Regional economic integration is back in vogue following the "stumble" in the Doha Round in July 2008. Preferential trade agreements (PTAs) are driving this trend in Asia and the Pacific as well as in Central and South America, and the sheer volume of PTAs is striking. In the 1990s there were...

We use National Bank of New Zealand Regional Economic Activity data, to identify and characterise classical business cycle turning points, for New Zealand’s 14 regions and aggregate New Zealand activity. Using Concordance statistic measures, logistic model and GMM estimation methods,...

Does an individual's housing situation affect community social capital and influence regional development through this channel? A body of literature which followed the seminal work of DiPasquale and Glaeser suggests that homeownership is positively related to social capital formation due to both...

Between 1984 and 1993, New Zealand undertook comprehensive market-oriented economic reforms. In this paper, we use census data to examine how the internal mobility of M¯aori compares to that of Europeans in New Zealand in the period after these reforms. It is often suggested that M¯aori are...

Urban pride is an individual and collective response to living in a given city. Unlike other emotions such as life satisfaction or happiness with which it is weakly positively correlated, pride involves stake holding; to be proud of something requires having an investment in its success...

This paper exploits the reduction in the legal drinking age in New Zealand from 20 to 18 to study the dynamics of youth risk taking. Using administrative data on the universe of road accidents over a fifteen year period spanning the law change, we undertake three complimentary analyses to...

Since the 1980s, income inequality in New Zealand has been a growing concern - particularly in metropolitan areas. At the same time, the encouragement of permanent and temporary immigration has led to the foreign-born accounting for a growing share of the population; this is disproportionally so...

Theory suggests that groups historically subject to discrimination, such as Jews, could exhibit traditionally high investment in education because discrimination spurred exit facilitated by human capital. Theory moreover suggests that if exit is uncertain, it could induce investment in skill...

We quantify the impacts of droughts in New Zealand on the profitability of dairy, and sheep and beef farms. Using a comprehensive administrative database of all businesses in New Zealand, we investigate the impact of droughts on farm revenue, profits, return on capital, business equity, debt to...

Employing unique representative survey data from New Zealand collected in 2016, we study public knowledge about and attitude towards a specific monetary policy institution, the Policy Target Agreement (PTA). The PTA contains the inflation target for the Reserve Bank of New Zealand (RBNZ). First,...