patrick library web 1

Dr Patrick Carvalho

Former Research Fellow

Dr Patrick Carvalho is a Research Fellow at The New Zealand Initiative, with extensive international experience in public policy across academia, public organisations and private sector.

Prior to immigrating to New Zealand, Dr Carvalho worked as the Head of the Economic Studies Division at the Federation of Industries of Rio de Janeiro, producing research on fiscal and monetary matters, and as a Research Fellow at The Centre for Independent Studies in Sydney, where he focused on industrial relations and competition policy. More recently, Dr Carvalho was a Director at a Washington, D.C.-based consultancy advising the U.S. Federal Administration on the challenges of demographic shifts to economic prosperity.

Dr Carvalho has Bachelor of Law degree from Rio de Janeiro’s State University, a Master’s in political science from the University of Wollongong, and a PhD in economics from the Australian National University, where he also worked as a lecturer in macroeconomic policy.

Latest reports:
Pricing Out Congestion: Experiences from abroad (28 January 2020)
The Price is Right: The road to a better transport system (5 November 2019)
Policy Point: The Pitfalls of CGT (February 2019)
Submission: Local Government Funding and Financing (February 2019) 

Phone: 04 494 9101

Email: info@nzinitiative.org.nz

Recent Work

Houses3

Let there be flood

Complaining about a housing crisis in New Zealand has become a national sport, spawning all sorts of wrong policy remedies. New Zealand’s housing issue is a supply problem: The country’s rules and institutions are not conducive to a thriving building industry. Read more

Dr Patrick Carvalho
The National Business Review
7 April, 2019
ParliamentBeehive

The pains of taxing capital gains

The Tax Working Group’s proposed capital gains tax would constitute one of the most penal regimes in the world if implemented. A comprehensive CGT regime would also tarnish the simplicity and competitiveness of New Zealand’s internationally praised tax system. Read more

Dr Patrick Carvalho
The National Business Review
1 March, 2019
Work

A missed opportunity on productivity

The jury is out for the released Tax Working Group’s “Future of Tax” Report, with the government promising to deliver its verdict in April. Unfortunately, a careful reading of the 200-page document already shows a missed opportunity to address New Zealand’s biggest elephant in the room: slow productivity growth. Read more

Dr Patrick Carvalho
Insights Newsletter
1 March, 2019
Agreement2

"Proposed CGT rate would push NZ to the top of the international CGT rankings"

Patrick Carvalho joins Peter Williams on Magic Talk with his take on the Tax Working Group report and the impact of a proposed capital gains tax. He explains why the broad-based top rate of 33% CGT would push New Zealand to the top of the international CGT rankings among industrialised economies, just behind Denmark and Finland. Read more

Dr Patrick Carvalho
Magic Mornings with Peter Williams
22 February, 2019
Housing money3

Much pain and little gain of a broad CGT

The Tax Working Group released this week its much-anticipated “Future of Tax” report, which recommends introducing a broad-based taxation of capital gains at full income rates. As proposed, the 33% headline rate would be one of the highest among industrialised economies. Read more

Dr Patrick Carvalho
Insights Newsletter
22 February, 2019
NZcoins

Patrick Carvalho discusses CGT

The Tax Working Group’s report proposes a broad-based top rate of 33% capital gains tax (CGT). Patrick Carvalho explains to Larry Williams on Newstalk ZB why fully taxing capital gains would likely have undesirable effects on productivity, investment and growth, and impose significant compliance costs. Read more

Dr Patrick Carvalho
Larry Williams Drive - Newstalk ZB
21 February, 2019
Shake hands

Kia Ora New Zealand

Being the most recent addition to the New Zealand Initiative research team, I would like to briefly introduce myself. My name is Patrick – also known more commonly in some social interactions as the “Father of Liz” or the “Husband of Julia”. Read more

Dr Patrick Carvalho
Insights Newsletter
25 January, 2019

Stay in the loop: Subscribe to updates