Conference paper
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This paper extends previous studies (O’Malley, (2011, 2012a, 2012b) of the effects of local transaction services on regional incomes by using linear regression and correlation analysis to investigate relationships between income, the transaction services industries, the remaining transformation industries, and remoteness in the 140 functional economic regions of Australia for 2006. The measure of transaction services excludes the transaction services provided by employees of non-transaction industries. This provides a richer analysis of the distribution of incomes across regions. Transaction services, as defined and measured by Wallis and North (1986), take many forms, arise in all industries, are unevenly distributed across regions, and facilitate the transactions which convert local products into income. Thus the scale of local transaction services can affect local income.

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