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Wakefield Regional Council area

Shift-share analysis

In Wakefield Regional Council area, the strongest regional competitive effect between 2012/13 and 2017/18 was experienced in Manufacturing.

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 SA
Wakefield Regional 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 Fishing840722+118+29.0+37.8+51.3
Mining00--------
Manufacturing582331+251+13.3-30.0+267.5
Electricity, Gas, Water and Waste Services1129-18+1.2-5.1-14.0
Construction111109+2+4.4+14.6-17.3
Wholesale Trade139126+12+5.1-24.6+32.0
Retail Trade194187+7+7.5+0.4-0.9
Accommodation and Food Services119111+8+4.5-5.2+8.9
Transport, Postal and Warehousing129151-22+6.1-20.9-6.9
Information Media and Telecommunications3021+8+0.9-4.2+11.8
Financial and Insurance Services1625-9+1.0-3.5-6.6
Rental, Hiring and Real Estate Services1916+2+0.7-1.1+2.9
Professional, Scientific and Technical Services2828-1+1.2-0.5-1.2
Administrative and Support Services7446+28+1.9+1.3+24.6
Public Administration and Safety128159-31+6.4+6.7-43.9
Education and Training314251+62+10.1+32.8+19.3
Health Care and Social Assistance287251+36+10.1+27.6-1.9
Arts and Recreation Services3824+14+1.0-0.7+13.7
Other Services6758+9+2.4-2.7+9.5

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, Wakefield Regional Council area relative to Regional SA: 51.3 Net change in Manufacturing, Wakefield Regional Council area relative to Regional SA: 267.5 Net change in Electricity, Gas, Water and Waste Services, Wakefield Regional Council area relative to Regional SA: -14.0 Net change in Construction, Wakefield Regional Council area relative to Regional SA: -17.3 Net change in Wholesale Trade, Wakefield Regional Council area relative to Regional SA: 32.0 Net change in Retail Trade, Wakefield Regional Council area relative to Regional SA: -0.9 Net change in Accommodation and Food Services, Wakefield Regional Council area relative to Regional SA: 8.9 Net change in Transport, Postal and Warehousing, Wakefield Regional Council area relative to Regional SA: -6.9 Net change in Information Media and Telecommunications, Wakefield Regional Council area relative to Regional SA: 11.8 Net change in Financial and Insurance Services, Wakefield Regional Council area relative to Regional SA: -6.6 Net change in Rental, Hiring and Real Estate Services, Wakefield Regional Council area relative to Regional SA: 2.9 Net change in Professional, Scientific and Technical Services, Wakefield Regional Council area relative to Regional SA: -1.2 Net change in Administrative and Support Services, Wakefield Regional Council area relative to Regional SA: 24.6 Net change in Public Administration and Safety, Wakefield Regional Council area relative to Regional SA: -43.9 Net change in Education and Training, Wakefield Regional Council area relative to Regional SA: 19.3 Net change in Health Care and Social Assistance, Wakefield Regional Council area relative to Regional SA: -1.9 Net change in Arts and Recreation Services, Wakefield Regional Council area relative to Regional SA: 13.7 Net change in Other Services, Wakefield Regional Council area relative to Regional SA: 9.5
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 Wakefield Regional Council area in 2017/18 shows the three industries with the highest regional competitive effect in Wakefield Regional Council area relative to Regional SA were:

  • Manufacturing (+267.5)
  • Agriculture, Forestry and Fishing (+51.3)
  • Wholesale Trade (+32.0)

The three industries with the lowest regional competitive effect were:

  • Mining ()
  • Public Administration and Safety (-43.9)
  • Construction (-17.3)

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