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  1. <<Die>> schönsten Bauwerke der Menschheit
    Published: [2020]
    Publisher:  Dorling Kindersley Verlag GmbH, München

  2. The market value of listed heritage
    an urban economic application of spatial hedonic pricing
    Published: 2011
    Publisher:  Vrije Universiteit, Faculteit der Economische Wetenschappen en Bedrijskunde, Amsterdam

    The current literature often values intangibles goods as cultural heritage by applying stated preference methods. In recent years, however, the increasing availability of large (spatial) databases on real estate transactions and listed prices has... more

    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    VS 233 (2011,27)
    No inter-library loan

     

    The current literature often values intangibles goods as cultural heritage by applying stated preference methods. In recent years, however, the increasing availability of large (spatial) databases on real estate transactions and listed prices has opened up new research possibilities and has reduced various existing barriers to applications of conventional (spatial) hedonic analysis to the real estate market. This now offers a promising new avenue for further research on the economic value of cultural heritage in the context of the urban housing market. The present paper provides one of the first spatial hedonic studies that investigates the economic effects of listed heritage in particular, urban monuments and historic-cultural sites on the value of real estate in cities. In addition, this paper aims to contribute to the spatialeconometric valuation literature by providing a novel quantitative analysis of an extensive micro data set on individual housing transactions over 22 years in the Dutch city of Zaanstad. In this paper the monument status effect is analysed in two interrelated ways. First, we measure the direct effect of monument status on the market price of the houses in the relevant area concerned. Secondly, we investigate the indirect value that monuments have on nearby property. Cultural heritage ; monument status ; valuation methods ; stated preference methods ; hedonic prices ; spatial statistics ; spatial autocorrelation ; historic buildings

     

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    Content information
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 1871/24070
    Series: Serie research memoranda / Vrije Universiteit, Faculteit der Economische Wetenschappen en Bedrijskunde ; 2011,27
    Subjects: Kulturgüter; Immobilienpreis; Offenbarte Präferenzen; Hedonischer Preisindex; Niederlande; Historische Gebäude; Denkmal, Monument
    Scope: Online-Ressource (24 S., 441,37 KB), graph. Darst.