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Working paper

Labour Force Participation and GDP in New Zealand (WP 04/07)

Issue date: 
Thursday, 1 April 2004
Status: 
Current
View point: 
Document Date: 
Publication category: 
JEL classification: 
J21 - Labor Force and Employment, Size, and Structure
J24 - Human Capital; Skills; Occupational Choice; Labor Productivity
O12 - Microeconomic Analyses of Economic Development
O56 - Economywide Country Studies: Oceania
Fiscal year: 
2003/04

Formats and related files

In this paper we calculate the effect on GDP of hypothetical increases in employment from increased participation, taking into account the differences in productivity between new and existing workers.

Acknowledgements

We are grateful to Barbara Annesley, Keith Walton and Tracy Mears for their assistance. We would also like to thank Bob Buckle, John Creedy, David Grimmond, David Gruen, Kam Szeto and David Rae for their comments on a draft of the paper. The paper was completed while Daniel Garrett was a summer intern at the Treasury.

Disclaimer

The views, opinions, findings, and conclusions or recommendations expressed in this Working Paper are strictly those of the author(s). They do not necessarily reflect the views of the New Zealand Treasury. The Treasury takes no responsibility for any errors or omissions in, or for the correctness of, the information contained in these working papers. The paper is presented not as policy, but to inform and stimulate wider debate.

Last updated: 
Tuesday, 23 October 2007