Tagged: Aaron Schiff

Competition in small markets - The Dismal Science

Eric Crampton Sep 13, 2013

Another for the "New Zealand's Fixed Costs Matter" file: Aaron Schiff posts on the relative lack of competition in New Zealand. Where inefficient firms are driven from the market in other places, New Zealand has a long tail of pretty unproductive outfits. Roger Procter has dug into the stats a bit deeper and found that some New Zealand firms have … Read More