27
Views
2
CrossRef citations to date
0
Altmetric
Original Articles

The transaction sector, the information economy, and economic growth in New Zealand: Taking hazledine seriouslyFootnote*

Pages 87-99 | Published online: 10 Nov 2009

References

  • Akerlof , G. and Kranton , R. 2000 . “Economics of Identity” . Quarterly Journal of Economics, , 115 (3) : 715 – 753 .
  • Alexander , D. 1992 . “Resource Use and U.S. Manufacturing Productivity Growth” . Journal of Post Keynesian Economics, , 14 (3) : 389 – 407 .
  • Belich , J. 2001 . Paradise Reforged: A History of the New Zealanders From the 1880s to the Year 2000, , Albany, Auckland : Penguin Books .
  • Bils , M. and Klenow , P. 2000 . “Does Schooling Cause Growth?” . American Economic Review, , 90 (5) : 1160 – 1183 .
  • Coleman , J. 1988 . “Social Capital in the Creation of Human Capital” . American Journal of Sociology , 94 ( Supplement ) : S95 – S120 .
  • Conway , M. 1981 . “Information Occupations: The New Dominant in the New Zealand Work Force” , Network New Zealand Working Papers, Paper No. 2 Edited by: Commission for the Future . Wellington
  • Conway , M. 1981 . “Information Occupations: The New Dominant in the New Zealand Work Force” , Network New Zealand Working Papers, Paper No. 2 Edited by: Commission for the Future . Wellington
  • Davis , P. , Jenkin , G. and Coope , P. 2003 . New Zealand Socio‐Economic Index 1996: An Update and Revision of the New Zealand Socio‐Economic Index of Occupational Status , Wellington : Statistics New Zealand .
  • De Soto , H. 1989 . The Other Path , New York : Harper & Row .
  • Denny , K. September 2003 . The Effects of Human Capital on Social Capital: A Cross‐Country Analysis , Working Paper 03/16 September , Institute of Fiscal Studies . http://www.ifs.org.uk/workingpapers/wp0316.pdf (accessed 23/10/03)
  • Dollery , B. and Leong , W. H. 1998 . “Measuring the Transaction Sector in the Australian Economy, 1911–1991” . Australian Economic History Review, , 38 (3) : 207 – 231 .
  • Durlauf , S. 2002 . “Symposium on Social Capital: Introduction” . Economic Journal , 112 : F417 – F418 .
  • Engelbrecht , H.‐J. 1991 . “Information Services, Private Bureaucracies, and Japan's Comparative Advantage” . Review of Economics and Statistics, , 73 (4) : 716 – 719 .
  • Engelbrecht , H.‐J. 1994 . “Private Bureaucracies, Organizational Efficiency, and Australia's Manufacturing Trade Structure: A Comparison with Japan” . International Review of Applied Economics, , 8 (3) : 266 – 282 .
  • Engelbrecht , H.‐J. 1997a . “A Comparison and Critical Assessment of Porat and Rubin's Information Economy and Wallis and North's Transaction Sector” . Information Economics and Policy, , 9 (4) : 271 – 290 .
  • Engelbrecht , H.‐J. 1997b . “Corporate Bureaucracies and United States Competitiveness” . International Journal of the Economics of Business, , 4 (2) : 129 – 153 .
  • Engelbrecht , H.‐J. 2000 . “Towards a Knowledge Economy? Changes in New Zealand's Information Workforce 1976–1996” . Prometheus, , 18 (3) : 265 – 282 .
  • Engelbrecht , H.‐J. “The Growth and Gender Composition of New Zealand's Information Work Force” . Labour, Employment and Work in New Zealand 2000: Proceedings of the Ninth Conference . November 23 and 24 2000 . Edited by: Morrison , Philip S. pp. 123 – 133 . Wellington : Victoria University of Wellington .
  • Engelbrecht , H.‐J. and Mahon , A. 2003 . Maori and the Information Workforce, 1991–2001 , Discussion Paper No. 03.03 Palmerston North, , New Zealand : Department of Applied and International Economics, Massey University .
  • Feldstein , M. “Overview” “Economic Policy for the Information Economy” . Symposium sponsored by the Federal Reserve Bank of Kansas City . August 30 , Jackson Hole, Wyoming. pp. 391 – 397 . ‐September 1 http://www.kc.frb.org/PUBLICAT/SYMPOS/2001 /sym01 prg.htm (accessed 23/10/03)
  • Frank , R. , Gilovich , T. and Regan , D. 1996 . “Do Economists Make Bad Citizens?” . Journal of Economic Perspectives, , 10 (1) : 187 – 192 .
  • Fuess , S. Jr. and van den Berg , H. 1992 . “The Impact of Transaction Activities on U.S. Productivity Growth” . Economics Letters, , 38 (2) : 243 – 247 .
  • Glaeser , E. , Laibson , D. and Sacerdote , B. 2002 . “An Economic Approach to Social Capital” . Economic Journal , 112 : F437 – F458 .
  • Grootaert , C. and van Bastelaer , T. , eds. 2002 . The Role of Social Capital in Development: An Empirical Assessment, , Cambridge, , U.K. : Cambridge University Press .
  • Hall , R. and Jones , C. 1999 . “Why Do Some Countries Produce So Much More Output Per Worker Than Others?” . Quarterly Journal of Economics, , 114 (1) : 83 – 116 .
