IDEAS home Printed from https://ideas.repec.org/a/ags/remaae/12497.html
   My bibliography  Save this article

Corruption! At Flemington Markets? A Case Study in Public Policy

Author

Listed:
  • Tunstall, Allan W.

Abstract

A case study of attempts by producers to obtain market reform is presented. Important background to the case is producers traditional mistrust of middlemen and the alleged failure of government regulations to protect the interests of producers. The New South Wales Farmers Association have attacked the Markets as corrupt and riddled with fraudulent malpractice. The paper analyses the events and processes which followed these allegations. An attempt is made to obtain a better theoretical understanding of the nature of competition in the Markets. The role of the bureaucracy in perpetuating the situation through narrow adherence to simplistic economics is examined.

Suggested Citation

  • Tunstall, Allan W., 1992. "Corruption! At Flemington Markets? A Case Study in Public Policy," Review of Marketing and Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 60(01), pages 1-11, April.
    • Handle: RePEc:ags:remaae:12497
    DOI: 10.22004/ag.econ.12497
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/12497/files/60010057.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.12497?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. W.R. Stent, 1976. "Critique Of The Methodology Of Australian Agricultural Economics," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 20(1), pages 1-18, April.
    2. Baumol, William J, 1982. "Contestable Markets: An Uprising in the Theory of Industry Structure," American Economic Review, American Economic Association, vol. 72(1), pages 1-15, March.
    3. Richardson, Bob, 1986. "Some Current Issues In The Marketing Of Agricultural Products," Australian Journal of Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 30(2-3), pages 1-14, August.
    4. B.J. Standen, 1983. "Agricultural Policy Formation: The Differing Functions Of Independent Analysts And Advisers," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 27(2), pages 93-103, August.
    5. Stent, W.R., 1976. "Critique Of The Methodology Of Australian Agricultural Economics," Australian Journal of Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 20(1), pages 1-18, April.
    6. George A. Akerlof, 1970. "The Market for "Lemons": Quality Uncertainty and the Market Mechanism," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 84(3), pages 488-500.
    7. Bob Richardson, 1986. "Some Current Issues In The Marketing Of Agricultural Products," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 30(2-3), pages 89-102, 08-12.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Crase, Lin & Dollery, Brian, 1999. "The valuation of market information from livestock selling complexes," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 43(2), pages 1-14, June.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Chan, Edwin H.W. & Qian, Queena K. & Lam, Patrick T.I., 2009. "The market for green building in developed Asian cities--the perspectives of building designers," Energy Policy, Elsevier, vol. 37(8), pages 3061-3070, August.
    2. Wilfred Dolfsma, 2013. "Government Failure," Books, Edward Elgar Publishing, number 15372.
    3. ., 2013. "Concepts of economic competition and performance in context," Chapters, in: Competition, Diversity and Economic Performance, chapter 2, pages 20-47, Edward Elgar Publishing.
    4. Griffith, G.R., 2000. "Competition in the Food Marketing Chain," 2000 Conference (44th), January 23-25, 2000, Sydney, Australia 171911, Australian Agricultural and Resource Economics Society.
    5. Rashmi Banga, 2005. "Trade and foreign direct investment in services: A review," Indian Council for Research on International Economic Relations, New Delhi Working Papers 154, Indian Council for Research on International Economic Relations, New Delhi, India.
    6. Simmons, Phil, 1988. "Comment," Review of Marketing and Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 56(02), pages 1-2, August.
    7. Holmstrom, Bengt R. & Tirole, Jean, 1989. "The theory of the firm," Handbook of Industrial Organization, in: R. Schmalensee & R. Willig (ed.), Handbook of Industrial Organization, edition 1, volume 1, chapter 2, pages 61-133, Elsevier.
    8. Malcolm, Bill, 1990. "Fifty Years of Farm Management in Australia: Survey and Review," Review of Marketing and Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 58(01), pages 1-32, April.
    9. Joseph E. Stiglitz, 1991. "The Invisible Hand and Modern Welfare Economics," NBER Working Papers 3641, National Bureau of Economic Research, Inc.
    10. Lindner, Robert K., 1987. "Toward A Framework For Evaluating Agricultural Economics Research," Australian Journal of Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 31(2), pages 1-17, August.
    11. Aidan R. Vining, 2003. "Internal Market Failure: A Framework for Diagnosing Firm Inefficiency," Journal of Management Studies, Wiley Blackwell, vol. 40(2), pages 431-457, March.
    12. Joseph E. Stiglitz, 1989. "Symposium on Microeconomics: 1 Reflections on the State of Economics: 1988," The Economic Record, The Economic Society of Australia, vol. 65(1), pages 66-72, March.
    13. Quilkey, John J., 1988. "Teaching Marketing," Review of Marketing and Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 56(02), pages 1-2, August.
    14. Curtiss, Jarmila, 2012. "Determinants of Financial Capital Use: Review of theories and implications for rural businesses," Factor Markets Working Papers 123, Centre for European Policy Studies.
    15. Robert E. Martin, 2011. "The College Cost Disease," Books, Edward Elgar Publishing, number 14179.
    16. Sven Hoeppner, 2014. "The unintended consequence of doorstep consumer protection: surprise, reciprocation, and consistency," European Journal of Law and Economics, Springer, vol. 38(2), pages 247-276, October.
    17. Pindyck, Robert S., 2005. "Sunk Costs and Real Options in Antitrust," Working papers 18233, Massachusetts Institute of Technology (MIT), Sloan School of Management.
    18. Robert B. Ekelund Jr & Edward O. Price III, 2012. "The Economics of Edwin Chadwick," Books, Edward Elgar Publishing, number 14915.
    19. W. R. Schroder, 1989. "Future priorities in agribusiness education: An Australian perspective," Agribusiness, John Wiley & Sons, Ltd., vol. 5(3), pages 281-286.
    20. Gomber, Peter & Jäger, Benedikt, 2014. "MiFID: Eine systematische Analyse der Zielerreichung," SAFE White Paper Series 14, Leibniz Institute for Financial Research SAFE.

    More about this item

    Keywords

    Agricultural and Food Policy;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:remaae:12497. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/aaresea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.