Thames-Coromandel District economic profile

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Thames-Coromandel District's comparative advantage

A high concentration of certain industries in an area can be indicative of the area having a comparative advantage in these industries. This comparative advantage may be a result of the area’s natural endowments, location, skill profile, or other reasons.

This section uses location quotients to identify what industries an area may have a comparative advantage in. An area has a location quotient larger than one when the share of that industry in the area’s economy is greater than the share of the same industry in the national economy.