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Human capital is a fundamental factor for every major urban agglomeration in modern-day society and economy. Urban amenities facilitate face to face contact both for pleasure and for productivity. Hence, the aim of this paper is to investigate the relationship between these amenities and the...
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We develop a model for museum visits and estimate it on a large sample of holders of a museum card that provides free access to all museums. Our model distinguishes two stages, referring to the determination of the number of trips and destination choice and can deal with an effect of income on...
Persistent link: https://www.econbiz.de/10011343274
We develop a model for museum visits and estimate it on a large sample of holders of a museum card that provides free access to all museums. Our model distinguishes two stages, referring to the determination of the number of trips and destination choice and can deal with an effect of income on...
Persistent link: https://www.econbiz.de/10011257012
Apart from housing quality and employment accessibility, knowledge workers are relatively strongly attracted by urban amenities such as the presence of shops, a variety of restaurants, recreational public spaces (e.g., parks), and by cultural facilities such as theaters, musea and cinemas. Since...
Persistent link: https://www.econbiz.de/10010740318
Since recently, a number of studies have applied non-market valuation techniques to measure the value of cultural goods. All studies are single case applications and rely mostly on stated preferences, such as contingent valuation techniques. We compare the relative value of multiple, competing...
Persistent link: https://www.econbiz.de/10010782812
This paper looks into the effect of distance on market shares of Dutch museums. To this end, we assume a generic distance decay function for all museums. In addition, we allow for spatial dependence between museums to account for local competition or synergy effects. Using a unique transaction...
Persistent link: https://www.econbiz.de/10011325350