Quantifying creative destruction: Entrepreneurship and productivity in New Zealand

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• I thank Robert Buckle, Tim Hazledine, Robert Joss, David Skilling, Bryce Wilkinson and Mark Wright for comments. I acknowledge support from the Center for Global Business and the Economy at the Stanford Graduate School of Business. An earlier version was presented at the workshop on “Productivity: Performance, Prospects and Policies,” sponsored by the Treasury, the Reserve Bank and the Ministry of Economic Development, Wellington, July 28–29, 2004.
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