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Has cultural heritage monetary value an impact on visits? An assessment using Italian official data

Author

Listed:
  • Calogero Guccio

    (Department of Economics and Business, University of Catania)

  • Domenico Lisi

    (Department of Economics and Business, University of Catania)

  • Anna Mignosa

    (Department of Economics and Business, University of Catania)

  • Ilde Rizzo

    (Department of Economics and Business, University of Catania)

Abstract

In this paper we try to investigate which factors affect the visits to Cultural Heritage (CH), using Italy as a case study. We adopt a broad definition of CH including archaeological and historical sites, historical buildings and, also, museums, focusing our attention on State CH. In our empirical analysis we use a rather innovative indicator of CH value, i.e. the monetary value of State CH, officially provided by the Ministry of Economy and Finance. Using these data, this paper aims at evaluating if such monetary value has a significant role in stimulating visits to cultural sites for the years 1996-2010. We also control for other factors potentially affecting the number of visits to cultural sites, such as alternative tourist attractors and the regional performance in the tourism sector. To the best of our knowledge, this is the first study that attempts to investigate the effect of CH monetary value on cultural participation.

Suggested Citation

  • Calogero Guccio & Domenico Lisi & Anna Mignosa & Ilde Rizzo, 2017. "Has cultural heritage monetary value an impact on visits? An assessment using Italian official data," ACEI Working Paper Series AWP-02-2017, Association for Cultural Economics International, revised Feb 2017.
    • Handle: RePEc:cue:wpaper:awp-02-2017
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    File URL: http://www.culturaleconomics.org/awp/AWP-02-2017.pdf
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    References listed on IDEAS

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    Cited by:

    1. Víctor Fernández-Blanco & Ana Rodríguez-Álvarez & Aleksandra Wiśniewska, 2019. "Measuring technical efficiency and marginal costs in the performing arts: the case of the municipal theatres of Warsaw," Journal of Cultural Economics, Springer;The Association for Cultural Economics International, vol. 43(1), pages 97-119, March.
    2. Calogero Guccio & Marco Martorana & Isidoro Mazza & Ilde Rizzo, 2021. "Back to the Future: Does the use of information and communication technology enhance the performance of public historical archives?," Journal of Cultural Economics, Springer;The Association for Cultural Economics International, vol. 45(1), pages 13-43, March.
    3. Calogero Guccio & Domenico Lisi & Marco Martorana & Anna Mignosa, 2017. "On the role of cultural participation in tourism destination performance: an assessment using robust conditional efficiency approach," Journal of Cultural Economics, Springer;The Association for Cultural Economics International, vol. 41(2), pages 129-154, May.
    4. Andrej Srakar & Eva Kodric-Dacic & Klemen Koman & Damjan Kavas, 2017. "Efficiency of Slovenian General Public Libraries: A Data Envelopment Analysis Approach," ACEI Working Paper Series AWP-07-2017, Association for Cultural Economics International, revised Sep 2017.

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    More about this item

    Keywords

    cultural heritage; monetary value; cultural visitors; tourist arrivals;
    All these keywords.

    JEL classification:

    • Z11 - Other Special Topics - - Cultural Economics - - - Economics of the Arts and Literature
    • Z18 - Other Special Topics - - Cultural Economics - - - Public Policy
    • Z32 - Other Special Topics - - Tourism Economics - - - Tourism and Development

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