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New Zealand's economic reforms and changes in production structure

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  • Iris Claus

Abstract

New Zealand's reforms beginning in 1984 markedly improved the country's economic prospects. They were one of the most radical and comprehensive programmes of structural change among countries in the Organisation for Economic Co-operation and Development (OECD). This paper examines how New Zealand's production structure was transformed using input output analysis. The results show that the reforms rapidly affected the economy and industries were subject to large structural change. Trade liberalisation was a central aspect of the reforms and has had dramatic effects on some industries.

Suggested Citation

  • Iris Claus, 2009. "New Zealand's economic reforms and changes in production structure," Journal of Economic Policy Reform, Taylor & Francis Journals, vol. 12(2), pages 133-143.
  • Handle: RePEc:taf:jpolrf:v:12:y:2009:i:2:p:133-143
    DOI: 10.1080/17487870902872938
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    References listed on IDEAS

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    1. Erwin Diewert & Denis Lawrence, 1999. "Measuring New Zealand’s Productivity," Treasury Working Paper Series 99/05, New Zealand Treasury.
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    Cited by:

    1. Ralph Lattimore & Trinh Le & Iris Claus & Adolf Stroombergen., 2009. "Economic progress and puzzles : Long-term structural change in the New Zealand economy, 1953-2006," Macroeconomics Working Papers 23006, East Asian Bureau of Economic Research.
    2. Eldrede Kahiya & David Dean & Jeff Heyl, 2014. "Export barriers in a changing institutional environment: A quasi-longitudinal study of New Zealand’s manufacturing exporters," Journal of International Entrepreneurship, Springer, vol. 12(4), pages 331-364, December.

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