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Combining the travel cost and contingent behavior methods to value cultural heritage sites: Evidence from Armenia

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  • Anna Alberini

    ()

  • Alberto Longo

Abstract

This paper combines the travel cost method (TCM) with contingent behavior questions to estimate domestic visitors’ use values for cultural heritage sites in Armenia, a transition economy in which conservation of cultural monuments is hampered by limited resources. Respondents intercepted at four cultural monuments provided information on their visitation patterns, experience at the site, perception of the state of conservation of the monuments, and rating of the quality of the services and infrastructure. We combine actual trips with stated trips under hypothetical programs that would enhance the conservation of the monuments and improve one of (i) the cultural experience at the site, (ii) the quality of the infrastructure, or (iii) the quality of the services, and use the combined actual and stated trips to fit a panel data model. Our study is one of the few applications of the TCM to value cultural heritage sites. Our investigation shows that (i) significant use values are associated with the four study monuments, and (ii) conservation programs and initiatives that improve the cultural experience, or simply make it easier for the respondent to reach and spend time at the monument, are valued by domestic visitors and would encourage higher visitation rates. Actual and intended trips reported by the respondents exhibit good construct validity, in the sense that they are well predicted by price, location, hypothetical scenario and other individual characteristics of the respondents. Copyright Springer Science+Business Media, LLC 2006

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File URL: http://hdl.handle.net/10.1007/s10824-006-9020-9
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Bibliographic Info

Article provided by Springer in its journal Journal of Cultural Economics.

Volume (Year): 30 (2006)
Issue (Month): 4 (December)
Pages: 287-304

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Handle: RePEc:kap:jculte:v:30:y:2006:i:4:p:287-304

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Web page: http://www.springerlink.com/link.asp?id=100284

Related research

Keywords: Valuation of cultural heritage sites; Non-market valuation; Travel cost; Consumer surplus; Contingent behavior; Z10;

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References

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  1. Azevedo, Christopher D. & Herriges, Joseph A. & Kling, Catherine L., 2003. "Combining Revealed and Stated Preferences: Consistency Tests and Their Interpretations," Staff General Research Papers 10173, Iowa State University, Department of Economics.
  2. Alberini, Anna & Zanatta, Valentina & Rosato, Paolo, 2007. "Combining actual and contingent behavior to estimate the value of sports fishing in the Lagoon of Venice," Ecological Economics, Elsevier, vol. 61(2-3), pages 530-541, March.
  3. W. Douglass Shaw, 2002. "Testing the Validity of Contingent Behavior Trip Responses," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 84(2), pages 401-414.
  4. Nick Hanley & Begona Alvarez-Farizo, . "Valuing the Benefits of Coastal Water Quality Improvements using Contingent and Real Behaviour," Working Papers 2002_9, Business School - Economics, University of Glasgow, revised Sep 2002.
  5. Susana Mourato & Ece Ozdemiroglu & Tannis Hett & Giles Atkinson, 2004. "Pricing Cultural Heritage," World Economics, World Economics, Economic & Financial Publishing, 1 Ivory Square, Plantation Wharf, London, United Kingdom, SW11 3UE, vol. 5(3), pages 95-113, July.
  6. Shaw, Daigee, 1988. "On-site samples' regression : Problems of non-negative integers, truncation, and endogenous stratification," Journal of Econometrics, Elsevier, vol. 37(2), pages 211-223, February.
  7. Englin, Jeffrey & Shonkwiler, J S, 1995. "Estimating Social Welfare Using Count Data Models: An Application to Long-Run Recreation Demand under Conditions of Endogenous Stratification and Truncation," The Review of Economics and Statistics, MIT Press, vol. 77(1), pages 104-12, February.
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Cited by:
  1. Dikgang, Johane & Muchapondwa, Edwin, 2013. "Conservation Fees in the Kgalagadi Transfrontier Park between Botswana and South Africa in the Presence of Land Restitution," Discussion Papers dp-13-09-efd, Resources For the Future.
  2. Eva Vicente & Pablo de Frutos, 2011. "Application of the travel cost method to estimate the economic value of cultural goods: Blockbuster art exhibitions," Hacienda Pública Española, IEF, vol. 196(1), pages 37-63, january.
  3. Rowan, Emma & Longo, Alberto, 2009. "Enriching Stakeholder participation through Environmental Valuation; Eliciting Preferences for a National Park Designation in Northern Ireland," 83rd Annual Conference, March 30-April 1, 2009, Dublin, Ireland 51071, Agricultural Economics Society.
  4. Noonan, Douglas S. & Krupka, Douglas J., 2008. "Determinants of Historic and Cultural Landmark Designation: Why We Preserve What We Preserve," IZA Discussion Papers 3777, Institute for the Study of Labor (IZA).
  5. Massimo Filippini & Giuliano Masiero & Diego Medici, 2012. "The demand for school meals: an analysis of stated choices by Swiss households," Quaderni della facoltà di Scienze economiche dell'Università di Lugano 1204, USI Università della Svizzera italiana.
  6. Lazrak, F. & Nijkamp, P. & Rietveld, P., 2009. "Cultural heritage and creative cities: an economic evaluation perspective," Serie Research Memoranda 0036, VU University Amsterdam, Faculty of Economics, Business Administration and Econometrics.

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