Aggregate investment in New Zealand pre-and post-restructuring
The New Zealand economy has undergone a good deal of micro-economic and macro-economic reform in pursuit of higher economic growth. Investment is one of very few variables robustly associated with growth. We develop an eclectic model of investment demand and apply it to New Zealand data, concluding...
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Veröffentlicht in: | Applied economics 1999-03, Vol.31 (3), p.287-292 |
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creator | BRUNTON, RICKARDO A. ALEXANDER, W. ROBERT J. |
description | The New Zealand economy has undergone a good deal of micro-economic and macro-economic reform in pursuit of higher economic growth. Investment is one of very few variables robustly associated with growth. We develop an eclectic model of investment demand and apply it to New Zealand data, concluding that, since restructuring began in 1984, the variables change in income and change in the real after-tax interest rate have become positively associated with investment. |
doi_str_mv | 10.1080/000368499324273 |
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We develop an eclectic model of investment demand and apply it to New Zealand data, concluding that, since restructuring began in 1984, the variables change in income and change in the real after-tax interest rate have become positively associated with investment.</description><subject>Applied economics</subject><subject>Demand</subject><subject>Economic growth</subject><subject>Economic models</subject><subject>Economic reform</subject><subject>Income</subject><subject>Interest rates</subject><subject>Investment</subject><subject>Investment demand</subject><subject>Macroeconomics</subject><subject>Microeconomics</subject><subject>New Zealand</subject><subject>Public debt</subject><subject>Structural adjustment</subject><subject>Studies</subject><issn>0003-6846</issn><issn>1466-4283</issn><fulltext>true</fulltext><rsrctype>article</rsrctype><creationdate>1999</creationdate><recordtype>article</recordtype><sourceid>X2L</sourceid><sourceid>K30</sourceid><recordid>eNqFkE1PHDEMhqOqSN1Cz72uqNTbQBLP5KOHSghR2grBBS69RNmMZxk0X00ywP77ertVDyshDo4T-3mtN2bso-Anght-yjkHZUprQZZSwxu2EKVSRSkNvGWLbbegtnrH3qf0QE8hQS_Y17P1OuLaZ1y2wyOm3OOQ6bq8xqflL_SdH-rlFLH4m8eUi0hQnEOeYzusj9hB47uEH_7lQ3b37eL2_HtxdXP54_zsqghVJXJRi9IAWquMVisFtQlKBjTehsYE8Lw0uOLa6tpoU9WrsllVdaWsgDoYi17AIfu8mzvF8fdMDlzfpoAd2cNxTg6MslYbS-DxHvgwznEgb04KqQA0SII-vQSJShjQtuRA1OmOCnFMKWLjptj2Pm6c4G67cre3clL83CkiThj-49k3fpo6qjw68CDo2FAIay2ldlujmCik0U5a6e5zT8O-7Ia1QzPG3j-Nsatp1qYbYxP9EFr69stOqlfFexqXnzP8AZvur1M</recordid><startdate>19990301</startdate><enddate>19990301</enddate><creator>BRUNTON, RICKARDO A.</creator><creator>ALEXANDER, W. 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ROBERT J.</author></sort><facets><frbrtype>5</frbrtype><frbrgroupid>cdi_FETCH-LOGICAL-c551t-d1483e996876b63d8c62ce8a9cf8c3a048eb0797d8785db4fb5d56913dc89ea13</frbrgroupid><rsrctype>articles</rsrctype><prefilter>articles</prefilter><language>eng</language><creationdate>1999</creationdate><topic>Applied economics</topic><topic>Demand</topic><topic>Economic growth</topic><topic>Economic models</topic><topic>Economic reform</topic><topic>Income</topic><topic>Interest rates</topic><topic>Investment</topic><topic>Investment demand</topic><topic>Macroeconomics</topic><topic>Microeconomics</topic><topic>New Zealand</topic><topic>Public debt</topic><topic>Structural adjustment</topic><topic>Studies</topic><toplevel>peer_reviewed</toplevel><toplevel>online_resources</toplevel><creatorcontrib>BRUNTON, RICKARDO A.</creatorcontrib><creatorcontrib>ALEXANDER, W. 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ROBERT J.</au><format>journal</format><genre>article</genre><ristype>JOUR</ristype><atitle>Aggregate investment in New Zealand pre-and post-restructuring</atitle><jtitle>Applied economics</jtitle><date>1999-03-01</date><risdate>1999</risdate><volume>31</volume><issue>3</issue><spage>287</spage><epage>292</epage><pages>287-292</pages><issn>0003-6846</issn><eissn>1466-4283</eissn><coden>APPEBP</coden><abstract>The New Zealand economy has undergone a good deal of micro-economic and macro-economic reform in pursuit of higher economic growth. Investment is one of very few variables robustly associated with growth. We develop an eclectic model of investment demand and apply it to New Zealand data, concluding that, since restructuring began in 1984, the variables change in income and change in the real after-tax interest rate have become positively associated with investment.</abstract><cop>London, etc</cop><pub>Taylor & Francis Group</pub><doi>10.1080/000368499324273</doi><tpages>6</tpages></addata></record> |
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subjects | Applied economics Demand Economic growth Economic models Economic reform Income Interest rates Investment Investment demand Macroeconomics Microeconomics New Zealand Public debt Structural adjustment Studies |
title | Aggregate investment in New Zealand pre-and post-restructuring |
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