Demographic Change and New Zealand’s Economic Growth
AbstractNew Zealand has, by OECD standards, high birth rates. This has provided New Zealand with a relatively young population and continuing labour force growth. Both these features are, on many accounts, good for economic growth. Yet most discussions of New Zealand’s economic performance and its prospects for moving up the OECD income distribution have paid little attention to demography. This paper defines “demography” narrowly as population size, growth, and age-structure, and examines the likely effects on New Zealand’s growth rate in GDP per capita, relative to the rest of the OECD. The first part of the paper gives a broad overview of trends in population size and age structure in New Zealand and elsewhere in the OECD. The second part describes selected demographic trends in more detail and discusses their economic significance. The overall conclusion is future demographic trends are likely to provide New Zealand with a small advantage, relative to the rest of the OECD.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by New Zealand Treasury in its series Treasury Working Paper Series with number 03/04.
Length: 27 pages
Date of creation: Mar 2003
Date of revision:
Contact details of provider:
Postal: New Zealand Treasury, PO Box 3724, Wellington, New Zealand
Phone: +64-4-472 2733
Fax: +64-4-473 0982
Web page: http://www.treasury.govt.nz
More information through EDIRC
New Zealand; OECD; demography; economic growth;
Find related papers by JEL classification:
- J1 - Labor and Demographic Economics - - Demographic Economics
This paper has been announced in the following NEP Reports:
- NEP-MAC-2003-07-10 (Macroeconomics)
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Assaf Razin & Efraim Sadka & Phillip Swagel, 2002.
"The Aging Population and the Size of the Welfare State,"
Journal of Political Economy,
University of Chicago Press, vol. 110(4), pages 900-918, August.
- Razin, A. & Sadka, E. & Swagel, P., 2000. "The Aging Population and the Size of the Welfare State," Papers 2000-23, Tel Aviv.
- Razin, Assaf & Sadka, Efraim & Swagel, Phill, 2001. "The Aging Population and the Size of the Welfare State," CEPR Discussion Papers 2930, C.E.P.R. Discussion Papers.
- Assaf Razin & Efraim Sadka & Phillip Swagel, 2001. "The Aging Population and the Size of the Welfare State," NBER Working Papers 8405, National Bureau of Economic Research, Inc.
- Brander, James A & Dowrick, Steve, 1994.
"The Role of Fertility and Population in Economic Growth: Empirical Results from Aggregate Cross-National Data,"
Journal of Population Economics,
Springer, vol. 7(1), pages 1-25.
- James A. Brander & Steve Dowrick, 1993. "The Role of Fertility and Population in Economic Growth: Empirical ResultsFrom Aggregate Cross-National Data," NBER Working Papers 4270, National Bureau of Economic Research, Inc.
- Namkee Ahn & Pedro Mira, . "A note on the changing relationship between fertility and female employment rates in developed countries," Working Papers 99-09, FEDEA.
- Hurd, Michael D., 1993. "The economics of individual aging," Handbook of Population and Family Economics, in: M. R. Rosenzweig & Stark, O. (ed.), Handbook of Population and Family Economics, edition 1, volume 1, chapter 16, pages 891-966 Elsevier.
- Namkee Ahn & Pedro Mira, .
"A note on the changing relationship between fertility and female employment rates in developed countries,"
Studies on the Spanish Economy
- Pedro Mira & Namkee Ahn, 2002. "A note on the changing relationship between fertility and female employment rates in developed countries," Journal of Population Economics, Springer, vol. 15(4), pages 667-682.
- Ahn, N. & Mira, P., 1999. "A Note on the Changing Relationship Between Fertility and Female Employment Rates in Developed Countries," Papers 9903, Centro de Estudios Monetarios Y Financieros-.
- John Bryant, 2003. "Modelling the Effect of Population Ageing on Government Social Expenditures," Treasury Working Paper Series 03/15, New Zealand Treasury.
- John Bryant, 2003. "The Ageing of the New Zealand Population, 1881-2051," Treasury Working Paper Series 03/27, New Zealand Treasury.
- Cat Moody, 2006. "Migration and Economic Growth: a 21st Century Perspective," Treasury Working Paper Series 06/02, New Zealand Treasury.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Web and Publishing Team, The Treasury).
If references are entirely missing, you can add them using this form.