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Please use this identifier to cite or link to this item: http://hdl.handle.net/10625/36964

Title: Valuing cultural heritage in developing countries : comparing and pooling contingent valuation and choice modelling estimates
Authors: Tuan, Tran Huu
Navrud, Stale
Keywords: CHOICE MODELING
CONTINGENT VALUATION
HISTORIC SITES AND MONUMENTS
CONSERVATION OF CULTURAL HERITAGE
ECONOMIC IMPLICATIONS
SOCIAL IMPLICATIONS
ENVIRONMENTAL PROTECTION
TOURISM
VIET NAM
Issue Date: 2006
Publisher: Springer, Dordrecht, NL
Abstract: A substantial part of the United Nation’s World Heritage Sites (WHSs) can be found in developing countries, but many of them are in a bad state. Thus, there is a need to document the social benefits of these global goods in order to justify the costs of restoration and preservation programmes (RPPs). This study adds to the scarce literature on economic benefits of WHSs in developing countries, and reduces the need to perform very uncertain benefit transfers from European or US valuation studies. We apply Contingent Valuation (CV) and Choice Modelling (CM) to estimate the social benefits of RPPs for the My Son world cultural heritage site in Vietnam; both to foreign visitors and the local residents. We then compare the estimates from the CV and CM methods, and pool the results from the two methods. The results show that both CV and CM are suited to estimating the economic benefits of preserving cultural heritage of My Son. The two methods produce very similar results, which can be interpreted as a test of convergence validity. The pooling results give evidence to show that the CV and CM models have the same underlying preference structures. Thus, these valuation models can be successfully used in cost-benefit analyses to assess the benefits to cultural heritage of measures to reduce air pollution, soil erosion, climate change and other causes to deterioration of cultural heritage sites.
URI: http://hdl.handle.net/10625/36964
Project Number: 003591
Project Title: EEPSEA (Economy and Environment Program for South East Asia) - Phase III
Appears in Collections:Journal Articles / Articles de revue
IDRC Research Results / Résultats de recherches du CRDI
2000-2009 / Années 2000-2009

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