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28 Nov 2016
Achieving New Zealand's productivity potential outlines reasons why New Zealand has generally struggled to lift productivity over the last four decades and the broad areas of policy reform that would help in turning that around. It draws on recent research on New Zealand’s productivity and aims to give a more comprehensive...
This paper outlines the implications of adjusting productivity statistics for a variable rate of capacity utilisation of capital. Capacity utilisation data from the New Zealand Institute of Economic Research shows that capacity utilisation is not constant over time. Capacity utilisation adjustment leads to marginally lower...
New Zealand’s broad policy settings should generate GDP per capita 20% above the OECD average, but it is actually over 20% below average. Closing this gap would dramatically lift incomes and wellbeing for New Zealanders. The country has good resources – investment in physical capital and average years of...
Topics: International Research, Literature review, Research, Economic Growth, Productivity, Education & Training, Urban, Information & Communications Technology, Innovation, Science & Technology
This paper examines one key theme of modern spatial economics relating to city development: Do the major cities within and across countries increasingly attract a disproportionate share of knowledge intensive economic activities? We describe trends in shares of knowledge intensive economic activities within five major New...
Topics: Evaluation, Economic Growth, Grants, Funding, Contracts & Fundraising, Income & Wealth, Productivity, Governance & Kaitiakitanga, Policy, Innovation
The Seed Co-Investment Fund was established to help develop New Zealand’s angel equity market and, in doing so, catalyse angel investment into New Zealand seed and start-up companies that would not occur otherwise. There are two programme mechanisms: market development initiatives, i.e. education...
Topics: Methodology, Monitoring, Economic Growth, Grants, Funding, Contracts & Fundraising, Productivity
Business participation in government assistance programmes presents descriptive statistics on the businesses that participate in different types of government assistance programmes (GAP), including their size, industry, and characteristics. This report's purpose does not include evaluating any of these...
A firm’s business strategy does not exist in a vacuum; it requires employees to implement it. However, firms often say that they have difficulties hiring certain types of employees. Through interviews with firms and analysis of the 2008 New Zealand Business Operations Survey, this research explored the interaction between...
This paper tests the assumption of a Cobb-Douglas production function (a unitary elasticity of substitution between capital and labour) for 20 of New Zealand’s industries, using Statistics New Zealand’s industry-level productivity data. It also assesses how the Leontief production function (zero substitutability) may apply to...
16 Oct 2008
This paper describes Statistics New Zealand’s development of the prototype Longitudinal Business Database (LBD). The LBD is the result of a two-year feasibility study to integrate longitudinal administrative and survey data, at the enterprise level, that will meet users’ needs to better understand the dynamics of enterprise...
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...
Peer review status