Social Inclusion and Exclusion Among Australia's Children: A Spatial Perspective. Numerous studies have shown that socio-economic disadvantage experienced by children has major adverse effects on health and well-being that persist for the rest of their lives. This project will deliver major national benefits by providing quantitative evidence and analysis of the current spatial distribution of various forms of disadvantage and social exclusion among Australia's children and of any changes to the ....Social Inclusion and Exclusion Among Australia's Children: A Spatial Perspective. Numerous studies have shown that socio-economic disadvantage experienced by children has major adverse effects on health and well-being that persist for the rest of their lives. This project will deliver major national benefits by providing quantitative evidence and analysis of the current spatial distribution of various forms of disadvantage and social exclusion among Australia's children and of any changes to these spatial patterns during the past 15 years. This enhanced evidence base will assist all levels of government in decisions about needs-based planning of government services and in the development of possible policy responses. Read moreRead less
Towards an enhanced understanding of child and youth social exclusion risk at a small area level in Australia. This project will produce major national benefits, improving our understanding of child and youth social exclusion risk at a small area level, and putting Australia at the forefront of research into child well-being. Communities will benefit from the availability of high quality, rigorously developed measures of child and youth disadvantage at a local area level. Results from this proje ....Towards an enhanced understanding of child and youth social exclusion risk at a small area level in Australia. This project will produce major national benefits, improving our understanding of child and youth social exclusion risk at a small area level, and putting Australia at the forefront of research into child well-being. Communities will benefit from the availability of high quality, rigorously developed measures of child and youth disadvantage at a local area level. Results from this project will provided policy makers with tools to develop measures for overcoming disadvantage and narrowing gaps in outcomes for Australia's young people. The international team will ensure that methodological developments will be widely available in other countries interested in developing small area measures of child and youth disadvantage.Read moreRead less
Strategic Contracting with Complementary Assets under Assymetric Information. With the recent tendency for companies to patent any feasible innovations they might make, public policy must focus on the disincentive effects this may have for producers who must combine multiple patents. The project seeks to understand the 'holdout problem' that stems from such situations, and evaluate policy solutions for Australia and Internationally. Expected outcomes include publication in leading Australian and ....Strategic Contracting with Complementary Assets under Assymetric Information. With the recent tendency for companies to patent any feasible innovations they might make, public policy must focus on the disincentive effects this may have for producers who must combine multiple patents. The project seeks to understand the 'holdout problem' that stems from such situations, and evaluate policy solutions for Australia and Internationally. Expected outcomes include publication in leading Australian and International journals, and inputs to the policy debate.Read moreRead less
Population Ageing and National Housing Demand in Australia. This project seeks to determine the likely impact of population ageing on the demand for housing in Australia. A seminal study for the U.S. predicted that the relative demand for, and therefore price of, housing will fall substantially in the next two or three decades due to population ageing. If this were to occur in Australia, it could have a significant impact on personal wealth, the national saving rate, employment and economic welf ....Population Ageing and National Housing Demand in Australia. This project seeks to determine the likely impact of population ageing on the demand for housing in Australia. A seminal study for the U.S. predicted that the relative demand for, and therefore price of, housing will fall substantially in the next two or three decades due to population ageing. If this were to occur in Australia, it could have a significant impact on personal wealth, the national saving rate, employment and economic welfare. This question will be addressed by extending two different types of models - an analytical model of optimal national saving and an econometric model of housing demand.Read moreRead less
Conceptualizing and Measuring Regional Endogenous Growth: A Collaborative International Comparative Investigation. Policy for regional economic development in Australia is placing more emphasis on facilitating regional self-help. For the first time this project will provide an actual measure of regional endogenous performance. It identifies those features of regional economies and local populations are most important in explaining differences in the performance of regions, and it shows how inst ....Conceptualizing and Measuring Regional Endogenous Growth: A Collaborative International Comparative Investigation. Policy for regional economic development in Australia is placing more emphasis on facilitating regional self-help. For the first time this project will provide an actual measure of regional endogenous performance. It identifies those features of regional economies and local populations are most important in explaining differences in the performance of regions, and it shows how institutional arrangements and leadership can enhance or detract from regional development performance. This will help public agencies formulate better policies and mechanisms to help regions maximise their capacities to achieve enhanced endogenous growth. International comparative studies provide wider significance for policy formulation in regional development.Read moreRead less
