18 September 2008

Papers on economic issues released

How exactly does the economy generate economic growth and what does that imply for policy? What are some different ways of thinking about economic development? And are Auckland firms more productive than those elsewhere in New Zealand?

These are some of the issues examined in the Ministry of Economic Development’s fourth set of Occasional Papers, which were released today.

Labour productivity in Auckland firms uses microdata from Statistics New Zealand’s Prototype Longitudinal Business Database to examine relative labour productivity within Auckland, and between Auckland and the rest of the country.

Inside the Black Box: Policies for Economic Growth explores how the economy generates economic growth, what is actually going on in an economy when it does so, and what this implies for economic policy.

Ways of thinking about Economic Growth: Papers from MED’s Economic Growth Seminar Series brings the papers produced by five different economists for five

Ministry seminars together as a resource for those interested in different ways that economists think about economic growth and development.

Ministry of Economic Development Chief Economist, Roger Procter, said the issues in the papers are highly relevant, and will inform discussion around economic development issues.

The papers reflect the views of their authors and do not necessarily reflect the Ministry’s or Government’s policy direction.

More information on the occasional papers can be found at www.med.govt.nz/occasionalpapers

ENDS

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