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A Good Worker is Hard to Find: Skills Shortages in New Zealand Firms

Penny Mok (), Geoff Mason (), Philip Stevens and Jason Timmins ()
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Geoff Mason: National Institute of Economic and Social Research

No 12/5, Occasional Papers from Ministry of Economic Development, New Zealand

Abstract: This paper examines the determinants of firms’ skill shortages, using a specially-designed survey, the Business Strategy and Skills (BSS) module of the Business Operations Survey. We combine the BSS module with additional data on firms in the Statistics New Zealand’s prototype Longitudinal Business Database (LBD). We focus on vacancies that were hard-to-fill because the applicants lacked the necessary skills, qualification or experience - which we define as skill-related reasons (skill shortage vacancies). We also contrast these with vacancies that were hard-to-fill for non-skill-related reasons.

Keywords: skill shortages; hard-to-fill vacancies; Business Operations Survey; Heckman Selection model (search for similar items in EconPapers)
JEL-codes: J24 J31 L60 (search for similar items in EconPapers)
Pages: 75 pages
Date: 2012-05-01
New Economics Papers: this item is included in nep-lma
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