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George Town Council area

Shift-share analysis

In George Town Council area, the strongest regional competitive effect between 2012/13 and 2017/18 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 Regional TAS
George Town Council area - Employment (Total)2017/182012/132012/13 to 2017/18
Industry
(Click rows to view sub-categories)
NumberNumberChangeBenchmark growth effectIndustry mix effectRegional competitive effect
Agriculture, Forestry and Fishing170132+38+5.2+14.4+18.6
Mining167113+54+4.5-30.1+79.3
Manufacturing1,0151,319-304+51.6-247.9-107.8
Electricity, Gas, Water and Waste Services4373-30+2.9-9.6-23.6
Construction222189+32+7.4+21.7+3.4
Wholesale Trade4548-4+1.9-13.2+7.8
Retail Trade179203-23+8.0+6.0-37.4
Accommodation and Food Services96119-23+4.7+2.5-30.6
Transport, Postal and Warehousing184242-58+9.5-30.1-37.1
Information Media and Telecommunications378+29+0.3-0.7+29.6
Financial and Insurance Services1914+5+0.6-2.6+6.9
Rental, Hiring and Real Estate Services3130+1+1.2-0.7+0.4
Professional, Scientific and Technical Services3723+13+0.9+0.9+11.4
Administrative and Support Services7269+3+2.7+2.2-1.8
Public Administration and Safety84105-21+4.1-15.9-9.3
Education and Training192178+14+7.0+7.1+0.3
Health Care and Social Assistance168168--+6.6+35.2-41.9
Arts and Recreation Services618-12+0.7+4.8-17.6
Other Services5046+4+1.8+2.5-0.6

Source: National Institute of Economic and Industry Research (NIEIR) ©2018. Compiled and presented in economy.id by .id , the population experts.

Data are based on a 2016-17 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 2012/13 to 2017/18
Regional competitive effect by industry sector 2012/13 to 2017/18 Net change in Agriculture, Forestry and Fishing, George Town Council area relative to Regional TAS: 18.6 Net change in Mining, George Town Council area relative to Regional TAS: 79.3 Net change in Manufacturing, George Town Council area relative to Regional TAS: -107.8 Net change in Electricity, Gas, Water and Waste Services, George Town Council area relative to Regional TAS: -23.6 Net change in Construction, George Town Council area relative to Regional TAS: 3.4 Net change in Wholesale Trade, George Town Council area relative to Regional TAS: 7.8 Net change in Retail Trade, George Town Council area relative to Regional TAS: -37.4 Net change in Accommodation and Food Services, George Town Council area relative to Regional TAS: -30.6 Net change in Transport, Postal and Warehousing, George Town Council area relative to Regional TAS: -37.1 Net change in Information Media and Telecommunications, George Town Council area relative to Regional TAS: 29.6 Net change in Financial and Insurance Services, George Town Council area relative to Regional TAS: 6.9 Net change in Rental, Hiring and Real Estate Services, George Town Council area relative to Regional TAS: 0.4 Net change in Professional, Scientific and Technical Services, George Town Council area relative to Regional TAS: 11.4 Net change in Administrative and Support Services, George Town Council area relative to Regional TAS: -1.8 Net change in Public Administration and Safety, George Town Council area relative to Regional TAS: -9.3 Net change in Education and Training, George Town Council area relative to Regional TAS: 0.3 Net change in Health Care and Social Assistance, George Town Council area relative to Regional TAS: -41.9 Net change in Arts and Recreation Services, George Town Council area relative to Regional TAS: -17.6 Net change in Other Services, George Town Council area relative to Regional TAS: -0.6
Source: National Institute of Economic and Industry Research (NIEIR) ©2018
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 2012/13 and 2017/18 in George Town Council area in 2017/18 shows the three industries with the highest regional competitive effect in George Town Council area relative to Regional TAS were:

  • Mining (+79.3)
  • Information Media and Telecommunications (+29.6)
  • Agriculture, Forestry and Fishing (+18.6)

The three industries with the lowest regional competitive effect were:

  • Manufacturing (-107.8)
  • Health Care and Social Assistance (-41.9)
  • Retail Trade (-37.4)

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