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References

Björksten, Nils and Özer Karagedikli (2003) “Neutral real interest rates revisited.” The Reserve Bank of New Zealand Bulletin 66(3): 18-27.

Bitzer, Jürgen, Ingo Geishecker and Holger Görg (2007) “Productivity spillovers through vertical linkages: Evidence from 17 OECD countries.” Mimeo (June).

Borkin, Philip (2006) “Past, present and future developments in New Zealand’s terms of trade.” New Zealand Treasury Working Paper 06/09.

Cameron, Linda, Bryan Chapple, Nick Davis, Artemisia Kousis and Geoff Lewis (2007) “New Zealand financial markets, saving and investment.” New Zealand Treasury Policy Perspectives Paper 07/01.

Caselli, Francesco and James Feyrer (2006) “The marginal product of capital.” Mimeo (July 28).

Engelbrecht, Hans-Jürgen and Vilaphonh Xayavong (2006) “The elusive contribution of ICT to productivity growth in New Zealand: Evidence from an extended industry-level growth accounting model.” Mimeo (February).

Grimes, Arthur (2006) “A smooth ride: Terms of trade, volatility and GDP growth.” New Zealand Ministry of Economic Development Occasional Paper 06/04.

Grimes, Arthur (2007) “Capital intensity and welfare: National and international determinants.” Ministry of Economic Development Occasional Paper 07/03.

Görg, Holger and David Greenaway (2004) “Much ado about nothing? Do domestic firms really benefit from foreign direct investment?” World Bank Research Observer 19(2):171-197.

Hall, Julia and Grant Scobie (2005) “Capital shallowness: A problem for New Zealand?” New Zealand Treasury Working Paper 05/05.

Hasset, K.A. and Hubbard, R.G. (2002), ‘Tax policy and business investment’ Chapter 20 in A.J. Auerbach and M. Feldstein (eds.) Handbook of Public Economics, Volume 3. Amsterdam: Elsevier.

Hawkesby, Christian, Christie Smith and Christine Tether (2001) “New Zealand’s currency risk premium.” The Reserve Bank of New Zealand Bulletin 63(3): 30-44.

IMF (2002) "An exploration of income divergences between New Zealand and Australia." New Zealand: Selected Issues, Country Report 02/72. <http://www.imf.org/external/pubs/cat/longres.cfm?sk=15751.0>

Jorgenson, Dale, Mun Ho and Kevin Stiroh (2005) “Growth of US industries and investments in information technology and higher education.” Final report to the Nomura Research Institute and the Economic and Social Research Institute International Collaboration Project (21 January).

Kamps, Christophe (2006) "New Estimates of Government Net Capital Stocks for 22 OECD Countries, 1960–2001" IMF Staff Papers 53(1): 120-50.

Krugman, Paul (2003) “Second winds for industrial regions?” The Allander Series: Growth on the periphery.

Ligthart, Jenny E. and Rosa M. Martin Suarez (2005) “The productivity of public capital: A meta analysis.” Mimeo (October).

Lucas, Robert E. (1990) “Why doesn't capital flow from rich to poor countries?” The American Economic Review 80(2): 92-96.

Mason, Geoff and Matthew Osborne (2007) “Productivity, capital-intensity and labour quality at sector level in New Zealand and the UK.” New Zealand Treasury Working Paper 07/01.

Ministry of Economic Development (MED) and The Treasury (2005) "Economic development indicators 2005." <http://www.gif.med.govt.nz/aboutgif/indicators-2005/report/index.asp>

OECD (2007), ‘OECD Economic Surveys: New Zealand’, April, OECD, Paris.

Pilat, Dirk (2004) “The ICT productivity paradox: Insights from micro data.” OECD Economic Studies No. 38, 2004/1.

Plantier, Chris (2003) “New Zealand’s economic reforms after 1984 and the neutral real rate of interest.” Mimeo (March).

Pritchett, Lant (1996) “Mind your P’s and Q’s: The cost of public investment is not the value of public capital” World Bank Policy Research Paper No. 1660.

Productivity Commission (1999) ‘Microeconomic Reform and Australian Productivity: Exploring the Links’, Research Paper, AusInfo, Canberra.

Prud’homme, Rémy (2004) “Infrastructure and development.” Paper prepared for the ABCDE (Annual Bank Conference on Development Economics), Washington, May 3-5.

Razin A., E. Sadka, and C. Yuen (1996) “A pecking order theory of international capital flows.” National Bureau of Economic Research Working Paper No. 5513.

Rice, Patricia, Anthony J. Venables and Eleonora Patacchini (2006) Spatial determinants of productivity: Analysis for the regions of Great Britain” Regional Science and Urban Economics 36(6): 727-752.

Romp, Ward and Jakob de Haan (2007) “Public capital and economic growth: A critical survey.” Perspektiven der Wirtschaftspolitik 8(Special Issue): 6–52.

Schreyer, Paul (2005) “International comparisons of levels of capital input and productivity.” Paper prepared for OECD/Ivie/BBVA workshop on productivity measurement, Madrid (17-19 October).

Straub, Stéphane (2008) “Infrastructure and growth in developing countries: Recent advances and research challenges” World Bank Policy Research Working Paper 4460.

Treasury (2004) “New Zealand economic growth: Analysis of performance and policy.”

Treasury (2005) “Productivity: An update on progress.” New Zealand Treasury Report T2005/1307. <http://www.treasury.govt.nz/publications/informationreleases/health/sector/tr05-1307.pdf>

Treasury (2007) “A synopsis of theory, evidence and recent Treasury analysis on saving.” New Zealand Treasury Report T2007/654.

Treasury, Statistics New Zealand and Ministry of Economic Development (2007) “Economic Development Indicators 2007” Wellington.

Venables, Anthony J. (2005) “Economic geography: spatial interactions in the world economy.” Mimeo (5 January).

World Bank (2006) “Where is the wealth of nations? Measuring capital for the XXI century.” Conference Edition (15 July 2005)

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