Firms' Decisions on the Location of Economic Activity - A Survey
Released November 2007
Page Updated 13 Nov 2009
Release of a study commissioned by the Treasury from Firecone and Zusammen and of related Treasury advice to the Minister of Finance on the main themes and policy implications of the study.
The Treasury commissioned this research from Firecone and Zusammen Ltd to find out what might be behind New Zealand company decisions to shift aspects of their business offshore. We wanted to know more about characteristics of the New Zealand economy most important to ensure that New Zealand remained a competitive place to locate high value-added business activity.
As only 15 firms were interviewed, it is difficult to draw concrete policy conclusions from the study. However, the study highlighted a number of factors that influence firms’ decisions about where to locate their business activity, including:
- history/inertia
- lifestyle/national pride
- access to key people and skill sets
- access to capital
- cost savings/quality benefits
- management of critical relationships
- proximity to consumers
- proximity to other components of the value chain
- quality of business environment.
Using PDF Files
| Doc. Date | Title | Download |
|---|---|---|
| Sep 2007 | Firms' Decisions on the Location of Economic Activity - A Survey: Report to the Treasury: Final Report by Andrew Sweet (Firecone) and Murray Nash (Zusammen Ltd) Released 6 Nov 2007 |
fire-zus-econactivity-sep07.pdf (464 KB) |
| 12 Sep 2007 |
Treasury Report T2007/1768: Firm Decisions on the Location of Economic Activity |
t2007-1768.pdf (89 KB) |
| 5 Oct 2007 | Treasury Report T2007/1892: Firm Decisions on the Location of Economic Activity: Policy Implications Released 6 Nov 2007. Advice from the Treasury to the Minister of Finance on the main themes and policy recommendations in the study. Note. |
t2007-1892.pdf (89 KB) |
Officer for Enquiries
Please direct all queries regarding this study to the Treasury.
Serene Ambler | Senior Communications AdvisorTel: +64 4 917 6163
Email: serene.ambler@treasury.govt.nz
Firecone Limited is an economics, finance, and business consultancy, based in Melbourne and Wellington. Its clients include prominent companies, regulatory authorities, and government agencies on both sides of the Tasman. The consultant for this project was Mr. Andrew Sweet, the Director of the Wellington office.
Zusammen Investments Limited is a business and economics consultancy. Mr Murray Nash is the Principal. Mr Nash is a New Zealand national. He has considerable business, finance, and risk management experience. In 2005 he was appointed Chief Executive of Hawke's Bay Inc. which is the regional body for economic development in Hawke's Bay. He previously held senior positions in leading risk management companies in the USA.
