Shanella Rajanayagam, Ministry of Foreign Affairs and Trade
Services play an important and growing role in international trade. They are an important export earner for New Zealand – representing 29% of our total exports on a gross basis. Today, however, services are not only traded across borders on their own but are also combined with goods exports (ie, embedded services) and are critical inputs in the production process of exported goods (i.e. embodied services). When the contribution of embodied services to New Zealand’s exports is considered, the share of services in New Zealand’s exports rises substantially to 57% – above the OECD average.
To examine the extent to which to new productivity-enhancing ideas and technologies diffuse within the New Zealand economy, this paper examines the speed with which lagging low-productivity firms converge towards leading high-productivity firms at both the local and national levels.
Achieving New Zealand's productivity potential outlines reasons why New Zealand has generally struggled to lift productivity over the last four decades and the broad areas of policy reform that would help in turning that around. It draws on recent research on New Zealand’s productivity and aims to give a more comprehensive and policy-relevant account than has been possible previously.
This paper presents a detailed analysis of the issues while a shorter and more accessible version is available in the Overview.
Every day newspapers bring us stories of exciting new technologies: self-driving cars, universal programmable robots, data-driven expert systems, and the Internet of Things. These technologies are no longer just the subject of science fiction. Just the other day a car drove autonomously over the Auckland Harbour Bridge. But how well is New Zealand positioned to benefit from these technologies?
On 1 December 2015, the Productivity Hub hosted a major symposium on innovation and productivity with keynote speeches by leading international and domestic experts. It showcased the analysis of firm innovation being undertaken using the Longitudinal Business Dataset and the ways in which economic research can help inform policy choices.
Level 2 Reception Lounge, Auckland Town Hall, Auckland CBD
GEN and AUCKLAND COUNCIL SEMINAR
Time: 2.00 - 3.00pm
Following the launch of the book, “Going Places – Migration, Economics and the Future of New Zealand” authors Julie Fry and Hayden Glass will be hosted by Auckland Council’s Research and Evaluation Unit (RIMU) and Chief Economist Unit for a presentation and discussion on what migration could mean for Auckland.
Migration and the movement of people is one of the critical issues confronting the world’s nations in the twenty-first-century.