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Current Changes in New Zealand Agriculture: A Review

Author

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  • Johnson, R.W.M.

Abstract

In the period under review the New Zealand agricultural sector has continued to be sensitive to changes in macroeconomic policies in the economy as a whole. This has not altered with the change of Government in October 1990. The combined forces of low commodity prices, increased costs, and government policy changes brought about a period of readjustment through 1985-86 and 1986-87 which now appears to be completed. Recovery was assisted by favourable terms of trade through 1988-89 and 1989-90. Output from the agricultural sector appears to have stabilised rather than decreased; the downturn in the terms of trade in the 1990-91 season has brought about a further reduction in investment and incomes.

Suggested Citation

  • Johnson, R.W.M., 1991. "Current Changes in New Zealand Agriculture: A Review," Review of Marketing and Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 59(02), pages 1-19, August.
  • Handle: RePEc:ags:remaae:12342
    DOI: 10.22004/ag.econ.12342
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    References listed on IDEAS

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    1. Johnson, R.W.M. & Schroder, William R. & Taylor, N.W., 1989. "Deregulation and the New Zealand Agricultural Sector: A Review," Review of Marketing and Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 57(01-02-03), pages 1-28, December.
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    Cited by:

    1. Johnson, R.W.M., 1996. "New Zealand Agricultural Policy Review: 1994-1996 I: Macro Policy," Review of Marketing and Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 64(03), pages 1-15, December.
    2. Johnson, R.W.M., 1993. "New Zealand Agricultural Policy Review: 1991-93," Review of Marketing and Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 61(03), pages 1-26, December.
    3. Harris, David N. & Rae, Allan N., 2004. "Agricultural Policy Reform and Industry Adjustment in Australia and New Zealand," IAPRAP\IATRC Summer Symposium, Adjusting to Domestic and International Agricultural Reform in Industrial Countries, June 6-7, 2004, Philadelphia, PA, 15762, International Agricultural Policy Reform and Adjustment Project (IAPRAP).

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    Keywords

    Agricultural and Food Policy;

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