Productivity growth has slowed across most OECD economies since the mid-2000s. While important aspects of New Zealand …’s economic performance have improved over this period, productivity growth is still comparatively low. This continues a long …-run trend of poor productivity in New Zealand, which is the key reason why average incomes are still below the OECD average …

lowering barriers to foreign direct investment in services would also increase competition and enhance productivity growth …

The recent productivity experience of the New Zealand economy is examined using a cyclically-adjusted or trend measure … of Total Factor Productivity (TFP). On the basis of this measure, the results of estimating a leader-follower convergence … relationship suggest that productivity in New Zealand has been converging to US levels through a process of technological diffusion …

This paper investigates the effect of product market regulations on the international diffusion of productivity shocks … observed divergence of productivity in OECD countries, given the emergence of new general-purpose technologies over the 1990s … of productivity shocks, namely the adoption of information and communications technology and the location decisions of …