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Working paper

An Empirical Investigation of Fiscal Policy in New Zealand (WP 06/08)

Issue date: 
Saturday, 1 July 2006
View point: 
Publication category: 
JEL classification: 
C32 - Multiple or Simultaneous Equation Models: Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes; State Space Models
E32 - Business Fluctuations; Cycles
E62 - Fiscal Policy

Formats and related files

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.


We would like to thank Bob Buckle, Dasha Leonova, Renee Fry, Kam Szeto, and participants at a Workshop on Public Finance: Fiscal Indicators, Perugia (hosted by the Banca d‘Italia, 30 March-1 April 2006) for useful comments and suggestions.


This document was commissioned by the New Zealand Treasury. However, the views, opinions, findings and conclusions or recommendations expressed in it are strictly those of the author(s), do not necessarily represent and should not be reported as those of the New Zealand Treasury. The New Zealand Treasury takes no responsibility for any errors, omissions in, or for the correctness of, the information contained in this paper.

Last updated: 
Tuesday, 23 October 2007