ECONOMICS UNIQUENESS

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206 ■ THE <strong>ECONOMICS</strong> OF <strong>UNIQUENESS</strong> TABLE 7.9 continued Variables Stock-Yogo weak ID test critical values (20 percent maximal IV size) — 8.75 6.46 6.71 Hansen-J test (p value) 0.31 0.58 0.78 Observations 96 96 96 96 R-squared 0.212 0.203 0.199 0.202 Robust standard errors in brackets. *** p
TABLE 7.10 Robustness to Using Different Measures of GDP Description Variables (1) (2) (3) (4) (5) GDP, PPP (constant 2005 international $) World Bank growth Real GDP chain per worker unit: I$ per worker in 2000 constant prices, PWT 6.2 growth rgdpwok pwt Real GDP per capita (constant prices: Laspeyres) unit: I$ in 2000 constant prices, PWT 6.2 growth rgdpl pwt Real GDP per capita (constant prices: chain series) unit: I$ in 2000 constant prices, PWT 6.2 growth rgdpch pwt Real GDP chain per equivalent adult unit: I$ per eq. adult in 2000 constant prices growth rgdpeqa pwt Tourism 0.013** 0.024*** 0.022*** 0.021*** 0.022*** Income –0.082 1 ncome_rgdpwok_pwt [0.069] –0.162** [0.006] [0.007] [0.007] [0.007] [0.007] [0.070] Income_rgdpl_pwt –0.075 [0.081] 1 ncome_rgdpch_pwt –0.079 1 ncome_rgdpeqa_pwt –0.093 Education 0.158** 0.093 0.148* 0.149* 0.139* [0.081] [0.082] [0.066] [0.071] [0.079] [0.079] [0.079] Distance 0.013*** 0.015*** 0.012*** 0.012*** 0.012*** [0.004] [0.004] [0.004] [0.004] [0.004] Constant –0.027 0.767 –0.107 –0.086 0.035 [0.433] [0.511] [0.562] [0.561] [0.586] (continued next page) UNESCO WORLD HERITAGE LIST, TOURISM, AND ECONOMIC GROWTH ■ 207
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Public Disclosure Authorized Public
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Th e Urban Development Series discu
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© 2012 International Bank for Reco
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vi ■ CONTENTS Project Appraisal i
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viii ■ CONTENTS Appendix II: Addi
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x ■ CONTENTS 7.4 Tourism Is Coupl
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xii ■ CONTENTS 9.1 How to Organiz
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Exegi monumentum aere perennius reg
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ACKNOWLEDGMENTS ■ xvii Cultural O
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xx ■ OVERVIEW What Are the Object
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xxii ■ OVERVIEW and captures the
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xxiv ■ OVERVIEW periphery, especi
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xxvi ■ OVERVIEW tourism—by impr
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xxviii ■ OVERVIEW 3. Institutiona
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1 Livable Historic City Cores and E
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LIVABLE HISTORIC CITY CORES AND ENA
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2 Investing in the Sense of Place:
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INVESTING IN THE SENSE OF PLACE ■
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0 45° INVESTING IN THE SENSE OF PL
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FIGURE 2.4 continued INVESTING IN T
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A Dubious Alternative: Property Rec
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46 ■ THE ECONOMICS OF UNIQUENESS
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TABLE 4.1 Overview of Hedonic Price
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Page 237: UNESCO WORLD HERITAGE LIST, TOURISM
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Page 247 and 248: FINANCIAL MECHANISMS FOR HISTORIC C
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Boxes, fi gures, maps, notes, and t
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China. See also specifi c cities ac
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public sector role, 222-26, 223b, 2
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Kraay, A., 198 Kratz, C. G., 96 L l
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Pine Ridge Reservation (U.S.), 238
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Shaoxing, China, local residents re
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urban economics appraisal approach,
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ECO-AUDIT Environmental Benefits St
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ECONOMICS UNIQUENESS

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