MULTIPLIERS FOR CULTURAL INDUSTRIES
Each year the ABS produces input-output multipliers for the 106 industry sectors which make up the Australian economy. These multipliers take into account the economic relationships that exist between industries, and allow predictions to be made about the impact on the economy of a change in demand for an output of any one industry. The NCCRS has recently produced a report for the Cultural Ministers Council Statistics Working Group (CMC SWG) which provides output, value added and employment multipliers specifically for the culture related industries. These multipliers can be used to assess the impact on the economy of, for example, a special event (such as a festival) or a new project (such as the shooting of a feature film). The report also describes what input-output multipliers are and explains how they are constructed.
The report is available electronically on the CMC SWG web site: http://www.dcita.gov.au/swg. Alternatively, copies of the report can be requested from the CMC SWG Secretariat, c/o The Department of Communications, Information Technology and the Arts, GPO Box 2154, CANBERRA ACT 2601 Telephone: 02 6271 1051, fax 02 6271 1697 or email:andrew.hunt@dcita.gov.au.