Sustaining India's economic transformation: challenges, prospects and implications for Australia and the Pacific region. India's emergence from economic stagnation is beginning to have a profound impact on the world economy, including Australia. This project aims to investigate the sources of India's growth and the reforms needed to ensure that growth generates reductions in poverty and ensures equity and political stability.
Income and well-being: Evidence from international commodity price shocks. This project aims to examine the effects of income from international commodity price windfalls on peoples’ well-being. Exports of natural resources (iron, coal and copper) are an important source of income for the Australian economy. International prices for these commodities have declined in recent years, lowering national income. The project will analyse both objective and subjective measures of well-being at both the ....Income and well-being: Evidence from international commodity price shocks. This project aims to examine the effects of income from international commodity price windfalls on peoples’ well-being. Exports of natural resources (iron, coal and copper) are an important source of income for the Australian economy. International prices for these commodities have declined in recent years, lowering national income. The project will analyse both objective and subjective measures of well-being at both the cross-country time-series and the sub-national levels, tailored to the Australian economy. It is expected that the project’s findings will benefit academia, public policy makers and everyday people. The project will inform academics and policy makers about how income from international commodity price windfalls affects peoples' well-being.Read moreRead less
Natural resources and ecosystem services in productivity measurement. This project aims to understand sources of productivity growth through addressing theoretical and practical problems in the economics of natural resources and ecosystem services. It will study the valuation of non-renewable resources and ecosystem services, acknowledging their contributions to economic activity and the effect on national income from their depletion and degradation. It will develop approaches to incorporating n ....Natural resources and ecosystem services in productivity measurement. This project aims to understand sources of productivity growth through addressing theoretical and practical problems in the economics of natural resources and ecosystem services. It will study the valuation of non-renewable resources and ecosystem services, acknowledging their contributions to economic activity and the effect on national income from their depletion and degradation. It will develop approaches to incorporating natural resource depletion and degradation into productivity analysis with the aim of better informing environmental, innovation and industry policy.Read moreRead less
Global Economic Consequences of Korean Re-unification. This research aims to model the economic implications of Korean re-unification and explore the spill-overs to key economies in the region, including Australia. The approach is understood to be first to develop a model for the existing North Korean economy in collaboration with South Korean researchers at Korea University. This model is intended to be embedded in an existing global economic model. The project aims to then explore scenarios of ....Global Economic Consequences of Korean Re-unification. This research aims to model the economic implications of Korean re-unification and explore the spill-overs to key economies in the region, including Australia. The approach is understood to be first to develop a model for the existing North Korean economy in collaboration with South Korean researchers at Korea University. This model is intended to be embedded in an existing global economic model. The project aims to then explore scenarios of integration between North and South Korea focusing on changing production structure, development in human capital formation, technology transfer, immigration flows within a unified Korea and the impact on trade and financial flows that may result from different scenarios of how unification will proceed.Read moreRead less
Estimation of the continuous piecewise linear model and macroeconomic applications. Relationships between economic variables are often characterised by non-linearities. This project develops a method to analyse a type of non-linearity that is frequently encountered in economics and uses this method to study four specific applications concerning the dynamics of inflation, growth, and the exchange rate.