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Mining Rehabilitation Planning, Mining Heritage Tourism, Benefits and Contingent Valuation

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  • Isabel Mendes

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Abstract

This 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.

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Paper 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.

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Date of creation: Mar 2013
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Handle: RePEc:soc:wpaper:wp032013

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Keywords: Mining; Rehabilitation; Benefits; Cultural Heritage; Tourism; Contingent Valuation;

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  1. Gert-Jan Hospers, 2002. "Industrial Heritage Tourism and Regional Restructuring in the European Union," European Planning Studies, Taylor & Francis Journals, vol. 10(3), pages 397-404, April.
  2. Michael Ahlheim & Oliver Frör & Ulrike Lehr & Gerhard Wagenhals & Ursula Wolf, 2004. "Contingent Valuation of Mining Land Reclamation in East Germany," Diskussionspapiere aus dem Institut für Volkswirtschaftslehre der Universität Hohenheim 245/2004, Department of Economics, University of Hohenheim, Germany.
  3. 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.
  4. Bohm, Peter, 1972. "Estimating demand for public goods: An experiment," European Economic Review, Elsevier, vol. 3(2), pages 111-130.
  5. 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.
  6. 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.
  7. Peter Bohm, 1972. "Estimating the demand for public goods: An experiment," Framed Field Experiments 00126, The Field Experiments Website.
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  9. 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.
  10. 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.
  11. 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.
  12. Schlapfer, Felix, 2009. "Contingent valuation: confusions, problems, and solutions," Ecological Economics, Elsevier, vol. 68(6), pages 1569-1571, April.
  13. 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.
  14. 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.
  15. 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.
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