Changes in New Zealand's Production Structure: An Input Output Analysis
AbstractThis paper investigates changes in the production structure of the New Zealand economy using input output data. The analysis is undertaken at the 25-industry level using inter industry transactions for 1971-72, 1977-78, 1981-82, 1986-87, 1990-91 and 1994-95. Changes in the composition of gross output and value added are examined. Backward and forward linkages, indices of industry interconnectedness, a value added production multiplier, a cumulated primary input coefficient for compensation of employees and a measure of import content of final demand output are calculated, taking into account both direct and indirect transactions. The results suggest that some industries have been subject to large structural change and that a shift in New Zealand's pattern of industrial activity has occurred. These changes will have affected the transmission and propagation of shocks in the economy.
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Bibliographic InfoPaper provided by New Zealand Treasury in its series Treasury Working Paper Series with number 03/01.
Length: 50 pages
Date of creation: Mar 2003
Date of revision:
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Postal: New Zealand Treasury, PO Box 3724, Wellington, New Zealand
Phone: +64-4-472 2733
Fax: +64-4-473 0982
Web page: http://www.treasury.govt.nz
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Input output models; industry importance; production structure; inter industry dependencies;
Find related papers by JEL classification:
- C67 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Input-Output Models
- L16 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Industrial Organization and Macroeconomics; Macroeconomic Industrial Structure
This paper has been announced in the following NEP Reports:
- NEP-ALL-2003-04-02 (All new papers)
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Robert Dixon, 1996. "Inter-Industry Transactions and Input-Output Analysis," Australian Economic Review, The University of Melbourne, Melbourne Institute of Applied Economic and Social Research, vol. 29(3), pages 327-336.
- Iris Claus, 2002. "Inter industry linkages in New Zealand," Treasury Working Paper Series 02/09, New Zealand Treasury.
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"Calm after the Storm?: Supply-side contributions to New Zealand’s GDP volatility decline,"
Treasury Working Paper Series
01/33, New Zealand Treasury.
- Robert Buckle & David Haugh & Peter Thomson, 2003. "Calm after the storm? Supply-side contributions to New Zealand's GDP volatility decline," New Zealand Economic Papers, Taylor & Francis Journals, vol. 37(2), pages 217-243.
- Erwin Diewert & Denis Lawrence, 1999. "Measuring New Zealand’s Productivity," Treasury Working Paper Series 99/05, New Zealand Treasury.
- World Bank, 2010. "Reform and Regional Integration of Professional Services in East Africa : Time for Action," World Bank Other Operational Studies 2957, The World Bank.
- Iris Claus & Kathy Li, 2003. "New Zealand’s Production Structure: An International Comparison," Treasury Working Paper Series 03/16, New Zealand Treasury.
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