Solving the water crisis in Australian cities and towns with options contracts between urban and rural water users. We will equip water resource managers with a powerful and effective tool for the allocation of water resources between rural and urban sectors. The importance of this bridge cannot be understated. To date urban centres have endured stringent water restrictions to manage dwindling urban suppliers, while ignoring the potential benefits of purchasing water from the irrigated agricul ....Solving the water crisis in Australian cities and towns with options contracts between urban and rural water users. We will equip water resource managers with a powerful and effective tool for the allocation of water resources between rural and urban sectors. The importance of this bridge cannot be understated. To date urban centres have endured stringent water restrictions to manage dwindling urban suppliers, while ignoring the potential benefits of purchasing water from the irrigated agriculture sector. Furthermore, rural communities have suffered hardship due to restricted agricultural production during times of drought. This research proposal represents an exciting solution to both problems and offers the tantalising prospect of water shortages in our capital cities and towns becoming distant memories.Read moreRead less
Developing criteria to help solve Australia's urban infrastructure crisis. The key items of infrastructure in our cities are seen to be in crisis. Yet despite a growing willingness to fund new infrastructure, governments at all levels struggle to devise, rank and deliver infrastructure projects. The project will recover and rebuild a language for understanding the role of infrastructure in Australian cities and then devise criteria for better enactment of the infrastructure procurement and provi ....Developing criteria to help solve Australia's urban infrastructure crisis. The key items of infrastructure in our cities are seen to be in crisis. Yet despite a growing willingness to fund new infrastructure, governments at all levels struggle to devise, rank and deliver infrastructure projects. The project will recover and rebuild a language for understanding the role of infrastructure in Australian cities and then devise criteria for better enactment of the infrastructure procurement and provisioning processes. The project's prime outcomes will intersect with a growing need for better ways to build and operate large economic infrastructure and thus contribute to building cities that perform better economically, are more liveable, and contribute to long term environmental sustainability goals.Read moreRead less
Alternative Models of Governance for Australian Local Government: Classification, Evaluation and Policy. Local government plays a central role in the lives of almost all Australians by providing essential services subject to local democratic oversight. Its smooth running is thus critical to the national interest. However, many local authorities are in dire financial straits, with services curtailed, and vital infrastructure deteriorating. Various alternative models of local governance, often inv ....Alternative Models of Governance for Australian Local Government: Classification, Evaluation and Policy. Local government plays a central role in the lives of almost all Australians by providing essential services subject to local democratic oversight. Its smooth running is thus critical to the national interest. However, many local authorities are in dire financial straits, with services curtailed, and vital infrastructure deteriorating. Various alternative models of local governance, often involving resource sharing and regional alliances, have been adopted as solutions to these problems. Unfortunately, almost no scholarly effort has been invested in this area. This project seeks overcome this neglect by identifying these models, evaluating their potential, and contributing to policy discussion and development.Read moreRead less
Water derivatives: conceptualisation, price modelling and economic impacts. Introducing water options is likely to provide farmers with more choices on trading their water allocation and enhance water price certainty. Recent seasons have accentuated the potential benefit of water options: regions with highly secure water in the past have suffered repeated shortfalls in allocations. Water options would alter the behaviour of water managers who would need to ensure sufficient carryover to future s ....Water derivatives: conceptualisation, price modelling and economic impacts. Introducing water options is likely to provide farmers with more choices on trading their water allocation and enhance water price certainty. Recent seasons have accentuated the potential benefit of water options: regions with highly secure water in the past have suffered repeated shortfalls in allocations. Water options would alter the behaviour of water managers who would need to ensure sufficient carryover to future seasons to allow for drought. Options markets may improve the allocation of water between competing users. Such markets, by reducing uncertainty, may reduce excessive adjustment costs arising from drought by improving water access security.Read moreRead less
State & territory economic performance and national economic policy. The research is intended to provide a better understanding of the relationship between national and state & territory economic behaviour in Australia and the relative strengths of common and idiosyncratic factors affecting economic performance across the states and territories. The results of the research will help to inform both national and sub-national economic policies and hence contribute to better economic and social outc ....State & territory economic performance and national economic policy. The research is intended to provide a better understanding of the relationship between national and state & territory economic behaviour in Australia and the relative strengths of common and idiosyncratic factors affecting economic performance across the states and territories. The results of the research will help to inform both national and sub-national economic policies and hence contribute to better economic and social outcomes in Australia.Read moreRead less