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Search and destroy: a bioeconomic analysis of orange roughy fisheries on seamounts in New Zealand
This paper develops a bioeconomic model that captures the underlying incentives driving the serial depletion of pristine seamounts. The determinants under New Zealand’s Quota Management System relate to unit cost savings ...
The impact of oil-market shocks on stock returns in major oil-exporting countries: A Markov-switching approach
The impact that oil shocks have on stock prices in oil exporting countries has implications for both domestic and international investors. We derive the shocks driving oil prices from a fully-identified structural model ...
How Close to Home Does Charity Begin?
This paper uses a field experiment to analyse the extent to which people are more inclined to support a charity focused on people or causes in their own region, compared to regions in other parts of the country. New Zealand ...
Does institutional quality foster economic complexity?
This paper examines the extent to which the quality of institutions, measured by the Economic Freedom of the World index, helps shape cross-country differences in economic complexity. To this end, I employ the intensity ...
Education spending and Wagner’s law: New international evidence
This paper examines the association between economic development and two measures of public spending on education, namely the ‘national effort’ (total spending as a percentage of GDP) and ‘budget share’ (total spending as ...
Taxing capital income in New Zealand: an international perspective
In the 1980s and 1990s New Zealand undertook a large number of tax reforms designed to improve the performance of the economy. Top marginal income-tax rates were reduced, a value-added tax (GST) was introduced, a system ...
The knowledge-capital model: The case of intra-Asian foreign direct investment
Employing a panel dataset of bilateral inward and outward foreign direct investment (FDI) for 31 Asian countries and territories over the period 2001-2012, we estimate the knowledge-capital (KK) model to find the dominant ...
Migration Fears, Policy Uncertainty and Economic Activity
Motivated by the recent European migrant crisis, Brexit, and President Trump's immigration priorities, we provide new evidence into how migration fears and migration policy uncertainty affect macroeconomic outcomes across ...
What Has New Zealand Gained From The FTA With China?: Two Counterfactual Analyses
New Zealand (NZ) was the rst developed country to have signed a free trade agreement
(FTA) with China. We investigate the e ects of the 2008 NZ-China FTA on (i)
exports from NZ to China, and (ii) real GDP per capita in ...
In Search of Effective Altruists
The effective altruism movement argues that people wanting to do the most good they can should donate to charities fighting poverty in poor countries overseas, rather than to charities helping people in need in wealthy ...