A Flexible Economy? Entrepreneurship and Productivity in New Zealand
Stanford Graduate School of Business; CESifo (Center for Economic Studies and Ifo Institute for Economic Research)
August 1, 2004
This paper (a) provides a framework for quantifying any economy's flexibility, and (b) reviews the evidence on New Zealand firms' birth, growth and death. The data indicate that, by and large, the labour market and the financial market are doing their job.
Number of Pages in PDF File: 28
Keywords: Creative destruction, New Zealand
JEL Classification: L51, O56, D21working papers series
Date posted: August 2, 2004
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