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What Is Historic Integrity Worth to the General Public? Evidence from a Proposed Relocation of a West Virginia Agricultural Mill


  • Maskey, Vishakha
  • Brown, Cheryl
  • Collins, Alan R.
  • Nassar, Hala F.


While historians believe that preserving a historic building in its original location is important to maintain its historic integrity, the general publicÂ’s opinion is unknown. Survey data were gathered from local residents regarding a proposed relocation of a historic mill in rural West Virginia. Only a minority of the sample population supported preserving the mill at its original location. Willingness to pay for preservation was estimated at $8.45 for a one-time donation for the sample and $2.29 after adjusting for non-respondents using characteristics of the local population.

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  • Maskey, Vishakha & Brown, Cheryl & Collins, Alan R. & Nassar, Hala F., 2007. "What Is Historic Integrity Worth to the General Public? Evidence from a Proposed Relocation of a West Virginia Agricultural Mill," Agricultural and Resource Economics Review, Northeastern Agricultural and Resource Economics Association, vol. 36(1), April.
  • Handle: RePEc:ags:arerjl:10165

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    References listed on IDEAS

    1. Walter Santagata & Giovanni Signorello, 2002. "Individual Preferences and Allocation Mechanisms for a Cultural Public Good: ‘Napoli Musei Aperti'," Chapters,in: Valuing Cultural Heritage, chapter 14 Edward Elgar Publishing.
    2. Arabmazar, Abbas & Schmidt, Peter, 1982. "An Investigation of the Robustness of the Tobit Estimator to Non-Normality," Econometrica, Econometric Society, vol. 50(4), pages 1055-1063, July.
    3. Peter V. Schaeffer & Cecily Ahern Millerick, 1991. "The Impact of Historic District Designation on Property Values: An Empirical Study," Economic Development Quarterly, , vol. 5(4), pages 301-312, November.
    4. Pate, Jennifer & Loomis, John, 1997. "The effect of distance on willingness to pay values: a case study of wetlands and salmon in California," Ecological Economics, Elsevier, vol. 20(3), pages 199-207, March.
    5. Robin M. Leichenko & N. Edward Coulson & David Listokin, 2001. "Historic Preservation and Residential Property Values: An Analysis of Texas Cities," Urban Studies, Urban Studies Journal Limited, vol. 38(11), pages 1973-1987, October.
    6. Pagan, Adrian & Vella, Frank, 1989. "Diagnostic Tests for Models Based on Individual Data: A Survey," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 4(S), pages 29-59, Supplemen.
    7. Trine Bille, 2002. "A Contingent Valuation Study of the Royal Theatre in Copenhagen," Chapters,in: Valuing Cultural Heritage, chapter 13 Edward Elgar Publishing.
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