The monetary value of cultural goods: a contingent valuation study of the municipal supply of cultural goods in Lueneburg, Germany

Publikation: Arbeits- oder Diskussionspapiere und BerichteArbeits- oder Diskussionspapiere

Standard

The monetary value of cultural goods: a contingent valuation study of the municipal supply of cultural goods in Lueneburg, Germany. / Last, Anne-Kathrin.
Lüneburg: Institut für Volkswirtschaftslehre der Universität Lüneburg, 2007. (Working paper series in economics; Nr. 63).

Publikation: Arbeits- oder Diskussionspapiere und BerichteArbeits- oder Diskussionspapiere

Harvard

Last, A-K 2007 'The monetary value of cultural goods: a contingent valuation study of the municipal supply of cultural goods in Lueneburg, Germany' Working paper series in economics, Nr. 63, Institut für Volkswirtschaftslehre der Universität Lüneburg, Lüneburg.

APA

Last, A.-K. (2007). The monetary value of cultural goods: a contingent valuation study of the municipal supply of cultural goods in Lueneburg, Germany. (Working paper series in economics; Nr. 63). Institut für Volkswirtschaftslehre der Universität Lüneburg.

Vancouver

Last AK. The monetary value of cultural goods: a contingent valuation study of the municipal supply of cultural goods in Lueneburg, Germany. Lüneburg: Institut für Volkswirtschaftslehre der Universität Lüneburg. 2007. (Working paper series in economics; 63).

Bibtex

@techreport{2d813a1d78d74e88bc9ddfd0e5f0263f,
title = "The monetary value of cultural goods: a contingent valuation study of the municipal supply of cultural goods in Lueneburg, Germany",
abstract = "This paper aims to determine if the contingent valuation method (CVM) can provide valid results useful in policy-making. This will be investigated by using a CV study that captures the willingness to pay (WTP) for the municipal cultural supply in Lueneburg, Germany. In contrast to previous CV studies that included a wide range of descriptive statistics, the empirical analysis of the current study focuses on multivariate analysis to explore the factors associated with the WTP. The results reflect current hypotheses in cultural economics. Thus, higher education levels and higher income are positively correlated with higher WTP. While the results indicate a highly significant impact of non use values on the WTP for cultural goods across the different regression models, the findings for some variables differ considerably in magnitude across different regression models.",
keywords = "Economics, Cultural Goods, Contingent Valuation, Quantile Regression",
author = "Anne-Kathrin Last",
note = "Literaturverz. S. 18 - 19",
year = "2007",
language = "English",
series = "Working paper series in economics",
publisher = "Institut f{\"u}r Volkswirtschaftslehre der Universit{\"a}t L{\"u}neburg",
number = "63",
type = "WorkingPaper",
institution = "Institut f{\"u}r Volkswirtschaftslehre der Universit{\"a}t L{\"u}neburg",

}

RIS

TY - UNPB

T1 - The monetary value of cultural goods

T2 - a contingent valuation study of the municipal supply of cultural goods in Lueneburg, Germany

AU - Last, Anne-Kathrin

N1 - Literaturverz. S. 18 - 19

PY - 2007

Y1 - 2007

N2 - This paper aims to determine if the contingent valuation method (CVM) can provide valid results useful in policy-making. This will be investigated by using a CV study that captures the willingness to pay (WTP) for the municipal cultural supply in Lueneburg, Germany. In contrast to previous CV studies that included a wide range of descriptive statistics, the empirical analysis of the current study focuses on multivariate analysis to explore the factors associated with the WTP. The results reflect current hypotheses in cultural economics. Thus, higher education levels and higher income are positively correlated with higher WTP. While the results indicate a highly significant impact of non use values on the WTP for cultural goods across the different regression models, the findings for some variables differ considerably in magnitude across different regression models.

AB - This paper aims to determine if the contingent valuation method (CVM) can provide valid results useful in policy-making. This will be investigated by using a CV study that captures the willingness to pay (WTP) for the municipal cultural supply in Lueneburg, Germany. In contrast to previous CV studies that included a wide range of descriptive statistics, the empirical analysis of the current study focuses on multivariate analysis to explore the factors associated with the WTP. The results reflect current hypotheses in cultural economics. Thus, higher education levels and higher income are positively correlated with higher WTP. While the results indicate a highly significant impact of non use values on the WTP for cultural goods across the different regression models, the findings for some variables differ considerably in magnitude across different regression models.

KW - Economics

KW - Cultural Goods

KW - Contingent Valuation

KW - Quantile Regression

M3 - Working papers

T3 - Working paper series in economics

BT - The monetary value of cultural goods

PB - Institut für Volkswirtschaftslehre der Universität Lüneburg

CY - Lüneburg

ER -

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