Distance, weak local competition and high dollar all causes of poor NZ productivity

Tue, 02 Jul 2013

By Pattrick Smellie July 2 (BusinessDesk) - New research presented to a symposium on New Zealand’s poor productivity finds distance from export markets continues to be a major factor to explain what should be much better performance, along with long-known weakness in research and development investment. In a paper to the Productivity Hub seminar in Wellington, Alain de Serres, a counsellor to the chief economist at the Organisation for Economic Cooperation and Development, said New Zealand’s policy settings suggested the country should be do...

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