At a Fabian meeting in Wellington on Tuesday 16th April, Dr Geoff Bertram presented an overview of the relationship between asset values and regulation. Geoff's full presentation is in the Resources section of the website. He provides a theoretical overview of the way how these relate, and some evidence of the profit and pricing outcomes with particular reference to New Zealand's electricity gentailers and Wellington Airport. Topical and relevant.
Other papers on the same topic by Geoff and by Peter harris, Jim Turner and Dick Werry are also relevant.