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Cultural heritage and economic development: measuring sustainability over time

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  • Galluccio, Carla
  • Giambona, Francesca

Abstract

This study investigates the role of museums and cultural heritage in local development, highlighting their ability to attract tourists, generate revenue, and promote inclusion and cultural diversity. According to traditional economic theory, cultural heritage provides positive externalities, enhancing employment and improving human and social capital, all while adhering to principles of sustainability. In this context, the Italian Survey on Museums and Other Cultural Institutions offers extensive data on heritage conservation, accessibility, and visitor services. Utilising this longitudinal data, we conduct a latent transition analysis to examine the evolution of the Italian museum sector with a focus on regional differences and museums’ dimension. Our findings classify Italian museums into three homogeneous sustainability states. Additionally, museum size positively affects both the initial and transition probabilities, while the macro-area significantly influences only the initial probability.

Suggested Citation

  • Galluccio, Carla & Giambona, Francesca, 2024. "Cultural heritage and economic development: measuring sustainability over time," Socio-Economic Planning Sciences, Elsevier, vol. 95(C).
    • Handle: RePEc:eee:soceps:v:95:y:2024:i:c:s0038012124001976
    DOI: 10.1016/j.seps.2024.101998
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    References listed on IDEAS

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    1. Pier Luigi Sacco & Guido Ferilli & Giorgio Tavano Blessi, 2018. "From Culture 1.0 to Culture 3.0: Three Socio-Technical Regimes of Social and Economic Value Creation through Culture, and Their Impact on European Cohesion Policies," Sustainability, MDPI, vol. 10(11), pages 1-23, October.
    2. Izabela Luiza Pop & Anca Borza, 2016. "Factors Influencing Museum Sustainability and Indicators for Museum Sustainability Measurement," Sustainability, MDPI, vol. 8(1), pages 1-22, January.
    3. Jen D. Snowball, 2013. "The economic, social and cultural impact of cultural heritage: methods and examples," Chapters, in: Ilde Rizzo & Anna Mignosa (ed.), Handbook on the Economics of Cultural Heritage, chapter 22, pages i-i, Edward Elgar Publishing.
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    Cited by:

    1. Gómez-Zapata, Jonathan Daniel & Del Barrio-Tellado, María José & Espinosa-Casero, Fátima & Herrero-Prieto, Luis César, 2024. "I like participatory museums but, how much? Embedding demand-side value in assessing strategies," Socio-Economic Planning Sciences, Elsevier, vol. 96(C).
    2. Paola Beccherle & Luciana Lazzeretti & Stefania Oliva, 2024. "Exploring the Interplay of Museum and City Reputation: Insights from the Uffizi Case Study," Working Papers - Business wp2024_02.rdf, Universita' degli Studi di Firenze, Dipartimento di Scienze per l'Economia e l'Impresa.

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