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Appendix 2 – Market sector New Zealand productivity series
Appendix Table 3 – Market sector multifactor and partial productivity estimates
| March Year |
Multifactor productivity |
Labour productivity |
Capital productivity |
| 1988 |
1.0000 |
1.0000 |
1.0000 |
| 1989 |
1.0211 |
1.0586 |
0.9996 |
| 1990 |
1.0174 |
1.0734 |
0.9861 |
| 1991 |
1.0018 |
1.0669 |
0.9657 |
| 1992 |
1.0012 |
1.0788 |
0.9586 |
| 1993 |
1.0046 |
1.0725 |
0.9666 |
| 1994 |
1.0480 |
1.1021 |
1.0155 |
| 1995 |
1.0681 |
1.1015 |
1.0446 |
| 1996 |
1.0744 |
1.0977 |
1.0554 |
| 1997 |
1.0900 |
1.1225 |
1.0665 |
| 1998 |
1.0926 |
1.1364 |
1.0634 |
| 1999 |
1.0783 |
1.1326 |
1.0441 |
| 2000 |
1.1139 |
1.1747 |
1.0763 |
| 2001 |
1.1223 |
1.1880 |
1.0823 |
| 2002 |
1.1309 |
1.2036 |
1.0877 |
Appendix Table 4 – Multifactor productivity series: alternative index formulae
| March Year |
Chained Fisher |
Chained Törnqvist |
Chained Laspeyres |
Chained Paasche |
Unchained Laspeyres |
Unchained Paasche |
| 1988 |
1.0000 |
1.0000 |
1.0000 |
1.0000 |
1.0000 |
1.0000 |
| 1989 |
1.0211 |
1.0211 |
1.0210 |
1.0212 |
1.0210 |
1.0212 |
| 1990 |
1.0174 |
1.0175 |
1.0178 |
1.0170 |
1.0174 |
1.0172 |
| 1991 |
1.0018 |
1.0017 |
1.0042 |
0.9995 |
1.0014 |
1.0002 |
| 1992 |
1.0012 |
1.0011 |
1.0028 |
0.9996 |
1.0009 |
1.0022 |
| 1993 |
1.0046 |
1.0045 |
1.0067 |
1.0026 |
1.0060 |
1.0032 |
| 1994 |
1.0480 |
1.0479 |
1.0495 |
1.0465 |
1.0488 |
1.0391 |
| 1995 |
1.0681 |
1.0680 |
1.0692 |
1.0669 |
1.0692 |
1.0539 |
| 1996 |
1.0744 |
1.0743 |
1.0755 |
1.0732 |
1.0774 |
1.0583 |
| 1997 |
1.0900 |
1.0899 |
1.0910 |
1.0889 |
1.0930 |
1.0703 |
| 1998 |
1.0926 |
1.0925 |
1.0933 |
1.0918 |
1.0959 |
1.0722 |
| 1999 |
1.0783 |
1.0782 |
1.0791 |
1.0776 |
1.0842 |
1.0551 |
| 2000 |
1.1139 |
1.1138 |
1.1145 |
1.1134 |
1.1243 |
1.0908 |
| 2001 |
1.1223 |
1.1222 |
1.1228 |
1.1218 |
1.1380 |
1.0989 |
| 2002 |
1.1309 |
1.1308 |
1.1311 |
1.1307 |
1.1498 |
1.1086 |
Appendix Table 5 – Industry multifactor productivity series: Primary, mining and quarrying, construction, and manufacturing industries
| March Year |
Primary |
Mining and Quarrying |
Construction |
Manufacturing |
| 1988 |
1.0000 |
1.0000 |
1.0000 |
1.0000 |
| 1989 |
0.9993 |
0.9980 |
0.9763 |
1.0382 |
| 1990 |
0.9460 |
0.8088 |
1.0259 |
1.0145 |
| 1991 |
1.1090 |
0.8683 |
0.9007 |
0.9733 |
| 1992 |
1.1080 |
0.9076 |
0.8409 |
0.9877 |
| 1993 |
0.9742 |
0.9079 |
0.7908 |
1.0147 |
| 1994 |
1.1027 |
0.9311 |
0.8193 |
1.0133 |
| 1995 |
1.0827 |
0.8300 |
0.8265 |
1.0028 |
| 1996 |
1.1491 |
0.8025 |
0.8061 |
1.0046 |
| 1997 |
1.2273 |
1.0474 |
0.8365 |
1.0218 |
| 1998 |
1.2268 |
1.0280 |
0.8563 |
