Productivity in the New Zealand Primary and Downstream Sectors
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In this paper, we report our results in measuring total factor productivity (TFP) growth in the New Zealand primary and downstream manufacturing sectors. Our results showed strong TFP growth in the agriculture sector during 1988-2006 (2.7 percent per year). Forestry and logging’s TFP grew at a lower rate (1.5 percent) which is similar to that of the economy average. Both downstream manufacturing sectors’ TFP grew at lower rates than the primary sectors and the economy average (being 1.1 and -0.1 percent respectively).