ECONOMICS UNIQUENESS

public sector role, 222–26, 223b, 225t
resource allocation and, 158
urban development funds, 233–36
fi scal incentives. See also incentives
heritage designations and, 122, 128
heritage policy, 62–64, 63–64b
Florida, Richard, 5–6
Fondo de Salvamento (FONSAL, Ecuador),
163
Ford, D. A., 96
foreign direct investment (FDI), 3–4, 8, 185
France
brownfi eld redevelopment fi nancing from,
221b
brownfi eld redevelopment in, 220–21
heritage designations in, 111
urban renewal in, 51
Frankel, J. A., 193
free-rider problem, 22
Friedman, Th omas, 4
functional perspective on valuation, 81–85,
84–85b
G
G7 countries, 191–92, 191t
General Directorate of the Preservation of
Cultural and Historic Heritage (Turkey),
232, 233
gentrifi cation
benefi ts of, 130–32
defi ned, 128–29
negative consequences of, 132–34
property values and, 130–34
Geographic Information System (GIS)
for hedonic pricing, 96
for spatial analysis, 252, 256b, 259b, 260,
278
Georgia, urban revitalization strategies in,
127b
Getty Conservation Institute, 280n3
Ghent, Belgium, urban regeneration strategy
in, 122
GINKGO fund, 220–21
GIS. See Geographic Information System
GIZ (German development agency), 229
Global Crossing project (Ireland), 10
Goldman, Tony, 35
Google, 12
governance, 143–81
actors in, 147–49, 148b, 154t
adaptive reuse approach, 156–61
INDEX ■ 289
decision-making process for, 155f, 159, 159f
in Latin America, 152–56
social interaction spheres for, 149–52, 150t,
154t
values of urban heritage and, 145–47, 145f,
146b
grants to local community, 19
Great Mosque (Djenné, Mali), 275
Groenendijk, N., 216
guarantee funds, 235
Guerrieri, V., 185, 194
Guide for Heritage Economics: Values,
Indicators, Maps, and Policies (Ost),
280n3
Guizhou Cultural and Natural Heritage
Protection and Development Project
(China), 84–85b
H
Hadrian’s Roman Wall (UK), 94
Hafsia Quarter, Tunis, 126b
Hall, R. E., 193–94
Hansen-J test, 197, 210n15
hard regulations, 59
Hausmann, Baron, 51
health care, 82
Hearth Revolving Fund (Ireland), 234
hedonic price method of valuation, 95–102,
98–99t
heritage designation and, 114–15, 125
private sector investments and, 26
social impact assessments and, 40–41
spatial analysis and, 253
in urban economics approach, 23
heritage. See also heritage designation
as asset, 43n1, 46–48, 49b
as economic concept, 29–30
in economic development, 67–71, 69–70t
policy. See policy environment
spatial analysis. See spatial analysis
sustainability. See sustainability
valuation. See valuation
heritage designation
defi ned, 109–12
demolition by neglect and, 112, 180n5
impact of, 109–12, 111b
in Mauritania, 151b
process for, 149–50
property values and, 101–2, 109–12,
115–25, 117–21f, 123b, 124f
Heston, A., 193, 198