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HERITAGE IMPACTS
"Our research has shown that in Hungary:
- Built heritage significantly contributes to GDP and creates jobs
- People want to live and work in historic areas and are willing to pay a higher price to do so
- Engaging the local community and an integrated approach are key factors for the long-term success of heritage-led regeneration"
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SOCIO-ECONOMIC IMPACTS OF CULTURAL HERITAGE DEVELOPMENT PROJECTS - EXECUTIVE SUMMARY
"Commissioned by the Forster Centre (Gyula Forster National Centre for Cultural Heritage Management) within the framework of the project Revealing the socio-economic potentials of cultural heritage, funded by the Norwegian Grant, Budapest Institute has developed a quasi-experimental (counterfactual) evaluation strategy to measure the social-economic impact of investment projects directed to the restoration of cultural heritage (CH) funded by European Union sources. The methodology builds on publicly available settlement-level data and can be used to measure the effects of cultural heritage restoration investments following their completion. In the second phase of the study we have applied the methodology to measure the effects of CH projects launched between 2004-2013."
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THE SOCIO-ECONOMIC CONTRIBUTION OF BUILT HERITAGE TO DOMESTIC PRODUCTION IN HUNGARY
"Commissioned by the Forster Centre (Gyula Forster National Centre for Cultural Heritage Management) within the framework of the project Revealing the socio-economic potentials of cultural heritage, funded by the Norwegian Grant, Budapest Institute has developed a quasi-experimental (counterfactual) evaluation strategy to measure the social-economic impact of investment projects directed to the restoration of cultural heritage (CH) funded by European Union sources. The methodology builds on publicly available settlement-level data and can be used to measure the effects of cultural heritage restoration investments following their completion. In the second phase of the study we have applied the methodology to measure the effects of CH projects launched between 2004-2013."
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IMPACTS OF CULTURAL HERITAGE ON REAL ESTATE MARKET - EXECUTIVE SUMMARY
"Since such studies have not been carried out in Hungary before the researchers approached the task using different methods. In order to reveal as many impacts as possible the examinations were performed in three different ways:
- Quantification of the price effect on residential properties at the level of individual properties, urban districts and entire settlements.
- Price effect on hotel room rates.
- Specific case studies on Gresham Palace, Gozsdu Court and Wekerle Estate in order to unveil special characteristics of cultural heritage and to reveal contributing qualitative factors"
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IMPACT ASSESSMENT OF CULTURAL HERITAGE DEVELOPMENT PROJECTS - METHODOLOGICAL OVERVIEW
Commissioned by the Gyula Forster National Centre for Cultural Heritage Management, the Budapest Institute elaborated a control group (counter-factual) impact assessment methodology related to cultural heritage investments in Hungary between 2004 and 2013 from European Union funding. We have drawn up a methodological framework which is based on the analysis of publicly available settlement-level data and later, when the time has passed what is necessary for the impacts to unfold, it will be suitable for the impact assessment of investment into cultural heritage. In the second phase of the project we applied the methodology to measure the effects of CH projects launched between 2004 and 2013.
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1.41 MB