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Improved productivity measurement in New Zealand's Longitudinal Business Database

Author

Listed:
  • Richard Fabling

    (Independent researcher)

  • David C. Maré

    (Motu Economic and Public Policy Research)

Abstract

Accounts information that businesses supply to Inland Revenue for tax purposes provide over 96% of the observations in the productivity dataset in the Longitudinal Business Database. In 2013, material changes in the data collected halted the annual updating of the productivity dataset. This paper describes a method for accounting for these raw data discontinuities, and revisits the prior productivity dataset methodology, implementing wholesale changes that improve the overall quality of the data and the versatility of the productivity dataset.

Suggested Citation

  • Richard Fabling & David C. Maré, 2019. "Improved productivity measurement in New Zealand's Longitudinal Business Database," Working Papers 19_03, Motu Economic and Public Policy Research.
    • Handle: RePEc:mtu:wpaper:19_03
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    File URL: https://motu-www.motu.org.nz/wpapers/19_03.pdf
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    References listed on IDEAS

    as
    1. Richard Fabling & David C Maré, 2015. "Production function estimation using New Zealand’s Longitudinal Business Database," Working Papers 15_15, Motu Economic and Public Policy Research.
    2. Richard Fabling & Lynda Sanderson, 2014. "Productivity distributions in New Zealand: The dangers of international comparison," Working Papers 14_16, Motu Economic and Public Policy Research.
    3. Richard Fabling & Lynda Sanderson, 2016. "A Rough Guide to New Zealand's Longitudinal Business Database (2nd edition)," Working Papers 16_03, Motu Economic and Public Policy Research.
    4. David C. Maré & Dean R. Hyslop & Richard Fabling, 2017. "Firm productivity growth and skill," New Zealand Economic Papers, Taylor & Francis Journals, vol. 51(3), pages 302-326, September.
    5. Richard Fabling & David C Maré, 2015. "Addressing the absence of hours information in linked employer-employee data," Working Papers 15_17, Motu Economic and Public Policy Research.
    6. Richard Fabling, 2011. "Keeping it Together: Tracking Firms on New Zealand’s Longitudinal Business Database," Working Papers 11_01, Motu Economic and Public Policy Research.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
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    Cited by:

    1. Richard Fabling & David C. Maré, 2020. "Measuring commute patterns over time: Using administrative data to identify where employees live and work," Working Papers 20_05, Motu Economic and Public Policy Research.
    2. Fabling, Richard & Grimes, Arthur, 2021. "Picking up speed: Does ultrafast broadband increase firm productivity?," Information Economics and Policy, Elsevier, vol. 57(C).
    3. Lynda Sanderson & Garrick Wright-McNaughton & Naomitsu Yashiro, 2022. "Does high-speed internet boost exporting?," Working Papers 2022/02, New Zealand Productivity Commission.
    4. Richard Fabling, 2021. "Living on the edge: An anatomy of New Zealand’s most productive firms," Working Papers 21_01, Motu Economic and Public Policy Research.
    5. Richard Fabling, 2021. "Of interest? Estimating the average interest rate on debt across firms and over time," Working Papers 21_05, Motu Economic and Public Policy Research.
    6. Corey Allan & David C Maré, 2021. "Do workers share in firm success? Pass-through estimates for New Zealand," Working Papers 21_15, Motu Economic and Public Policy Research.
    7. Corey Allan & David C. Maré, 2022. "Who benefits from firm success? Heterogeneous rent-sharing in New Zealand," Working Papers 22_03, Motu Economic and Public Policy Research.
    8. David C. Maré & Richard Fabling, 2019. "Competition and productivity: Do commonly used metrics suggest a relationship?," Working Papers 19_16, Motu Economic and Public Policy Research.
    9. Donovan, Stuart & de Graaff, Thomas & Grimes, Arthur & de Groot, Henri L.F. & Maré, David C., 2022. "Cities with forking paths? Agglomeration economies in New Zealand 1976–2018," Regional Science and Urban Economics, Elsevier, vol. 95(C).
    10. David C. Maré & Jacques Poot, 2019. "Valuing cultural diversity of cities," Working Papers 19_05, Motu Economic and Public Policy Research.

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    More about this item

    Keywords

    Stats NZ Longitudinal Business Database; production function; multifactor productivity; administrative data;
    All these keywords.

    JEL classification:

    • D20 - Microeconomics - - Production and Organizations - - - General
    • D24 - Microeconomics - - Production and Organizations - - - Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity

    NEP fields

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