Buckle, Robert; Haugh, David; Thomson, Peter - In: New Zealand Economic Papers 37 (2003) 2, pp. 217-243
The variance of New Zealand's real GDP has fallen by a third since the mid 1980s. Decomposing the variance of chain-weighted estimates of production-based real GDP growth since 1977 into sector shares, sector growth rate variances and co-variances, this paper concludes that the principal reason...