Value assessment and economic effect analysis of region-specific resources

School of Economics and Management

Professor Akihiko Tomono, School of Economics and Management

There is tremendous value in the history, traditions, and culture that have roots in regions. When people visit regions in search of such features, it can create a positive economic effect for the region.

In my academic research, I select a specific field every year and visit it with my students. There, we conduct questionnaires. We use the travel cost method to assess the historical, traditional, and cultural values of assets specific to the region. We also measure the economic ripple effects by performing analyses in cooperation with industries based on the expenditures of tourists to the area,