Valuing the benefits of public goods to meet the requirements of the Local Government Act in New Zealand
Abstract
The Local Government Amendment Act (No 3) requires Local Authorities to consider the distribution benefits from publicly provided services in relation to their expenditure and financing. This is feasible in the case of private goods where beneficiaries can be easily identified but is much more problematic with public goods where beneficiaries cannot easily
be identified.
The Local Government Act states that where expenditure is independent of the number of beneficiaries, generates benefits that do not accrue to identifiable persons or groups and generates benefits to the community generally, then: the costs of the expenditure should be allocated in a manner consistent with economic efficiency and appropriate to the manner and appropriate to the nature and distribution of the
benefits generated ... ' Local Government Amendment Act (No3) 1996 Part VIlA.
This paper reviews the economic methodologies available to evaluate benefits provided by public services. The paper uses Unit Day Values (UDV) to estimate the total benefit of Auckland Regional Parks.... [Show full abstract]
Keywords
unit day values; non-market valuation; local government; Local Government Amendment Act (No 3); economic modelling; public policyFields of Research
1402 Applied Economics; 160509 Public Administration; 140214 Public Economics- Publically Provided GoodsDate
2000Type
Journal ArticleCollections
Copyright © The Authors.