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How much of what New Zealanders consume is imported? Estimates from input-output tables

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Abstract

Imports make up a substantial proportion of what New Zealanders' spend, both directly, and through the imported inputs used in goods and services produced locally. This note uses input-output tables to estimate the total share of imports in the expenditure bases that lie behind two measures of consumer inflation, the CPI and the implicit deflator for household consumption expenditure.

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  • Miles Parker, 2014. "How much of what New Zealanders consume is imported? Estimates from input-output tables," Reserve Bank of New Zealand Analytical Notes series AN2014/05, Reserve Bank of New Zealand.
  • Handle: RePEc:nzb:nzbans:2014/05
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    File URL: http://www.rbnz.govt.nz/-/media/ReserveBank/Files/Publications/Analytical%20notes/2014/an2014-05.pdf
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    as
    1. Eyquem, Aurélien & Kamber, Güneş, 2014. "A Note On The Business Cycle Implications Of Trade In Intermediate Goods," Macroeconomic Dynamics, Cambridge University Press, vol. 18(5), pages 1172-1186, July.
    2. Miles Parker, 2014. "Exchange rate movements and consumer prices: some perspectives," Reserve Bank of New Zealand Bulletin, Reserve Bank of New Zealand, vol. 77, pages 31-41, March.
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    Cited by:

    1. Hillary Stein, 2022. "Got Milk? The Effect of Export Price Shocks on Exchange Rates," Working Papers 23-1, Federal Reserve Bank of Boston.

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