Why the application of resource accounting and budgeting did not distort the 2002 strategic review of water charges in Scotland
Midwinter, Arthur and Ashcroft, Brian (2006) Why the application of resource accounting and budgeting did not distort the 2002 strategic review of water charges in Scotland. Quarterly Economic Commentary, 31 (2). pp. 60-63. ISSN 0306-7866
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Abstract
The recent paper by J and M Cuthbert continues the arguments they made earlier in the Commentary that errors in the application of Resource Accounting and Budgeting led to water customers being “overcharged”. Moreover, whilst the “implementation of the new control regime was meant to be neutral, the amount of borrowing available to the water industry under the new regime was clearly very restrictive compared to the borrowing limits applied to the industry” (Cuthbert and Cuthbert 2003; 2006).
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Item type: Article ID code: 46953 Dates: DateEventOctober 2006PublishedSubjects: Social Sciences > Economic Theory Department: Strathclyde Business School > Economics
Strathclyde Business School > Fraser of Allander InstituteDepositing user: Pure Administrator Date deposited: 27 Feb 2014 14:44 Last modified: 17 Sep 2024 00:32 Related URLs: URI: https://strathprints.strath.ac.uk/id/eprint/46953