Increasing Returns and Economic Efficiency. The project attempts to increase the international profile of Australian research by extending the analysis of the challenging issues of economic efficiency in the presence of increasing returns. The proposed analysis takes account of both allocational efficiency and organizational efficiency. It will integrate the Dixit-Stiglitz model of the traditional analysis with the Yang-Ng-Shi model of the new framework to provide a more realistic analysis that ....Increasing Returns and Economic Efficiency. The project attempts to increase the international profile of Australian research by extending the analysis of the challenging issues of economic efficiency in the presence of increasing returns. The proposed analysis takes account of both allocational efficiency and organizational efficiency. It will integrate the Dixit-Stiglitz model of the traditional analysis with the Yang-Ng-Shi model of the new framework to provide a more realistic analysis that allows for increasing returns in both home and firm/market production. This conceptual extension constitutes an advance that is of analytical value and will also be relevant for the formulation of public economic policy in the Australian setting and also more generally. Read moreRead less
Econometric estimation and analysis of country, regional and global income distributions. The project will provide valuable information on characteristics of the income distribution for Australia, and the distributions for countries of socio-economic significance to Australia. The findings will enable Australian government and non-government organisations and international agencies to assess the effects of various policies such as those designed to reduce world poverty. The project can help Aust ....Econometric estimation and analysis of country, regional and global income distributions. The project will provide valuable information on characteristics of the income distribution for Australia, and the distributions for countries of socio-economic significance to Australia. The findings will enable Australian government and non-government organisations and international agencies to assess the effects of various policies such as those designed to reduce world poverty. The project can help Australia understand the most immediate needs of countries in the region, information that is useful for formulating Australian policy responses that can alleviate poverty and lead to improved living standards in the region, thereby creating a harmonious and safer environment within the Asia-Pacific region.Read moreRead less
Welfare Economic Issues in the New Classical Economic Framework of Inframarginal Analysis (renewal application). The CIs have developed a framework analysing the classical but largely ignored problems of division of labour. The 2001-2 project extends the framework to examine welfare issues and public policies, including government encouragement of infrastructure, organisational effects of externality-corrective taxes, work ethics and the optimal working week. The proposed extension to this res ....Welfare Economic Issues in the New Classical Economic Framework of Inframarginal Analysis (renewal application). The CIs have developed a framework analysing the classical but largely ignored problems of division of labour. The 2001-2 project extends the framework to examine welfare issues and public policies, including government encouragement of infrastructure, organisational effects of externality-corrective taxes, work ethics and the optimal working week. The proposed extension to this research will address the more fundamental issue of the Pareto optimality of general equilibrium in the new framework and extend the existing analyses to be of more practical relevance with more immediate policy implications.Read moreRead less
Modelling Food Expenditure, Analysing Nutrient Security, Measuring Hunger and Calculating Purchasing Power Parity: Methodological Advances with Policy Applications. The analysis of consumption changes in selected Asian countries will throw light on Australia's trade potential, especially with one of the fastest growing countries.
More informed debate on the role of trade and aid in reducing hunger and poverty.Following the 2000 Millenium summit and the step up of Australian developmental aid, ....Modelling Food Expenditure, Analysing Nutrient Security, Measuring Hunger and Calculating Purchasing Power Parity: Methodological Advances with Policy Applications. The analysis of consumption changes in selected Asian countries will throw light on Australia's trade potential, especially with one of the fastest growing countries.
More informed debate on the role of trade and aid in reducing hunger and poverty.Following the 2000 Millenium summit and the step up of Australian developmental aid, the subject has returned to the centre stage in policy discussions.
The systematic use of unit value information available elsewhere, but currently lacking in ABS data, will help the latter in improving its HES.
Contribute to "understanding our region and the world"(Key Priority Goal in Research Priority 4 of ARC).
Provide data sets for use in Australian RHD dissertations .
