Cultural Heritage and the Attractiveness of Cities: Evidence from Recreation Trips

Ruben van Loon, Tom Gosens and Jan Rouwendal
Additional contact information
Ruben van Loon: VU University Amsterdam
Tom Gosens: VU University Amsterdam

No 14-049/VIII, Tinbergen Institute Discussion Papers from Tinbergen Institute

Abstract: This discussion paper resulted in a publication in the 'Journal of Cultural Economics' .

Many cities are trying to attract tourists by investing in urban amenities. Cultural heritage is an important example and substantial investments are needed to keep ancient inner cities and characteristic monumental buildings in good shape. The costs of these policies are usually clear, the benefits are often much more difficult to assess. This paper attempts to fill part of this gap by studying the destination choices of urban recreation trips that have urban recreation as the main travel motive. We estimate a discrete choice model for destination choice that takes into account the potential importance of unobserved characteristics. The model allows us to compute the marginal willingness to travel for destinations offering more cultural heritage, which we measure as the area of the inner city that has a protected status because of the cultural heritage that is present there.

Keywords: Cultural heritage; recreation; city marketing (search for similar items in EconPapers)
JEL-codes: C31 D12 L83 R12 R22 (search for similar items in EconPapers)
Date: 2014-04-28
New Economics Papers: this item is included in nep-cul, nep-dcm, nep-tur and nep-ure
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

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https://papers.tinbergen.nl/14049.pdf (application/pdf)

Related works:
Journal Article: Cultural heritage and the attractiveness of cities: evidence from recreation trips (2014)
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Persistent link: https://EconPapers.repec.org/RePEc:tin:wpaper:20140049

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