A Flexible Economy? Entrepreneurship and Productivity in New Zealand
28 Pages Posted: 2 Aug 2004
Date Written: 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.
Keywords: Creative destruction, New Zealand
JEL Classification: L51, O56, D21
Suggested Citation: Suggested Citation