NS-RIOM

The NineSquared Regional IO Model (NS-RIOM) is NineSquared’s in-house regional input-output model. It is based on the latest input-output tables published by the Australian Bureau of Statistics as part of the Australian National Accounts.

The NS-RIOM provides a robust framework for estimating economic contribution and impact at national, state, regional and local scales. This allows NineSquared to apply a consistent and transparent methodology across a broad range of applications, from businesses and industries to major projects and investments.

Key Features

• Based on the latest ABS national input-output tables, covering 115 industries.
• Analysis at the national, state, regional, local government area or custom geography level.
• Construction and operational impacts modelled separately or together, across multiple years.
• Consistent treatment of expenditure inputs, including purchaser-price to basic-price conversion where required.
• Detailed industry-level results showing where economic activity occurs across the economy.
• Automated charts, tables and reporting outputs.

Outputs

For each of gross output, value added, household income and employment, results are reported as direct, flow-on and total impacts.

• Direct effects represent activity generated by the businesses, organisations and workers directly engaged in the activity being assessed.
• Flow-on effects represent activity generated elsewhere in the economy through supply chain purchases and household spending.
• Total effects represent the combined direct and flow-on impact.

Where greater detail is required, flow-on effects can be further decomposed into first-round, industrial-support and consumption-induced components.
Results and reporting tailored to the needs of the project, from detailed impact tables and industry-level analysis to publication-ready charts, figures and reporting material.

Typical applications

• Quantifying the contribution of an industry, organisation or event to a region.
• Estimating the economic impact of a proposed project, program or investment.
• Building the evidence base for a funding submission or a more detailed study.
• Understanding how an industry, organisation or project supports economic activity across the broader economy.