Macroeconomic Performance and Government Popularity in New Zealand

1984 ◽  
Vol 16 (4) ◽  
pp. 457-477 ◽  
Author(s):  
HEINRICH W. URSPRUNG
Keyword(s):  
New Zealand ◽  
Macroeconomic Performance ◽  
Macroeconomic Variables ◽  
Empirical Results ◽  
Macroeconomic Condition ◽  
Economic Relationship ◽  
Normal Performance ◽  
Forward Looking

This article empirically investigates the effects of macroeconomic variables on the popularity of the New Zealand government by testing various popularity functions for the period 1970-1981. The results unambiguously show that the existence of this important politico-economic relationship cannot be doubted. In particular, the empirical results suggest that New Zealand voters are (1) forward-looking rather than backward-looking, (2) capable of comparing the actual macroeconomic condition with some notion of a variable “normal” performance, and (3) well aware of the openness of their economy.

THE ECONOMIC RELATIONSHIP OF DAIRYING TO GRASSLAND FARMING UNDER VARYING MARKETING CONDITIONS

1933 ◽  
pp. 1-22
Author(s):  
E.J. Fawcett
Keyword(s):  
New Zealand ◽  
Economic Relationship ◽  
Relationship Of

The development of grassland dairying in New Zealand has resulted from the potential ability of large tracts of country to carry pastures of a milk producing type throughout the whole year.

scholarly journals Activity of the Regional Polish United Workers’ Party Apparatus in 1970–1989

2021 ◽  
Vol 8 (55) ◽  
pp. 79-94
Author(s):  
Dariusz Standerski
Keyword(s):  
Statistical Analysis ◽  
Correlation Coefficient ◽  
Communist Party ◽  
Economic Activity ◽  
Central Government ◽  
Capital City ◽  
State Archive ◽  
Macroeconomic Performance ◽  
Macroeconomic Variables ◽  
Archival Documents

Abstract The article aims to verify whether, in the 1980s, there was a significant decrease in the involvement of the regional communist party structures in charge of economic affairs in Poland. The analysis is made on the case of the Warsaw Committee (KW) of the Polish United Workers’ Party (PUWP). Archival documents gathered in the State Archive in Warsaw were used to perform the analysis. The protocols of the meetings of the Executive and Secretariat 1970–1989 were collected, described and analysed. Moreover, the analysis was supplemented by the Statistical Yearbooks of Warsaw (GUS, 1957–1974), the Statistical Yearbooks of the Capital City of Warsaw (GUS, 1976–1981) and the Journal of Laws of the People's Republic of Poland 1970–1989. A statistical analysis of economic activity of the KW of the PUWP in the context of macroeconomic variables and economic activity of central authorities was performed. The correlation coefficient between macroeconomic performance and Party activity indicates the convergence of both trends in the 1970s and the lack of correlation in the 1980s. The decline in engagement after 1978 was unprecedented. In this period, there was a discrepancy between the activities of the central government and the Party apparatus, which remained in place until the end of the system. Institutional mechanisms in the Principal–Agent relation weakened significantly in 1980s.

Do Imports Increase Unemployment? Empirical Estimates That Are Not Model Dependent

2021 ◽  
Vol 16 (3) ◽  
pp. 447-469
Author(s):  
Jonathan E. Leightner ◽  
Keyword(s):  
Czech Republic ◽  
New Zealand ◽  
Theoretical Model ◽  
The Netherlands ◽  
South Korea ◽  
Trade Liberalization ◽  
Empirical Results ◽  
Empirical Estimates ◽  
The Us ◽  
The Uk

Some Ricardian models would predict a fall in unemployment with trade liberalization. In contrast, the Heckscher-Ohlin model (Stolper Samuelson Theorem) would predict trade liberalization would cause a fall in wages for labor scarce countries, resulting in greater unemployment if there are wage rigidities. The choice of which theoretical model is used affects the empirical results obtained. This paper produces estimates of the change in unemployment due to a change in imports that are not model dependent. The estimates produced are total derivatives that capture all the ways that imports and unemployment are correlated. I find that unemployment increases with increased imports for Austria, Greece, Japan, Portugal, South Korea, Slovenia, and Sweden, but that unemployment decreases with increased imports for Australia, Belgium, Canada, Czech Republic, Denmark, Estonia, Finland, France, Germany, Hungary, Ireland, Israel, Italy, Latvia, the Netherlands, New Zealand, Norway, Poland, Slovakia, Spain, the UK, and the US.

