The impact of immigration on the labour market outcomes of New Zealanders

Table 6: CES employment and wage elasticities for skill-groups

	24 Age*Qualification Skill-Groups				5 Predicted Occupation Skill-Groups
	OLS		IV		OLS		IV
Employment Rate Elasticity (se)
140 LMA	-0.034	**	-0.202	**	-0.152	**	-0.209
	(0.01)		(0.02)		(0.02)		(0.24)
75 TA	-0.030	**	-0.227	**	-0.160	**	-0.230	**
	(0.01)		(0.02)		(0.03)		(0.10)
58 LMA	-0.029	**	-0.214	**	-0.157	**	-0.523	*
	(0.01)		(0.02)		(0.03)		(0.30)
16 RC	-0.040	*	-0.246	**	-0.114	**	-0.094
	(0.02)		(0.03)		(0.03)		(0.26)
Wage Elasticity (se)
140 LMA	0.005		-0.056	**	-0.007		-1.670	*
	(0.01)		(0.02)		(0.07)		(0.91)
75 TA	0.006		-0.040	**	0.150		-0.818	*
	(0.01)		(0.02)		(0.10)		(0.30)
58 LMA	-0.005		-0.053	**	-0.016		-1.798
	(0.01)		(0.02)		(0.09)		(1.12)
16 RC	-0.003		-0.060	**	0.094		-5.269
	(0.02)		(0.02)		(0.17)		(5.55)
Elasticity of Substitution
140 LMA	-177.2		14.1		115.7		0.5
75 TA	-159.5		19.2		-5.6		0.9
58 LMA	200.8		14.9		52.9		0.3
16 RC	311.4		12.5		-9.4		0.2
Labour Supply Elasticity
140 LMA	-6.19		3.58		20.66		0.13
75 TA	-4.88		5.63		-1.06		0.28
58 LMA	5.90		4.06		9.86		0.29
16 RC	12.96		4.07		-1.22		0.02
Number of Observations (Potential Obs/ Percent of Employment covered)
140 LMA	10,029 (10,080 / 100%)				2,100 (2,100 / 100%)
75 TA	5,256 (5,400 / 100%)				1,095 (1,125 / 100%)
58 LMA	4,176 (4,176 / 100%)				870 (870 / 100%)
16 RC	1,152 (1,152 / 100%)				240 (240 / 100%)

Note: Each cell of the table is from a separate regression with the form of equation (7). All regressions are variance weighted by the skill-group population in each LMA in a particular year. See the note to Table 1 for more information and the text for a description of how predicted occupations are created.

** 5% Significance, * 10% Significance

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