This paper constructs a long time series of permanent and long-term arrivals and departures of construction workers to and from New Zealand between 1962 and 2018. It briefly describes the data and the sources, then discusses key observations in the data.
Productivity Commission, the Ministry of Business, Innovation and Employment (MBIE), Statistics New Zealand, and the Treasury.
D2; J2; J3; J6
This note summarises insights from recent research on New Zealand's productivity performance using firm-level data. Coverage is largely limited to research completed since 2013 and that uses the Longitudinal Business Database, although a small number of older studies or studies that use different data are included where they help illustrate important findings. The structure is as follows:
New Zealand’s poor long-run productivity performance has puzzled domestic economists and international observers for decades. To provide answers, this paper sketches out the broad reasons why lifting productivity has proven so diﬃcult.
In a world of ageing populations, and in the midst of a global shift from defined benefit to defined contribution pensions, the onus is increasingly on individuals rather than employers to bear the risks of retirement provision.
A new book 'Towards a new pensions settlement' has been published which weighs the experiences of eight nations across the Americas, Asia and Europe, who have in common early adoption of defined contribution pensions, but very different experience
H24 - Personal Income, Other Non-business Taxes, Subsidies
Effective Marginal Tax Rates (EMTRs) reflect the interaction of the personal income tax scale, main benefits, and supplementary benefits. They show how a dollar increase in gross income translates to an increase in income in the hand (after taxation and the withdrawal of income-tested assistance). This paper presents an algebraic approach to estimating EMTRs in New Zealand. EMTR profiles are then illustrated with examples of hypothetical families.
A report released today by the Productivity Commission shows that when productivity goes up wages tend to follow.
The growth of labour productivity and wages has slowed. Between 1996 and 2000 the average amount produced from one hour of work in the private sector (labour productivity) grew by 2.62% a year and real wages grew by 2.17%.
Earlier work by the New Zealand Productivity Commission investigated changes in the labour income share across the “former measured sector” part of the New Zealand economy between 1978 and 2010. This paper updates this earlier work by including additional data points for 2011-2016 and by increasing the scope of coverage to more industries in the economy.
Richard Harris and Trinh Le’s paper “Absorptive Capacity in NZ firms: Measurement and Importance” is now available.
The New Zealand Productivity Commission has part-funded work by Trinh Le, a Fellow at Motu Economic and Public Policy in New Zealand, and Richard Harris of Durham University in the United Kingdom, into how kiwi firms learn and the influence on their performance.
Being able to learn is a large part of becoming more innovative, especially for businesses. Up until now however, it’s been hard to understand how firms learn and the impact that has on their performance.