Reliability of international benefit transfer in cultural economics: Non-market valuation of theater in Denmark and Poland
Aleksandra Wiśniewska (),
Andrea Baldin and
Additional contact information
Aleksandra Wiśniewska: University of Warsaw, Faculty of Economic Sciences
Andrea Baldin: Ca’Foscari Univeristy of Venice, Copenhagen Business School
No 2023-19, Working Papers from Faculty of Economic Sciences, University of Warsaw
Cultural goods provide numerous non-market benefits to society. Estimates of the benefits are needed for benefit-cost analyses, helping to inform cultural policy decisions and aiming at the efficient allocation of public funds. The non-market benefits cannot be assessed through market transactions. While original non-market valuation studies require substantial budgets and time, a benefit transfer approach offers an alternative. It enables the application of empirical estimates from existing original studies conducted at one site to approximate the value at another site. This study provides the first international benefit transfer for performing arts and examines the reliability of various benefit transfer approaches. We use empirical data from two separate stated preference valuation surveys conducted in Denmark and in Poland. Our results suggest that the benefit function transfer accounting for differences in purchasing power parity between the countries can generate transfer errors as low as 3-6%, indicating high reliability of the transferred values.
Keywords: international benefit transfer; performing arts; contingent valuation; discrete choice experiment; transfer errors (search for similar items in EconPapers)
JEL-codes: D61 H40 Z11 Z18 (search for similar items in EconPapers)
Pages: 41 pages
New Economics Papers: this item is included in nep-dcm and nep-tra
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed
Downloads: (external link)
https://www.wne.uw.edu.pl/download_file/3096/0 First version, 2023 (application/pdf)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:war:wpaper:2023-19
Access Statistics for this paper
More papers in Working Papers from Faculty of Economic Sciences, University of Warsaw Contact information at EDIRC.
Bibliographic data for series maintained by Marcin Bąba ().