Heritage and the Economy
The historic environment is intrinsically linked to economic activity, with many economic activities occurring within it, dependent on it, or attracted to it.
The 'Heritage and the Economy' section examines the economics of heritage conservation and presents evidence of how the historic environment contributes to the national economy and local economies.
The evidence presented here includes recent research findings and past seminal pieces, forming part of the heritage sector's rich, multi-dimensional knowledge base. The evidence is presented as bite-sized facts, with links to detailed evidence sources for more technical readers or those needing more specific evidence.
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The Economic Value of the Heritage Sector
The heritage sector is a complex and multidimensional sector with multiple economic activities dependent and embedded within it.
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Heritage and its Role in Development and Place
Investing in heritage is not just an investment in heritage but part of a strategic move that can directly influence local economic outcomes.
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The Contribution of the Heritage Sector to the Visitor Economy
Heritage plays an important role in attracting people to place, supporting thousands of jobs and contributing to the national and local economies.
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Heritage and the Wellbeing Economy
Wellbeing is a holistic measure of economic performance and of the welfare of communities and nations.
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Cultural Heritage, Creativity and the Creative Economy
Cultural heritage enhances creativity and supports the growth of the creative economy.
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Techniques for Valuing Heritage in Economic Terms
There are a small and growing number of valuation studies that have applied non-use valuation techniques to the heritage sector in England. Some of the evidence is presented here.