ECONOMICS UNIQUENESS
ECONOMICS UNIQUENESS
ECONOMICS UNIQUENESS
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260 ■ THE <strong>ECONOMICS</strong> OF <strong>UNIQUENESS</strong><br />
the city and site management. First, it allows comparison of visitor fl ows across<br />
the city; second, it provides data in case a city wants to evaluate the opportunity<br />
of imposing limits due to the carrying capacity of a site, or for the purpose of<br />
considering entry charges.<br />
Additional indicators for visits can be used for mapping. Carrying capacity<br />
of a site (i.e., maximum possible number of visitors per day) and visitor rate<br />
(i.e., number of visitors as a percentage of carrying capacity) are useful tools to<br />
describe the “visit market” of the historic city core. Derived from a straightforward<br />
demand-supply relationship, the indicator of visitor rate highlights excess of<br />
demand (hence, a risk for the heritage) or excess of supply (hence, a potential for<br />
economic values).<br />
As noted earlier, use values related to visitors and tourism are of two types:<br />
direct use values (i.e., visits to the site, museum, or monument) and indirect<br />
use values (i.e., expenditures made by visitors or tourists on lodging, food, and<br />
souvenirs).<br />
Indirect use values are the most complex to identify, to measure, and to map.<br />
Indirect use values are measured by heritage-related expenditures made by<br />
residents or visitors. Some of these expenditures are easily traceable and can be<br />
inscribed on maps, because they are specifi cally and completely related to the<br />
heritage (a museum of the monument, a souvenir shop, and such). Other expenditures<br />
are more diffi cult to assess, or must be estimated as average values for<br />
entire blocks, streets, city areas, or meaningful economic areas. When specifi c<br />
places can be identifi ed or located with precision, the mapping of indirect use values<br />
consists of an exhaustive recording and documenting of all such places across<br />
the city. Th is requires extensive gathering of information from hotels, restaurants,<br />
shops, visitor information centers, transportation services, guide agencies, and<br />
such, which is a task probably applicable to only a small city or a district. Big<br />
cities have staff , equipment, and resources to undertake such recording, but the<br />
economic impact measured is not exclusively related to the heritage. Th e need for<br />
measurement by sampling is inevitable.<br />
Modern technology (e.g., GIS, GPS, Geocoding) will soon off er ways of better<br />
managing tourism in historic city cores. Th ese tools will improve site management<br />
and prevent congestion where cities struggle with excess tourism. Similar<br />
mapping techniques will help city authorities increase the economic impact<br />
from tourism. Assessing indirect use values requires relying on both sampling<br />
and mapping. Tourist expenditures for lodging, food, transportation, and goods<br />
or services are market transactions defi ned by a supply and a demand side.<br />
Appraisal of these transactions can be two-fold:<br />
• A demand-side analysis is undertaken through a sample survey among visitors,<br />
to analyze the consumer’s behavior and to estimate expenditures per person,<br />
per day. Expenditures can also be segmented between per-day trip and