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Comments on: Productivity Commission on NZ vs Aussie productivity http://www.tvhe.co.nz/2013/12/19/productivity-commission-on-nz-vs-aussie-productivity/ The Visible Hand in Economics Wed, 08 Jan 2014 23:02:44 +0000 hourly 1 https://wordpress.org/?v=6.9.4 By: What are we asking with productivity in NZ? | The Dismal Science http://www.tvhe.co.nz/2013/12/19/productivity-commission-on-nz-vs-aussie-productivity/#comment-42590 Wed, 08 Jan 2014 23:02:44 +0000 http://www.tvhe.co.nz/?p=10552#comment-42590 […] (the timing of the paper was well known and they were asking people to write about it, hence why I wrote this at the time) he asks a good questions, why have we seen relative productivity drop […]

]]> By: Matt Nolan http://www.tvhe.co.nz/2013/12/19/productivity-commission-on-nz-vs-aussie-productivity/#comment-42568 Thu, 19 Dec 2013 19:01:00 +0000 http://www.tvhe.co.nz/?p=10552#comment-42568 In reply to Shamubeel Eaqub.

The “why” was a bit of what was covered at the Productivity Symposium, but ensuring that the stylized facts are clear, agreed upon, and replicated is an important starting point – as without that we can’t have too much confidence about why, and in turn what this implies with regards to the equity-efficiency trade-off and policy!

]]> By: Paul Conway http://www.tvhe.co.nz/2013/12/19/productivity-commission-on-nz-vs-aussie-productivity/#comment-42564 Thu, 19 Dec 2013 01:48:00 +0000 http://www.tvhe.co.nz/?p=10552#comment-42564 This paper is part of the Commission’s work on “what” does NZ’s productivity performance look like and sets the scene for our work on “why” does NZ underperform and “what” can be done about it. The later two streams are on-going in our inquiry and other research work.

The main area in which Geoff Mason’s work differs from previous contributions on the trans-Tasman productivity gap is its treatment of purchasing power parities, which gives a more accurate picture of productivity gaps at industry level.

]]> By: Shamubeel Eaqub http://www.tvhe.co.nz/2013/12/19/productivity-commission-on-nz-vs-aussie-productivity/#comment-42563 Wed, 18 Dec 2013 23:02:00 +0000 http://www.tvhe.co.nz/?p=10552#comment-42563 I wish they had pushed into the why, as this kind of descriptive decomposition has been around for some time. Eg here: http://nzier.org.nz/publications/industry-productivity-and-the-australia-new-zealand-income-gap-nzier-working-paper-2011

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