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| Rosato, Paolo; Rotaris, Lucia; Breil, Margaretha; Zanatta, Valentina. |
| Italian historical buildings require urgent and costly maintenance and restoration works, but neither the local, nor the national public administrators can afford these expenditures. Nevertheless the built cultural heritage represent a unique resource of the territory, as it embodies the local social, historical, and cultural values, generates positive externalities (Musgrave, 1959), and stimulates economic activities mainly related to tourism. Is it possible to quantify how much we care about historical buildings and to measure this value in monetary terms? The aim of this paper is to answer to this question via the hedonimetric approach. Specifically, we try to verify if the proximity to historical villas, districts, palaces, squares, fortresses,... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Cultural Heritage Externalities; Hedonic Housing Price Method; Z1; D62; Q51. |
| Ano: 2008 |
URL: http://purl.umn.edu/42917 |
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| Zanatta, Valentina; D'Alpaos, Chiara. |
| Venetian villas, which make up one of the most typical systems of historical architectural goods in the Northern Italian countryside, are a clear example of the allocation problems of merit goods management. These problems derive from the differences between the limited financial resources available and both the actual distribution of the benefits received by the public at large and the preferences expressed by the majority. In fact, the Venetian villas are risking progressive degradation from abandonment or invasive transformations due to unsuitable management politics and scarce financial resources. For this reason, the management policies regarding these merit goods must be reexamined both theoretically and in practice. Furthermore, the legal... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Community/Rural/Urban Development. |
| Ano: 2003 |
URL: http://purl.umn.edu/14415 |
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| Zanatta, Valentina; Rosato, Paolo; Alberini, Anna; Reppas, Dimitrios. |
| Speed limits were introduced in the Lagoon of Venice in 2002 to reduce wave motion, which damages environmentally sensitive areas in the broader Lagoon as well as buildings in the city of Venice. In this paper, we estimate the welfare losses experienced by recreational boaters as a result of the speed limits. We fit a single-site travel cost model to a sample of boaters intercepted as they depart from or arrive to marinas and launching ramps on the Lagoon. Our Poisson model is corrected for truncation and endogenous stratification. We construct three measures of the price per trip, which allow us to check the sensitivity of models and welfare estimates to possible measurement errors in the opportunity cost of time. Our results are robust to the measure of... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Resource /Energy Economics and Policy. |
| Ano: 2005 |
URL: http://purl.umn.edu/12222 |
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| Rosato, Paolo; Alberini, Anna; Zanatta, Valentina; Breil, Margaretha. |
| Infill redevelopment—the transformation of previously used urban sites—is generally regarded as an important way to attain environmental and urban sustainability goals. At many locales, however, such urban renewal, community development, and tax revenue goals must be reconciled with historic preservation objectives. Are economic incentives and regulatory relief useful tools for encouraging reuse of abandoned or underutilized urban sites with historic buildings? Answering this question is of key importance for many European cities and for older US cities, and has important implications in terms of urban sustainability and “smart growth” initiatives. We use conjoint choice experiments to explore the relative importance of economic incentives, regulatory... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Conjoint Choice Experiments; Real Estate Developers; Building Conservation Restrictions; Redevelopment Incentives; Brownfields; Infill Redevelopment; Z1; R52. |
| Ano: 2008 |
URL: http://purl.umn.edu/42900 |
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