What is the value of world heritage status for a German national park? A choice experiment from Jasmund, 1 year after inscription
David Wuepper
Tourism Economics, 2017, vol. 23, issue 5, 1114-1123
Abstract:
There is an ongoing debate about whether World Heritage (WH) status has a significant tourism value. However, Su and Lin and Wuepper and Patry argue that the better question is which sites benefit and suggest a general pattern. In both studies, it is argued that in addition to broad regional trends, more remote and less famous destinations benefit most. We test this statement with a choice experiment at a small, remote, national park in northeast Germany. We find a per-person increase in willingness to pay of €4.70 which translates into an overall value increase of €3.8 million annually. Additionally, 9% of the visitors report they only know of the park because of the media coverage of its WH inscription and 15% report to have been convinced about the park’s quality by its WH status.
Keywords: choice experiment; German national park; United Nations Educational; Scientific and Cultural Organization world heritage (search for similar items in EconPapers)
Date: 2017
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Citations: View citations in EconPapers (7)
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Persistent link: https://EconPapers.repec.org/RePEc:sae:toueco:v:23:y:2017:i:5:p:1114-1123
DOI: 10.1177/1354816616655958
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