Papers on economic issues released
5 May, 2008
Papers on economic issues
What’s been behind Auckland CBD’s high productivity growth? Are exporters exposed to currency volatility, and to which currencies are they most exposed? Does firms’ self-reported performance tally with their actual performance?
These are some of the issues examined in the Ministry of Economic Development’s third set of Occasional Papers, which were released today.
Four of the papers are the first to use the prototype Longitudinal Business Database, a new world-leading research resource created as part of a cross-departmental project led by Statistics New Zealand.
Firm dynamics, market structure and performance uses the new data to examine a range of issues – including differences in profitability across industries, and the relative success of exporting and foreign-owned firms.
Do exporters cut the hedge? Who hedges and why? explores the hedging behaviour of New Zealand exporters, and its impact on their overall performance.
Firm-level patterns in merchandise trade reviews the export patterns of New Zealand firms between 1988 and 2005.
Comparison of qualitative and quantitative firm performance compares firms’ self-reported performance measures with measurements derived from official data – and looks at the implications of any difference between the two.
impacts in Auckland: Phase 1 shows that increasing
density of economic activity in Auckland has contributed to
relatively strong productivity performance – but traffic
congestion is limiting the potential
Assessing agglomeration impacts in Auckland: Phase 2, examines whether other factors, such as educational attainment might also help explain this productivity performance.
Economic Development Chief Economist, Roger Procter said the
issues in the papers are highly relevant and will inform
discussion around economic transformation issues. The
papers using the Longitudinal Business Database show the
potential of this world-leading resource for informing the
The papers reflect the views of their authors and do not necessarily have a bearing on the Ministry’s or Government’s policy direction.
More information on the occasional papers can be found at www.med.govt.nz/occasionalpapers