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Cultural heritage evaluation: a reappraisal of some critical concepts involved


  • Mihaela IACOB

    (The Bucharest University of Economic Studies)

  • Felicia ALEXANDRU

    (The Bucharest University of Economic Studies)

  • Meral KAGITCI

    (The Bucharest University of Economic Studies)

  • Georgiana Camelia CREŢAN

    (The Bucharest University of Economic Studies)


    (The Bucharest University of Economic Studies)


This study aims to build a synoptic picture of the facets of the economic category called “value”, with practicality in the tangible cultural heritage field, from the point of view of a traditionally economists-specific approach: concern for the financial sustainability of any decision. Moreover, the methods from the economics literature regarding the valences of the “cultural value” concept prove the obsoleteness of the common opinion according to which the economic approach is primarily interested in financial metrics. In as much as the ultimate goal of the scientific process is to identify the most effective cultural heritage preservation and evaluation methods, the study also reflects the public-private interference in this area.

Suggested Citation

  • Mihaela IACOB & Felicia ALEXANDRU & Meral KAGITCI & Georgiana Camelia CREŢAN & Filip IORGULESCU, 2012. "Cultural heritage evaluation: a reappraisal of some critical concepts involved," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania - AGER, vol. 0(12(577)), pages 61-72, December.
  • Handle: RePEc:agr:journl:v:12(577):y:2012:i:12(577):p:61-72

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    References listed on IDEAS

    1. Edward Glaeser & Giacomo Ponzetto & Andrei Shleifer, 2007. "Why does democracy need education?," Journal of Economic Growth, Springer, vol. 12(2), pages 77-99, June.
    2. Dolton, Peter J. & Silles, Mary A., 2008. "The effects of over-education on earnings in the graduate labour market," Economics of Education Review, Elsevier, vol. 27(2), pages 125-139, April.
    3. Kevin Milligan & Enrico Moretti & Philip Oreopoulos, 2003. "Does Education Improve Citizenship? Evidence from the U.S. and the U.K," NBER Working Papers 9584, National Bureau of Economic Research, Inc.
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    Cited by:

    1. Balbi Stefano & Giupponi Carlo & Mojtahed Vahid & Olschewski Roland, 2015. "The Total Cost of Water-Related Disasters," Review of Economics, De Gruyter, vol. 66(2), pages 225-252, August.
    2. Octavian-Dragomir Jora, 2015. "Economic Freedom and Cultural Flourishing: A Praxeological Account on Value, Capital, Sustainability, and Identity," Romanian Economic Journal, Department of International Business and Economics from the Academy of Economic Studies Bucharest, vol. 18(57), pages 51-66, September.
    3. Stefano Balbi & Carlo Giupponi & Roland Olschewski & Vahid Mojtahed, 2013. "The economics of hydro-meteorological disasters: approaching the estimation of the total costs," Working Papers 2013-12, BC3.
    4. Vahid Mojtahed & Carlo Giupponi & Claudio Biscaro & Animesh K. Gain & Stefano Balbi, 2013. "Integrated Assessment of Natural Hazards and Climate-Change Adaptation: II. The SERRA Methodology," Working Papers 2013:07, Department of Economics, University of Venice "Ca' Foscari".


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