The long-run impact of New Zealand's structural reform on local communities
AbstractNew Zealand underwent a period of comprehensive market-oriented economic reforms from 1984 to 1993. In this paper, we use data from the 1986, 1991, 1996 and 2001 New Zealand census to examine the long-run impact that these reforms had on local communities. We analyse the adjustment process in 140 local labour market areas by creating three measures of the impact of structural reform on local communities and examining the persistence of these shocks over time. We find that communities which experienced smaller employment shocks have higher employment rates and a more skilled workforce in the medium and long-term. Population shocks also have positive, sizeable and persistent effect on future population size. Overall, the initial impacts of the reforms undertaken in New Zealand on local communities appear to still endure more than a decade later.
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Bibliographic InfoArticle provided by Elsevier in its journal Journal of Comparative Economics.
Volume (Year): 38 (2010)
Issue (Month): 4 (December)
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Web page: http://www.elsevier.com/locate/inca/622864
Structural reform New Zealand Communities Local labour markets;
Other versions of this item:
- Steven Stillman & Malathi Velamuri, 2008. "The Long-Run Impact of New Zealand's Structural Reform on Local Communities," Working Papers 08_11, Motu Economic and Public Policy Research.
- R23 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Household Analysis - - - Regional Migration; Regional Labor Markets; Population
- R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
- J68 - Labor and Demographic Economics - - Mobility, Unemployment, and Vacancies - - - Public Policy
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