Papers on economic issues released
5 May, 2008
Papers on economic issues
released
What’s been behind Auckland
CBD’s high productivity growth? Are exporters exposed to
currency volatility, and to which currencies are they most
exposed? Does firms’ self-reported performance tally with
their actual performance?
These are some of the issues examined in the Ministry of Economic Development’s third set of Occasional Papers, which were released today.
Four of the papers are the first to use the prototype Longitudinal Business Database, a new world-leading research resource created as part of a cross-departmental project led by Statistics New Zealand.
Firm dynamics, market structure and performance uses the new data to examine a range of issues – including differences in profitability across industries, and the relative success of exporting and foreign-owned firms.
Do exporters cut the hedge? Who hedges and why? explores the hedging behaviour of New Zealand exporters, and its impact on their overall performance.
Firm-level patterns in merchandise trade reviews the export patterns of New Zealand firms between 1988 and 2005.
Comparison of qualitative and quantitative firm performance compares firms’ self-reported performance measures with measurements derived from official data – and looks at the implications of any difference between the two.
Assessing agglomeration
impacts in Auckland: Phase 1 shows that increasing
density of economic activity in Auckland has contributed to
relatively strong productivity performance – but traffic
congestion is limiting the potential
benefits.
Assessing agglomeration
impacts in Auckland: Phase 2, examines whether other
factors, such as educational attainment might also help
explain this productivity performance.
Ministry of
Economic Development Chief Economist, Roger Procter said the
issues in the papers are highly relevant and will inform
discussion around economic transformation issues. The
papers using the Longitudinal Business Database show the
potential of this world-leading resource for informing the
policy debate.
The papers reflect the
views of their authors and do not necessarily have a bearing
on the Ministry’s or Government’s policy
direction.
More information on the occasional papers can be found at www.med.govt.nz/occasionalpapers
ENDS