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Modelling Decision Making Within the Household and Analysing its Welfare Implications:Methodological Advances with Policy Applications. The project examines the behavioural and welfare implications of alternative models of intra household decisions. A framework that integrates the household's earnings and expenditure decisions will be proposed and applied. The project introduces new measures of spousal power in making decisions and examines its impact on household outcomes. A satisfactory eco ....Modelling Decision Making Within the Household and Analysing its Welfare Implications:Methodological Advances with Policy Applications. The project examines the behavioural and welfare implications of alternative models of intra household decisions. A framework that integrates the household's earnings and expenditure decisions will be proposed and applied. The project introduces new measures of spousal power in making decisions and examines its impact on household outcomes. A satisfactory econometric methodology to test the conventional unitary model will be developed and applied. The usefulness of this research is underlined by examining the policy implications in areas that range from taxation in the developed country context to child health, child labour and gender bias in case of developing countries.Read moreRead less
Discovery Early Career Researcher Award - Grant ID: DE200100590
Funder
Australian Research Council
Funding Amount
$416,154.00
Summary
Optimal policy and mechanism design in education and labour markets. This project aims to investigate the optimal design and efficiency implications of education and labour market policies such as differential treatment in school assignment, university admissions, hiring and promotions within organisations. The project expects to develop novel theoretical models of public policy using techniques from information economics and mechanism design. The expected outcomes of this project include an enh ....Optimal policy and mechanism design in education and labour markets. This project aims to investigate the optimal design and efficiency implications of education and labour market policies such as differential treatment in school assignment, university admissions, hiring and promotions within organisations. The project expects to develop novel theoretical models of public policy using techniques from information economics and mechanism design. The expected outcomes of this project include an enhanced capacity to design policies and a new conceptual framework to assess their efficiency. This should enable policymakers and organisations to implement more efficient policies, and inform public debates on the merits of preferential treatment, gender equity policies and other education and labour market policies. Read moreRead less
The economics of happiness, public policy, and national success indicators. The project will provide a sound analysis of happiness, taking account of traditional welfare economics and recent advances in happiness studies, including making the analysis more relevant for policy formulation, making happiness measures more comparable interpersonally, intertemporally, and interculturally. A new and more appropriate national success indicator will be devised that takes positive account of some appropr ....The economics of happiness, public policy, and national success indicators. The project will provide a sound analysis of happiness, taking account of traditional welfare economics and recent advances in happiness studies, including making the analysis more relevant for policy formulation, making happiness measures more comparable interpersonally, intertemporally, and interculturally. A new and more appropriate national success indicator will be devised that takes positive account of some appropriate measure of happiness (adjusted happy life-years) and negative account of some measure of per capita external costs. This will encourage people, organizations, and governments to focus on factors that have a more direct bearing on people's happiness.Read moreRead less
Macro and micro level subjective expectations information and economic behaviour. This project examines the importance of economic expectations on the future state of the economy in decision making. It focuses on large life decisions such as going into retirement, paying for a university education and buying a house. The project also assess the extent to which people are able to make these predictions accurately.
Experimental evaluation of YP4 - Is 'joining up' services for homeless and jobless people a net benefit to society? This project will provide evidence on the social costs and benefits of programs that seek to 'join up' delivery of government services - with specific reference to young homeless jobseekers. This knowledge has direct application in future design of government policies on implementing programmes for government payment recipients with multiple sources of disadvantage. Furthermore, th ....Experimental evaluation of YP4 - Is 'joining up' services for homeless and jobless people a net benefit to society? This project will provide evidence on the social costs and benefits of programs that seek to 'join up' delivery of government services - with specific reference to young homeless jobseekers. This knowledge has direct application in future design of government policies on implementing programmes for government payment recipients with multiple sources of disadvantage. Furthermore, the project will provide a 'case study' demonstration of the capacity for not-for-profit organisations to independently undertake policy reform, and to implement that reform in a way that allows rigorous evaluation of its effects. The project will also extend research expertise in the area of program evaluation, particularly as applied in the Australian context.Read moreRead less
An Investigation of Chronic and Transitory Poverty in Australia in the Twenty-First Century. People in chronic poverty are unlikely to lead 'healthy, productive or fulfilling' lives. Their unrealized productive and creative potential is a loss to society as well as to the individuals themselves. The information about the intensity of chronic and transitory poverty in Australia that is generated by this project will enable government and charitable institutions to better allocate the substantial ....An Investigation of Chronic and Transitory Poverty in Australia in the Twenty-First Century. People in chronic poverty are unlikely to lead 'healthy, productive or fulfilling' lives. Their unrealized productive and creative potential is a loss to society as well as to the individuals themselves. The information about the intensity of chronic and transitory poverty in Australia that is generated by this project will enable government and charitable institutions to better allocate the substantial resources that they invest annually in programs to assist economically disadvantaged people. The project also has a training function: to develop the research capacity of a postgraduate student who will write a thesis on chronic poverty among children. Read moreRead less