Statistics New Zealand has completed testing the feasibility of producing regional gross domestic product (GDP) by industry. The objectives of the feasibility project were to determine the feasibility of producing regional GDP series on an ongoing basis, and whether regional GDP could be produced to an acceptable standard using existing data sources, or whether new data collections are required.
The key finding of the regional GDP feasibility study is that data and methods make it feasible to produce estimates of regional GDP. Estimates can be produced using existing data sources and applying internationally recognised methods. Presently the production of ongoing regional GDP estimates is not on the Statistics New Zealand work programme.
The Regional GDP Concepts, Sources and Methods report, released in April 2007, is for users interested in the specific concepts, classifications, and methodologies used in the production of regional GDP.
It outlines general concepts, industry and regional classifications, the overarching methodology used that aligns with the internationally preferred approach to producing regional GDP, specific compilation issues encountered and how these were overcome, and a summary of the methodology by specific industry.
The Research Report on Regional Gross Domestic Product, released in December 2006, contains findings on the feasibility of regional GDP.
The feasibility study involved developing data and methodologies that could be tested via the compilation of an experimental series. This series developed estimates of current price annual regional GDP for 2000-2003 (March years). These estimates are considered to be of acceptable quality at the region level but have not necessarily been subject to detailed analysis at the region by industry level.
Printable versions
The contents of these files are in Adobe Acrobat Reader format. If you do not have the Adobe Acrobat Reader you may download the reader to view or print this file.
