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World Heritage List: does it make sense?

Author

Listed:
  • Bruno S. Frey
  • Lasse Steiner

Abstract

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.

Suggested Citation

  • 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.
    • Handle: RePEc:zur:iewwpx:484
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    File URL: https://www.zora.uzh.ch/id/eprint/51743/1/iewwp484.pdf
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    Citations

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    Cited by:

    1. Tiziana Cuccia, 2012. "Is it worth being inscribed in the world heritage list? A case study of �The Baroque cities in Val di Noto� (Sicily)," RIEDS - Rivista Italiana di Economia, Demografia e Statistica - The Italian Journal of Economic, Demographic and Statistical Studies, SIEDS Societa' Italiana di Economia Demografia e Statistica, vol. 66(2), pages 169-190.
    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. Burc Kayahan & Brian Vanblarcom, 2012. "Cost Benefit Analysis of UNESCO World Heritage Site Designation in Nova Scotia," Review of Economic Analysis, Digital Initiatives at the University of Waterloo Library, vol. 4(2), pages 247-273, December.
    4. Bayan F. El Faouri & Magda Sibley, 2022. "Heritage-Led Urban Regeneration in the Context of WH Listing: Lessons and Opportunities for the Newly Inscribed City of As-Salt in Jordan," Sustainability, MDPI, vol. 14(8), pages 1-24, April.
    5. Annie Tubadji, 2012. "Culture‐based development: empirical evidence for Germany," International Journal of Social Economics, Emerald Group Publishing Limited, vol. 39(9), pages 690-703, July.
    6. Chen, Yu-Fu & Funke, Michael, 2010. "Global Warming And Extreme Events: Rethinking The Timing And Intensity Of Environmental Policy," SIRE Discussion Papers 2010-48, Scottish Institute for Research in Economics (SIRE).
    7. Juan José Price Elton, 2016. "Racionalidad económica de la política cultural," Estudios Públicos, Centro de Estudios Públicos, vol. 0(144), pages 165-197.

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    Keywords

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    JEL classification:

    • 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

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