Originally published:1968 as Agricultural Economics Research Unit publication (Lincoln College (University of Canterbury). Agricultural Economics Research Unit) ; no. 41; Studies in the Structural Development of the New Zealand Economy no. 1 by Lincoln College. Agricultural Economics Research Unit.
To analyse the future place of agriculture in the
economy (especially in New Zealand conditions), it is
necessary to take account of the close inter-relationships
with other sectors and of the future development of those
sectors. We have therefore chosen to approach the problem
by developing interindustry models embracing the whole
economy and to use these to formulate projections of the
economy in 1975 under alternative assumptions about
agricultural growth.
The research work in this field has been proceeding
for some time now and a large mass of results has accumulated
and is being prepared for publication during 1968 in a series
under the general heading of "Studies in the Structural
Development of the New Zealand Economy". The present paper
is an introduction to this series and sets out, in broad
terms, the methodology adopted; the detailed steps involved
in building up a quantitative analysis of the intersectoral
relationships involving the primary sector; and a coherent
projection of the economy in 1975 which can be used to assist
in decisions relating to economic policy and economic planning
with respect to the structure of the economy.[Show full abstract]
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