Predicting the value and use of urban land. This project aims to develop a comprehensive, robust and user-friendly set of modelling tools to predict land values more accurately. Accurate predictions of land values reduce state government revenue risks and improve resource management. The expected outcome of this project is the development of modelling tools which, can be used to study land use allocation, infrastructure delivery and government taxation revenue. This should provide significant be ....Predicting the value and use of urban land. This project aims to develop a comprehensive, robust and user-friendly set of modelling tools to predict land values more accurately. Accurate predictions of land values reduce state government revenue risks and improve resource management. The expected outcome of this project is the development of modelling tools which, can be used to study land use allocation, infrastructure delivery and government taxation revenue. This should provide significant benefits such as the development of new econometric theory, advanced computational methods and evidence-based guidelines for policymakers.Read moreRead less
Closing the Gap Between Theory and Data in Macroeconometrics. This project aims to bring econometric models (the empirical vehicle for inference) and economic models (the theory) closer together. A new model is intended to be proposed that will address a significant issue with the interpretation of the outputs of the econometric models. As a first contribution, the project is expected to develop the model and an inferential framework for this model using probability theory on manifolds. In a sec ....Closing the Gap Between Theory and Data in Macroeconometrics. This project aims to bring econometric models (the empirical vehicle for inference) and economic models (the theory) closer together. A new model is intended to be proposed that will address a significant issue with the interpretation of the outputs of the econometric models. As a first contribution, the project is expected to develop the model and an inferential framework for this model using probability theory on manifolds. In a second contribution, it is expected to construct an algorithm to permit inference leading to outputs useful to policy analysts. The model is intended to be parsimonious, which facilitates the development of a time-varying version to allow the model to evolve with the economy and provide better policy guidance.Read moreRead less
Incorporating the gains from healthy ageing in health system planning. This project aims to develop evidence-based fit-for-purpose economic models for planning future capacity for public health programmes by developing new methodological approaches incorporating dynamic changes in health and health risks over time. The project expects to generate new knowledge on the impact of improvements in physical and mental well-being on funding and capacity requirements for public programmes to meet tomorr ....Incorporating the gains from healthy ageing in health system planning. This project aims to develop evidence-based fit-for-purpose economic models for planning future capacity for public health programmes by developing new methodological approaches incorporating dynamic changes in health and health risks over time. The project expects to generate new knowledge on the impact of improvements in physical and mental well-being on funding and capacity requirements for public programmes to meet tomorrow’s needs for care instead of projecting yesterday’s use of care. Expected outcomes include new economic models responsive to changes in population characteristics, conditions and contexts. The proposed research should provide significant benefits through improving efficiency of public investments in health.Read moreRead less
Nature futures: mapping pathways to prosperity for people and nature. Population growth, consumption and trade are direct socio-economic drivers of land use change and climate change, which determine where species can persist. The UN Sustainable Development Goals and national policies acknowledge the dependence of people on nature and the impact of socio-economic drivers on nature. However, few analyses of impacts on nature explicitly incorporate socio-economic drivers. Utilising a novel modelli ....Nature futures: mapping pathways to prosperity for people and nature. Population growth, consumption and trade are direct socio-economic drivers of land use change and climate change, which determine where species can persist. The UN Sustainable Development Goals and national policies acknowledge the dependence of people on nature and the impact of socio-economic drivers on nature. However, few analyses of impacts on nature explicitly incorporate socio-economic drivers. Utilising a novel modelling framework and high-performance computing we will integrate economic, land use and biodiversity models to evaluate: (i) policies and incentives for increasing national vegetation cover for carbon sequestration and habitat, and (ii) global risks to nature posed by land use change under future geopolitical scenarios.Read moreRead less
Productivity, growth and unemployment in economies with frictions. This project aims to examine decisions driving productivity, growth, and unemployment in macroeconomies with frictions. It examines how government (fiscal, monetary, and education) policies determine these decisions, and identifies the best configurations of these policies. It will construct dynamic general equilibrium models of economies to analyse the causal structure behind productivity changes, growth and unemployment. It wil ....Productivity, growth and unemployment in economies with frictions. This project aims to examine decisions driving productivity, growth, and unemployment in macroeconomies with frictions. It examines how government (fiscal, monetary, and education) policies determine these decisions, and identifies the best configurations of these policies. It will construct dynamic general equilibrium models of economies to analyse the causal structure behind productivity changes, growth and unemployment. It will conduct quantitative experiments using simulations, to estimate optimal government policy design settings. This project expects to identify policies that promote productivity, growth and employment.Read moreRead less
