We found a match
Your institution may have access to this item. Find your institution then sign in to continue.
- Title
Considerations regarding the Valuation and Valorization of Cultural Heritage.
- Authors
Iorgulescu, Filip; Alexandru, Felicia; Cretan, Georgiana Camelia; Kagitci, Meral; Iacob, Mihaela
- Abstract
This paper presents the theoretical framework for the valuation of cultural heritage and of the economic effects produced by investments in the preservation and restoration of cultural heritage. The following methods are considered: impact studies, hedonic pricing method, contingent valuation method and travel cost method. The paper focuses on methodological issues, difficulties encountered when implementing the methods, as well as on their specific limitations. Moreover, each method is illustrated through the results of quantitative studies in the field.
- Subjects
PROTECTION of cultural property; CONTINGENT valuation; ECONOMIC impact; CULTURAL industries; ECONOMICS
- Publication
Theoretical & Applied Economics, 2011, Vol 18, Issue 12, p15
- ISSN
1841-8678
- Publication type
Article