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Very little is known about the basic income and price responsiveness of New Zealand food markets. As far as we can determine, there has never been a complete disaggregated food demand model estimated for New Zealand. In a famous article, Court (1967) estimated a demand system for three red...
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New Zealand import protection was been reduced from amongst the highest in the developed world in the 1980’s to about the OECD average in 1999. At that point, Government stopped further reductions that had been planned. That policy has left import protection on apparel goods (clothing and...
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Twice in the last decade there have been surges in the demand for property in New Zealand - what could be described as speculative bubbles. An important part of these demands has been that for owner occupied housing. This has occurred in a generally buoyant economic environment since the early...
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