  • Hazledine , T. 1998 . Taking New Zealand Seriously: The Economics of Decency, , Auckland : Harper Collins .
  • Hazledine , T. 2001a . “Transaction Efficiency in. New Zealand and Australia, 1961–96” . In Creating an Internationally Competitive Economy, , Edited by: Bloch , Harry and Kenyon , Peter . 250 – 270 . Houndmills, Basingstoke and New York : Palgrave .
  • Hazledine , T. 2001b . “Measuring the New Zealand Transaction Sector, 1956–98, with an Australian Comparison” . New Zealand Economic Papers, , 35 (1) : 77 – 100 .
  • Hazledine , T. 2003 . “Editor's Introduction to the Symposium on New Zealand Growth and Productivity” . New Zealand Economic Papers, , 37 (1) : 1 – 3 .
  • Helliwell , J. and Putnam , R. 1999 . Education and Social Capital , National Bureau of Economic Research Working Paper No. 7121
  • Hodgson , G. 1999 . Economics & Utopia: Why the Learning Economy is Not the End of History, , Routledge : London and New York .
  • Hoff , K. and Stiglitz , J. 2001 . “Modern Economic Theory and Development” . In Frontiers of Development Economics: The Future in Perspective, , Edited by: Meier , Gerald and Stiglitz , Joseph . 389 – 459 . The World Bank and Oxford University Press .
  • Knack , S. and Keefer , P. 1997 . “Does Social Capital Have an Economic Payoff? A Cross‐Country Investigation” . Quarterly Journal of Economics, , 112 (4) : 1251 – 1288 .
  • McCann , P. June 2003 . Geography, Trade and Growth: Problems and Possibilities for the New Zealand Economy , Working Paper 03/03 June , New Zealand Treasury . http://www.treasurv.govt.nz/workingpapers/2003/03–03.asp (accessed 23/10/03)
  • Metcalfe , J. S. 2001 . “Institutions and Progress” . Industrial and Corporate Change, , 10 (3) : 561 – 586 .
  • MöIIering , G. 2002 . “Perceived Trustworthiness and Inter‐Firm Governance: Empirical Findings From the UK Printing Industry” . Cambridge Journal of Economics, , 26 (2) : 139 – 160 .
  • OECD . 1981 . Information Activities, Electronics and Telecommunications Technologies: Impact on Employment, Growth and Trade Volume I , Paris
  • OECD . 2003 . The Sources of Economic Growth in OECD Countries, Paris
  • Paldam , M. 2000 . “Social Capital: One or Many? Definition and Measurement” . Journal of Economic Surveys, , 14 (5) : 629 – 653 .
  • Piazza‐Georgi , B. 2002 . “The Role of Human and Social Capital in Growth: Extending Our Understanding” . Cambridge Journal of Economics, , 26 (4) : 461 – 479 .
  • Porat , M. and Rubin , M. 1977 . The Information Economy , (in nine volumes) , 77 – 12 . Washington D.C. : US Department of Commerce, Office of Telecommunications, Special Publication .
  • Productivity Commission . July 2003 . Social Capital: Reviewing the Concept and its Policy Implications July , Ausinfo, Canberra Research Paper, http://www.pc.gov.au/research/commres/socialcapital/index.html (accessed 23/10/03)
  • Scobie , G. 1998 . Review of: Taking New Zealand Seriously, by Tim Hazledine . New Zealand Economic Papers, , 32 (2) : 225 – 229 .
  • Wallis , J. and North , D. 1986 . “Measuring the Transaction Sector in the American Economy, 1870–1970” . In Long‐Term Factors in American Economic Growth , Edited by: Engerman , Stanley L. and Gallman , Robert Z. Volume 51 , 95 – 148 . NBER Studies in Income and Wealth, University of Chicago Press . chapter 3
  • Wallis , J. and North , D. 1988 . “Should Transaction Costs be Subtracted from Gross National Product?” . Journal of Economic History, , 48 (3) : 651 – 654 .
  • Wang , N. Measuring Transaction Costs: An Incomplete Survey . Paper presented to the Conference on Transaction Costs . February . pp. 21 – 23 . Chicago, Illinois : Ronald Coase Institute .
  • Westlund , H. and Bolton , R. 2003 . “Local Social Capital and Entrepreneurship” . Small Business Economics , 21 : 77 – 113 .
  • Williamson , O. 2000 . “The New Institutional Economics: Taking Stock, Looking Ahead” . Journal of Economic Literature, , 38 (3) : 595 – 613 .
  • I thank Tim Hazledine and a referee for useful comments. The second part of the title is a play on Hazledine (1998). It was also partly inspired by Scobie's (1998) review in this journal.
  • Hans‐Jürgen Engelbrecht, Department of Applied and International Economics, Massey University.

Reprints and Corporate Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

To request a reprint or corporate permissions for this article, please click on the relevant link below:

Academic Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

Obtain permissions instantly via Rightslink by clicking on the button below:

If you are unable to obtain permissions via Rightslink, please complete and submit this Permissions form. For more information, please visit our Permissions help page.