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Making World Heritage Truly Global: The Culture Certificate Scheme

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  • Bruno S. Frey
  • Paolo Pamini

Abstract

Culture has attributes of a global public good that needs to be preserved for mankind as a whole. World Culture Certificates are proposed to efficiently preserve World Heritage. The community of nations has to agree on the Global Heritage List and how much each nation is to contribute to that purpose. Each World Heritage site conserved is acknowledged through the issuance of a tradable Certificate. Countries and private firms are induced to seek sites where financial resources can be spent most productively. This leads to an efficient allocation of resources to preserve World Heritage.

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Bibliographic Info

Paper provided by Center for Research in Economics, Management and the Arts (CREMA) in its series CREMA Working Paper Series with number 2009-13.

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Date of creation: Jun 2009
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Handle: RePEc:cra:wpaper:2009-13

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Related research

Keywords: Global public good; World Heritage; Cultural Certificates; Monuments; UNESCO;

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References

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  1. Victor Ginsburgh, 2001. "Economics of arts and culture," ULB Institutional Repository 2013/1869, ULB -- Universite Libre de Bruxelles.
  2. Victor Ginsburgh & David Throsby, 2006. "Handbook of the economics of art and culture," ULB Institutional Repository 2013/1673, ULB -- Universite Libre de Bruxelles.
  3. Frank Krysiak, 2008. "Ex-post efficient permit markets: a detailed analysis," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 39(4), pages 397-410, April.
  4. Tisdell, Clem & Wilson, Clevo, 2002. "World Heritage Listing of Australian Natural Sites: Tourism Stimulus and Its Economic Value," Economic Analysis and Policy (EAP), Queensland University of Technology (QUT), School of Economics and Finance, vol. 32(2), pages 27-49, June Spec.
  5. Rizzo, Ilde & Throsby, David, 2006. "Cultural Heritage: Economic Analysis and Public Policy," Handbook of the Economics of Art and Culture, Elsevier.
  6. Margaret Insley, 2002. "On the option to invest in pollution control under a regime of tradable emissions allowances," Working Papers 02008, University of Waterloo, Department of Economics, revised Jan 2002.
  7. Throsby,David, 2000. "Economics and Culture," Cambridge Books, Cambridge University Press, number 9780521584067, October.
  8. V.A. Ginsburgh & D. Throsby (ed.), 2006. "Handbook of the Economics of Art and Culture," Handbook of the Economics of Art and Culture, Elsevier, edition 1, volume 1, number 1, December.
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Cited by:
  1. Bruno S. Frey & Paolo Pamini, 2010. "World Heritage: Where Are We? An Empirical Analysis," CESifo Working Paper Series 2919, CESifo Group Munich.
  2. Bruno S. Frey & Paolo Pamini & Lasse Steiner, 2011. "What Determines The World Heritage List? An Econometric Analysis," CREMA Working Paper Series 2011-01, Center for Research in Economics, Management and the Arts (CREMA).
  3. Bruno S. Frey & Lasse Steiner, 2010. "World Heritage List: Does it Make Sense?," CESifo Working Paper Series 3078, CESifo Group Munich.
  4. Bruno S. Frey & Lasse Steiner, 2010. "Pay as you go: a new proposal for museum pricing," IEW - Working Papers 485, Institute for Empirical Research in Economics - University of Zurich.

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