Search the site by keyword

New Zealand’s productivity growth

Cover NZ prod

Athene Laws

Lisa Meehan

Date published

29 May 2015

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 shares, changes in industry real output prices and changes in industry reciprocal input prices. Consistent with Meehan (2014), industry labour productivity growth was a much larger component of aggregate labour productivity growth in New Zealand over the 1978-2011 period than changes in labour input shares. 

JEL Codes  C43 Index Numbers and Aggregate. D24 Production; Cost; Capital; Total Factor and Multifactor Productivity; Capacity. 


Filter publications by topic.

Load more publications