The Economics of Heritage: Some Implications of Devolution

Anna Mignosa*, M Martorana, Isidoro Mazza, R Rizzo

*Corresponding author for this work

Research output: Chapter/Conference proceedingChapterAcademic

Abstract

In this paper, we focus on the political economic consequences of devolution of policies dealing with heritage conservation and valorization. In particular, the existence of local policymakers’ vested interests concerning the conservation of heritage—due to its positive effects on tourism—raises the issue of what set of functions, and class of heritage to devolve. Our political economic analysis shows that devolution may favor the conservation of heritage with ‘outstanding characteristics’ over more ‘local’ heritage, leading to an inefficient outcome. We then discuss different possible measures to correct for such a political inefficiency.
Original languageEnglish
Title of host publicationAdvances in Local Public Economics
EditorsM. Kunizaki, K. Nakamura, K. Sugahara, M. Yanagihara
Place of PublicationSingapore
PublisherSpringer-Verlag
Chapter14
Pages249-260
Number of pages11
Edition1
ISBN (Electronic)978-981-13-3107-7
ISBN (Print)978-981-13-3106-0
DOIs
Publication statusPublished - 2019

Publication series

SeriesNew Frontiers in Regional Science: Asian Perspectives (NFRSASIPER)
Volume37
ISSN2199-5974

Research programs

  • ESHCC A&CS

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