An Evaluation of Compulsory Levy Frameworks for the Provision of Industry-good Goods and Services: A New Zealand Case Study
A market failure exists in the supply of industry-good goods and services with characteristics of non-rivalry and non-excludability. Compulsory levy frameworks are one form of intervention that governments use to address this market failure. Key components of the New Zealand levy framework, the Commodity Levies Act 1990 (the CLA) are described. The CLA is then evaluated against the criteria of accountability, effectiveness, efficiency and fairness. Some key aspects of the Australian, United Kingdom (UK) and Canadian frameworks are also considered. The CLA is found to be strong on accountability, and to place strong performance incentives on industry organisations. The CLA is found to be fair to small and large-scale producers, and its flexibility enables efficiencies in administration and management of industry organisations.
|Date of creation:||Aug 2012|
|Date of revision:|
|Contact details of provider:|| Web page: http://www.nzares.org.nz/|
More information through EDIRC
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Jacobsen, V. & Scobie, G.M. & Duncan, A., 1995. "Statutory Intervention in Agricultural Marketing. A New Zealand Perspective," Papers 283, World Bank - Technical Papers.
When requesting a correction, please mention this item's handle: RePEc:ags:nzar12:136050. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (AgEcon Search)
If references are entirely missing, you can add them using this form.