The Effect of Cultural Values in Mobile Payment Preference

2017 ◽  
pp. 248-263
Author(s):  
Jashim Khan ◽  
Jean-Éric Pelet ◽  
Gary James Rivers ◽  
Na Zuo
Keyword(s):  
New Zealand ◽  
Cultural Values ◽  
Cultural Differences ◽  
Mobile Payment ◽  
Empirical Results ◽  
Cultural Aspects ◽  
Mobile Payments ◽  
Negative Perceptions

The purpose of this study is to compare French and New Zealand consumers' perceptions of mobile payments (m-payments) relative to other options to identify the preferred mode of payment and related spending behaviour. Evidence suggests that payment modes can influence spending behaviours and therefore this is important to commerce to promote payment modes that facilitate transactions. Using the Perceptions of Payment Mode (PPM) scale (Khan et al., 2015), this study was able to identify cultural differences on perceptions of cash payments, though both countries' consumers held negative perceptions of, and emotions towards, m-payments relative to other options. The empirical results are useful in understanding cultural aspects of payment modes and for companies to recognise consumers' associations with these modes to enhance relations, services and the use of m-payments.

BELIEF-TWISTING SHOCKS AND THE MACROECONOMY

2018 ◽  
Vol 22 (7) ◽  
pp. 1844-1858
Author(s):  
Jacek Suda
Keyword(s):  
Stochastic Process ◽  
Great Depression ◽  
Rational Expectations ◽  
Bayesian Learning ◽  
Prior Belief ◽  
Macroeconomic Performance ◽  
Macroeconomic Variables ◽  
The Great Depression ◽  
Data Generating Process

I study the role of shocks to beliefs combined with Bayesian learning in a standard equilibrium business cycle framework. In particular, I examine how a prior belief arising from the Great Depression may have influenced the macroeconomy during the last 75 years. In the model, households hold twisted beliefs concerning the likelihood and persistence of recession and boom states that are affected by the Great Depression. These initial beliefs are substantially different from the true data generating process and are only gradually unwound during subsequent years. Even though the driving stochastic process for technology is unchanged over the entire period, the nature of macroeconomic performance is altered considerably for many decades before eventually converging to the rational expectations equilibrium. This provides some evidence of the lingering effects of beliefs-twisting events on the behavior of macroeconomic variables.

The Relationship Between Productivity Changes and Poverty in the United States

1995 ◽  
Author(s):  
K. J. Hayes ◽  
D. J. Slottje ◽  
M. L. Nieswiadomy ◽  
E. N. Wolff
Keyword(s):  
United States ◽  
Public Policy ◽  
Productivity Growth ◽  
Policy Implication ◽  
The United States ◽  
Macroeconomic Variables ◽  
Empirical Results ◽  
The Relationship

This paper examines the relationship between poverty and changes in productivity and other macroeconomic variables. It is not assumed that the relationship is unidirectional from productivity to poverty. Specifically, the hypothesis is that there may be bi-directional causality between poverty and changes in productivity. The empirical results suggest that feedback does exist between productivity and poverty. The clear public policy implication is that measures intended to affect productivity growth or poverty must be designed simultaneously.

A FORWARD-LOOKING MEASURE OF THE STOCK OF HUMAN CAPITAL IN NEW ZEALAND*

2006 ◽  
Vol 74 (5) ◽  
pp. 593-609 ◽  
Author(s):  
TRINH LE ◽  
JOHN GIBSON ◽  
LES OXLEY
Keyword(s):  
Human Capital ◽  
New Zealand ◽  
Forward Looking

scholarly journals Industrial Sector Growth, Macroeconomic Performance, and Corruption in the Sub Sahara Africa

2019 ◽  
Vol 64 (2) ◽  
pp. 72-83
Author(s):  
Oyerinde Adewale Atanda
Keyword(s):  
Exchange Rate ◽  
Inflation Rate ◽  
Industrial Sector ◽  
Sustainable Growth ◽  
Macroeconomic Performance ◽  
Industrial Growth ◽  
Macroeconomic Variables ◽  
Auto Regressive ◽  
Control Of Corruption

Abstract The study investigates the impacts of macroeconomic performance and corruption on the industrial growth of the SSA. The industrial sector is seen as the engine of the economic development of any country and hence policies that will promote the growth of the sector cannot be over emphasized. The study investigated effects of macroeconomic variables such as exchange rate, economic growth, inflation rate and unemployment rate as measures of economic performance in the SSA on the industrial sector growth. Also quality of institutions effects on industrial sector is investigated using control of corruption as proxy. The preliminary diagnostic results show that Panel Auto-Regressive Distributed Lags P-ARDL is appropriate for the estimation and the results show that both macroeconomic performance and corruption have significant impacts of the industrial sector growth in SSA. However, an exchange rate that will encourage domestic production, minimum inflation, and unemployment rates, will guarantee sustainable growth in the industrial sector, while tightening grip on control of corruption.

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