ULIBARRI, CARLOS A.; ULIBARRI, VICTOR C. - In: Environment and Development Economics 15 (2010) 01, pp. 39-57
This paper applies a household production framework (Becker, 1971) to infer the economic value of a cultural heritage site, namely, the Petroglyph National Monument, situated in Albuquerque, New Mexico, USA. The empirical analysis uses benefit-transfer techniques from three source studies: those...