Gow, Hamish R.; Stevenson, Mark; Westgren, Randall E.; … - Agricultural and Applied Economics Association - AAEA - 2005
The structure of the New Zealand merino industry has been through a period of rapid organizational change and marketing … price to a market structure composed of both privately controlled strongly vertically integrated marketing initiatives … concurrently along side the traditional spot auction markets. The emergence of these new marketing structures has thus forced …