Abstract: New Zealand-s product markets experienced a surge in
import competition beginning from the late 1970-s when its
government began to promote a policy of more open markets. This
study considers how the trade liberalization aspect of the policy may
have influenced unionization and union-organizing success. For
describing the trade liberalization, a model shows how the removal of
import tariffs can lead to countervailing influences upon the union
membership of a domestic firm. The evidence supports the prediction
that union membership has been decreased rather than increased. In
the context of debates concerning globalization, it can be said that the
power of unions has been diminished.
Abstract: A property-s selling price is described as the result of
sequential bargaining between a buyer and a seller in an environment
of asymmetric information. Hedonic housing prices are estimated
based upon 17,333 records of New Zealand residential properties
sold during the years 2006 and 2007.
Abstract: A free-trade agreement is found to increase Thailand-s
agricultural imports from New Zealand, despite the short span of
time for which the agreement has been operational. The finding is
described by autoregressive estimates that correct for possible unit
roots in the data. The agreement-s effect upon imports is also
estimated while considering an error-correction model of imports
against gross domestic product.