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Commercialization of Postal and Delivery Services: National and International Perspectives

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  • © 1995

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Part of the book series: Topics in Regulatory Economics and Policy (TREP, volume 19)

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  • 11 Citations

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About this book

xiii • We have almost the cheapest letter price in the OEeD. • We've quadrupled the retail outlets where you can buy stamps, but closed three quarters of our Post Offices. On time delivery is better than 97%. • The workforce has been reduced by 40%, with a 25% increase in volumes over the period. Real unit costs, measured by total real expenditure divided by total volumes, have been reduced by over 20%. What do these results and achievements mean for policy setters around the world? In particular, do these results for New Zealand Post prove that it is a commercial business, and what are the lessons for other postal businesses? Market Forces New Zealand Post presently has a limited letter monopoly, a 45 cent letter price against an 80 cent competitive floor price. The existence of this level of protection somehow negates the company's commercial achievements. The combination of high efficiency and low prices cannot persuade everyone that the results are not my view, are the only ones that can solely monopoly driven. Market forces, in answer my question: is New Zealand Post a commercial organization? We need the test offree and open competition to see whether we've got the business formula right. Before advancing this argument, which in essence is the case for deregulation, it may be useful to distinguish between market behavior and Post behavior.

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Table of contents (18 chapters)

Editors and Affiliations

  • Graduate School of Management, Rutgers University, Newark, USA

    Michael A. Crew

  • The Wharton School, University of Pennsylvania, Philadelphia, USA

    Paul R. Kleindorfer

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Bibliographic Information

  • Book Title: Commercialization of Postal and Delivery Services: National and International Perspectives

  • Editors: Michael A. Crew, Paul R. Kleindorfer

  • Series Title: Topics in Regulatory Economics and Policy

  • DOI: https://doi.org/10.1007/978-1-4615-2784-8

  • Publisher: Springer New York, NY

  • eBook Packages: Springer Book Archive

  • Copyright Information: Springer Science+Business Media New York 1995

  • Hardcover ISBN: 978-0-7923-9514-0Published: 30 November 1994

  • Softcover ISBN: 978-1-4613-6203-6Published: 08 October 2012

  • eBook ISBN: 978-1-4615-2784-8Published: 06 December 2012

  • Series ISSN: 2730-7468

  • Series E-ISSN: 2730-7476

  • Edition Number: 1

  • Number of Pages: XVII, 284

  • Topics: Industrial Organization, Microeconomics, Management

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