publication . Preprint . Part of book or chapter of book . Article . 2005

Quantifying creative destruction: Entrepreneurship and productivity in New Zealand

John McMillan;
Open Access
  • Published: 12 Sep 2005
This paper (a) provides a framework for quantifying any economy's flexibility, and (b) reviews the evidence on New Zealand firms' birth, growth and death. The data indicate that, by and large, the labour market and the financial market are doing their job.
free text keywords: jel:L, General Economics, Econometrics and Finance
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