Richer or poorer?

Patrick Reynolds is deputy chair of the City Centre Advisory Panel, and a previous director of Waka Kotahi/NZTA. Recently there has been some good attention on New Zealand’s relatively low productivity. Just last week the Mayor led on this issue: Brown stressed that Auckland’s economic future relies on shifting from low productivity and long hours to high-value, scalable innovation.…
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Urban form and agglomeration economies – the impact of “edge cities”

Last week, I took a look at the contribution of agglomeration to Auckland’s recent economic growth. Based on observed changes to employment density over the period, plus agglomeration elasticities calculated by David Maré and Daniel Graham, I estimated that 11-12% of Auckland’s recent productivity growth was due to increased urban scale and density.…
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