A methodology was developed with which to produce regional input-output tables for New Zealand. The methodology provides estimates of uncertainty for the entries of the table, allows the incorporation of third-party data, and makes best use of available data, be that official statistics, third-party data, or subject matter expertise.
The method contains a novel approach to estimating regional trade, allowing for cross-hauling.
In addition to the methodology for estimating regional input-output tables, this work develops indicators of the economic impact of transport and transportation industries using information available in regional input-output tables. The methodology is applied to the World Input-Output Database for the year 2000.
The work took place between July and December 2016.
Keywords: Bayesian modelling, CHARM method, cross-hauling, input-output analysis, New Zealand economy, regional economic development, World Input-Output Database (WIOD), regional trade