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Understanding The Complexity Of Assessing Cultural Heritage’S Economic Impact On The Economic Sustainability Of A Tourism Destination: The Case Of Split, Croatia

Author

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  • Ingeborg Matecic

    (University of Zagreb, Croatia, Faculty of Economics & Business)

  • Oliver Kesar

    (University of Zagreb, Croatia, Faculty of Economics & Business)

  • Danijela Ferjanic Hodak

    (University of Zagreb, Croatia, Faculty of Economics & Business)

Abstract

The purpose of this conceptual study is to define the possibilities and constraints of assessing the economic impact of tangible cultural heritage on the economic sustainability of a tourism destination. To achieve this goal, the following were critically analysed: (1) strengths and limitations of previously used assessment approaches and techniques; and (2) sustainable development indicators for urban tourism destinations that contain world-class cultural heritage sites. The case study used in this research is an urban cultural heritage site listed on the UNESCO World Heritage List, namely the Historical Complex of Split with the Palace of Diocletian, Croatia, and the associated tourism destination setting. Observational and case study methods were used. Despite all previous efforts to prevent miscalculations and develop a technique that would best suit the tangible cultural heritage valuation process, findings suggest that each cultural heritage site has unique characteristics and requires its own approach to assessing its value and impact. Moreover, such findings have further implications for the UNESCO World Heritage List and the management of World Heritage sites.

Suggested Citation

  • Ingeborg Matecic & Oliver Kesar & Danijela Ferjanic Hodak, 2022. "Understanding The Complexity Of Assessing Cultural Heritage’S Economic Impact On The Economic Sustainability Of A Tourism Destination: The Case Of Split, Croatia," Economic Thought and Practice, Department of Economics and Business, University of Dubrovnik, vol. 31(2), pages 639-662, december.
    • Handle: RePEc:avo:emipdu:v:31:y:2022:i:2:p:639-662
    DOI: 10.17818/EMIP/2022/2.14
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    References listed on IDEAS

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    1. Angels Niñerola & Maria-Victòria Sánchez-Rebull & Ana-Beatriz Hernández-Lara, 2019. "Tourism Research on Sustainability: A Bibliometric Analysis," Sustainability, MDPI, vol. 11(5), pages 1-17, March.
    2. P. Poor & Jamie Smith, 2004. "Travel Cost Analysis of a Cultural Heritage Site: The Case of Historic St. Mary's City of Maryland," Journal of Cultural Economics, Springer;The Association for Cultural Economics International, vol. 28(3), pages 217-229, August.
    3. Douglas S. Noonan, 2007. "Finding an Impact of Preservation Policies: Price Effects of Historic Landmarks on Attached Homes in Chicago, 1990-1999," Economic Development Quarterly, , vol. 21(1), pages 17-33, February.
    4. Hough, Douglas E. & Kratz, Charles G., 1983. "Can "good" architecture meet the market test?," Journal of Urban Economics, Elsevier, vol. 14(1), pages 40-54, July.
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    1. Sébastien LEFRANG, 2025. "Effets de la localisation du patrimoine culturel et naturel sur la tarification hôtelière en région Provence-Alpes-Côte d’Azur : une analyse des prix hédoniques," Region et Developpement, Region et Developpement, LEAD, Universite du Sud - Toulon Var, vol. 61, pages 161-178.

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    Keywords

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    JEL classification:

    • Z30 - Other Special Topics - - Tourism Economics - - - General
    • Z32 - Other Special Topics - - Tourism Economics - - - Tourism and Development
    • O18 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure

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