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Meander Valley Council area

Shift-share analysis

In Meander Valley Council area, the strongest regional competitive effect between 2012/13 and 2017/18 was experienced in Retail 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.

National Economics (NIEIR) - Modelled series

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Shift-share analysis to Regional TAS
Meander Valley 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 Fishing1,080881+199+34.7+94.6+70.0
Mining7036+34+1.4-9.7+42.0
Manufacturing529653-124+25.7-122.9-26.3
Electricity, Gas, Water and Waste Services6067-7+2.7-8.9-1.3
Construction705593+112+23.3+67.8+20.4
Wholesale Trade181201-21+7.9-54.7+26.2
Retail Trade925610+316+24.0+17.5+274.0
Accommodation and Food Services504507-3+20.0+10.6-33.8
Transport, Postal and Warehousing199202-4+8.0-17.8+6.1
Information Media and Telecommunications2418+6+0.7-1.5+6.5
Financial and Insurance Services2836-8+1.4-6.7-3.0
Rental, Hiring and Real Estate Services3050-21+2.0-1.2-21.6
Professional, Scientific and Technical Services161145+16+5.7+5.7+4.4
Administrative and Support Services145151-6+5.9+4.7-16.4
Public Administration and Safety286270+16+10.6-40.7+46.3
Education and Training374386-12+15.2+17.7-45.3
Health Care and Social Assistance871510+360+20.1+97.6+242.8
Arts and Recreation Services430350+80+13.8+91.2-25.1
Other Services169158+11+6.2+8.5-3.3

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, Meander Valley Council area relative to Regional TAS: 70.0 Net change in Mining, Meander Valley Council area relative to Regional TAS: 42.0 Net change in Manufacturing, Meander Valley Council area relative to Regional TAS: -26.3 Net change in Electricity, Gas, Water and Waste Services, Meander Valley Council area relative to Regional TAS: -1.3 Net change in Construction, Meander Valley Council area relative to Regional TAS: 20.4 Net change in Wholesale Trade, Meander Valley Council area relative to Regional TAS: 26.2 Net change in Retail Trade, Meander Valley Council area relative to Regional TAS: 274.0 Net change in Accommodation and Food Services, Meander Valley Council area relative to Regional TAS: -33.8 Net change in Transport, Postal and Warehousing, Meander Valley Council area relative to Regional TAS: 6.1 Net change in Information Media and Telecommunications, Meander Valley Council area relative to Regional TAS: 6.5 Net change in Financial and Insurance Services, Meander Valley Council area relative to Regional TAS: -3.0 Net change in Rental, Hiring and Real Estate Services, Meander Valley Council area relative to Regional TAS: -21.6 Net change in Professional, Scientific and Technical Services, Meander Valley Council area relative to Regional TAS: 4.4 Net change in Administrative and Support Services, Meander Valley Council area relative to Regional TAS: -16.4 Net change in Public Administration and Safety, Meander Valley Council area relative to Regional TAS: 46.3 Net change in Education and Training, Meander Valley Council area relative to Regional TAS: -45.3 Net change in Health Care and Social Assistance, Meander Valley Council area relative to Regional TAS: 242.8 Net change in Arts and Recreation Services, Meander Valley Council area relative to Regional TAS: -25.1 Net change in Other Services, Meander Valley Council area relative to Regional TAS: -3.3
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 Meander Valley Council area in 2017/18 shows the three industries with the highest regional competitive effect in Meander Valley Council area relative to Regional TAS were:

  • Retail Trade (+274.0)
  • Health Care and Social Assistance (+242.8)
  • Agriculture, Forestry and Fishing (+70.0)

The three industries with the lowest regional competitive effect were:

  • Education and Training (-45.3)
  • Accommodation and Food Services (-33.8)
  • Manufacturing (-26.3)

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