Half Title Page -- Title Page -- Copyright -- Contents -- Foreword -- Acknowledgments -- Overview -- Chapter 1. Livable Historic City Cores and Enabling Environment: A Successful Recipe to Attract Investment to Cities -- Introduction -- Urbanization and the Jobs Crisis -- Recent Trends in Foreign Direct Investment -- Cities Compete for Investment -- Talent and Urban Development -- Implications for Urban Development Strategies -- Dublin, Ireland: "Talent Hub" Strategy Based on Livability of the Historic City Core -- Conclusion -- References -- Chapter 2. Investing in the Sense of Place: The Economics of Urban Upgrading Projects with a Cultural Dimension -- Introduction -- Basic Concepts and Notation -- Economic, Financial, and Private Returns -- Project Appraisal in Practice -- Private Sector Participation -- Socially Optimal Preservation -- Rationale for Public Intervention -- Design of Cultural Component -- Distributional Effects and Property Rights -- Conclusion -- Note -- References -- Chapter 3. Heritage Economics: A Conceptual Framework -- Introduction -- Heritage as Asset -- Sustainability -- Value and Valuation -- Heritage Policy -- From Policy to Practice: Heritage in Economic Development -- Conclusion -- Notes -- References -- Chapter 4. Economic Valuation of Cultural Heritage -- Introduction -- Economic Valuation of Cultural Heritage -- A Functional Perspective on the Value of Cultural Heritage -- Lessons from Cultural Heritage Valuation and Biodiversity Valuation -- The Economist's Toolbox -- A Spatial Hedonic Price Study on the Impact of Cultural Heritage on Real Estate Value -- Conclusion -- Notes -- References -- Chapter 5. Heritage Conservation and Property Values -- Introduction -- What Is the Meaning and Impact of Heritage Designation? -- How Do Researchers Measure Value Change in the Marketplace?.

How Does Heritage Designation Influence the Value of Affected Buildings? -- Why Is the Marketplace Willing to Pay a Premium for Heritage Properties? -- How Does a Premium for Heritage Properties Affect Low-Income Households? -- Mitigation Strategies -- Conclusion -- Notes -- References -- Chapter 6. Governance in Historic City Core Regeneration Projects -- Introduction -- Governance: Values, Actors, and Processes in the Conservation of Urban Heritage -- Progress in Urban Heritage Conservation in Latin America -- Adaptive Reuse: A Sustainable Approach to Urban Heritage Conservation -- Challenges of the Adaptive Reuse Approach to Urban Heritage Conservation -- Values in Action: Decision Making in the Conservation of Historic City Cores -- Conclusion -- Notes -- References -- Chapter 7. UNESCO World Heritage List, Tourism, and Economic Growth -- Introduction -- UNESCO World Heritage List as an Instrument for Tourism Specialization -- Empirical Investigation -- Conclusion -- Appendix I: Data Description and Sources -- Appendix II: Additional Robustness Checks -- Notes -- References -- Chapter 8. Financial Mechanisms for Historic City Core Regeneration and Brownfield Redevelopment -- Introduction -- Public Good Assets and Private Intervention -- The Catalyst Player: The Role of Government -- Public-Private Partnerships -- Land Value Finance -- Urban Development Funds -- Impact Investment -- Conclusion -- Notes -- References -- Chapter 9. Mapping Heritage Economics for Spatial Analysis in Historic City Cores -- Introduction -- Historic Cities Face New Challenges -- Economic Values and Indicators -- Mapping Economic Values -- Enhancing Urban Spatial Function -- Case Study: The World Heritage City of Djenné in Mali -- Conclusion -- Notes -- References -- Index -- Back Cover.