... Baily and Lawrence (2001), Gordon (2000), Jorgenson and Stiroh (2000), Nordhaus (2000), Oliner and Sichel (2000), Stiroh (2001), and Whelan (2000). 6 For example, both Robert Hall (2001a) and ... affect the level of New Zealand’s performance. Surely there are costs related to transport. Moreover, the small size of the market mandates that New Zealand be an active and free participant in ... investment in New Zealand is not high enough to accommodate an acceleration in productivity. 14 See Basu, Fernald, and Shapiro (2001) for a discussion and reference. 15 New Zealand has a very...