Economic Valuation of Urban Heritage : Modelling an Integrative Framework Based on Sustainability Principles

In response to the increasing complexity of urban heritage management, this study proposes an analytical framework that integrates sustainability theory with multicriteria approaches to economic valuation. A systematic and integrative literature review was conducted, drawing on over sixty documented international case studies. These cases reveal dominant methodological trends, their application contexts, and the strengths and limitations of the valuation tools employed. The critical analysis distinguishes classical monetary approaches from more systemic methods that incorporate social, cultural, and environmental dimensions. The proposed method is characterized by its adaptability to complex heritage urban contexts.

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Publication Details

Journal
UPM Digital Archive (Technical University of Madrid)
Published
2025-12-27
Primary Topic
Cultural Heritage Management and Preservation
Type
article
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article

Economic Valuation of Urban Heritage : Modelling an Integrative Framework Based on Sustainability Principles

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UPM Digital Archive (Technical University of Madrid)
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article

Economic Valuation of Urban Heritage : Modelling an Integrative Framework Based on Sustainability Principles

Juan Monjo Carrió, Yamina Necissa, Abdelkader BEHIRI, Asma Alaouchiche, Gema María Ramírez Pacheco
article en

Abstract

In response to the increasing complexity of urban heritage management, this study proposes an analytical framework that integrates sustainability theory with multicriteria approaches to economic valuation. A systematic and integrative literature review was conducted, drawing on over sixty documented international case studies. These cases reveal dominant methodological trends, their application contexts, and the strengths and limitations of the valuation tools employed. The critical analysis distinguishes classical monetary approaches from more systemic methods that incorporate social, cultural, and environmental dimensions. The proposed method is characterized by its adaptability to complex heritage urban contexts.

UPM Digital Archive (Technical University of Madrid)
Sustainable cities and communities
Openalex Percentile: Top 7%
Cultural Heritage Management and Preservation
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