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    The deregulation of New Zealand agriculture : market intervention (1964-84) and free market readjustment (1984-90)

    Johnston, WE; Frengley, GAG
    Abstract
    The impacts of deregulation on New Zealand's agricultural sector are examined. Economic liberalization of all sectors of economic activity is the hallmark of current economic policy designs in New Zealand. This is in sharp contrast to previous policies reliant on massive government assistance to and intervention in agriculture. The study provides insights into the cumulative and distortionary extent of previous assistance policies, discusses the rationale in removing public financial assistance, and reviews the readjustment process. As a case study, New Zealand's experience reveals difficulties which may confront farmers in other economies where policy makers seek a return to free market conditions.... [Show full abstract]
    Keywords
    deregulation; economic policies; agricultural policy; structural adjustment; New Zealand
    Fields of Research
    140201 Agricultural Economics
    Date
    1991-07
    Type
    Journal Article
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    • Department of Land Management and Systems [402]
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    Copyright 1991 Western Agricultural Economics Association
    Citation
    Johnston, W. E., & Frengley, G. A. G. (1991). The deregulation of New Zealand agriculture: Market intervention (1964-84) and free market readjustment (1984-90). Western Journal of Agricultural Economics, 16(1), 132-143.
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