A Flexible Economy? Entrepreneurship and Productivity in New Zealand

34 Pages Posted: 1 Nov 2004

See all articles by John McMillan

John McMillan

CESifo (Center for Economic Studies and Ifo Institute)

Multiple version iconThere are 2 versions of this paper

Date Written: September 2004

Abstract

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 labor market and the financial market are doing their job.

Keywords: Flexibility, turnover

JEL Classification: D23, L11, O56

Suggested Citation

McMillan, John, A Flexible Economy? Entrepreneurship and Productivity in New Zealand (September 2004). CEPR Discussion Paper No. 4614. Available at SSRN: https://ssrn.com/abstract=613463

John McMillan (Contact Author)

CESifo (Center for Economic Studies and Ifo Institute)

Poschinger Str. 5
Munich, DE-81679
Germany

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