Jason Attewell
Manager, Balance of Payments, Statistics NZ

and

Simon Crossan
Statistical analyst, National Accounts, Statistics NZ

P O Box 2922
Wellington, New Zealand

info@stats.govt.nz

Abstract

This paper presents a definition of the tradable and non-tradable industries within the production measure of GDP.

Previous work is built on, using recently published input-output tables to determine which industries are tradable or non-tradable in terms of export orientation and import substitution. We produced chain-volume time series using these definitions.

New Zealand is a small, open economy and as such there is interest in the relative performance of the tradable and the non-tradable sectors. The paper concludes that the stronger growth in the non-tradable sector has been driven by the increasing importance of the service industries to New Zealand.

 The tradable sector and its relevance to New Zealand's GDP (PDF, 34 pages, 1.48 mb)