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World Heritage List: Does It Make Sense?

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  • 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?," CREMA Working Paper Series 2010-11, Center for Research in Economics, Management and the Arts (CREMA).
    • Handle: RePEc:cra:wpaper:2010-11
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    References listed on IDEAS

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    Citations

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    Cited by:

    1. Juan José Price Elton, 2016. "Racionalidad económica de la política cultural," Estudios Públicos, Centro de Estudios Públicos, vol. 0(144), pages 165-197.
    2. Yu-Fu Chen & Michael Funke, 2010. "Global Warming And Extreme Events: Rethinking The Timing And Intensity Of Environmental Policy," Dundee Discussion Papers in Economics 236, Economic Studies, University of Dundee.
    3. Bruno S. Frey & Paolo Pamini & Lasse Steiner, 2011. "What determines the World Heritage List? An econometric analysis," ECON - Working Papers 001, Department of Economics - University of Zurich.
    4. 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.
    5. 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.
    6. 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.
    7. 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.

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    More about this item

    Keywords

    Global public good; World Heritage; Cultural Certificates; Monuments; UNESCO;
    All these keywords.

    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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