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The impact of taxi deregulation on small urban areas: some New Zealand evidence

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  • Gaunt, Clive

Abstract

In 1989 the New Zealand government deregulated the taxicab industry. Barriers to entry and centralised fare setting were abandoned. This paper examines the impact of the deregulation on industry concentration and fares in urban areas with populations of less than 100 000. While there appears to be only minor changes in concentration and fares in these areas, the direction and magnitude of fare changes, in particular, appear to be related to the size of the urban centre. Two alternative explanations are offered for this result. Evidence is presented which supports one explanation and indicates that the deregulated taxi market is competitive.

Suggested Citation

  • Gaunt, Clive, 1995. "The impact of taxi deregulation on small urban areas: some New Zealand evidence," Transport Policy, Elsevier, vol. 2(4), pages 257-262, October.
    • Handle: RePEc:eee:trapol:v:2:y:1995:i:4:p:257-262
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    References listed on IDEAS

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    1. George J. Stigler, 1971. "The Theory of Economic Regulation," Bell Journal of Economics, The RAND Corporation, vol. 2(1), pages 3-21, Spring.
    2. Richard A. Posner, 1974. "Theories of Economic Regulation," Bell Journal of Economics, The RAND Corporation, vol. 5(2), pages 335-358, Autumn.
    3. Peltzman, Sam, 1976. "Toward a More General Theory of Regulation," Journal of Law and Economics, University of Chicago Press, vol. 19(2), pages 211-240, August.
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    Cited by:

    1. Vignon, Daniel & Yin, Yafeng & Ke, Jintao, 2023. "Regulating the ride-hailing market in the age of uberization," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 169(C).
    2. Schaller, Bruce, 2007. "Entry controls in taxi regulation: Implications of US and Canadian experience for taxi regulation and deregulation," Transport Policy, Elsevier, vol. 14(6), pages 490-506, November.

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