1.0212 |
| 1999 |
1.1545 |
1.0464 |
0.8168 |
0.9618 |
| 2000 |
1.2038 |
1.0025 |
0.8927 |
1.0059 |
| 2001 |
1.2190 |
1.0059 |
0.7888 |
1.0124 |
| 2002 |
1.2113 |
0.9681 |
0.8086 |
1.0004 |
Appendix Table 6 – Industry multifactor productivity series: Electricity, gas and water, transport and communications, business and property services, personal and community services, and retail and wholesale trade industries
| March Year |
Electricity, gas and water |
Transport and communications |
Business and property services |
Personal and community services |
Retail and wholesale trade |
| 1988 |
1.0000 |
1.0000 |
1.0000 |
1.0000 |
1.0000 |
| 1989 |
1.0186 |
1.1104 |
0.9758 |
1.0192 |
1.0192 |
| 1990 |
1.0862 |
1.1612 |
0.9631 |
1.0010 |
1.0442 |
| 1991 |
1.0624 |
1.1828 |
0.9144 |
1.0251 |
0.9889 |
| 1992 |
1.0545 |
1.2759 |
0.8852 |
1.0371 |
0.9608 |
| 1993 |
1.0569 |
1.3862 |
0.8794 |
1.0416 |
0.9810 |
| 1994 |
1.1199 |
1.5087 |
0.9143 |
1.0793 |
1.0184 |
| 1995 |
1.1501 |
1.6621 |
0.8912 |
1.1684 |
1.0596 |
| 1996 |
1.1443 |
1.7659 |
0.8845 |
1.1550 |
1.0543 |
| 1997 |
1.0358 |
1.7616 |
0.9059 |
1.1664 |
1.0374 |
| 1998 |
1.0514 |
1.7872 |
0.8955 |
1.1856 |
1.0343 |
| 1999 |
1.0741 |
1.8568 |
0.8994 |
1.1854 |
1.0394 |
| 2000 |
1.0429 |
1.9710 |
0.8948 |
1.2039 |
1.0970 |
| 2001 |
1.0717 |
2.1180 |
0.9117 |
1.2101 |
1.0933 |
| 2002 |
0.9713 |
2.2490 |
0.9398 |
1.1886 |
1.1120 |
Appendix Table 7 – Australia and New Zealand productivity series
| |
Multifactor productivity |
Labour productivity |
Capital productivity |
| March Year |
Australia |
New Zealand ‘ABS equivalent’ |
Australia |
New Zealand ‘ABS equivalent’ |
Australia |
New Zealand ‘ABS equivalent’ |
| 1988 |
1.0000 |
1.0000 |
1.0000 |
1.0000 |
1.0000 |
1.0000 |
| 1989 |
1.0257 |
1.0312 |
1.0276 |
1.0825 |
1.0220 |
0.9836 |
| 1990 |
1.0444 |
1.0324 |
1.0552 |
1.1119 |
1.0293 |
0.9619 |
| 1991 |
1.0339 |
1.0172 |
1.0524 |
1.1048 |
1.0064 |
0.9406 |
| 1992 |
1.0351 |
1.0215 |
1.0772 |
1.1391 |
0.9734 |
0.9222 |
| 1993 |
1.0421 |
1.0272 |
1.1117 |
1.1332 |
0.9450 |
0.9363 |
| 1994 |
1.0585 |
1.0738 |
1.1366 |
1.1551 |
0.9496 |
0.9999 |
| 1995 |
1.0819 |
1.0931 |
1.1669 |
1.1369 |
0.9652 |
1.0459 |
| 1996 |
1.0889 |
1.1070 |
1.1724 |
1.1440 |
0.9743 |
1.0647 |
| 1997 |
1.1193 |
1.1214 |
1.2193 |
1.1810 |
0.9835 |
1.0616 |
| 1998 |
1.1333 |
1.1250 |
1.2593 |
1.2069 |
0.9688 |
1.0481 |
| 1999 |
1.1591 |
1.1013 |
1.3131 |
1.1975 |
0.9624 |
1.0142 |
| 2000 |
1.1848 |
1.1549 |
1.3641 |
1.2652 |
0.9597 |
1.0570 |
| 2001 |
1.1825 |
1.1605 |
1.3738 |
1.2770 |
0.9459 |
1.0583 |
| 2002 |
1.1696 |
1.1687 |
1.3793 |
1.3030 |
0.9166 |
1.0549 |
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