay for preserving marble monuments: classic heterogeneity, random parameters, and mixture models10.1023/A:1026365125898 ↗
14. Valuing reduced acid deposition injuries to cultural resources: marble monuments in Washington DC10.4337/9781843765455.00020 ↗
15. Travel cost analysis of a cultural heritage site: the case of historic St. Mary's City of Maryland10.1023/B:JCEC.0000038020.51631.55 ↗
16. Economic valuation of the cultural heritage: application to four case studies in Spain10.1016/j.culher.2003.04.002 ↗
17. Is it worth subsidizing regional repertory theatre?10.1093/oep/52.2.381 ↗
18. Combining the travel cost and contingent behavior methods to value cultural heritage sites: evidence from Armenia10.1007/s10824-006-9020-9 ↗
19. On justifying subsidies to the performing arts10.1007/BF01080229 ↗
20. The three economic values of cultural heritage: a case study in the Netherlands10.1016/j.culher.2006.07.002 ↗
21. Navrud · 1992
22. Benefits received by visitors to heritage sites: a case study of Warkworth Castle10.1080/026143696375558 ↗
23. Paying for heritage: what price for Durham cathedral?10.1080/09640569408711975 ↗
24. Pricing public parks10.1080/713676701 ↗
25. SirchiaValuing cultural services in Italian museums: contingent valuation study
26. Using Surveys to Value Public Goods: The Contingent Valuation Method
27. Pricing cultural heritage: a new approach to managing ancient resources
28. The willingness-to-pay for the Royal Theatre in Copenhagen as a public good10.1023/A:1007303016798 ↗
29. Contingent valuation of a cultural public good and policy design: the case of “Napoli Musei Aperti”10.1023/A:1007642231963 ↗
30. Valuing the benefits of cleaning Lincoln Cathedral10.1023/A:1007653432745 ↗
31. Preserving cultural heritage in transition economies: a contingent valuation study of Bulgarian monasteries
32. Willingness to pay for submerged maritime cultural resources10.1023/A:1026384602020 ↗
33. Valuing cultural heritage: the social benefits of restoring and old Arab tower10.1016/j.culher.2004.09.001 ↗
34. Economic Valuation of Cultural Heritage: A Case Study of Historic Temples in Thailand, in Research report
35. Diversified funding in Mexican archaeology10.1016/0160-7383(95)00077-1 ↗
36. Non-Moroccan Values for Rehabilitating the Fes Medina (Valuing Cultural Heritage Objects)
37. Contingent valuation and semiparametric methods: a case study of the National Museum of Sculpture in Valladolid, Spain10.1023/A:1026353218280 ↗
38. A new paradigm for valuing non-market goods using referendum data: maximum likelihood estimation by censored logistic regression10.1016/0095-0696(88)90008-3 ↗
39. Tuan · 2006
40. V. Weitzel, Vietnam to develop heritage site. VNForum Archive, 2000, retrieved November 112004, from http://gw.netimages.com/cgi-bin/fetch?newsgroup=vnforum, 2004.
41. VNS, My Son's towers threatened by erosion. Vietnam News, 2003RetrievedNovember 8, 2004, from http://vietnamnews.vnanet.vn/2003-02/19/today.htm, 2004.
42. H.D. Kinh Cultural monuments maintenance and restoration in Vietnam – choosing a strategy, in: The Conference on Conserving – an Asian Perspective of Authenticity in the Consolidation, Restoration and Reconstruction of Historic Monuments and Sites Hanoi 2001.
43. Greene · 2000
44. Using contingent valuation to price ecotourism sites in developing countries
45. Environmental valuation in developing-countries – the recreational value of wildlife viewing10.1016/0921-8009(94)90024-8 ↗
46. Ecotourism demand and differential pricing of national park access in Costa Rica10.2307/3146879 ↗
47. Pricing policy in nature-based tourism10.1016/0261-5177(96)00016-7 ↗
48. Policies for Maximizing Nature Tourism’s Ecological and Economic Benefits
49. Department of Heritage Management
50. Boardman · 2006