New Zealand Productivity Commission
04 903 5150
We are an independent Crown entity, that provides advice to the Government on improving productivity.
37 results found
This Cut to the Chase highlights three recent papers that use firm-level data to understand better the productivity of New Zealand firms: "Firm productivity growth and skills" by David Maré, Dean Hyslop and Richard Fabling; "Production function estimation using New Zealand’s Longitudinal Business Database" by Richard Fabling and David Maré; and "Addressing the absence of hours information in...
New Zealand has a poor productivity track record at the level of the aggregate economy and there is little evidence of productivity “catching up” towards that of leading economies. At the same time, there is a very wide distribution of productivity levels among firms within the same industries and it is at least possible that some New Zealand firms are among the most productive in their industry...
Topics: Research, Housing & Homelessness, Environment, Governance & Kaitiakitanga, Local Government, Lifestyle & Standard of Living
In recent years, New Zealand’s population has grown at one of the fastest rates in the OECD. Most of this growth has been concentrated in cities, especially Auckland. Growing populations need more housing, yet New Zealand cities have struggled to provide enough land to meet this demand. This includes new land (eg, greenfields at the edges of cities) and opportunities to use existing city land...
Topics: Research, Economic Growth, Grants, Funding, Contracts & Fundraising, Productivity, Innovation
International comparisons suggest that, although the New Zealand public sector invests considerable resources into scientific research, New Zealand firms are not particularly effective at generating applied knowledge and even less so at turning it into commercial products. However, these findings are based on aggregate data and there is limited evidence on innovative activity at the firm level....
Topics: Evaluation, Research, Economic Growth, Employment & Labour, Grants, Funding, Contracts & Fundraising, Productivity, Governance & Kaitiakitanga, Innovation
This paper examines the impact of government assistance through R&D grants on innovation output for firms in New Zealand. Using a large database that links administrative and tax data with survey data, we are able to control for large number of firm characteristics and thus minimise selection bias. We find that receipt of an R&D grant significantly increases the probability that a firm in...
This paper uses a cohort approach to examine firm dynamics and employment growth in New Zealand. Consistent with overseas evidence, we find a large degree of churn in the economy, with many new, mostly small, firms being created each year. Many of these firms disappear relatively quickly, but those that manage to survive experience reasonable employment growth on average. However, much of this “...
This note applies Diewert (2014a)’s productivity growth decomposition method to New Zealand data. This approach decomposes aggregate labour productivity growth into: industry labour productivity growth, changes in industry labour input shares and changes in industry real output prices. Similarly, aggregate MFP growth is decomposed into: industry MFP growth, changes in industry input...
Topics: Evaluation, Research, Community Development, Economic Growth, Employment & Labour, Productivity, Social Services, Governance & Kaitiakitanga, Whānau Ora, Disability, Māori, Older People, Information & Communications Technology, Innovation
The Commission has been asked to look at ways to improve how government agencies commission and purchase social services. This will include how agencies identify the needs of people who use the services, how they choose organisations to provide the services, and how the contracts between agencies and organisations work.
Topics: International Research, Research, Economic Growth, Employment & Labour, Income & Wealth, Productivity
There is international interest in changes in the labour income share. In part, this reflects concerns that in a number of countries, real wage growth has not kept pace with labour productivity growth in an environment of rapidly changing technology. This paper investigates changes in the labour income share in the “measured sector” of the New Zealand economy and provides insights into the causes...
This research note focusses on the operation and role of the decumulation market in the context of an ageing population. This market includes financial products and activities which help people convert assets that have been built up earlier in life into incomes at and throughout retirement. This can include annuities, income drawdown and home equity release. This market can also include products...
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