Economic Valuation of Cultural Heritage: A Case Study of Historic Temples in Thailand
This study looks at how conservation of Thailand's ancient temple heritage might be financed. Using information from contingent valuation and choice modeling exercises involving 500 households in Bangkok, it assesses how much Thais would be willing to pay for a conservation program to safeguard ten at-risk temple sites. It also looks at the main elements of such a temple conservation program to see which are most highly prized. It finds that, on average, individuals would be willing to make a one-time payment of 200 Baht (USD5.30), either as a tax surcharge or as a voluntary donation to finance the conservation program. Extrapolating these results nationally, this would generate more than enough money to finance a temple conservation program. The study also proposes the main elements of a national program to preserve historic temples in Thailand. Local communities and the private sector (in regions where historic temples are located) are highlighted as the key players in any such initiative.
|Date of creation:||Dec 2006|
|Date of revision:||Dec 2006|
|Contact details of provider:|| Web page: http://www.eepsea.org|
More information through EDIRC
When requesting a correction, please mention this item's handle: RePEc:eep:report:rr2006124. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Arief Anshory yusuf)
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.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with 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 profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.