Reliability of purchasing power parities from the World Bank. This project aims to provide an econometric framework to estimate purchasing power parities (PPPs) and a method to compute standard errors associated with the World Bank’s International Comparison Programme (ICP)’s PPPs. The ICP regularly compiles and publishes estimates of PPPs of currencies and real incomes. These results are used for study of global inequality and poverty; macroeconomic analysis; the Human Development Index; and cr ....Reliability of purchasing power parities from the World Bank. This project aims to provide an econometric framework to estimate purchasing power parities (PPPs) and a method to compute standard errors associated with the World Bank’s International Comparison Programme (ICP)’s PPPs. The ICP regularly compiles and publishes estimates of PPPs of currencies and real incomes. These results are used for study of global inequality and poverty; macroeconomic analysis; the Human Development Index; and cross-country productivity comparisons. However, no estimates of ICP PPPs’ reliability are available. Results from this project are likely to improve the quality of widely used data sets including the Penn World Tables and the University of Queensland International Comparison Database relevant to banking.Read moreRead less
Privacy, Data Protection and Market Structure. The rise of the digital economy has led to an unprecedented scale of data collection, storage and processing, creating new privacy risks for individuals. This project will provide an economic analysis of the incentives and institutions necessary to ensure data is sufficiently protected while also providing adequate levels of privacy to individuals. It will do this by exploring the optimal design of privacy laws, data breach notification laws, and th ....Privacy, Data Protection and Market Structure. The rise of the digital economy has led to an unprecedented scale of data collection, storage and processing, creating new privacy risks for individuals. This project will provide an economic analysis of the incentives and institutions necessary to ensure data is sufficiently protected while also providing adequate levels of privacy to individuals. It will do this by exploring the optimal design of privacy laws, data breach notification laws, and the relationship between promoting competition and encouraging data protection investment. The outcomes of this research will contribute to the efforts of the federal government to build a secure and resilient digital infrastructure that supports the entire Australian knowledge economy.Read moreRead less
Who Benefits from the Sharing Economy? Disruption in Australian Cities. Technological disruption has created new possibilities for employment and social interaction in cities, yet comes with many associated challenges for policymakers. This project aims to formulate a critical understanding of the sharing economy as a disruptive social, economic, and political process in Australian cities. The project team will apply advanced spatial analytics and theoretical approaches to three distinct facets ....Who Benefits from the Sharing Economy? Disruption in Australian Cities. Technological disruption has created new possibilities for employment and social interaction in cities, yet comes with many associated challenges for policymakers. This project aims to formulate a critical understanding of the sharing economy as a disruptive social, economic, and political process in Australian cities. The project team will apply advanced spatial analytics and theoretical approaches to three distinct facets of the sharing economy, providing new empirical evidence to explain transformative change in cities.
It applies a geographical lens to create to new knowledge regarding who benefits from the sharing economy, and how progressive regulation can enhance the outcomes of disruptive technologies.Read moreRead less
Discovery Early Career Researcher Award - Grant ID: DE180101503
Funder
Australian Research Council
Funding Amount
$357,996.00
Summary
Using improved markets to reduce over-extraction of groundwater. This project aims to investigate the key aspects needed for a successful groundwater market, including extraction limits, innovative trading systems and reasonable transaction costs. The outcomes of the project can contribute to environmental benefits that minimise short-term financial losses to irrigators. The project also expects to enhance the capacity of water agencies to implement cap and trade systems that can reduce over-ext ....Using improved markets to reduce over-extraction of groundwater. This project aims to investigate the key aspects needed for a successful groundwater market, including extraction limits, innovative trading systems and reasonable transaction costs. The outcomes of the project can contribute to environmental benefits that minimise short-term financial losses to irrigators. The project also expects to enhance the capacity of water agencies to implement cap and trade systems that can reduce over-extraction.Read moreRead less
Benefits and costs of non-market valuation for environmental management. Benefits from environmental policies are often unpriced “non-market values” (NMVs). Environmental agencies struggle to know how best to measure these relatively intangible benefits, but doing so is important to ensure value for money from public investments. Environmental economists have developed and applied a wide range of methods for estimating NMVs. The methods vary in their comprehensiveness, accuracy and cost. Yet no ....Benefits and costs of non-market valuation for environmental management. Benefits from environmental policies are often unpriced “non-market values” (NMVs). Environmental agencies struggle to know how best to measure these relatively intangible benefits, but doing so is important to ensure value for money from public investments. Environmental economists have developed and applied a wide range of methods for estimating NMVs. The methods vary in their comprehensiveness, accuracy and cost. Yet no rigorous tool is available to assess (a) which NMV method is best to implement, accounting for its cost and its potential to improve decisions, or (b) whether any NMV method improves decisions enough to warrant its cost. In creating such a tool, this project will deliver a key breakthrough in environmental economics.Read moreRead less