This model was developed to provide regional agencies with a tool that would explore the likely impact on their regions of initiatives aimed at development and growth.

It is a general equilibrium model incorporating an input-output table with the 12 main industries that make up the region. It also has a reserve industry to evaluate the impact on the region of totally new industries. Demographic change is broken down by 5 population centres and includes inward and output migration as well as births and deaths. It uses realistic regional data derived from national censuses. A wide range of scenarios can be simulated by the model using various inputs and outputs.

The model described here is for the Kapiti Coast-Horowhenua region which is about an hour's drive north of Wellington, the capital city of New Zealand. It was funded by Industry New Zealand and developed by Future Impact Ltd in association with Infometrics, an economic consulting company (www.infometrics.co.nz).

click here to download a conference paper on this model (987 KB)

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