The authors in this issue |
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Authors: | J. C. Guria J. M. Kirby R. P. Willis |
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Affiliation: | 1. Department of Economics , Victoria University of Wellington , New Zealand;2. Department of Geography , Victoria University of Wellington |
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Abstract: | This paper analyses the impacts on a particular region of a recent policy change regarding public transit subsidy in New Zealand, under which the contributions of local authorities are increased from 0 to 50% of net direct expenditures. The options open to the community are examined and their effects on regional income, future development and social equitability are analysed. It also illustrates the cost effectiveness of a natural monopoly under increased accountability. |
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