Mining Rehabilitation Planning, Mining Heritage Tourism, Benefits and Contingent Valuation
AbstractThis article approaches the values underpinning derelict mining rehabilitation plans, their assessment in monetary terms, and reviews the empirical studies literature on this theme. The paper correspondingly contains four main aims. The first involves putting into perspective the thematic content on the rehabilitation of derelict and depressed mining areas, transforming them into mining heritage tourism products designed to trigger sustainable regional development. The second aim, concerns defining the range of benefits and values potentially arising. The third seeks to demonstrate and discuss why and how the theoretical frameworks of Total Economic Value (TEV) and economic valuation, taken together with the contingent valuation approach, enable the monetary estimation of the range of non-market individual values, through eliciting the individual’s willingness to pay (WTP) for the rehabilitation. And the fourth objective incorporates reviewing the literature on empirical studies estimating the monetary values of mining rehabilitation plans through recourse to the Contingent Valuation (CV) approach. We proceed by demonstrating that TEV, the economic valuation concept and CV are approaches appropriate to estimating the aforementioned benefits; we defend their utility as important inputs to raising the efficiency of political decision making processes and ensure local populations actively comply and participate in the rehabilitation process. Finally, we conclude that the empirical studies hitherto applied for estimating the monetary values of mining rehabilitation and remediation through recourse to CV remain very few despite the fact that this estimation type is increasingly recognised as an important tool in decision making processes on the rehabilitation of industrial cultural heritage in general, and mining heritage in particular.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by Socius, Socio-Economics Research Centre at the School of Economics and Management (ISEG) of the Technical University of Lisbon in its series Working Papers with number wp032013.
Date of creation: Mar 2013
Date of revision:
Contact details of provider:
Postal: R. Miguel Lupi, 20, 1249-078 LISBOA
Fax: +351-213 925 850
Web page: http://pascal.iseg.utl.pt/~socius/home.html
More information through EDIRC
Mining; Rehabilitation; Benefits; Cultural Heritage; Tourism; Contingent Valuation;
Find related papers by JEL classification:
- R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
- O29 - Economic Development, Technological Change, and Growth - - Development Planning and Policy - - - Other
- L83 - Industrial Organization - - Industry Studies: Services - - - Sports; Gambling; Recreation; Tourism
- Q53 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Air Pollution; Water Pollution; Noise; Hazardous Waste; Solid Waste; Recycling
- L72 - Industrial Organization - - Industry Studies: Primary Products and Construction - - - Mining, Extraction, and Refining: Other Nonrenewable Resources
This paper has been announced in the following NEP Reports:
- NEP-ALL-2013-05-11 (All new papers)
- NEP-CUL-2013-05-11 (Cultural Economics)
- NEP-TUR-2013-05-11 (Tourism Economics)
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Douglas Noonan, 2003. "Contingent Valuation and Cultural Resources: A Meta-Analytic Review of the Literature," Journal of Cultural Economics, Springer, vol. 27(3), pages 159-176, November.
- Peter Bohm, 1972. "Estimating the demand for public goods: An experiment," Framed Field Experiments 00126, The Field Experiments Website.
- Lambert, David K. & Shaw, W. Douglass, 2000. "Agricultural And Recreational Impacts From Surface Flow Changes Due To Gold Mining Operations," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 25(02), December.
- Carson, Richard T & Wilks, Leanne & Imber, David, 1994. "Valuing the Preservation of Australia's Kakadu Conservation Zone," Oxford Economic Papers, Oxford University Press, vol. 46(0), pages 727-49, Supplemen.
- Randall, Alan & Ives, Berry & Eastman, Clyde, 1974. "Bidding games for valuation of aesthetic environmental improvements," Journal of Environmental Economics and Management, Elsevier, vol. 1(2), pages 132-149, August.
- Paul R. Portney, 1994. "The Contingent Valuation Debate: Why Economists Should Care," Journal of Economic Perspectives, American Economic Association, vol. 8(4), pages 3-17, Fall.
- Bohm, Peter, 1972. "Estimating demand for public goods: An experiment," European Economic Review, Elsevier, vol. 3(2), pages 111-130.
- Strong, Aaron & Flores, Nicholas E., 2008. "Estimating the economic benefits of acidic rock drainage clean up using cost shares," Ecological Economics, Elsevier, vol. 65(2), pages 348-355, April.
- Schlapfer, Felix, 2009. "Contingent valuation: confusions, problems, and solutions," Ecological Economics, Elsevier, vol. 68(6), pages 1569-1571, April.
- Michael Ahlheim & Oliver Frör & Ulrike Lehr & Gerhard Wagenhals & Ursula Wolf, 2004. "Contingent Valuation of Mining Land Reclamation in East Germany," Diskussionspapiere aus dem Institut fÃ¼r Volkswirtschaftslehre der UniversitÃ¤t Hohenheim 245/2004, Department of Economics, University of Hohenheim, Germany.
- Gert-Jan Hospers, 2002. "Industrial Heritage Tourism and Regional Restructuring in the European Union," European Planning Studies, Taylor and Francis Journals, vol. 10(3), pages 397-404, April.
- Douglas Noonan, 2003. "Contingent Valuation Studies in the Arts and Culture: An Annotated Bibliography," Working Papers 0304, Harris School of Public Policy Studies, University of Chicago.
- Trigg, Andrew B. & Richard Dubourg, W., 1993. "Valuing the environmental impacts of opencast coal mining in the UK : The case of the Trent Valley in North Staffordshire," Energy Policy, Elsevier, vol. 21(11), pages 1110-1122, November.
- Turner, R. Kerry & Paavola, Jouni & Cooper, Philip & Farber, Stephen & Jessamy, Valma & Georgiou, Stavros, 2003. "Valuing nature: lessons learned and future research directions," Ecological Economics, Elsevier, vol. 46(3), pages 493-510, October.
- Willis, K. G. & Garrod, G. D., 1999. "Externalities from extraction of aggregates: Regulation by tax or land-use controls," Resources Policy, Elsevier, vol. 25(2), pages 77-86, June.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Mónica Fraga).
If references are entirely missing, you can add them using this form.