WASHINGTON (CNN) -- New York City Mayor Michael Bloomberg has said he has no plans to run for president in 2008, but New Yorkers overwhelmingly believe he would make a better president than his predecessor, GOP presidential hopeful Rudy Giuliani.

According to a New York Daily News poll released Monday, 46 percent of New Yorkers chose Bloomberg while only 29 percent chose Giuliani in a head-to-head matchup of the two mayors.

Moreover, the poll also indicates New Yorkers believe Bloomberg to be a better mayor than Giuliani. Asked who was a more effective mayor, 56 percent said Bloomberg while 29 percent picked Giuliani. 10 percent ranked them about the same and 5 percent said they didn't know.

The poll, conducted for the Daily News by Blum & Weprin Associates, surveyed 503 registered voters and carries a margin of error of plus or minus 4.5 percentage points.

-- CNN Ticker Producer Alexander Mooney