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dc.contributor.authorStockham, Jamie M.en
dc.date.accessioned2010-12-06T19:39:26Z
dc.date.issued1998en
dc.identifier.urihttps://hdl.handle.net/10182/2954
dc.description.abstractThe ascendancy of service sectors in developed economies over the last quarter century has raised questions. Some have asserted that it is the cause of the productivity slowdown that has beset industrialised nations since the early 1970s. Recently, however, it has been argued that the growth of service sector may actually be a significant catalyst of growth. The issue is complicated by the difficulties involved with measuring service sector productivity. This research seeks to explain whether the ascendancy of the service sector has helped or hindered productivity growth in New Zealand. It uses a neoclassical growth equation model, which is extended to incorporate structural disequilibrium and cross-sector externalities. Evidence is found that the service sector exhibits greater productivity than the remainder of the economy. No evidence is found of significant cross-sector externalities, although accurate estimation of this parameter is made difficult by multicollinearity problems. The economic reforms of the mid 1980s are found not to have induced a structural break in the trend rate of productivity growth.en
dc.language.isoenen
dc.publisherLincoln Universityen
dc.subjectexternalitiesen
dc.subjectgrowthen
dc.subjectneoclassical modelen
dc.subjectNew Zealanden
dc.subjectproductivityen
dc.subjectservice sectoren
dc.subjectstructural disequilibriumen
dc.titleProductivity growth and the ascendancy of the service sector in New Zealanden
dc.typeThesis
thesis.degree.grantorLincoln Universityen
thesis.degree.levelMastersen
thesis.degree.nameMaster of Commerce and Managementen
lu.contributor.unitLincoln Universityen
dc.rights.accessRightsDigital thesis can be viewed by current staff and students of Lincoln University only. Print copy available for reading in Lincoln University Library. en
pubs.organisational-group/LU
pubs.publication-statusPublisheden


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