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Cook Shire

Shift-share analysis

In Cook Shire, the strongest regional competitive effect between 2011/12 and 2016/17 was experienced in Mining.

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.

National Economics (NIEIR) - Modelled series

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Shift-share analysis to Queensland
Cook Shire - Employment (Total)2016/172011/122011/12 to 2016/17
Industry
(Click rows to view sub-categories)
NumberNumberChangeBenchmark growth effectIndustry mix effectRegional competitive effect
Agriculture, Forestry and Fishing271474-203+16.8-55.5-164.3
Mining1,045585+460+20.7-11.0+449.9
Manufacturing104166-62+5.9-26.0-41.4
Electricity, Gas, Water and Waste Services3929+10+1.0-4.5+13.7
Construction234190+44+6.8-1.1+37.8
Wholesale Trade2523+1+0.8-5.3+5.5
Retail Trade120126-5+4.5-4.5-5.3
Accommodation and Food Services313243+70+8.6+13.0+48.5
Transport, Postal and Warehousing6390-27+3.2-3.7-26.9
Information Media and Telecommunications6822+46+0.8-0.9+46.4
Financial and Insurance Services65--+0.2-0.1+0.2
Rental, Hiring and Real Estate Services1718-1+0.7-0.2-2.0
Professional, Scientific and Technical Services5057-7+2.0-1.3-7.2
Administrative and Support Services4488-44+3.1+4.3-51.5
Public Administration and Safety253319-65+11.3-6.0-70.7
Education and Training197121+76+4.3+18.4+53.0
Health Care and Social Assistance193184+8+6.6+27.5-25.8
Arts and Recreation Services10952+58+1.8+6.1+49.8
Other Services9042+48+1.5+1.0+45.7

Source: National Institute of Economic and Industry Research (NIEIR) ©2016. Compiled and presented in economy.id by .id , the population experts.

Data are based on a 2015-16 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

Regional competitive effect by industry sector 2011/12 to 2016/17
Regional competitive effect by industry sector 2011/12 to 2016/17 Net change in Agriculture, Forestry and Fishing, Cook Shire relative to Queensland: -164.3 Net change in Mining, Cook Shire relative to Queensland: 449.9 Net change in Manufacturing, Cook Shire relative to Queensland: -41.4 Net change in Electricity, Gas, Water and Waste Services, Cook Shire relative to Queensland: 13.7 Net change in Construction, Cook Shire relative to Queensland: 37.8 Net change in Wholesale Trade, Cook Shire relative to Queensland: 5.5 Net change in Retail Trade, Cook Shire relative to Queensland: -5.3 Net change in Accommodation and Food Services, Cook Shire relative to Queensland: 48.5 Net change in Transport, Postal and Warehousing, Cook Shire relative to Queensland: -26.9 Net change in Information Media and Telecommunications, Cook Shire relative to Queensland: 46.4 Net change in Financial and Insurance Services, Cook Shire relative to Queensland: 0.2 Net change in Rental, Hiring and Real Estate Services, Cook Shire relative to Queensland: -2.0 Net change in Professional, Scientific and Technical Services, Cook Shire relative to Queensland: -7.2 Net change in Administrative and Support Services, Cook Shire relative to Queensland: -51.5 Net change in Public Administration and Safety, Cook Shire relative to Queensland: -70.7 Net change in Education and Training, Cook Shire relative to Queensland: 53.0 Net change in Health Care and Social Assistance, Cook Shire relative to Queensland: -25.8 Net change in Arts and Recreation Services, Cook Shire relative to Queensland: 49.8 Net change in Other Services, Cook Shire relative to Queensland: 45.7
Source: National Institute of Economic and Industry Research (NIEIR) ©2016
Compiled and presented in economy.id by .id the population experts

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 2011/12 and 2016/17 in Cook Shire in 2016/17 shows the three industries with the highest regional competitive effect in Cook Shire relative to Queensland were:

  • Mining (+449.9)
  • Education and Training (+53.0)
  • Arts and Recreation Services (+49.8)

The three industries with the lowest regional competitive effect were:

  • Agriculture, Forestry and Fishing (-164.3)
  • Public Administration and Safety (-70.7)
  • Administrative and Support Services (-51.5)

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