Analysing the Extent and Effects of Occupational Regulation in New Zealand

Simon James Greenwood and Andrea Menclova

Working Papers in Economics from University of Canterbury, Department of Economics and Finance

Abstract: This study is the first to our knowledge to document the extent and correlates of occupational regulation in New Zealand. Using data from the Census and the Survey of Working Life, we estimate that 29% of workers’ primary jobs are affected by occupational regulation. This is lower than the 35% reported for the US but close to UK estimates of 28%. Furthermore, we find that holding observable factors constant, occupational regulation is associated with a wage premium of 5%. This is lower than the 18% licensing premium found for the US but within the range of estimates for the UK.

Keywords: Occupational regulation; licensing; wages; New Zealand (search for similar items in EconPapers)
JEL-codes: J44 (search for similar items in EconPapers)
Pages: 32 pages
Date: 2016-04-08
New Economics Papers: this item is included in nep-env and nep-lma
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Persistent link: https://EconPapers.repec.org/RePEc:cbt:econwp:16/06

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