Artikel
Cost-benefit analysis in the evaluation of cultural heritage project funding
Cultural heritage has, for a long time, been considered a source of wealth and well-being for economies. Currently, considerable investments have been allocated for its renewal and maintenance that often surpass the budgets of owners, local communities, and other interested users. Cultural heritage valorisation is expensive and is a great economic challenge. Infrastructural investment, i.e., conservation and restoration, are just one part of the total costs of cultural heritage preservation, while other investments relate to regular operation and maintenance. One of the most difficult decisions for those who design the cultural heritage restoration projects is how to finance them, i.e., what the most efficient financial instruments are for renewal of cultural heritage. These assumptions have instigated interest in the evaluation of services resulting from common good functions of cultural heritage, such as economic, educational, historical, technological, ecological, and climate, as well as tourism and recreational. Therefore, this article starts from the analysis of potential funding sources for cultural heritage through the European Union (EU) funds; a method of economic evaluation of the return on investments and cost-benefit analysis is suggested as a method that should be used in decision making on these interventions.
- Sprache
-
Englisch
- Erschienen in
-
Journal: Journal of Risk and Financial Management ; ISSN: 1911-8074 ; Volume: 14 ; Year: 2021 ; Issue: 10 ; Pages: 1-21 ; Basel: MDPI
- Klassifikation
-
Wirtschaft
- Thema
-
cost-benefit analysis
cultural heritage
cultural heritage projects
economic analysis
EU funds
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Tišma, Sanja
Mileusnić Škrtić, Mira
Maleković, Sanja
Jelinčić, Daniela Angelina
- Ereignis
-
Veröffentlichung
- (wer)
-
MDPI
- (wo)
-
Basel
- (wann)
-
2021
- DOI
-
doi:10.3390/jrfm14100466
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:45 MEZ
Datenpartner
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Artikel
Beteiligte
- Tišma, Sanja
- Mileusnić Škrtić, Mira
- Maleković, Sanja
- Jelinčić, Daniela Angelina
- MDPI
Entstanden
- 2021
Ähnliche Objekte (12)
Cost-Benefit Analysens Velfærdsteoretiske Basis
Cost-Benefit Analysens Vurderings- og Identifikationsproblemer
Cost-Benefit Analysis and Procedural Values
Neurobiology of Cost-Benefit Decision Making
Risk–benefit and cost–benefit ratio in headache treatment
Equitable cost-benefit analysis of climate change
Cost-Benefit Analysis and the Democratic Ideal
Bequests, Control Rights, and Cost-Benefit Analysis
Cost-benefit analysis of the community patent
Contingent Valuation Surveys and Cost-benefit Analyses
Dutch politicians’ use of cost–benefit analysis
Cost-benefit analysis of aquaculture breeding programs
Cost-Benefit Analysens Velfærdsteoretiske Basis
Cost-Benefit Analysens Vurderings- og Identifikationsproblemer
Cost-Benefit Analysis and Procedural Values
Neurobiology of Cost-Benefit Decision Making
Risk–benefit and cost–benefit ratio in headache treatment
Equitable cost-benefit analysis of climate change
Cost-Benefit Analysis and the Democratic Ideal
Bequests, Control Rights, and Cost-Benefit Analysis
Cost-benefit analysis of the community patent
Contingent Valuation Surveys and Cost-benefit Analyses
Dutch politicians’ use of cost–benefit analysis
Cost-benefit analysis of aquaculture breeding programs
Cost-Benefit Analysens Velfærdsteoretiske Basis
Cost-Benefit Analysens Vurderings- og Identifikationsproblemer
Cost-Benefit Analysis and Procedural Values
Neurobiology of Cost-Benefit Decision Making
Risk–benefit and cost–benefit ratio in headache treatment
Equitable cost-benefit analysis of climate change
Cost-Benefit Analysis and the Democratic Ideal
Bequests, Control Rights, and Cost-Benefit Analysis
Cost-benefit analysis of the community patent
Contingent Valuation Surveys and Cost-benefit Analyses
Dutch politicians’ use of cost–benefit analysis