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Finland and New Zealand: A Cross-Country Comparison of Economic Performance (WP 00/01)
WP 00/01. Author: Dave Frame. The working paper compares and contrasts the macroeconomic performance of the New Zealand and Finnish economies over the entire post-WW2 period. It notes that Finland has gradually overtaken NZ in terms of GDP per capita, productivity performance and export performance.
Manual for the Long Term Fiscal Model (WP 00/02)
WP 00/02. Author: John Woods. The paper sets out a generic approach to the Long Term Fiscal Model (LTFM). The main purpose of the LTFM is to produce Progress Outlooks for Fiscal Strategy Reports.
School Leaving, Labour Supply and Tertiary Education Choices of Young Adults: An Economic Analysis Utilising the 1977-1995 Christchurch Health and Development Surveys (WP 00/03)
WP 00/03. Author: Sholeh A Maani. Utilising evidence from a longitudinal data set of young adults in New Zealand, this study examines the determinants of school leaving and labour supply behaviour of young adults at ages 16 and 18.
Allocating Vote: Health - 'Needs Assessment' and an Economics-Based Approach (WP 00/04)
WP 00/04. Authors: Paul Hansen and Nancy Devlin. This paper critiques 'needs assessment' as a basis for allocating public funding of health and disability services and discusses an alternative economics-based approach.
Economic Regulation of Network Industries (WP 00/05)
WP 00/05. Authors: Yogita Mumssen and Brian Williamson. This report was commissioned by Treasury in February 1999 as an input into its ongoing work programme on the regulation of network industries.
Final Regression Results on the Cognitive Achievement of Children in the Christchurch Health and Development Study with Corrections for Attrition from this Longitudinal Study (WP 00/06)
WP 00/06. Authors: Tim Maloney and George Barker. Econometric analyses of the cognitive development of children have been hampered by data limitations and a variety of methodological and specification issues.
Why Welfare Caseloads Fluctuate: A Review of Research on AFDC, SSI, and the Food Stamps Program (WP 00/07)
WP 00/07. Author: Susan E Mayer. This report reviews research on trends in the caseloads of three means-tested transfer programs in the United States: Aid to Families with Dependent Children (AFDC), Supplemental Security Income (SSI), and the Food Stamp Program (FSP).
Securitisation: A Public Policy Tool? (WP 00/08)
WP 00/08. Author: Nick Davis. This paper is a primer for policy analysts on the securitisation of assets and liabilities. It describes key elements of a typical asset securitisation;
New Zealand's Economic Growth (WP 00/09)
WP 00/09. Author: David Galt. This paper forms part of the Treasury's ongoing work programme investigating New Zealand's economic performance. It represents one approach to understanding New Zealand's economic performance, that of reviewing theoretical and empirical literature on economic growth.
A Theoretical Framework for Operational Risk Management and Opportunity Realisation (WP 00/10)
WP 00/10. Author: Adrian Sparrow. Advanced probability models are used to evaluate risks and to justify decisions where reliable data is available, e.g. reinsurance, money markets and nuclear energy.
Economic Geography and Spatial Statistics: Theory and Empirics of New Zealand Regions (WP 00/11)
WP 00/11. Authors: Suzi Kerr and Jason Timmins. This paper sets the stage for current Treasury research on New Zealand regional socio-economic issues by: Outlining a basic theoretical framework; Introducing a regional database and Geographic Information Systems, a new empirical tool for data analysis; and illustrating the potential of this data and tools for analysing policy relevant issues by testing some empirical hypotheses derived from the theoretical framework.
Economic Geography - Key Concepts (WP 00/12)
WP 00/12. Author: Sarah Box. Economic geography can help us understand why people and firms choose to locate where they do, whether these are good choices from a broader efficiency/resource allocation viewpoint, and what the implications of these choices are for the distribution of income and wealth.
The Changes in New Zealand's Income Distribution (WP 00/13)
WP 00/13. Author: Des O'Dea. This paper summarises recent research on changes in New Zealand's income distribution. It describes how the income distribution has changed during the period 1981 to 1996.
