What are the determinants and effects of school choice? An international comparison between Australia and the UK. The project will provide a clearer picture of the determinants of school choice, most notably the impact of economic phenomena on that choice. For Australia, this will mean we have a better understanding of the competing explanations of the growth of students at private schools over the past three decades: the role of government subsidies; the role of demographic changes; the effec ....What are the determinants and effects of school choice? An international comparison between Australia and the UK. The project will provide a clearer picture of the determinants of school choice, most notably the impact of economic phenomena on that choice. For Australia, this will mean we have a better understanding of the competing explanations of the growth of students at private schools over the past three decades: the role of government subsidies; the role of demographic changes; the effects of increased income inequality; and the role of changes in preferences towards private schools. This information will provide a better evidence base for future policy development in this area.Read moreRead less
An Economic Analysis of Bankruptcy and Financial Reorganization in Australia. We examine the question of whether the new Australian bankruptcy law is too lenient on firms in financial trouble. We will assemble detailed economic data on a large number of bankrupt firms and use the data to measure the performance of the Australian bankruptcy system. The outcome will be a more complete understanding of how bankruptcy law saves viable firms and eliminates inefficient firms. The project will assist p ....An Economic Analysis of Bankruptcy and Financial Reorganization in Australia. We examine the question of whether the new Australian bankruptcy law is too lenient on firms in financial trouble. We will assemble detailed economic data on a large number of bankrupt firms and use the data to measure the performance of the Australian bankruptcy system. The outcome will be a more complete understanding of how bankruptcy law saves viable firms and eliminates inefficient firms. The project will assist policy-makers designing bankruptcy law. The national benefit will be a bankruptcy system that balances the need to give innovating entrepreneurs a second chance against the danger of
encouraging too many unprofitable firms to limp on and waste
resources.Read moreRead less
The evolution of Australian enterprises, 1990 to 2007 : An empirical analysis of the relationship between turbulence among firms, productivity, growth and exports. This project will examine determinants and effects of enterprise entry and exit on growth, export and productivity in Australian industry using innovative panel enterprise data sets which have been collated and linked from existing ABS surveys, administrative data and accounting data. Currently, there is only one short longitudinal en ....The evolution of Australian enterprises, 1990 to 2007 : An empirical analysis of the relationship between turbulence among firms, productivity, growth and exports. This project will examine determinants and effects of enterprise entry and exit on growth, export and productivity in Australian industry using innovative panel enterprise data sets which have been collated and linked from existing ABS surveys, administrative data and accounting data. Currently, there is only one short longitudinal enterprise data set in Australia. Further data sets are required if policy makers are to understand patterns and causes of growth and business survival in Australia. Understanding provided from these studies should significantly improve our undertanding of how businesses perform.Read moreRead less
Robust Optimal Asset Liability Management via Stochastic Control Theory. The Australian federal and state governments are strongly exposed to the Australian and international investment markets, either directly or through entities such as the Future Fund, state-owned insurers and superannuation schemes. Additionally, the investment pool represented by individual Australian's superannuation savings managed by non-government organisations is significant. Robust and effective management of these ....Robust Optimal Asset Liability Management via Stochastic Control Theory. The Australian federal and state governments are strongly exposed to the Australian and international investment markets, either directly or through entities such as the Future Fund, state-owned insurers and superannuation schemes. Additionally, the investment pool represented by individual Australian's superannuation savings managed by non-government organisations is significant. Robust and effective management of these assets in order to meet future liabilities of these funds are essential to a stable Australian economy. This research has the potential to be a key component of reliable investment management, helping make Australia an important investment hub.Read moreRead less
An economic analysis of local content requirements in radio broadcasting: a model and an empirical investigation of the Australian experience. How much local music should radio stations be required to play? Twenty per cent? Thirty per cent? As much or as little as they wish? Who benefits from such schemes? Local musicians? International record companies? Who is hurt? Radio stations? The listening public? By better understanding the effects of local content quotas on radio broadcasters (an ....An economic analysis of local content requirements in radio broadcasting: a model and an empirical investigation of the Australian experience. How much local music should radio stations be required to play? Twenty per cent? Thirty per cent? As much or as little as they wish? Who benefits from such schemes? Local musicians? International record companies? Who is hurt? Radio stations? The listening public? By better understanding the effects of local content quotas on radio broadcasters (and the ways in which they lead to those effects) and by being aware of the actual consequences of the Australian scheme (and, potentially, those of other countries) we can better answer these sorts of questions. Gaining such understanding is the goal of this research. Read moreRead less
