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Production function estimation using New Zealand’s Longitudinal Business Database

Author

Listed:
  • Richard Fabling

    (Motu Economic and Public Policy Research)

  • David C Maré

    (Motu Economic and Public Policy Research)

Abstract

This paper is intended as a resource for researchers using the New Zealand Longitudinal Business Database (LBD) to study the productivity of New Zealand firms. First, it documents the methods used for creating a consistent dataset of production data, combining survey and administrative data sources. Second, it discusses a range of identification and estimation issues that arise when using the data for the estimation of multi-factor productivity. Finally, it demonstrates the value and usefulness of the data by presenting and comparing a range of productivity estimates for a single industry.

Suggested Citation

  • 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.
    • Handle: RePEc:mtu:wpaper:15_15
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    File URL: https://motu-www.motu.org.nz/wpapers/15_15.pdf
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    References listed on IDEAS

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    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. 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.
    3. Rho, Yeirae & Fabrizi, Simona & Lippert, Steffen, 2021. "Employee characteristics, absorptive capacity and innovation," MPRA Paper 106407, University Library of Munich, Germany, revised 04 Mar 2021.
    4. Fabling, Richard & Grimes, Arthur, 2021. "Picking up speed: Does ultrafast broadband increase firm productivity?," Information Economics and Policy, Elsevier, vol. 57(C).
    5. Eyal Apatov & Richard Fabling & Adam B Jaffe & Michele Morris & Matt Thirkettle, 2015. "Agricultural productivity in New Zealand: First estimates from the Longitudinal Business Database," Working Papers 15_13, Motu Economic and Public Policy Research.
    6. 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.
    7. Richard Fabling, 2018. "Entrepreneurial beginnings: Transitions to self-employment and the creation of jobs," Working Papers 18_12, Motu Economic and Public Policy Research.
    8. 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.
    9. 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.
    10. David Christopher Maré & Richard Fabling, 2013. "Productivity and Local Workforce Composition," Advances in Spatial Science, in: Riccardo Crescenzi & Marco Percoco (ed.), Geography, Institutions and Regional Economic Performance, edition 127, pages 59-76, Springer.
    11. Adam Jaffe & Nathan Chappell, 2018. "Worker flows, entry, and productivity in New Zealand’s construction industry," Working Papers 18_02, Motu Economic and Public Policy Research.
    12. Isabelle Sin & Steven Stillman & Richard Fabling, 2017. "What drives the gender wage gap? Examining the roles of sorting, productivity differences, and discrimination," Working Papers 17_15, Motu Economic and Public Policy Research.
    13. Guanyu Zheng, 2016. "Geographic proximity and productivity convergence across New Zealand firms," Working Papers 2016/04, New Zealand Productivity Commission.
    14. Nathan Chappell & Adam Jaffe, 2018. "Intangible Investment and Firm Performance," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 52(4), pages 509-559, June.
    15. 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.
    16. David C. Maré & Andrew Coleman, 2011. "Patterns of business location in Auckland," Working Papers 11_08, Motu Economic and Public Policy Research.
    17. 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.
    18. 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.

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    More about this item

    Keywords

    Statistics New Zealand Longitudinal Business Database; Production function; multi-factor productivity;
    All these keywords.

    JEL classification:

    • C10 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - General
    • D24 - Microeconomics - - Production and Organizations - - - Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity

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