Tagged: fixed costs

Fixed costs in small countries - The Dismal Science

Eric Crampton Nov 27, 2014

Yesterday's column over at Interest.co.nz hit on some of the ridiculous self-imposed fixed costs of government policy in New Zealand. A taste:We could argue about the ridiculousness of the implementation of the New Zealand regime, or we could ask the more important question: why does this office [Office of Film and Literature Classification] exist at all? Why does a … Read More

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