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Deregulation and the New Zealand Agricultural Sector: A Review

Author

Listed:
  • Johnson, R.W.M.
  • Schroder, William R.
  • Taylor, N.W.

Abstract

Since July 1984 the New Zealand Government has been following a policy of disengagement and deregulation throughout the New Zealand economy. The impacts of the new policy have been felt at both the macro and the micro level. For the agricultural sector, a closer relationship to international prices and costs has been sought, with less industry assistance and direct support from the Government. With the removal of special privileges formerly enjoyed, the agricultural sector has also become more closely aligned with and vulnerable to changes in major macro parameters in the economy such as exchange rates, interest rates, inflation control and budget economies. The alignment of the agricultural economy with international prices and costs is likely to bring about a smaller and more competitive sector than was previously the case.

Suggested Citation

  • 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, December.
  • Handle: RePEc:ags:remaae:12445
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    File URL: http://purl.umn.edu/12445
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    References listed on IDEAS

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    1. Sandrey, Ronald A., 1988. "Privatisation in Agricultural Marketing: The Recent New Zealand Experience," 1988 Conference (32nd), February 8-11, 1988, Melbourne, Australia 144355, Australian Agricultural and Resource Economics Society.
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    Cited by:

    1. Rae, Allan N. & Nixon, Chris & Lattimore, Ralph G., 2003. "Adjustment to Agricultural Policy Reform - Issues and Lessons from the New Zealand Experience," Policy Reform and Adjustment Workshop, October 23-25, 2003, Imperial College London, Wye Campus 15741, International Agricultural Policy Reform and Adjustment Project (IAPRAP).
    2. 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), August.
    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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