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A Note on Perry's Reconsideration of Macroeconomic Evidence from New Zealand

  • Paul Dalziel
  • David Peetz
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    "Perry in this journal draws on two new sources to challenge claims by Dalziel (2002) and Peetz (2005) about relatively weak labour productivity growth in New Zealand after the introduction of its Employment Contracts Act (ECA) in 1991. While new data raise further research questions, they do not overturn our original conclusions. Whether the ECA contributed to higher labour input growth compared with Australia, it failed to improve labour productivity growth." Copyright (c)2008 The University of Melbourne, Melbourne Institute of Applied Economic and Social Research.

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    Article provided by The University of Melbourne, Melbourne Institute of Applied Economic and Social Research in its journal Australian Economic Review.

    Volume (Year): 41 (2008)
    Issue (Month): 4 (December)
    Pages: 389-393

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    Handle: RePEc:bla:ausecr:v:41:y:2008:i:4:p:389-393
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    1. Paul Dalziel, 2002. "New Zealand's Economic Reforms: An assessment," Review of Political Economy, Taylor & Francis Journals, vol. 14(1), pages 31-46.
    2. Aaron Drew, 2007. "New Zealand's productivity performance and prospects," Reserve Bank of New Zealand Bulletin, Reserve Bank of New Zealand, vol. 70, March.
    3. L. J. Perry, 2006. "Do Workplace Contracts Harm Labour Productivity Growth? A Reconsideration of the Macroeconomic Evidence from New Zealand," Australian Economic Review, The University of Melbourne, Melbourne Institute of Applied Economic and Social Research, vol. 39(4), pages 359-375, December.
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