The impact of small business policy systems on small firm innovation and competitiveness in critical industry sectors. This research will examine the proposition that small business policy systems affect the structure and strategy of SMEs and in turn the sectors within which SMEs innovate and specialise. It will involve an analysis of SME policy systems; sectors of SME specialisation based on patent data, annual reports and firm web sites; and a longitudinal study of the strategy and structure o ....The impact of small business policy systems on small firm innovation and competitiveness in critical industry sectors. This research will examine the proposition that small business policy systems affect the structure and strategy of SMEs and in turn the sectors within which SMEs innovate and specialise. It will involve an analysis of SME policy systems; sectors of SME specialisation based on patent data, annual reports and firm web sites; and a longitudinal study of the strategy and structure of 29 case study firms in 3 sectors in 3 countries based on in-depth interviews and focus groups. Findings will provide a basis for improved policy advice concerning the mechanisms for encouraging small firm innovation and competitiveness in critical sectors.Read moreRead less
Economic growth and globalisation: identifying costs and benefits. Globalisation provides opportunities to stimulate economic development and growth, but it may also impose costs on national economies. This project will utilise economic theory and econometric analysis to identify the principal sources and the magnitude of such benefits and costs. It will focus on three areas: trade in consumer goods; trade in capital goods; and the importation of knowledge and technology. The results will in ....Economic growth and globalisation: identifying costs and benefits. Globalisation provides opportunities to stimulate economic development and growth, but it may also impose costs on national economies. This project will utilise economic theory and econometric analysis to identify the principal sources and the magnitude of such benefits and costs. It will focus on three areas: trade in consumer goods; trade in capital goods; and the importation of knowledge and technology. The results will inform national policy-making in the areas of trade policy, industry policy, education and R&D.Read moreRead less
Research Training, Scientists, Mobility and Innovation: enhancing comparative methodologies. The collaboration will facilitate transfer of research value mapping (RVM) methods and technologies from a leading US centre into Australia. The RVM program focus on university-business collaboration will orient future collaborative projects and analyses. This will enhance the state-of-the-art of research evaluation in Australia over time. Extension of the CIs unique survey database will incorporate comp ....Research Training, Scientists, Mobility and Innovation: enhancing comparative methodologies. The collaboration will facilitate transfer of research value mapping (RVM) methods and technologies from a leading US centre into Australia. The RVM program focus on university-business collaboration will orient future collaborative projects and analyses. This will enhance the state-of-the-art of research evaluation in Australia over time. Extension of the CIs unique survey database will incorporate comparative dimensions into research value mapping. A focus on Australian respondents in the international database (n=1300) will lead to analyses that inform science policy and scientist human resource development in Australia. This will provide a deeper understanding of Australia’s science role in the Asia Pacific region.Read moreRead less
Policy Notes: Local Popular Music in Global Creative Economies. In providing the first comprehensive analysis of how music policy is created, the project assesses the viability of local music industries in a time of rapid, global technological change. It forges new ways of planning the different needs of producers, audiences and government in cultural production; and contribute to the economic and cultural health of Australian popular music industries. The project fills a major gap in Australian ....Policy Notes: Local Popular Music in Global Creative Economies. In providing the first comprehensive analysis of how music policy is created, the project assesses the viability of local music industries in a time of rapid, global technological change. It forges new ways of planning the different needs of producers, audiences and government in cultural production; and contribute to the economic and cultural health of Australian popular music industries. The project fills a major gap in Australian and international cultural policy studies in relation to the effectiveness of popular music policy and practice, particularly for industries situated outside the predominant centres of music production in Europe, the U.S. and Asia.Read moreRead less
A comparative study of knowledge transfer systems and their contribution to knowledge transfer and diffusion, innovation and socioeconomic transformation. This project will contribute to the national priority goal of promoting an innovation culture and economy by providing knowledge with which to improve institutional arrangements for research commercialisation for the purpose of enhancing business innovation and ensuring that publicly fund research results in commercial and social benefits. The ....A comparative study of knowledge transfer systems and their contribution to knowledge transfer and diffusion, innovation and socioeconomic transformation. This project will contribute to the national priority goal of promoting an innovation culture and economy by providing knowledge with which to improve institutional arrangements for research commercialisation for the purpose of enhancing business innovation and ensuring that publicly fund research results in commercial and social benefits. The research is of particular benefit to regional and rural communities because it adopts a novel system level design which explores the role of KTSs in socioeconomic transformation and across sectors and regions. It therefore moves beyond prior studies which have focused on high technology sectors and regions.Read moreRead less