Analysis and local council report on economic futures

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Reference no: EM132127932

The Economics of Cities and Regions Assignment - Report - Shift-Share Analysis and LGA Economic Futures

Shift-share analysis and local council report on economic futures.

Background: Shift-share analysis is a common economic tool used by governments and consultants for urban and regional planning and economic development. Shift-share analysis is one way to assess the local economic base of a region or local government area, and account for its competitiveness vis-a-vis the wider state or national economy.

The analysis decomposes residential employment changes within the local economy over a fixed period of time (usually 5-10 years), disaggregating the drivers of employment change for each industry. Shift-share analysis separates the contributions to employment change made by national, industry-specific and local components, in order to ascertain regional dis/advantage. This then allows planners and analysts to identify the strengths and weaknesses of the local economic and employment base, and to provide recommendations to enhance growth and/or shoreup decline.

The brief: You have been asked by a council to prepare a brief report on economic changes in the local government area using a shift-share analysis of local employment change.

Choose one of these five local government areas for your report:

  • Parramatta City Council
  • Liverpool City Council
  • Penrith City Council
  • City of Canada Bay
  • City of Botany Bay

Your brief economic report to the council must comprise the following:

(1) Outline the structural economic changes in the LGA relative to NSW that have occurred over the time period given in the practical workshops. Use ABS data on Employment by Industry (Place of Residence) to conduct a shift-share analysis.

(2) Make a set of recommendations about howthe council could respond to both the economic strengths and weak-nesses identified through the shift-share analysis.

(3) Using your knowledge of the diverse economy, conclude with a critical reflection on your shift-share analysis and what has, potentially, been left of out the picture.

You will still need to provide background and justifications for your recommendations to council based on the content of, and readings for, the theoretical workshops, as well as additional academic and professional literature (i.e. you will need to do some library and literature searches).

You will build your analysis, findings and recommendations on the shift-share analysis you will conduct in assessment workshops #2, 3 and 4. You will be shown how to obtain ABS datasets for the five LGAs above, and in the workshops I will take you step-by-step through the ins, outs, components and aims of shift-share analysis. This includes both doing the calculations and interpreting what the results mean.

You will be asked to begin to prepare your report between assessment workshops #3 and #4, and bring your material to assessment workshop #4, in which there will be ample time for discussion and consultation about your report.

Total 1000 words.

Attachment:- Assignemnt Files.rar

Reference no: EM132127932

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Reviews

len2127932

10/1/2018 5:51:46 AM

The 1,000 word report takes a structured format. Formatting: Use headings/sections as indicated in the above instructions. Use sentence/paragraph structure; dot points may be suitable in Section 5. Use Harvard referencing. The assignment takes the form of a written report for a local government. Workshop Report Format: 12pt font, 1.5 line spacing. Use headings/sections as appropriate for a report (e.g. Introduction, Methods, Results, Discussion/Recommendations). Use sentence/paragraph structure; however, dot points may be appropriate in some places. Use Harvard referencing.

len2127932

10/1/2018 5:51:40 AM

This assessment is both empirical and critical: you learn a method used in economic planning and you apply the insights into concepts and trends that you've learnt in the Theoretical Workshops. Helps you learn how to do shift-share analysis, a technique used by economic planners and analysts to understand local economic strengths and weaknesses. (Addresses unit learning outcome #3.) Helps you apply key concepts in economic geography and trends in Australia's economic geography in order to interpret local economic changes. This means you apply to a ‘real world' example concepts such as post-industrialisation, deindustrialisation, local uneven development and the spatial division of labour.

len2127932

10/1/2018 5:51:35 AM

Your brief economic report to the council must comprise the following: (1) Outline the structural economic changes in the LGA relative to NSW that have occurred over 2001 2011. Use ABS data on Employment by Industry (Place of Residence) to conduct a shift-share analysis. (2) Make a set of recommendations about how the council could respond to both the economic strengths and weaknesses identified through the shift-share analysis. (3) Conclude with a critical reflection on your shift-share analysis, what has been left out of the picture?

len2127932

10/1/2018 5:51:30 AM

Criteria for Assessment - Workshop Report - Shift-Share Analysis and LGA Economic Futures (40%). Engaged with a broad range of appropriate and well-chosen literature. Excellent research and presentation of findings; cogent, well-articulated interpretation of shift-share results; synthesises a clear, critical discussion using the shift-share results. Critical, sophisticated argument that identifies and addresses key themes in the literature; analytical, theoretically based and strongly supported with evidence and examples. Outstanding organisation including clear, logical flow and use of descriptive headings. ‘Polished' expression. Faultless or near-faultless in-text referencing and reference list. Outstanding written expression; clear and concise; accurate grammar and spelling.

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