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New Zealand'S Economic Reforms And Changing Production Structure

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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 amojng 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 inout 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 shoe that some industries have been subject to large structural change and that shifts in New Zealand's patterns of industrial activity have occurred.

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Bibliographic Info

Paper provided by Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University in its series CAMA Working Papers with number 2005-16.

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Length: 43 pages
Date of creation: Jul 2005
Date of revision:
Handle: RePEc:een:camaaa:2005-16

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  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. Robert A Buckle & David Haugh & Peter Thomson, 2001. "Calm after the Storm?: Supply-side contributions to New Zealand’s GDP volatility decline," Treasury Working Paper Series 01/33, New Zealand Treasury.
  3. Redding, Stephen, 2002. "Specialization dynamics," Journal of International Economics, Elsevier, vol. 58(2), pages 299-334, December.
  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.
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