IDEAS home Printed from https://ideas.repec.org/a/hpe/journl/y2006v178i3p113-133.html
   My bibliography  Save this article

Valoración de bienes públicos relativos al patrimonio cultural. Aplicación comparada de métodos de estimación y análisis de segmentación de demanda

Author

Listed:
  • José Angel Sanz Lara

    (Universidad de Valladolid)

  • Luis César Herrero Prieto

    (Universidad de Valladolid)

Abstract

The valuation of non-market goods is an increasingly widespread subject of study in economic analysis, both in terms of theoretical contributions and empirical applications. Analysis of natural resources has long engaged scholars’ attention, although growing interest is focusing on assets linked to cultural heritage. We establish various objectives in this article. Firstly, using the contingent valuation method, we aim to estimate the economic value of an enclosed prototype of cultural heritage, the National Sculpture Museum at Valladolid. Secondly we carry out a comparative application of three statistical estimation methods; non-parametric, parametric and semiparametric for checking result robustness. Finally, we perform a segmentation analysis of the willingness to pay shown by individuals dependant upon differing socio-demographic characteristics so as to classify possible payment profiles. These results may provide useful information concerning the maximum amounts, which might be paid in the form of donation quotas, an issue drawing increasing interest in the current context of change regarding the financing of new museums and other similar public institutions through legislation governing foundations and nonprofit organizations.

Suggested Citation

  • José Angel Sanz Lara & Luis César Herrero Prieto, 2006. "Valoración de bienes públicos relativos al patrimonio cultural. Aplicación comparada de métodos de estimación y análisis de segmentación de demanda," Hacienda Pública Española / Review of Public Economics, IEF, vol. 178(3), pages 113-133, September.
  • Handle: RePEc:hpe:journl:y:2006:v:178:i:3:p:113-133
    as

    Download full text from publisher

    File URL: https://www.ief.es/comun/Descarga.cshtml?ruta=~/docs/destacados/publicaciones/revistas/hpe/178_Art5.pdf
    Download Restriction: no
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. M. Belén Prados-Peña & M. Lourdes Gutiérrez-Carrillo & Salvador Del Barrio-García, 2019. "The Development of Loyalty to Earthen Defensive Heritage as a Key Factor in Sustainable Preventive Conservation," Sustainability, MDPI, vol. 11(13), pages 1-19, June.

    More about this item

    Keywords

    Cultural economics; valuation of public goods; contingent valuation; statistical estimation methods.;
    All these keywords.

    JEL classification:

    • H41 - Public Economics - - Publicly Provided Goods - - - Public Goods
    • D60 - Microeconomics - - Welfare Economics - - - General
    • C14 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Semiparametric and Nonparametric Methods: General
    • Z10 - Other Special Topics - - Cultural Economics - - - General

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:hpe:journl:y:2006:v:178:i:3:p:113-133. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Miguel Gómez de Antonio (email available below). General contact details of provider: https://edirc.repec.org/data/iefgves.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.