Comparing large samples of merger markets for NZ and the US, and controlling for case-mix differences within samples using single competition variables, Pickford (2012) found that the proportion of markets challenged was lower in NZ. We extend this analysis using discrete choice modelling to...

This paper considers aspects of the competitive selection process in China - firm entry, survival, and exit - in an important sector of manufacturing, looking in particular for changes resulting from the latest stage of reforms. Using industry survey data from a province in North-East China, we...

This paper benchmarks the patent activities of a sample of OECD countries against the world frontier and explores the sources of the cross-country differences in patenting (regarded as a proxy for innovation). A patent production frontier is estimated for a panel of 21 OECD countries over the...

This paper considers aspects of the competitive selection process in China – firm entry, survival, and exit – in an important sector of manufacturing, looking in particular for changes resulting from the process of reform. Using industry census data from a province in North-East China, we...

Since the formation of the East Asian Summit (EAS) in 2005, Energy Market Integration (EMI) in East Asia has become one of the initiatives endorsed and actively promoted by EAS governments. Electricity market integration in East Asia is an important component of EMI. It is argued that an...

All around the world, electricity market reforms involve various forms of unbundling previously vertically integrated state-owned or privately owned electricity monopolies. New Zealand is the only country in the developed world that has implemented forced ownership unbundling of electricity...

New Zealand's current competition laws like Canada's are comparatively new. The Commerce Act (the "Act") and Canada's Competition Act were both passed in 1986. The New Zealand Act in essence recognises the efficiencies defence. Where a merger is likely to result in the acquisition of a dominant...

This paper analyses empirically the factors that influence the merger decision-making process of the New Zealand Commerce Commission using discrete-choice econometric modelling. Previous studies in various countries have typically modelled this process as involving a single step, even when a...