Does Benefit Receipt Affect Future Income? An Econometric Explanation (WP 00/14)
WP 00/14. Author: Dean Hyslop. This paper provides an econometric analysis of the effects of receiving welfare benefits on individuals' future income, using longitudinal administrative data on individual incomes.
A Preliminary Analysis of the Dynamics of Individual Market and Disposable Incomes (WP 00/15)
WP 00/15. Author: Dean Hyslop. This paper reports early results from an ongoing analysis of the income dynamics of individuals, using the Inland Revenue Department's income tax database over the four- year period 1994-7.
Economic Explanations of Earnings Distribution Trends in the International Literature and Application to New Zealand (WP 00/16)
WP 00/16. Author: Jeff Borland. This report, commissioned by the Treasury, reviews the international and New Zealand evidence on trends in the distribution of earnings over the past 20 years.
Management of Key Purchaser Risks in Devolved Purchase Arrangements in Health Care (WP 00/17)
WP 00/17. Author: Jackie Cumming. This paper examines the key risks and risk management strategies associated with devolving the purchase of publicly funded health care to non-governmental organisations, where the aim is to maintain at least the current level of equity of access.
Secondary and Tertiary Educational Attainment and Income Levels for Maori and Non-Maori Over Time (WP 00/18)
WP 00/18. Author: Sholeh A Maani. This study examines how relative income levels, and in particular the income returns to post-compulsory and higher education (education beyond age 16) for Māori compare to Non-Māori, and how they have changed over the 1986-1996 decade.
New Zealand's Venture Capital Market (WP 00/19)
WP 00/19. Author: Infometrics Ltd. New Zealand's venture capital market is evolving rapidly as capital markets and associated professional service firms respond to the demand for private equity from businesses looking for capital and expertise to expand.
A Review of Options for Health and Disability Support Purchasing in New Zealand (WP 00/20)
WP 00/20. Authors: Nicholas Mays and Kenneth Hand. The introduction of an internal market into New Zealand's publicly financed health system based on a purchaser-provider separation was highly controversial.
Facts About Economic Integration: How Integrated is New Zealand with the Rest of the World? (WP 00/21)
WP 00/21. Authors: Vicki Plater and Megan Claridge. The paper provides comparative data about New Zealand's current level of market and policy integration with the rest of the world. Market integration occurs when two or more economies function as a single market.
Economic Integration, Sovereignty and Identity: New Zealand in the Global Economy (WP 00/22)
WP 00/22. Authors: Sarah Box and Megan Claridge. Markets are becoming more integrated. Whilst governments have limited influence over this process, they can hasten or hinder the pace of integration and will need to respond to the implications of integration.
Understanding the Growth in Welfare Benefit Receipt in Britain: A Review of the Evidence (WP 00/23)
WP 00/23. Authors: Sue Maguire, Robert Walker, Rachel Youngs and Marilyn Howard. This paper summarises the conclusions from a more extensive report commissioned by the Treasury and the Ministry of Social Policy to provide an explanation of growth in welfare benefit receipt in Britain in the period 1971 to 1997.
Coughing Up for Bovine Tb Control (WP 00/24)
WP 00/24. Authors: Peter Clough and Chris Nixon. This report is a commissioned review of the Animal Health Board's (AHB's) discussion paper Towards a Tb Free New Zealand.
Encouraging Private Biodiversity - Incentives for Biodiversity Conservation on Private Land (WP 00/25)
WP 00/25. Author: Peter Clough. This report provides a literature review on the practical experience of measures in other countries with a similar legal background to New Zealand to give economic incentive to biodiversity conservation on private land.
Conserving Biodiversity - Institutions, Policies and Incentives (WP 00/26)
WP 00/26. Author: Carl Binning. Biological diversity, a term that encapsulates all of life - the diversity of plants and animals and the places they live, has changed the way we think about nature conservation.