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Analysing the extent and effects of occupational regulation in New Zealand

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  • Simon James Greenwood
  • Andrea Kutinova Menclova

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 28% of workers’ primary jobs are affected by occupational regulation. This is lower than the 35% reported for the US but identical 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.

Suggested Citation

  • Simon James Greenwood & Andrea Kutinova Menclova, 2018. "Analysing the extent and effects of occupational regulation in New Zealand," New Zealand Economic Papers, Taylor & Francis Journals, vol. 52(1), pages 21-39, January.
    • Handle: RePEc:taf:nzecpp:v:52:y:2018:i:1:p:21-39
    DOI: 10.1080/00779954.2016.1247291
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    References listed on IDEAS

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    1. Leland, Hayne E, 1979. "Quacks, Lemons, and Licensing: A Theory of Minimum Quality Standards," Journal of Political Economy, University of Chicago Press, vol. 87(6), pages 1328-1346, December.
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    More about this item

    JEL classification:

    • J44 - Labor and Demographic Economics - - Particular Labor Markets - - - Professional Labor Markets and Occupations

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