Contents
FOREWORD
PREFACE
MESSAGE
ICOMOS
International Committee on Conservation Economics 
1.0 BACKGROUND
1.1 Origins
1.2 Ministry Functions in Conservation.
1.3 Ministry Objectives
1.4 The Study Programme
1.5 Terms of Reference for Year 1
2.0 COST BENEFIT ANALYSIS FOR THE CULTURAL
BUILT HERITAGE: THE CONCEPTUAL FOUNDATION
2.1 What is the Cultural Built Heritage?
2.2 What is Cost Benefit Analysis?
2.3 Conservation and Renewal of the Cultural
Built Heritage
3.0 THE BENEFITS OF CONSERVATION OF THE
CULTURAL
BUILT HERITAGE
3.1 The Growing Awareness
3.2 Primary Economic Benefits
3.3 Secondary Benefits
3.4 Distribution Effects
3.5 Summary of Conservation Benefits
4.0 COST BENEFIT ANALYSIS AS A FAMILY
OF METHODS
4.1 Incidence of Costs and Benefits of
Conservation.
4.2 Role of Impact Assessment in Cost Benefit
Analysis
4.3 TheFamily of CBA Methods
4.4 Value Content of Method
5.0 FlNANCIAL ANALYSIS
5.1 General
5.2 The Residual Method of Land Valuations
5.3 Social Financial Analysis
6.0 COST REVENUE ANALYSIS
6.1 General
6.2 Social Cost Revenue Analysis in
Conservation
7. 0 COST BENEFIT ANALYSIS
7. 1 Ex Ante Analysis
7. 2 Ex Post Analysis
8.0 COMMUNITY IMPACT EVALUATION
8. 1 The Need to Widen Out From Traditional CBA
8. 2 Widening Out Into Community Impact
Evaluation
8. 3 Some Features of CIE
8.4 Concepts of Efficiency, Equity and Trade Off in Community
Impact Evaluation
8.5 The Principle of Nesting
8.6 An Illustration: Chinatown in Centra1
London{16}
Annexe 1: Chinatown: Working Paper No.3(contents only)
9.0 MEASUREMENT OF COSTS IN CONSERVATION
9.1 Financial Cost Compared with Economic Cost
9.2 How to Assess the True Cost of
Conservation
10.0 MEASUREMENT OF BENEFITS IN
CBA AND CBH
10.1 Diverse Origins and Principles behind
Measurement
10.2 Micro-economic Theory in Cost Benefit
Analysis
10.3 The Consumer Demand Curve
10.3.1 General
10.3.2 Consumer Surplus.
10.3.3 Clawson-Knetsch Demand Curves{2}
10.3.4 Some Italian Experience
10.4 Economic Impact Analysis: The Multiplier
10.5 Value to the Community
10.6 Multi-dimensional Values
10.7 A Typology of Measurement
10.8 Scales of Measurement
REFERENCES
BIBLIOGRAPHY
