City of Canterbury Bankstown

Shift-share analysis

In City of Canterbury Bankstown, the strongest regional competitive effect between 2017/18 and 2022/23 was experienced in Wholesale Trade.

Shift Share Analysis provides a useful mechanism for better interpreting changes in economic variables between different time periods. It is a way of breaking the growth or decline in an industry into three components to help understand what is driving the change. These three change components are commonly known as:

National/State growth effect - the amount of growth or decline in an industry that could be attributed to the overall growth of a larger area that encompasses the region's economy, usually state or national.

Industry mix effect - the amount of growth or decline in an industry that could be attributed to the performance of the specific industry at the national/state level.

Regional competitive effect - the amount of growth or decline in a specific industry that could be attributed to a local advantage or disadvantage. This is generally the most interesting component as it clearly quantifies the level of advantage or disadvantage an industry has in the local area.

The regional competitive effect for an industry generally indicates how the local industry performed against benchmark trends. An industry with a positive regional competitive effect suggests local characteristics supported above trend growth in that period. For example, if Retail Trade in a region grew by 3% but at a state/national level it only grew by 2%, some regional specific factors (e.g. new shopping centre, population growth) must have contributed to this above trend growth. A negative effect suggests the opposite.

An industry with a positive regional competitive effect may still have experienced decline, but by less than the state/national trends.

Data source

National Economics (NIEIR) - Modelled series

Current benchmark:
Measure
Comparison year:
reset
Did you know? By clicking/tapping on a data row in the table you will be able to see sub categories.
Shift-share analysis to New South Wales
City of Canterbury Bankstown - Employment (Total)2022/232017/182017/18 to 2022/23
IndustryNumbernumberchangeBenchmark growth effectIndustry mix effectRegional competitive effect
Agriculture, Forestry and Fishing129148-19+14.4-15.8-17.5
Mining222156+66+15.2-17.0+68.1
Manufacturing14,61117,773-3,162+1,723.5-3,292.0-1,593.6
Electricity, Gas, Water and Waste Services1,3021,328-26+128.8+134.4-289.0
Construction11,31411,547-233+1,119.8+179.9-1,532.7
Wholesale Trade6,6405,859+781+568.2-726.9+939.9
Retail Trade11,35011,812-462+1,145.5-331.0-1,276.1
Accommodation and Food Services6,4027,242-840+702.4-218.5-1,323.9
Transport, Postal and Warehousing11,38811,107+281+1,077.1-186.0-610.5
Information Media and Telecommunications1,2141,252-38+121.5-215.6+56.1
Financial and Insurance Services1,9731,561+411+151.5+181.3+78.5
Rental, Hiring and Real Estate Services1,6851,559+126+151.2-59.2+33.8
Professional, Scientific and Technical Services5,0654,723+342+458.0+306.4-422.0
Administrative and Support Services3,2013,336-135+323.5-112.2-346.4
Public Administration and Safety4,8084,434+374+430.0+449.7-506.0
Education and Training10,38310,435-52+1,011.9-245.1-818.6
Health Care and Social Assistance17,62915,525+2,104+1,505.5+2,144.0-1,545.7
Arts and Recreation Services8551,339-484+129.9-148.6-465.6
Other Services4,6035,022-420+487.1-232.0-674.9
Total Industries114,782116,167-1,386+11,265.0---12,650.6

Source: National Institute of Economic and Industry Research (NIEIR) ©2024. ©2023. Compiled and presented in economy.id by .id (informed decisions). Data are based on a 2020/21 price base for all years. NIEIR-ID data are inflation adjusted each year to allow direct comparison, and annual data releases adjust previous years’ figures to a new base year.Learn more

Please refer to specific data notes for more information
Did you know? By clicking/tapping on a category in the chart below you will be able to drilldown to the sub categories.
loading animation

Dominant groups

An industry with a positive regional competitive effect suggests local characteristics supported above trend growth in that period. A negative effect suggests local characteristics inhibited growth in that period.

An analysis of Employment (Total) change between 2017/18 and 2022/23 in City of Canterbury Bankstown shows the three industries with the highest regional competitive effect in City of Canterbury Bankstown relative to New South Wales were:

  • Wholesale Trade (+940 )
  • Financial and Insurance Services (+78 )
  • Mining (+68 )

The three industries with the lowest regional competitive effect were:

  • Construction (-1,533 )
  • Health Care and Social Assistance (-1,546 )
  • Manufacturing (-1,594 )

City of Canterbury Bankstown

economic profile