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World Heritage List: Does It Make Sense?

  • Bruno S. Frey
  • Lasse Steiner

The 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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Paper provided by Center for Research in Economics, Management and the Arts (CREMA) in its series CREMA Working Paper Series with number 2010-11.

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Date of creation: Apr 2010
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Handle: RePEc:cra:wpaper:2010-11
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Web page: http://www.crema-research.ch
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  1. Victor Ginsburgh & David Throsby, 2006. "Handbook of the Eonomics of Art and Culture," ULB Institutional Repository 2013/152412, ULB -- Universite Libre de Bruxelles.
  2. Trine Hansen, 1997. "The Willingness-to-Pay for the Royal Theatre in Copenhagen as a Public Good," Journal of Cultural Economics, Springer, vol. 21(1), pages 1-28, March.
  3. Bruno S. Frey & Paolo Pamini, 2009. "Making World Heritage Truly Global: The Culture Certificate Scheme," CESifo Working Paper Series 2745, CESifo Group Munich.
  4. Green, Donald & Jacowitz, Karen E. & Kahneman, Daniel & McFadden, Daniel, 1998. "Referendum contingent valuation, anchoring, and willingness to pay for public goods," Resource and Energy Economics, Elsevier, vol. 20(2), pages 85-116, June.
  5. repec:hal:cesptp:halshs-00272092 is not listed on IDEAS
  6. Bruno S. Frey & Dominic Rohner, 2005. "Protecting Cultural Monuments Against Terrorism," CREMA Working Paper Series 2005-31, Center for Research in Economics, Management and the Arts (CREMA).
  7. Tollison, Robert D, 1982. "Rent Seeking: A Survey," Kyklos, Wiley Blackwell, vol. 35(4), pages 575-602.
  8. repec:cup:cbooks:9780521586399 is not listed on IDEAS
  9. Victor Ginsburgh, 2001. "Economics of arts and culture," ULB Institutional Repository 2013/1869, ULB -- Universite Libre de Bruxelles.
  10. Tisdell, Clement A. & Wilson, Clevo, 2001. "World Heritage Listing of Australian Natural Sites: Tourism Stimulus and its Economic Value," Economics, Ecology and Environment Working Papers 48382, University of Queensland, School of Economics.
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