IDEAS home Printed from https://ideas.repec.org/p/aue/wpaper/2407.html
   My bibliography  Save this paper

Safeguarding Cultural Heritage, Fostering Sustainable Development: The threats of Climate Change and Acid Rain

Author

Listed:
  • George Halkos
  • Phoebe Koundouri
  • Panagiotis Stavros Aslanidis
  • Angelos Plataniotis

Abstract

Sustainable development incorporates the sustainable pathway of each civilization. However, cultural heritage assets can be heavily impacted by pollution, such as acid rain and climate change. The present study evaluates cultural heritage assets via a meta-regression analysis function transfer, in which we examined 106 studies, mainly from different countries, in the period 1995 - 2022. This methodology enables the valuation of cultural heritage - tangible and intangible - goods and services, as well as cultural values (e.g. aesthetic, spiritual, symbolic, etc.).The utilization of willingness-to-pay (WTP) would enable us to compare the two models (i.e., European and non-European) on how much a citizen would value cultural heritage based on non-market valuation.The results would inform policymakers about the importance of cultural heritage assets inthe sustainable development agenda. The results present that the WTP for the two examined models for Europe and non-European is 37.6�, and 60.12� respectively.Europeans are influenced mainly by intangible cultural assets, whereas non-Europeans are influenced by oral tradition. Overall, cultural heritage conservation necessitates for proper economic valuation through a holistic approach, in short - the valuation of intangible cultural heritage is imperative for sustainable development in an era of multi-crisis.

Suggested Citation

  • George Halkos & Phoebe Koundouri & Panagiotis Stavros Aslanidis & Angelos Plataniotis, 2024. "Safeguarding Cultural Heritage, Fostering Sustainable Development: The threats of Climate Change and Acid Rain," DEOS Working Papers 2407, Athens University of Economics and Business.
    • Handle: RePEc:aue:wpaper:2407
    as

