Balancing the risk of harm with productivity in the mercurial firm: economic theory and applications to Australian policy. Australia has had at least one significant chemical spill per month for the last 30 years. While the Longford disaster fades from the news, James Hardy's asbestos problem fills its place. This project will develop a general conceptual framework in which to analyse the economics of risky firms. The framework will be used to evaluate Australian, International, and alternative ....Balancing the risk of harm with productivity in the mercurial firm: economic theory and applications to Australian policy. Australia has had at least one significant chemical spill per month for the last 30 years. While the Longford disaster fades from the news, James Hardy's asbestos problem fills its place. This project will develop a general conceptual framework in which to analyse the economics of risky firms. The framework will be used to evaluate Australian, International, and alternative policies. The end benefit to Australia will be an improvement in policy toward firms that cause accidents.Read moreRead less
Climate Change Projections and Policy Design Under Uncertainty. The issue of climate change and policy responses is one of the most important questions facing the world today. This research develops a global framework for understanding the many complexities surrounding this issue, for undertaking projections of emissions, for evaluating alternative policy proposals and for developing new policies. In particular it will provide a framework for undertaking alternative scenarios about future econom ....Climate Change Projections and Policy Design Under Uncertainty. The issue of climate change and policy responses is one of the most important questions facing the world today. This research develops a global framework for understanding the many complexities surrounding this issue, for undertaking projections of emissions, for evaluating alternative policy proposals and for developing new policies. In particular it will provide a framework for undertaking alternative scenarios about future economic growth and carbon emissions and attempt to quantify uncertainties. It will also focus on major developing countries such as China and India which will be critical in the future evolution of world economic activity and greenhouse emissions.Read moreRead less
Special Research Initiatives - Grant ID: SR0354852
Funder
Australian Research Council
Funding Amount
$10,000.00
Summary
Sustainable Regions for a Competitive Australia. How can metropolitan, rural and remote regions balance economic and job growth, with environmental and social sustainability? This Initiative establishes a Network of researchers to work collaboratively on questions of environmental best practice, community development, regional governance, labour markets, economic development and technology transfer. The Network's vision is to find ways to use existing and future research to help make Australia ....Sustainable Regions for a Competitive Australia. How can metropolitan, rural and remote regions balance economic and job growth, with environmental and social sustainability? This Initiative establishes a Network of researchers to work collaboratively on questions of environmental best practice, community development, regional governance, labour markets, economic development and technology transfer. The Network's vision is to find ways to use existing and future research to help make Australia's regions more competitive on world markets and more environmentally sustainable, and to help build stronger regional communities. The Network cuts across traditional discipline boundaries to find integrated solutions to the real problems confronting Australian regions.Read moreRead less
China's Industrialisation and Demand for Energy and Minerals. Understanding China's medium and long-term growth prospects and the implications for both demand and supply of resources are critically important to Australian economic policy and performance, as well as to investment decisions of Australian resource producers, and professional decisions of Australians in a wide range of occupations. Analysis of the medium and long-term demand for resources from China would be beneficial for Australia ....China's Industrialisation and Demand for Energy and Minerals. Understanding China's medium and long-term growth prospects and the implications for both demand and supply of resources are critically important to Australian economic policy and performance, as well as to investment decisions of Australian resource producers, and professional decisions of Australians in a wide range of occupations. Analysis of the medium and long-term demand for resources from China would be beneficial for Australian resource industries. It is also important to Australian budget, education and infrastructure policy. Increasing Chinese demand for resources will be critical in shaping global environmental policies.Read moreRead less
Improving water market outcomes through a better understanding of market behaviour. The issue of water resources and their sustainable use is probably the most important issue facing the rural sector. The water reform process and its aim to secure water for the environment will cause economic and social pain and result in structural change within the irrigation sector. Properly functioning water markets will play an instrumental role in facilitating this process by providing water for the envir ....Improving water market outcomes through a better understanding of market behaviour. The issue of water resources and their sustainable use is probably the most important issue facing the rural sector. The water reform process and its aim to secure water for the environment will cause economic and social pain and result in structural change within the irrigation sector. Properly functioning water markets will play an instrumental role in facilitating this process by providing water for the environment and allowing water to move between competing resources. This study will enable policy makers and water managers to optimise the positive outcome of water markets and increase the likely success of programs to purchase environmental water.Read moreRead less
Climate Change, Industrial Structure and the Knowledge Economy: Key Issues for an Effective Response on Greenhouse Gases. The objectives of this project are to undertake a major, long term study of the impact of global structural change on greenhouse gas emissions and on climate change, and to develop a detailed knowledge base concerning trade in embodied emissions. It is hoped that the knowledge generated will both inform global responses to this vital problem and contribute to the continuing d ....Climate Change, Industrial Structure and the Knowledge Economy: Key Issues for an Effective Response on Greenhouse Gases. The objectives of this project are to undertake a major, long term study of the impact of global structural change on greenhouse gas emissions and on climate change, and to develop a detailed knowledge base concerning trade in embodied emissions. It is hoped that the knowledge generated will both inform global responses to this vital problem and contribute to the continuing development of effective responses within Australia. The output - a book and many papers - will be directed in part to contribute to the IPCC's Fourth Assessment Report.Read moreRead less
Economic Analysis of an Environmental Challenge: Salinity, Uncertainty and Property. The applicability of standard property-rights solutions to complex environmental issues such as salinity is examined. Water and carbon trading, as well as issues relating to agricultural land management are addressed. In particular, the use of price instruments as a potentially more attractive mechanism than standard quantity instruments for achieving desirable outcomes is examined. The project will exploit and ....Economic Analysis of an Environmental Challenge: Salinity, Uncertainty and Property. The applicability of standard property-rights solutions to complex environmental issues such as salinity is examined. Water and carbon trading, as well as issues relating to agricultural land management are addressed. In particular, the use of price instruments as a potentially more attractive mechanism than standard quantity instruments for achieving desirable outcomes is examined. The project will exploit and extend recent theoretical developments in modelling under conditions of uncertainty, and the use of price and quantity instruments in regulatory contexts.Read moreRead less