Structure, conduct & performance in the New Zealand wool scouring industry
This thesis is an investigation into the efficiency of resource use in the New Zealand Wool Souring Industry. The principle hypothesis is that the mix of resources used by the industry is applied optimally in relation to the demand for scouring services. Therefore the industry is maximizing its contribution to the community. The methodology employed is Industrial Organizational Analysis. It is a method pioneered by Professor J. S. Bain to study American Industry. It is a descriptive rather than an analytical technique and serves to identify problems or unsatisfactory performances within industries. The perfect market concept is central to the methodology and acts as a model to determine the cases of irregularities in performance. Industry performance can be measured in terms of technical and allocative efficiency. The former is concerned with the scale of operations in the industry and the latter with the overall allocation of resources. With technical efficiency it is important to establish the potential economies of scale in relation to the capacities of plants in the industry. It was found in the scouring industry that economies of scale were insignificant and the capacities of most plants adequate to take advantage of available technical efficiencies. However it became apparent early in the study that a serious over-capacity existed in the industry. A large part of the blame for this defect could be linked back to institutional regulation governing price setting within the industry.... [Show full abstract]
Keywordswool scouring industry; wool industry; industrial organisation analysis; descriptive statistics; industry structure; New Zealand wool industry
Fields of Research150306 Industrial Relations; 070106 Farm Management, Rural Management and Agribusiness; 140201 Agricultural Economics
Access RightsDigital thesis can be viewed by current staff and students of Lincoln University only. Print copy available for reading in Lincoln University Library.
Showing items related by title, author, creator and subject.
Marketing of agricultural and horticultural products : selected examples, apples, barley, summerfruit, wool Nicholson, K. B. (Lincoln University. Agribusiness and Economics Research Unit., 1990-07)This report provides insights into selected primary industries in New Zealand. The primary industries covered are apple, barley, summerfruit, and wool. Production, marketing, and organisation are examined, along with quality ...
Who gets their hands 'dirty' in the knowledge society? Training for the skilled trades in New Zealand Murray, Nicole A. (Lincoln UniversityCanterbury, 2004)The vision of New Zealand as a 'knowledge society' is a mantra that has opened the twenty-first century. Underpinning any 'knowledge society', however; are people who turn resources into concrete products and who build, ...
Crabb, D. H. (Lincoln College (Lincoln, N.Z.).Lincoln College. Canterbury. New Zealand., 1982)The Lincoln College Farmers’ Conference was an annual event held over a period of thirty six years from 1951 to 1986. It was a forum for farmers with participation in the early years by district nomination. The strength ...