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The Preferences of Trieste Inhabitants for the Re-use of the Old Port: A Conjoint Choice Experiment

Author

Listed:
  • Jérôme Massiani

    (University of Trieste)

  • Paolo Rosato

    (University of Trieste)

Abstract

In many developed countries, abandoned (derelict or underused) industrial areas often occupy important parts of the cities. This raises issues about the possibilities of reusing these areas as well as on the conservation of industrial heritage they often entail. Conjoint Analysis (CA) can shed light on these issues as it can elicit the preferences of inhabitants for different scenarios of reuse. So far, only a limited number of applications of CA have been made on this topic. In this article, we present the results of a CA experiment on the reuse of a large, mainly abandoned, port area in Trieste (Italy) featuring buildings with some historical and industrial heritage value. Three hundred computer assisted interviews have been made on a representative sample of Trieste inhabitants, eliciting their preferences for different reuse hypotheses and building conservation scenarios. The survey explores two original topics: the impact of the time horizon of the payment (single or decennial special purpose tax) and the consideration of various mixes of future uses. The collected data have been processed using latent class and mixed logit models to explore heterogeneity among interviewees' preferences. Our findings show that, while preferences clearly emerge in favor of tourism and leisure oriented uses, preferences in terms of conservation and the impact of cost are much more difficult to measure. This difficulty persists even when specified or non specified heterogeneity is taken into account, although Mixed Logit estimate provides more convincing results.

Suggested Citation

  • Jérôme Massiani & Paolo Rosato, 2008. "The Preferences of Trieste Inhabitants for the Re-use of the Old Port: A Conjoint Choice Experiment," Working Papers 2008.74, Fondazione Eni Enrico Mattei.
  • Handle: RePEc:fem:femwpa:2008.74
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    References listed on IDEAS

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    1. Peter Boxall & Wiktor Adamowicz, 2002. "Understanding Heterogeneous Preferences in Random Utility Models: A Latent Class Approach," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 23(4), pages 421-446, December.
    2. Boter, Jaap & Rouwendal, Jan & Wedel, Michel, 2004. "Employing Travel Costs to Compare the Use Value of Competing Cultural Organizations," Serie Research Memoranda 0011, VU University Amsterdam, Faculty of Economics, Business Administration and Econometrics.
    3. Edward Morey & Kathleen Greer Rossmann, 2003. "Using Stated-Preference Questions to Investigate Variations in Willingness to Pay for Preserving Marble Monuments: Classic Heterogeneity, Random Parameters, and Mixture Models," Journal of Cultural Economics, Springer;The Association for Cultural Economics International, vol. 27(3), pages 215-229, November.
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    Cited by:

    1. repec:eee:touman:v:33:y:2012:i:4:p:825-839 is not listed on IDEAS
    2. Figini, Paolo & Vici, Laura, 2012. "Off-season tourists and the cultural offer of a mass-tourism destination: The case of Rimini," Tourism Management, Elsevier, vol. 33(4), pages 825-839.

    More about this item

    Keywords

    Land Use; Port; Trieste; Conjoint Analysis;

    JEL classification:

    • H43 - Public Economics - - Publicly Provided Goods - - - Project Evaluation; Social Discount Rate
    • R52 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - Land Use and Other Regulations
    • R10 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - General

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