مجلة بحوث الإدارة والاقتصاد
Volume 6, Numéro 1, Pages 913-930
2024-03-15

Economic Evaluation Of Cultural Heritage: Challenges And Methodological Approaches

Authors : Benali Abdelghani . Zouda Ammar . Hellal Abdesselam .

Abstract

This study addresses the ongoing debate surrounding the economic evaluation of cultural heritage to explore the challenges and complex aspects related to estimating the economic value of cultural heritage. The research encompasses various methodologies such as hedonic pricing, contingent valuation, and the economic impact method to comprehend the relationship between economic and cultural value of heritage. The study aims to provide a comprehensive perspective on the concept of cultural heritage as a cultural commodity and how to measure and assess its economic value, thereby contributing to the guidance of cultural policies and relevant decision-making.

Keywords

Cultural Heritage, Cultural good, Cultural value, Economic value.