We propose a radically new approach to deal with major negative effects resulting from over-tourism. The major attractions of heavily visited historical sites are to be identically replicated in a new location emphasizing a vivid historical experience supported by modern technology. In the near...

Purpose - the purpose of the article is to identify factors of cultural economics and examine their impact on countries' competitiveness. Research methodology - in this study, the following factors have been determined to affect the competitiveness of the European Union countries: cultural...

Cultural capital is assumed to benefit all members of society. It is built up by the aggregate consumption of cultural goods and is diminished through depreciation. In the no-policy market economy, consumers tend to ignore the beneficial external effects of their cultural good consumption on the...