Home > Publications > Research > Scenarios using a computable general equilibrium model of the New Zealand economy > Appendix I Comparison of results
Appendix I Comparison of results
Table I1 Comparison of scenario results
| |
Baseline |
% change on baseline |
| 2006 |
% pa |
2021 |
Scenario A |
Scenario B |
Scenario C |
Scenario D |
Scenario E |
Scenario F |
| Real GDP components (2006 $m) |
|
|
|
|
|
|
| Household consumption |
93,590 |
2.7 |
139,332 |
6.0 |
-8.7 |
6.1 |
6.9 |
5.7 |
4.3 |
| Investment |
37,319 |
3.1 |
59,092 |
7.6 |
-11.3 |
7.7 |
8.7 |
7.5 |
7.1 |
| Government consumption |
28,661 |
2.7 |
42,669 |
7.6 |
-11.3 |
7.7 |
8.7 |
7.5 |
7.1 |
| Export volumes |
43,290 |
4.1 |
79,580 |
8.5 |
-12.9 |
8.3 |
9.5 |
9.1 |
9.3 |
| Imports |
47,469 |
3.0 |
74,240 |
5.4 |
-8.2 |
5.4 |
6.2 |
6.0 |
4.4 |
| Real GDP |
156,088 |
3.1 |
247,556 |
7.6 |
-11.3 |
7.7 |
8.7 |
7.5 |
7.1 |
| Production factors |
|
|
|
|
|
|
| Capital stock (2006 $m) |
469,826 |
2.7 |
699,767 |
7.4 |
-10.9 |
7.4 |
7.4 |
7.4 |
7.4 |
| Employment (000 FTEs) |
1,758 |
1.5 |
2,183 |
7.4 |
-10.9 |
7.4 |
7.4 |
7.4 |
7.4 |
| Prices (2006=100) |
|
|
|
|
|
|
| GDP deflator |
100.0 |
2.2 |
137.9 |
-2.2 |
3.7 |
-2.3 |
-2.6 |
-2.1 |
-4.1 |
| Gross output prices |
100.0 |
2.1 |
136.3 |
-2.0 |
3.5 |
-2.1 |
-2.4 |
-1.9 |
-3.1 |
| Consumer prices |
100.0 |
2.7 |
149.4 |
-1.2 |
1.6 |
-1.3 |
-1.6 |
-0.7 |
-1.5 |
| Real wage rates |
100.0 |
0.5 |
107.5 |
-0.2 |
0.5 |
0.1 |
0.9 |
-0.5 |
-1.5 |
| Balances |
|
|
|
|
|
|
| Balance of trade ($m) |
-4,179 |
2,551 |
-1,628 |
806 |
-1,451 |
734 |
796 |
946 |
2,895 |
| as % of nominal GDP |
-2.7 |
na |
-0.5 |
-0.2 |
-1.0 |
-0.2 |
-0.2 |
-0.2 |
0.4 |
| Population (000s) |
4,027.9 |
0.8 |
4,535 |
6.1 |
-9.6 |
6.1 |
6.1 |
6.1 |
6.1 |
| GDP per capita ($000s) |
38.751 |
2.3 |
54.586 |
1.5 |
-1.8 |
1.5 |
2.5 |
1.3 |
0.9 |
