Dairy's role in sustaining New Zealand - Fonterra

Appendices
Figures
Tables
H Dairy’s role in generating growth
Appendix A CGE modelling framework 25
A.1 The MONASH-New Zealand CGE model: overview 25
A.2 Dynamics of the MONASH-NZ model 26
A.3 Database structure 26
A.4 Production structure (Horridge, 2008b) 28
A.5 Regional extension 29
Appendix B CGE and multiplier analysis 30
Appendix C Limitations of analysis 32
Appendix D References 33
Appendix E Dairy employment statistics 34
Appendix F Value of regional dairy production 38
Appendix G Changing dairy export markets 39
Figure 1 Impacts of dairy growth on the rest of the economy F
Figure 2 Growth in dairy exports over past decades 4
Figure 3 Importance of dairy to regional employment 5
Figure 4 Model structure of the sector 6
Figure 5 Change in milk solids price: 1998-2009 11
Figure 6 Processed milk solids 11
Figure 7 Gross regional product impacts 17
Figure 8 Dairy gains since 1998/99 21
Figure 9 2009 Gross regional product impacts 23
Figure 10 Components of a CGE model 25
Figure 11 The MONASH-NZ database 27
Figure 12 Production structure 28
Figure 13 Changing markets for New Zealand’s dairy exports 39
Table 1 Value of regional dairy production 2
Table 2 Export values 3
Table 3 Farming industry structure 7
Table 4 Dairy processing industry structure 7
Table 5 Indirect impacts 2010 15
Table 6 National results 16
Table 7 Increase in gross regional product 17
Table 8 Average Cap Farm Cashflow 18
Table 9 Indirect impacts 2008/09 21
Table 10 National results 2009 22
Table 11 Increase in gross regional product 23
Table 12 IO vs. CGE multipliers 31