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ECONOMICS UNIQUENESS

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266 ■ THE <strong>ECONOMICS</strong> OF <strong>UNIQUENESS</strong><br />

Accordingly, public or public-private partnership arrangements are allowed<br />

to correct dysfunctions resulting from free market mechanisms. Effi ciency in<br />

resource allocation and equity or equal access to major resources are important<br />

considerations. To provide equality of access to cultural goods for everyone,<br />

public authorities need to take an active part in heritage management. City<br />

administrators can act in various capacities: as owner and caretaker of heritage<br />

buildings, as manager of heritage-related cultural activities, as levier of local<br />

taxes, as provider of public subsidies or fi scal incentives, and as initiator and<br />

entity in charge of the implementation of urban and legal regulations.<br />

An intervention by city, regional, or national authorities in heritage management<br />

or conservation is measured by the ensuing local expenditures (local public<br />

consumption and investment) or alternately by tax exemption.<br />

Th e mapping of economic values related to public intervention requires comparing<br />

the public attributes of the heritage to these values. Mapping of the following<br />

selected indicators describes the relationship between public intervention<br />

and economic values:<br />

• Publicly owned buildings;<br />

• Public use of buildings, and public services;<br />

• Public fi nancing, subsidies, and tax reductions (by tax parcels or by individual<br />

properties);<br />

• Public-regulated development and conservation projects;<br />

• Local expenditures and jobs (spatial identifi cation of projects); and<br />

• Public benefi ts from heritage-related initiatives: poverty alleviation, sanitation,<br />

crime reduction, and improved public safety and wellbeing. 14<br />

Economic Landscapes<br />

Th e mapping process emphasizes the spatial distribution of economic values<br />

related to heritage. Components of use values and non-use values do not always<br />

show similar patterns or a consistent spatial distribution. Th ey should be shown<br />

separately or in combination, to provide a comprehensive view of the economic<br />

values of the city heritage. Th is facilitates the identifi cation of economic values<br />

that are distributed across the area. Spatial information then provides an economic<br />

landscape context to the historic city, with a high potential for policy<br />

applications.<br />

Explaining and summarizing the geographic information provided by economic<br />

values on maps requires the identifi cation of patterns, connections, and<br />

relationships between indicators of all categories of values. Th e process is twofold,<br />

as described in fi gure 9.1: fi rst, the analysis of indicators related to categories<br />

of values; second, the analysis of aggregated values to summarize and map the<br />

information.

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