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Taking on the West Island: Steps towards levelling the playing field

Nicholas Warmke
Statistics New Zealand
P O Box 2922, Wellington, New Zealand

info@stats.govt.nz 

Abstract

New Zealand’s productivity performance has gained considerable attention in recent times, particularly compared with Australia’s. Taking on the West Island: How does New Zealand’s labour productivity stack up? (Statistics NZ, 2010b) examined some of the methodology, data, and coverage differences underlying the measurement of output and labour productivity growth rates between in New Zealand and Australia.

Since 2010, coverage of official productivity statistics in both countries has increased to around 80 percent of their respective economies. Levels of industry labour volume (hours paid) for measured sector industries have also been made available for New Zealand, enabling industry labour productivity level comparisons to be made within New Zealand.

This paper examines the impact of these changes on some of the conclusions drawn from Taking on the West Island: How does New Zealand’s labour productivity stack up?, as well as providing some new analysis of how capital services in New Zealand are measured and the implications that this has for multifactor productivity.

pdf icon.  Taking on the West Island: Steps towards levelling the playing field (PDF, 25 pages, 652 kb)

 

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