The transaction sector, the information economy, and economic growth in New Zealand: Taking hazledine seriously
The aim of this paper is to broaden the discussion about the role of the 'transaction sector' in New Zealand economic growth by relating it to the seemingly alternative, but actually complementary, concept of the information economy, and by indicating some new directions for research. First, a brief overview of approaches to measuring transaction costs is provided. Secondly, the complementary nature of the information economy and transaction sector concepts is discussed. Next, empirical estimates of the information and transaction workforces are presented. Fourthly, the major points that need to be considered in the development of an extended, more complex, hypothesis about the role of the transaction sector in New Zealand economic growth are discussed, and- a first version of such a hypothesis is put forward.
Year of publication: |
2004
|
---|---|
Authors: | Engelbrecht, Hans-Jurgen |
Published in: |
New Zealand Economic Papers. - Taylor & Francis Journals, ISSN 0077-9954. - Vol. 38.2004, 1, p. 87-99
|
Publisher: |
Taylor & Francis Journals |
Saved in:
Online Resource
Saved in favorites
Similar items by person
-
Information services, private bureaucracies, and Japan's comparative advantage
Engelbrecht, Hans-Jürgen, (1993)
-
Australia's industrial R & D expenditure and foreign trade
Engelbrecht, Hans-Jürgen, (1991)
-
The use of purchased information services in the manufacturing sectors of Japan, Korea and Taiwan
Engelbrecht, Hans-Jürgen, (1987)
- More ...