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New Zealand’s Production Structure: An International Comparison

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Author Info
Iris Claus
Kathy Li () (The Treasury)
Abstract

The purpose of this paper is to compare New Zealand’s production structure in the mid-1990s to that in other OECD countries using input output analysis. Comparable inter industry transactions tables to the New Zealand data are available for Australia, Belgium, Denmark, Finland, Germany, Norway and the United Kingdom. The composition of total supply and value added is examined across countries. 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 direct and indirect transactions. New Zealand’s industrial structure is broadly similar to that in other OECD countries. Some differences arise as certain industries are more important in some countries. New Zealand’s exports appear to be more diversified and have a large value added content. Moreover, the return to capital, as measured by the share of gross operating surplus in value added, is high.

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File URL: http://www.treasury.govt.nz/publications/research-policy/wp/2003/03-16/twp03-16.pdf
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Publisher Info
Paper provided by New Zealand Treasury in its series Treasury Working Paper Series with number 03/16.

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Length: 67
Date of creation: Sep 2003
Date of revision:
Handle: RePEc:nzt:nztwps:03/16

Contact details of provider:
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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Related research
Keywords: Input output models industry importance production structure inter industry dependencies country comparisons

Other versions of this item:

Find related papers by JEL classification:
C67 - Mathematical and Quantitative Methods - - Mathematical Methods and Programming - - - Input-Output Models
L16 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Industrial Organization and Macroeconomics; Macroeconomic Industrial Structure
O57 - Economic Development, Technological Change, and Growth - - Economywide Country Studies - - - Comparative Studies of Countries

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References listed on IDEAS
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.:
  1. Iris Claus, 2003. "Changes in New Zealand's Production Structure: An Input Output Analysis," Treasury Working Paper Series 03/01, New Zealand Treasury. [Downloadable!]
  2. Soofi, Abdol, 1992. "Industry Linkages, Indices of Variation and Structure of Production: An International Comparison," Economic Systems Research, Taylor and Francis Journals, vol. 4(4), pages 349-75.
  3. Morimoto, Yoshinori, 1970. "On Aggregation Problems in Input-Output Analysis," Review of Economic Studies, Blackwell Publishing, vol. 37(1), pages 119-26, January. [Downloadable!] (restricted)
  4. 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. [Downloadable!] (restricted)
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