Does cultural heritage monetary value have an impact on visits? An assessment using official Italian data

Calogero Guccio (), Domenico Lisi, Anna Mignosa and Ilde Rizzo
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Anna Mignosa: University of Catania, Italy

Tourism Economics, 2018, vol. 24, issue 3, 297-318

Abstract: In this article, we try to investigate which factors affect the visits to cultural heritage (CH), using Italy as a case study. We adopt a broad definition of CH including archaeological and historical sites, historical buildings and museums, focusing our attention on State CH. In our empirical analysis, we use a rather innovative indicator of CH value, that is, the monetary value of State CH, officially provided by the Ministry of Economy and Finance. Using these data, this article aims at evaluating if such monetary value has a significant role in stimulating visits to cultural sites for the years 1996–2010. We also control for other factors potentially affecting the number of visits to cultural sites, such as alternative tourist attractors and the regional performance in the tourism sector. To the best of our knowledge, this is the first study that attempts to investigate the effect of CH monetary value on cultural participation.

Keywords: cultural heritage; cultural visitors; monetary value; tourist arrivals (search for similar items in EconPapers)
Date: 2018
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Citations: View citations in EconPapers (5)

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Persistent link: https://EconPapers.repec.org/RePEc:sae:toueco:v:24:y:2018:i:3:p:297-318

DOI: 10.1177/1354816618758729

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