Growing global: the multinationalisation of New Zealand agriculture

Richard Meade

No 372404, Competition & Regulation Times from New Zealand Institute for the Study of Competition and Regulation

Abstract: What is the source of New Zealand's comparative advantage in agriculture, and from where can growth in agriculture-sector returns be expected? Our distance from markets, the growing concerns over 'food miles', risks from climate change, rising land values, competitive pressures from lower-wage countries, and failure to secure breakthroughs in agriculture-trade liberalisation all present challenges to growth. An important response of the New Zealand agriculture sector to these challenges has been 'multinationalisation' - the increasing international diversification of supply by New Zealand primary producers and processors through ownership and other means. Richard Meade explains.

Date: 2008-07-01
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Persistent link: https://EconPapers.repec.org/RePEc:vuw:vuwcrt:372404

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