IDEAS home Printed from https://ideas.repec.org/a/cup/buhirw/v81y2007i02p297-321_00.html
   My bibliography  Save this article

Rent Seeking or Market Strengthening? Industry Associations in New Zealand Wool Broking

Author

Listed:
  • Ville, Simon

Abstract

This paper builds on recent conceptual work about associations that is drawn from the new institutional economics. It uses evidence from New Zealand wool broking to indicate the circumstances in which industry associations can operate effectively and in the broader public interest. Through their strong associative capacity and effective specialization of function, wool-broking industry associations developed flexible routines for managing wool auctions, mediated disputes, mitigated opportunism, addressed major market disruptions, and served as a communication channel with government. External pressures and monitoring from other business interests, governments, and a competitive wool market constrained rent-seeking behavior, preventing members from benefiting at the expense of others.

Suggested Citation

  • Ville, Simon, 2007. "Rent Seeking or Market Strengthening? Industry Associations in New Zealand Wool Broking," Business History Review, Cambridge University Press, vol. 81(2), pages 297-321, July.
    • Handle: RePEc:cup:buhirw:v:81:y:2007:i:02:p:297-321_00
    as

    Download full text from publisher

    File URL: https://www.cambridge.org/core/product/identifier/S0007680500003378/type/journal_article
    File Function: link to article abstract page
    Download Restriction: no
    ---><---

    Citations

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


    Cited by:

    1. Frank Siedlok & Natasha Hamilton‐Hart & Hsiao‐Chen Shen, 2022. "Taiwan's COVID‐19 Response: The Interdependence of State and Private Sector Institutions," Development and Change, International Institute of Social Studies, vol. 53(1), pages 190-216, January.
    2. John Singleton & James Reveley, 2013. "Business Associations as legitimacy-seekers: the case of CLCB," Working Papers 13005, Economic History Society.

    More about this item

    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:cup:buhirw:v:81:y:2007:i:02:p:297-321_00. 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.

    We have no bibliographic references for this item. You can help adding them by using 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: Kirk Stebbing (email available below). General contact details of provider: https://www.cambridge.org/bhr .

    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.