NZIER has always had a strong interest in understanding the way in which the New Zealand economy interacts with the rest of the world. We have a long history of producing research into trade liberalisation and globalisation. As the global economy becomes ever more complex, we are now turning our...

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NZIER’s Quarterly Survey of Business Opinion (QSBO) is one of New Zealand’s leading economic indicators. March 2011 marked the 50th anniversary of the QSBO. The QSBO provides data driven insights into how firms are responding to current economic events. Due to its reliability and...

The economic impacts of retaining tariffs in New Zealand. A dynamic CGE analysis

Assumptions on export elasticities can have a big impact on CGE model results, especially at the industry level. Export elasticities measure the responsiveness of demand for a country’s exports to a change in the world price. The greater the elasticity, the greater the change in export demand...

New Zealand struggles to grow its economy partially due to its small size and remote location. There is little that can be done to change location, but the size can be increased over time. It is feasible to adopt a population policy with the aim of the population reaching 15 million in the next...

In this report we use our new dynamic computable general equilibrium model to analyse the impact of the personal tax cuts, cuts to small business taxes, and infrastructure spending that have been announced since late last year. We have assumed in this paper that the Government will need to raise...

This working paper evidences the key trends that should be expected to result from an ageing population. It looks at which kinds of industries will fall and which will flourish. It discusses the kinds of trends we might expect in terms of consumer demand and it touches on what firms should be...

NZIER’s Quarterly Survey of Business Opinion (QSBO) contains a 50 year history of business opinion. While its predictive capabilities are well known, there are many more applications that can be pursued using QSBO data. This paper investigates one application, using the QSBO to forecast GDP...

Much of the value New Zealanders get from natural assets is intangible, making it difficult to measure. Currently, there are a variety of techniques used to measure the value of natural assets, adding to the cost and uncertainty of values obtained. A standardised technique would make economic...