In this chapter, we compare the experience of Australia and New Zealand over the period of microeconomic reform that began in the early 1980s. Of particular concern is the question of how New Zealand, with what were seen at the time as the ‘best’ set of economic policies in the OECD,...

General equilibrium models of Canada/US free trade have produced a wide range of predictions of the impact on the Canadian economy. This paper analyses the models from an 'industrial organisation' perspective, focusing on differences in assumptions about market elasticities and pricing...

New data on air fares offered on 29 trans-Tasman and domestic New Zealand routes are analysed to test whether competition between traditional or legacy airlines still matters for pricing in the new air travel regime characterised by internet booking systems and competition from low cost...

The paper will deal in turn with three sets of modelling issues: the question of 'data'; the 'micro' problem of specifying market behaviour, and the. 'macro' issue of 'closing' the models in aggregate. I will conclude with some suggestions for future research. The basic theme of the paper is...

The paper analyses more than ten thousand observations on prices charged for air travel on 1001 flights on eight New Zealand and twenty one trans-Tasman flights observed in 2004 and 2005. The main findings are (i) that routes on which Qantas competes with Air New Zealand tend to have air fares...

Qantas and Air New Zealand are seeking regulatory authorisation for a Tasman Networks Agreement that would in effect cartelise their trans-Tasman operations. They cite in support Reasons given by the Australian Competition Tribunal in its authorisation of their previous application to form a...

Professor Tim Hazledine presented Flying High? Pricing and Competition in the NZ and Tasman Air Travel Market at an ISCR seminar on 1 June 2005.