Lew Evans and Neil Quigley presented, Regulation of Lines Networks at an ISCR half day seminar in March 2003.

Our analysis is concerned solely with the levy of rates on the value of the distribution networks of utilities (which may be on poles above ground or underground) and is not applicable to the land and buildings owned by utilities and rated under the standard residential and commercial rating...

Co-operatives provide a vehicle for the vertical integration of production andprocessing in agriculture. The producers provide capital for and control theprocessing entity so that their interests are aligned. Returns to producers bundle together the commodity price and the return from the...

Money and Medicines (WFB) analyses government provision of prescription pharmaceuticals in New Zealand focussing on the performance of the Pharmaceutical Management Agency Ltd. (Pharmac). Pharmac is a wholly owned subsidiary of the Transitional Health Authority (THA) and has the responsibility...

In this study we analyse the objectives underlying the Reserve Bank's policy ofmandatory local incorporation and provide an assessment of the effectiveness of the policy in meeting these objectives. We review both the legal and regulatory framework within which branches of foreign banks now...

In the last decade politicians from across the political spectrum have talked about 'transforming' New Zealand from an economy focused on land-based industries to an economy focused on investment in technology-based and high-value-added industries by promoting investment in and retaining New...

Allocative and productive efficiency are static concepts in the sense that they relate to welfare at a point in time. Allocative and productive efficiency reflect the outcome at a single point in time of resource allocation and production decisions.

Until the late 1980s competition between universities was limited and the allocation of funding by the University Grants Committee created a system that was more akin to central planning than to a competitive market. Following the advice of the Treasury the Labour government of the late 1980s...

Number 1 in the monograph series by ISCR. This issue published in July of 2001 has the following articles: Down on the farm is going global Can a large single Co-operative be efficient?The price of milk and the value of capitalThe discipline of open entry and exitWhat does open entry and exit...

In this Report we consider:1. How the potential for tacit and explicit collusion associated with joint dominance can best be assessed in merger applications.2. Whether the inclusion in section 47 of the Commerce Act of the competition test proposed above in place of the existing dominance test...