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The Value of Cultural Heritage

In: Economic Perspectives on Cultural Heritage

Author

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  • Arjo Klamer

Abstract

Facing a windmill, one Dutchman will see an obstacle to progress that can be removed at small expense and another a heritage of Dutch culture that has to be saved at all expense. Such is the hallmark of modern life. Perspectives differ, values diverge. The value of cultural heritage is in the eye of the beholder. The question posed by this chapter is how economists are to behold the phenomenon.

Suggested Citation

  • Arjo Klamer, 1997. "The Value of Cultural Heritage," Palgrave Macmillan Books, in: Michael Hutter & Ilde Rizzo (ed.), Economic Perspectives on Cultural Heritage, chapter 5, pages 74-87, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-25824-6_5
    DOI: 10.1007/978-1-349-25824-6_5
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    Cited by:

    1. Calogero Guccio & Domenico Lisi & Anna Mignosa & Ilde Rizzo, 2018. "Does cultural heritage monetary value have an impact on visits? An assessment using official Italian data," Tourism Economics, , vol. 24(3), pages 297-318, May.
    2. Karin Sable & Robert Kling, 2001. "The Double Public Good: A Conceptual Framework for ``Shared Experience'' Values Associated with Heritage Conservation," Journal of Cultural Economics, Springer;The Association for Cultural Economics International, vol. 25(2), pages 77-89, May.

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