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 Institute for Empirical Research in Economics - University of Zurich in its series IEW - Working Papers with number 484.
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?," CESifo Working Paper Series 3078, CESifo Group Munich.
- Bruno S. Frey & Lasse Steiner, 2010. "World Heritage List: Does It Make Sense?," CREMA Working Paper Series 2010-11, Center for Research in Economics, Management and the Arts (CREMA).
- Z11 - Other Special Topics - - Cultural Economics - - - Economics of the Arts and Literature
- D6 - Microeconomics - - Welfare Economics
- F5 - International Economics - - International Relations 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-2010-05-15 (All new papers)
- NEP-CUL-2010-05-15 (Cultural Economics)
- NEP-TUR-2010-05-15 (Tourism Economics)
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