Economic Growth and Real Exchange Rates. Exchange rate movements are important elements of Australia's economic environment. Protectionist interests in the US and Europe, constrained by WTO trade rules, accuse East Asian economies of deliberate undervaluation. While exchange rate movements are not readily predictable in the short run, long run changes in underlying real exchange rates are amenable to economic analysis using structural models. The clearer understanding of these forces, toward ....Economic Growth and Real Exchange Rates. Exchange rate movements are important elements of Australia's economic environment. Protectionist interests in the US and Europe, constrained by WTO trade rules, accuse East Asian economies of deliberate undervaluation. While exchange rate movements are not readily predictable in the short run, long run changes in underlying real exchange rates are amenable to economic analysis using structural models. The clearer understanding of these forces, toward which this project is directed, will better guide investment in the region, including in Australia, and more importantly, it will better inform future policy debates surrounding currency movements.Read moreRead less
Revealing the impacts of super-charged photosynthesis on leaf respiration. This project aims to use state-of-the-art technologies to develop a novel framework that links a super-charged version of photosynthesis (known as C4 photosynthesis) to changes in nocturnal leaf respiration. A quarter of global land photosynthesis occurs in C4 plants that include several important cereal crops. Although advances have been made in modelling C4 photosynthesis, these advances are unable to model variations i ....Revealing the impacts of super-charged photosynthesis on leaf respiration. This project aims to use state-of-the-art technologies to develop a novel framework that links a super-charged version of photosynthesis (known as C4 photosynthesis) to changes in nocturnal leaf respiration. A quarter of global land photosynthesis occurs in C4 plants that include several important cereal crops. Although advances have been made in modelling C4 photosynthesis, these advances are unable to model variations in nocturnal respiration. Expected outcomes include equations that predict respiration in C4 plants growing in current/future climates. Benefits to include knowledge needed to engineer faster-growing crops and providing climate modelers the ability to more accurately predict carbon exchange in C4-dominated ecosystems. Read moreRead less