Industrial Heritage and Cultural Economics: British Heritage Railways and the Andalusian Case

2017-09-12T20:37:35Z (GMT) by Manuel Muriel
<p>This empirical research is an enquiry into the nature and causes of the preservation and reuse of railway heritage from a comparative point of view –Britain v. Andalusia. We initially assessed the prospects of heritage railways in Andalusia and set up a comparative framework with the UK –where the industry is most developed in Europe. As the former were anything but poor we shifted our analysis on the underlying institutional features that hinder its development. Our methodology evolves form inductive to deductive and is close to the spirit of the old political economy. The results suggest that three factors impact directly on the preservation of railway heritage: public governance, volunteering, and collective identity. The first and second are quantifiable, whether directly or by proxy, and the third is non-measurable. The first two variables are dependable on social capital as measured by generic trust –the ultimate success factor in the heritage railway industry.<br>Industrial heritage is a public good and as such externalities matter; therefore the private sector is ill suited to preserve it being the public sector and/or the Third Sector those to intervene on a free exchange basis.</p> <p> </p>