World Heritage List: Does It Make Sense?
AbstractThe UNESCO World Heritage List contains the 900 most treasured Sites of humanity?s culture and landscapes. The World Heritage List is beneficial where heritage sites are undetected, disregarded by national decision-makers, not commercially exploitable, and where national financial resources, political control and technical knowledge for conservation are inadequate. Alternatives such as the market and reliance on national conservation list are more beneficial where the cultural and natural sites are already popular, markets work well, and where inclusion in the List does not raise the destruction potential by excessive tourism, and in times of war or by terrorists.
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Bibliographic InfoPaper provided by Center for Research in Economics, Management and the Arts (CREMA) in its series CREMA Working Paper Series with number 2010-11.
Date of creation: Apr 2010
Date of revision:
Global public good; World Heritage; Cultural Certificates; Monuments; UNESCO;
Other versions of this item:
- Bruno S. Frey & Lasse Steiner, 2010. "World Heritage List: does it make sense?," IEW - Working Papers 484, Institute for Empirical Research in Economics - University of Zurich.
- Bruno S. Frey & Lasse Steiner, 2010. "World Heritage List: Does it Make Sense?," CESifo Working Paper Series 3078, CESifo Group Munich.
- Z11 - Other Special Topics - - Cultural Economics - - - Economics of the Arts and Literature
- D6 - Microeconomics - - Welfare Economics
- F5 - International Economics - - International Relations, National Security, and International Political Economy
- H87 - Public Economics - - Miscellaneous Issues - - - International Fiscal Issues; International Public Goods
This paper has been announced in the following NEP Reports:
- NEP-ALL-2010-05-08 (All new papers)
- NEP-CUL-2010-05-08 (Cultural Economics)
- NEP-TUR-2010-05-08 (Tourism Economics)
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