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2006

The Role of R&D in Productivity Growth: The Case of Agriculture in New Zealand: 1927 to 2001 (WP 06/01)
WP 06/01. Authors: Julia Hall and Grant M Scobie. Productivity growth is a key determinant of rising living standards. The agricultural sector has been an important contributor to the overall growth of productivity in New Zealand.
Migration and Economic Growth: A 21st Century Perspective (WP 06/02)
WP 06/02. Author: Cat Moody. While there is extensive literature on the determinants of migration and its microeconomic effects, the New Zealand theoretical or empirical literature specifically examining the effects of migration on economic growth is not as comprehensive.
Affordability of Housing: Concepts, Measurement and Evidence (WP 06/03)
WP 06/03. Authors: Mark Robinson, Grant M Scobie and Brian Hallinan. There has recently been widespread public debate and media attention around housing affordability. This paper discusses the concept of affordability as it applies to housing, examines the approaches used to measure affordability, and then documents the aggregate evidence for New Zealand over the last twenty years.
Estimating the costs of crime in New Zealand in 2003/04
WP 06/04. Authors: Tim Roper and Andrew Thompson. We estimate that the total costs of crime in New Zealand in 2003/04 amounted to $9.1 billion. Of this, the private sector incurred $7 billion in costs and the public sector $2.1 billion.
Investigating Health Technology Diffusion in New Zealand - How Does it Spread and Who Stands to Gain? (WP 06/05)
WP 06/05. Author: Louise Allsopp. Previous Treasury research has identified "price and coverage" effects as playing a key role in the growth of historical health expenditure. This incorporates factors such as technological change and input prices including wages.
Use of Targets to Improve Health System Performance: English NHS Experience and Implications for New Zealand (WP 06/06)
WP 06/06. Author: Nicholas Mays. The setting of quantitative, time-limited 'targets' backed up by institutional and managerial rewards and sanctions has been a notable feature of performance improvement efforts in the National Health Service (NHS) in England since 1998 and especially in the period 2000-2004.
Housing: An Analysis of Ownership and Investment Based on the Household Savings Survey (WP 06/07)
WP 06/07. Authors: Mark van Zijl de Jong and Grant M Scobie. In 2001, Statistics New Zealand conducted a major survey of the assets and liabilities of New Zealanders called the Household Savings Survey (HSS). This paper presents the results of an analysis of ownership and investment in housing based on the results of that survey.
An empirical investigation of fiscal policy in New Zealand (WP 06/08)
WP 06/08. Authors: Nathan McLellan, Iris Claus, Boram Lee and Aaron Gill. This paper examines the effects of fiscal policy, measured by changes in government spending and net tax (government tax revenue less transfer payments), on New Zealand GDP.
Past, Present and Future Developments in New Zealand's Terms of Trade (WP 06/09)
WP 06/09. Author: Philip Borkin. This paper looks at the importance of the terms of trade for the New Zealand economy by examining the impact of changes in the trend and volatility of the terms of trade on economic growth.
Treasury's Forecasting Performance: A Head-to-Head Comparison (WP 06/10)
WP 06/10. Authors: Khoon Lek Goh and Daniel Lawrence. Work on assessing Treasury's forecasting performance to date has focussed on comparisons against consensus forecasts. This study compares Treasury's GDP and CPI forecast performance against individual private sector forecasters as well as major public sector institutions such as the IMF, OECD and the Reserve Bank of New Zealand.
Toward a Model of Firm Productivity Dynamics (WP 06/11)
WP 06/11. Authors: Dean Hyslop, David Law and Bob (Robert) A Buckle. A common finding from international research on firm productivity dynamics is that within-firm productivity dynamics tend to dominate the effects of firm entry and exit on aggregate productivity.