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City of Stonnington

Shift-share analysis

In City of Stonnington, the strongest regional competitive effect between 2001/02 and 2017/18 was experienced in Health Care and Social Assistance.

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

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 Victoria
City of Stonnington - Employment (Total)2017/182001/022001/02 to 2017/18
Industry
(Click rows to view sub-categories)
NumberNumberChangeBenchmark growth effectIndustry mix effectRegional competitive effect
Agriculture, Forestry and Fishing101122-21+52.4-49.5-24.0
Mining2253-31+23.0+24.9-78.7
Manufacturing1,0852,037-952+874.8-1,221.8-605.2
Electricity, Gas, Water and Waste Services114101+13+43.5+37.0-67.7
Construction5,5062,694+2,812+1,156.8+1,297.8+357.7
Wholesale Trade1,1771,539-362+660.9-813.5-209.0
Retail Trade12,34410,687+1,657+4,588.1-1,429.3-1,502.2
Accommodation and Food Services7,4324,494+2,938+1,929.5+1,274.5-266.2
Transport, Postal and Warehousing650699-48+300.2+114.9-463.6
Information Media and Telecommunications2,0821,905+177+817.9-730.6+89.8
Financial and Insurance Services1,7331,582+151+679.3-67.9-460.5
Rental, Hiring and Real Estate Services2,5661,204+1,362+516.9+274.9+570.5
Professional, Scientific and Technical Services8,5385,537+3,001+2,377.3+1,149.1-525.7
Administrative and Support Services2,6671,906+761+818.6-50.6-7.1
Public Administration and Safety1,472877+595+376.6+263.7-45.2
Education and Training5,4983,895+1,603+1,672.4+1,147.7-1,217.2
Health Care and Social Assistance11,6767,118+4,558+3,055.9+2,786.8-1,285.1
Arts and Recreation Services1,057808+249+347.1+131.4-230.0
Other Services3,2172,382+835+1,022.8-209.9+21.6

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 2001/02 to 2017/18
Regional competitive effect by industry sector 2001/02 to 2017/18 Net change in Agriculture, Forestry and Fishing, City of Stonnington relative to Victoria: -24.0 Net change in Mining, City of Stonnington relative to Victoria: -78.7 Net change in Manufacturing, City of Stonnington relative to Victoria: -605.2 Net change in Electricity, Gas, Water and Waste Services, City of Stonnington relative to Victoria: -67.7 Net change in Construction, City of Stonnington relative to Victoria: 357.7 Net change in Wholesale Trade, City of Stonnington relative to Victoria: -209.0 Net change in Retail Trade, City of Stonnington relative to Victoria: -1,502.2 Net change in Accommodation and Food Services, City of Stonnington relative to Victoria: -266.2 Net change in Transport, Postal and Warehousing, City of Stonnington relative to Victoria: -463.6 Net change in Information Media and Telecommunications, City of Stonnington relative to Victoria: 89.8 Net change in Financial and Insurance Services, City of Stonnington relative to Victoria: -460.5 Net change in Rental, Hiring and Real Estate Services, City of Stonnington relative to Victoria: 570.5 Net change in Professional, Scientific and Technical Services, City of Stonnington relative to Victoria: -525.7 Net change in Administrative and Support Services, City of Stonnington relative to Victoria: -7.1 Net change in Public Administration and Safety, City of Stonnington relative to Victoria: -45.2 Net change in Education and Training, City of Stonnington relative to Victoria: -1,217.2 Net change in Health Care and Social Assistance, City of Stonnington relative to Victoria: -1,285.1 Net change in Arts and Recreation Services, City of Stonnington relative to Victoria: -230.0 Net change in Other Services, City of Stonnington relative to Victoria: 21.6
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 2001/02 and 2017/18 in City of Stonnington in 2017/18 shows the three industries with the highest regional competitive effect in City of Stonnington relative to Victoria were:

  • Rental, Hiring and Real Estate Services (+570.5)
  • Construction (+357.7)
  • Information Media and Telecommunications (+89.8)

The three industries with the lowest regional competitive effect were:

  • Retail Trade (-1,502.2)
  • Health Care and Social Assistance (-1,285.1)
  • Education and Training (-1,217.2)

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