    Download full text from publisher

    File URL: http://wpa.deos.aueb.gr/docs/2024.Cultural.Economics.Manuscript.pdf
    File Function: First version
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. P. Poor & Jamie Smith, 2004. "Travel Cost Analysis of a Cultural Heritage Site: The Case of Historic St. Mary's City of Maryland," Journal of Cultural Economics, Springer;The Association for Cultural Economics International, vol. 28(3), pages 217-229, August.
    2. Allen J Scott & Mark Ellis, 2000. "The Culture Economy of Paris∗," International Journal of Urban and Regional Research, Wiley Blackwell, vol. 24(3), pages 567-582, September.
    3. Faroek Lazrak & Peter Nijkamp & Piet Rietveld & Jan Rouwendal, 2014. "The market value of cultural heritage in urban areas: an application of spatial hedonic pricing," Journal of Geographical Systems, Springer, vol. 16(1), pages 89-114, January.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. George Halkos & Panagiotis Stavros Aslanidis & Angelos Plataniotis & Phoebe Koundouri, 2024. "Evaluating the Tangible and Intangible Parameters of Cultural Heritage: An Economic Meta-Analysis in a Global Context," DEOS Working Papers 2413, Athens University of Economics and Business.
    2. Jagoda Adamus, 2023. "How Much Are Public Spaces Worth? Non-Market Valuation Methods in Valuing Public Spaces," Gospodarka Narodowa. The Polish Journal of Economics, Warsaw School of Economics, issue 2, pages 66-89.
    3. Wright, William C.C. & Eppink, Florian V., 2016. "Drivers of heritage value: A meta-analysis of monetary valuation studies of cultural heritage," Ecological Economics, Elsevier, vol. 130(C), pages 277-284.
    4. Mikolaj Stanek & Alberto Veira, 2012. "Ethnic niching in a segmented labour market: Evidence from Spain," Migration Letters, Migration Letters, vol. 9(3), pages 249-262, September.
    5. K. Willis & J. Snowball & C. Wymer & José Grisolía, 2012. "A count data travel cost model of theatre demand using aggregate theatre booking data," Journal of Cultural Economics, Springer;The Association for Cultural Economics International, vol. 36(2), pages 91-112, May.
    6. Wende Wang & Mozhuang Fu & Qingwu Hu, 2020. "The Behavioral Pattern of Chinese Public Cultural Participation in Museums," Sustainability, MDPI, vol. 12(7), pages 1-22, April.
    7. Korpi, Martin & Hedberg, Charlotta & Pettersson, Katarina, 2013. "Immigrant Women and Entrepreneurship: A Study of the Health Care Sector in Sweden, 2002-2006," SULCIS Working Papers 2013:3, Stockholm University, Linnaeus Center for Integration Studies - SULCIS.
    8. Douglas S. Noonan & Ilde Rizzo, 2017. "Economics of cultural tourism: issues and perspectives," Journal of Cultural Economics, Springer;The Association for Cultural Economics International, vol. 41(2), pages 95-107, May.
    9. Atalel Wubalem & Teshale Woldeamanuel & Zerihun Nigussie, 2023. "Economic Valuation of Lake Tana: A Recreational Use Value Estimation through the Travel Cost Method," Sustainability, MDPI, vol. 15(8), pages 1-20, April.
    10. Mario A. Fernandez & Shane L. Martin, 2020. "What’s so special about character?," Urban Studies, Urban Studies Journal Limited, vol. 57(16), pages 3236-3251, December.
    11. Zhou, Long & Li, Yixin & Cheng, Jialin & Qin, Yu & Shen, Guoqiang & Li, Bin & Yang, Huajie & Li, Sihong, 2023. "Understanding the aesthetic perceptions and image impressions experienced by tourists walking along tourism trails through continuous cityscapes in Macau," Journal of Transport Geography, Elsevier, vol. 112(C).
    12. Aleksandra Wiśniewska & Ewa Zawojska & Andrea Baldin & Joanna Rachubik, 2023. "Reliability of international benefit transfer in cultural economics: Non-market valuation of theater in Denmark and Poland," Working Papers 2023-19, Faculty of Economic Sciences, University of Warsaw.
    13. Karol Król & Robert Kao & Józef Hernik, 2019. "The Scarecrow as an Indicator of Changes in the Cultural Heritage of Rural Poland," Sustainability, MDPI, vol. 11(23), pages 1-23, December.
    14. Michael Getzner, 2020. "Spatially Disaggregated Cultural Consumption: Empirical Evidence of Cultural Sustainability from Austria," Sustainability, MDPI, vol. 12(23), pages 1-19, December.
    15. Anna Alberini & Alberto Longo, 2009. "Valuing the Cultural Monuments of Armenia: Bayesian Updating of Prior Beliefs in Contingent Valuation," Environment and Planning A, , vol. 41(2), pages 441-460, February.
    16. Tadahiro Okuyama, 2023. "A simultaneous valuation model on positive and negative tourism benefits under suppressed consumption," Tourism Economics, , vol. 29(5), pages 1391-1404, August.
    17. Armbrecht, John, 2014. "Use value of cultural experiences: A comparison of contingent valuation and travel cost," Tourism Management, Elsevier, vol. 42(C), pages 141-148.
    18. Ulrich B. Morawetz & H. Allen Klaiber, 2022. "Does housing policy impact income sorting near urban amenities? Evidence from Vienna, Austria," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 69(2), pages 411-454, October.
    19. Richard Melstrom, 2014. "Valuing historic battlefields: an application of the travel cost method to three American Civil War battlefields," Journal of Cultural Economics, Springer;The Association for Cultural Economics International, vol. 38(3), pages 223-236, August.
    20. Michael Stoll & Edwin Melendez & Abel Valenzuela, 2002. "Spatial Job Search and Job Competition Among Immigrant and Native Groups in Los Angeles," Regional Studies, Taylor & Francis Journals, vol. 36(2), pages 97-112.

    More about this item

    Keywords

    Willingnesstopay; Tangible cultural heritage; Intangible cultural heritage; Meta-regression analysis; Benefit transfer; Value transfer;
    All these keywords.

    JEL classification:

    • Z1 - Other Special Topics - - Cultural Economics
    • Z18 - Other Special Topics - - Cultural Economics - - - Public Policy
    • C5 - Mathematical and Quantitative Methods - - Econometric Modeling
    • Q53 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Air Pollution; Water Pollution; Noise; Hazardous Waste; Solid Waste; Recycling
    • Q5 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:aue:wpaper:2407. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Ekaterini Glynou (email available below). General contact details of provider: https://edirc.repec.org/data/diauegr.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.