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
Increasing Globalisation and its Economic Implications. This project will focus on globalisation and its economic implications. We will: (a) propose definitions and measure of the ?degree of globalization", (b) examine its relationship with the degree of uncertainty facing an economy, (c) study the effects of globalisation and uncertainty on productivity growth, (d) examine the effects of uncertainty on the economy and (f) provide empirical applications for the Australian economy. Our project wi ....Increasing Globalisation and its Economic Implications. This project will focus on globalisation and its economic implications. We will: (a) propose definitions and measure of the ?degree of globalization", (b) examine its relationship with the degree of uncertainty facing an economy, (c) study the effects of globalisation and uncertainty on productivity growth, (d) examine the effects of uncertainty on the economy and (f) provide empirical applications for the Australian economy. Our project will provide an important, innovative and comprehensive examination of globalization and its economic effects. In addition to making novel theoretical and empirical contributions, it will also facilitate meaningful analyses of policy issues in Australia.Read moreRead less
China's Exports and Growth and Major East Asia Summit Economies - Exploring Regional Impact and Policy Responses. The project benefits Australia's current long-term economic priorities and engagement with Asia in five ways. It provides: (1) collaborative research with East Asia Summit (EAS) networked experts on topics of mutual interest, (2) a new perspective on the effects of China on EAS4 trade and growth, (3) substantive improved findings on EAS4 economic and trade policy options, (4) signifi ....China's Exports and Growth and Major East Asia Summit Economies - Exploring Regional Impact and Policy Responses. The project benefits Australia's current long-term economic priorities and engagement with Asia in five ways. It provides: (1) collaborative research with East Asia Summit (EAS) networked experts on topics of mutual interest, (2) a new perspective on the effects of China on EAS4 trade and growth, (3) substantive improved findings on EAS4 economic and trade policy options, (4) significant inputs to analysis, debates and negotiations in the recently proposed EAS free trade agreement (FTA), and (5) useful applications to Australia's similar bilateral FTAs under negotiation (e.g., Australia-Korea and Japan FTAs).Read moreRead less
Economic modelling for Australia and the USA: forecasts, policy analysis and comparative studies of technology and labour market adjustment. This project involves: a fundamental overhaul of MONASH, a widely used detailed dynamic model of the Australian economy; the creation of MONASH-USA for the United States; and several model-based Australia/US comparisons. MONASH's database and parameters will be updated, and its theoretical specification improved. MONASH-USA will be an advance over existing ....Economic modelling for Australia and the USA: forecasts, policy analysis and comparative studies of technology and labour market adjustment. This project involves: a fundamental overhaul of MONASH, a widely used detailed dynamic model of the Australian economy; the creation of MONASH-USA for the United States; and several model-based Australia/US comparisons. MONASH's database and parameters will be updated, and its theoretical specification improved. MONASH-USA will be an advance over existing US models and will generate policy results of interest both in the United States and Australia. MONASH-USA will have an excellent database and is likely to produce insights on parameter estimation. These will be applicable in Australia. Together, MONASH and MONASH-USA will facilitate comparative studies of technology and labour-market performance.Read moreRead less
Growth, Trade, and Economic Development in Asia. Future growth in Asia has strong implications for growth, relative wages, skill levels, human capital accumulation and trade in Australia. This project seeks to gain insight into whether the high economic growth rates experienced in Asia will continue into the future and whether low income Asian countries will take off in the future. This information will be used to simulate future demand for skills, relative wages, trade and the incentives to inv ....Growth, Trade, and Economic Development in Asia. Future growth in Asia has strong implications for growth, relative wages, skill levels, human capital accumulation and trade in Australia. This project seeks to gain insight into whether the high economic growth rates experienced in Asia will continue into the future and whether low income Asian countries will take off in the future. This information will be used to simulate future demand for skills, relative wages, trade and the incentives to invest in Australia and give insight into the effects of various policies in Australia on educational decision, skill composition, relative wages, trade and growth.Read moreRead less
Economic Analyses of Competitor Collaboration: Theory, Evidence, and Policy Implications. Several industries in Australia (eg. airlines, banking, telecommunications) exhibit some common characteristics: few big firms, with significant market power, selling differentiated products. Given the level of market concentration in these industries, mergers are unlikely to improve welfare. However, is the same true for collaborations on value-creating activities? What decisions, if any, should any two fi ....Economic Analyses of Competitor Collaboration: Theory, Evidence, and Policy Implications. Several industries in Australia (eg. airlines, banking, telecommunications) exhibit some common characteristics: few big firms, with significant market power, selling differentiated products. Given the level of market concentration in these industries, mergers are unlikely to improve welfare. However, is the same true for collaborations on value-creating activities? What decisions, if any, should any two firms be allowed to collaborate on? What are their effects on rival firms and consumers? The project will develop the first unifying framework to address these questions. Our research findings are expected to assist the competition policymakers in comprehensively assessing the welfare impacts of competitor collaborationsRead 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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Globalization, WTO and sustainable development: new challenges, opportunities and implications for Australia. Australia is benefiting greatly from opening its economy and encouraging the same in its trading partners, particularly through the World Trade Organization (WTO). A major new challenge is to ensure that the WTO continues to enhance economic welfare by responding to recent criticisms levelled at it by anti-globalization groups. This project will analyse those groups' claims about the eff ....Globalization, WTO and sustainable development: new challenges, opportunities and implications for Australia. Australia is benefiting greatly from opening its economy and encouraging the same in its trading partners, particularly through the World Trade Organization (WTO). A major new challenge is to ensure that the WTO continues to enhance economic welfare by responding to recent criticisms levelled at it by anti-globalization groups. This project will analyse those groups' claims about the effects of trade and investment policy reforms, and of WTO rules and other contributors to globalization, by going beyond the traditional economic effects to examine effects on income distribution, poverty alleviation, the environment, labour, and food safety and security.Read moreRead less
International Trade Policy and the Dynamics of Open Economies. The project is concerned with the relationship between an open economy's international trading conditions and the allocation of resources within the economy, particularly over time (dynamic effects). The trading conditions reflect international markets and governments' trade policies. The dynamic effects upon the economy include the rate of growth, saving and inter-generation welfare. The models developed to study these relationship ....International Trade Policy and the Dynamics of Open Economies. The project is concerned with the relationship between an open economy's international trading conditions and the allocation of resources within the economy, particularly over time (dynamic effects). The trading conditions reflect international markets and governments' trade policies. The dynamic effects upon the economy include the rate of growth, saving and inter-generation welfare. The models developed to study these relationships will link international markets with domestic and future markets in a unified and consistent manner. The outcomes include a better theoretical understanding of these relationships and empirical inter-temporal models for the Australian economy that permit measurement of these dynamic effects.Read moreRead less
International Trade Policy Evaluation, Economic Growth and Demographics. The research will strengthen our understanding of Australia's place in the region and the world. Given Australia's dependence upon international trade, the importance of economic growth and demographic change, the relevance of inter-generation welfare and the challenges arising from globalization and the international trade policy environment, knowledge of the power and implications of international trade policies is crucia ....International Trade Policy Evaluation, Economic Growth and Demographics. The research will strengthen our understanding of Australia's place in the region and the world. Given Australia's dependence upon international trade, the importance of economic growth and demographic change, the relevance of inter-generation welfare and the challenges arising from globalization and the international trade policy environment, knowledge of the power and implications of international trade policies is crucial. This research will provide an analytical framework that will better inform policy makers and analysts and contribute to better understanding of Australia's options and role in the international trade policy arena. The result will be better trade policy choices.Read moreRead less