A Note on Perry’s Reconsideration of Macroeconomic Evidence from New Zealand

Perry in this journal draws on two new sources to challenge claims byDalziel (2002) and Peetz (2005) about relatively weak labour productivity growth in New Zealand after the introduction of its Employment Contracts Act (ECA) in 1991. While new data raise further research questions, they do not overturn our original conclusions. Whether the ECA contributed to higher labour input growth compared with Australia, it failed to improve labour productivity growth.