<abstract xmlns="http://www.w3.org/1999/xhtml"><p>Heritage buildings incorporate multiple values (architectural, historical, cultural, aesthetic, social, symbolic, authenticity value) to which the economic one (they can be used as commercial and residential spaces, or it can offer cultural experiences for tourists) is added. The cultural services generated by the heritage properties are also used by the local population. The aim of this paper is to analyse the economic values of use and non-use of heritage properties in the central area of Ploieşti Municipality. The authors used the contingent valuation method to identify the non-used economic value. The economic use value of heritage properties was estimated by using the hedonic price method (e.g. expressed in accessibility from homes to shops on foot). Moreover, the economic value was evaluated using the indicator types of use of the heritage buildings. The results obtained by using the non-market valuation highlight the economic potential of the heritage properties located in the central area of Ploieşti city.</p></abstract>

Heritage buildings incorporate multiple values (architectural, historical, cultural, aesthetic, social, symbolic, authenticity value) to which the economic one (they can be used as commercial and residential spaces, or it can offer cultural experiences for tourists) is added. The cultural services generated by the heritage properties are also used by the local population. The aim of this paper is to analyse the economic values of use and non-use of heritage properties in the central area of Ploieşti Municipality. The authors used the contingent valuation method to identify the non-used economic value. The economic use value of heritage properties was estimated by using the hedonic price method (e.g. expressed in accessibility from homes to shops on foot). Moreover, the economic value was evaluated using the indicator types of use of the heritage buildings. The results obtained by using the non-market valuation highlight the economic potential of the heritage properties located in the central area of Ploieşti city.

Evaluation of the Economic Values of Urban Heritage in the Central Area of Ploieşti Municipality

International conference KNOWLEDGE-BASED ORGANIZATION

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.

Heritage buildings incorporate multiple values (architectural, historical, cultural, aesthetic, social, symbolic, authenticity value) to which the economic one...

Evaluation of the Economic Values of Urban Heritage in the Central Area of Ploieşti Municipality

Publicado en línea: 20 jul 2020

Páginas: 58 - 62

DOI: https://doi.org/10.2478/kbo-2020-0053

Palabras clave
cultural heritage, conservation, non-market valuation, contingent valuation method, hedonic price model

© 2020 Florentina-Cristina Merciu et al., published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.

Evaluation of the Economic Values of Urban Heritage in the Central Area of Ploieşti Municipality

Publicado en línea: 20 jul 2020

Páginas: 58 - 62

DOI: https://doi.org/10.2478/kbo-2020-0053

Palabras clavecultural heritage, conservation, non-market valuation, contingent valuation method, hedonic price model

© 2020 Florentina-Cristina Merciu et al., published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.

Palabras clave
cultural heritage, conservation, non-market valuation, contingent valuation method, hedonic price model