Home»Industry structure»Industry employment and performance»Value added
Industry Structure is presented in four sections to answer the following questions:
The Industry employment and performance section presents a picture of the economic role and function of an area. Employment, Value added and Output are three strongly related ways of measuring the contribution that each industry sector makes to the economy. When presented by industry sector they form a profile of the economic base of the LGA, revealing which industries are dominant and which are emerging. This provides the basis for drilling down to analyse key industries of interest in more detail by exploring the Industry Sector Profiles, Registered Businesses, and Employment Locations.
Value added is a key economic indicator because it shows how productive each industry is in the local area and how each industry increases the value of its inputs. Value added is calculated by subtracting local expenditure and regional imports expenditure from the output generated by that industry sector.
It is a more refined measure of the productivity of an industry sector than output, as some industries have high levels of output but require large amounts of input expenditure to achieve that.
Value added is the major element in the calculation of Gross Local Product and is sourced from REMPLAN's economic modelling.
Includes the sum of all industry categories.
Industries are classified according to an industry coding system. The 1993 Australian and New Zealand Standard Industrial Classification (ANZSIC) is not the lastest standard but provides a comparable classification for time-series data. This standard was used to code industry data for the 1996, 2001 and 2006 censuses, (2006 industry data was coded to both the 1993 and the 2006 standards).
For more information please refer to the 2006 Census Dictionary, and ANZSIC classification.
NOTE: Direct comparison of 2001 and 2009 'Value added' data is to be avoided as the dollar figures have not been adjusted for inflation.
Source: REMPLAN economic modelling and analysis system, Compelling Economics ©2009
Please refer to the specific data notes for more information.
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