How do industry structures and other institutional arrangements affect growth and innovation in the New Zealand agricultural sector? Put another way how can those structures and arrangements be improved to better facilitate growth and innovation in the New Zealand agricultural sector? Addressing...

In an imperfectly competitive industry for a homogeneous good like electricity - with forward wholesale and retail markets - should upstream firms (generators) be vertically integrated with or separated from downstream firms (retailers)? Left to their own devices will firms integrate or separate...

Competition is often seen as important for improving investment incentives and consumer welfare particularly in deregulated infrastructure industries like electricity gas water and telecommunications. Richard Meade presents research on how industry structure and competition interact to affect...

ISCR Research Principal Richard Meade presented Ownership vs Regulation in Electricity Reform: The Role of Governance at The European Electricity Market 2005 conference held in Lodz, Poland in May.

Richard Meade presented The Multinationalisation of New Zealand Agri-Businesses: Drivers Implications Issues and Opportunities In Wellington on 6 December 2007. A recent report by Lew Evans and Richard Meade for MAF* highlights that New Zealand's major agricultural sectors are increasing their...

Setting aside certain complications that can arise due to market power it is a relatively straightforward matter to derive (if not implement) a valuation formula for FTRs and to relate FTR valuation with the proceeds of the FTR auction allowing for both taxation and auction efficiency. If the...

Cooperatives and other forms of farmer controlled businesses (FCBs) are major players in a number of New Zealand's agricultural sectors and together account for a significant share of New Zealand's economic activity. The New Zealand Ministry of Agriculture and Forestry (MAF) has commissioned the...

Various studies indicate a negative relationship between investment on the one hand and regulation reduced regulatory quality and increased regulatory uncertainty on the other. Shifts to a proportional representation form of government or to incentive regulation are specifically argued to reduce...

Decentralised electricity systems require effective price and quantity risk management mechanisms but the nature of such systems poses particular problems for satisfying those requirements. Among these problems are investment hold-up risks rooted in the competition facing both electricity...