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New Zealand'S Economic Reforms And Changing Production Structure

Author

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  • Edda Claus
  • Iris Claus

Abstract

New Zealand's economic reforms beginning in 1984 have been one of the most radical and comprehensive programme of structural adjustment among OECD countries. This paper provides an empirical assessment of how New Zealand's production structure has changed since the early 1970s. The methodology used is input output analysis. The study is undertaken at the 25-industry level using inter industry transactions for 1971-72, 1976-77, 1981-82, 1986-87, 1990-91 and 1994-95. The results show that some industries have been subject to large structural change and that shifts in New Zealand's pattern of industrial activity have occurred.

Suggested Citation

  • Edda Claus & Iris Claus, 2005. "New Zealand'S Economic Reforms And Changing Production Structure," CAMA Working Papers 2005-16, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
    • Handle: RePEc:een:camaaa:2005-16
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    File URL: https://cama.crawford.anu.edu.au/sites/default/files/publication/cama_crawford_anu_edu_au/2021-06/16_claus_claus_2005.pdf
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    References listed on IDEAS

    as
    1. Lewis Evans & Arthur Grimes & Bryce Wilkinson, 1996. "Economic Reform in New Zealand 1984-95: The Pursuit of Efficiency," Journal of Economic Literature, American Economic Association, vol. 34(4), pages 1856-1902, December.
    2. Redding, Stephen, 2002. "Specialization dynamics," Journal of International Economics, Elsevier, vol. 58(2), pages 299-334, December.
    3. Robert Buckle & David Haugh & Peter Thomson, 2003. "Calm after the storm? Supply-side contributions to New Zealand's GDP volatility decline," New Zealand Economic Papers, Taylor & Francis Journals, vol. 37(2), pages 217-243.
    4. Melleny Black & Melody Guy & Nathan McLellan, 2003. "Productivity in New Zealand 1988 to 2002," New Zealand Economic Papers, Taylor & Francis Journals, vol. 37(1), pages 119-150.
    5. Robert A. Buckle, 2000. "Macroeconomic Stability: Good Luck, Good Policy or Good Management?," Competition & Regulation Times 373704, New Zealand Institute for the Study of Competition and Regulation.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    JEL classification:

    • C67 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Input-Output Models
    • L16 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Industrial Organization and Macroeconomics; Macroeconomic Industrial Structure

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