determinants of historic and cultural landmark designation,why we preserve what we preserve英文文献资料.pdfVIP

determinants of historic and cultural landmark designation,why we preserve what we preserve英文文献资料.pdf

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J Cult Econ (2010) 34:1–26 DOI 10.1007/s10824-009-9110-6 ORI GIN AL ARTICLE Determinants of historic and cultural landmark designation: why we preserve what we preserve Douglas S. Noonan • Douglas J. Krupka Received: 20 October 2008 / Accepted: 1 October 2009 / Published online: 30 October 2009 Springer Science+Business Media, LLC. 2009 Abstract There is much interest among cultural economists in assessing the effects of heritage preservation policies. There has been less interest in modeling the policy choices made in historic and cultural landmark preservation. This article builds an economic model of a landmark designation that highlights the tensions between the interests of owners of cultural amenities and the interests of the neighboring community. We perform empirical tests by estimating a discrete choice model for landmark preservation using data from Chicago, combining the Chicago Historical Resources Survey of over 17,000 historic structures with property sales, Census, and other geographic data. The data allow us to explain why some prop- erties were designated landmarks (or landmark districts) and others were not. The results identify the influence of property characteristics, local socio-economic fac- tors, and measures of historic and cultural quality. The results emphasize the political economy of implementing preservation policies. Keywords Heritage preservation policy Landmark designation JEL classification Z1 R52 D78 This document contains demographic data from Geolytics, Inc East Brunswick, NJ. D. S. Noonan () School of Public Policy, Georgia Institute of Technology, Atlanta, GA 30332-0345, USA e-mail: doug.noonan@ D. J. Krupka University of Michigan and IZA, Ann Arbor, MI 48104-2210, USA 123 2

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