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Economic Valuation of Heritage

Title: Economic Valuation of Heritage

Client: English Heritage

Year: 2014

Service area(s): economic valuation   

About the project:

eftec undertook this research to generate economic valuation evidence for the heritage benefits provided by two English Heritage sites by using the total economic value approach. A stated preference method (i.e. contingent valuation) was used to determine English Heritage site visitors’ willingness to pay for English Heritage sites. The results were also used to create a ‘value transfer equation’ so that the results can be used in value transfer exercises. 

The published report can be found here

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