Commercialization of Postal and Delivery Services: National and International Perspectives

  • Michael A. Crew
  • Paul R. Kleindorfer

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

Table of contents

  1. Front Matter
    Pages i-xvii
  2. Maurice C. Castro
    Pages 27-44
  3. Thomas Grzesiak, Thomas Reenberg
    Pages 79-91
  4. Michael A. Crew, Paul R. Kleindorfer
    Pages 117-136
  5. Michael D. Bradley, Jeff Colvin
    Pages 137-153
  6. Ian Reay
    Pages 155-164
  7. Walpurga A. K. Speckbacher
    Pages 165-180
  8. E. Rand Costich, W. Gail Willette
    Pages 237-245
  9. Helmuth Cremer, Marc De Rycke, André Grimaud
    Pages 247-267
  10. John Nankervis, Frank Rodriguez
    Pages 269-284

About this book

Introduction

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.

Keywords

Deregulation Post business innovation performance productivity

Editors and affiliations

  • Michael A. Crew
    • 1
  • Paul R. Kleindorfer
    • 2
  1. 1.Graduate School of ManagementRutgers UniversityNewarkUSA
  2. 2.The Wharton SchoolUniversity of PennsylvaniaPhiladelphiaUSA

Bibliographic information

  • DOI https://doi.org/10.1007/978-1-4615-2784-8
  • Copyright Information Kluwer Academic Publishers 1995
  • Publisher Name Springer, Boston, MA
  • eBook Packages Springer Book Archive
  • Print ISBN 978-1-4613-6203-6
  • Online ISBN 978-1-4615-2784-8
  • About this book