New Zealand’s Production Structure: An International Comparison
AbstractThe 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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Bibliographic InfoPaper provided by New Zealand Treasury in its series Treasury Working Paper Series with number 03/16.
Date of creation: Sep 2003
Date of revision:
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Input output models; industry importance; production structure; inter industry dependencies; country comparisons;
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
- O57 - Economic Development, Technological Change, and Growth - - Economywide Country Studies - - - Comparative Studies of Countries
This paper has been announced in the following NEP Reports:
- NEP-HIS-2003-09-28 (Business, Economic & Financial History)
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.:
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- Ralph Lattimore & Trinh Le & Iris Claus & Adolf Stroombergen., 2009.
"Economic progress and puzzles : Long-term structural change in the New Zealand economy, 1953-2006,"
Macroeconomics Working Papers
23006, East Asian Bureau of Economic Research.
- Lattimore, Ralph & Le, Trinh & Claus, Iris & Stroombergen, Adolf, 2009. "Economic progress and puzzles : Long-term structural change in the New Zealand economy, 1953-2006," NZIER Working Paper 2009/6, New Zealand Institute of Economic Research.
- Maciej Sobolewski & Grzegorz Poniatowski, 2013. "What Affects the Main Engine of Growth in the European Economy? Industrial Interconnectedness and Differences in Performance of Business Services Across the EU25," CASE Network Studies and Analyses 0455, CASE-Center for Social and Economic Research.
- David Gillmore & Phil Briggs, 2010. "World trade interdependencies: a New Zealand perspective," Reserve Bank of New Zealand Bulletin, Reserve Bank of New Zealand, vol. 73, pages 35-46, June.
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