The Sustainability of Agricultural Productivity Growth in a Changing Environment: An International Perspective. The project could provide significant benefits to Australia. Australia is a dry continent with fragile natural resources, and a significant exporter of agricultural products. A sound knowledge of the factors that affect agricultural sustainability is crucial. Perhaps more importantly, identifying economic, environmental, social, institutional and political factors that influence agric ....The Sustainability of Agricultural Productivity Growth in a Changing Environment: An International Perspective. The project could provide significant benefits to Australia. Australia is a dry continent with fragile natural resources, and a significant exporter of agricultural products. A sound knowledge of the factors that affect agricultural sustainability is crucial. Perhaps more importantly, identifying economic, environmental, social, institutional and political factors that influence agricultural sustainability in other countries, especially our Asian neighbours, will provide valuable information to relevant agencies in designing strategies aimed at ensuring that these countries are stable and well fed. This is of particular importance in the current climate, with growing influences of terrorist organisations in places where poverty exists.Read moreRead less
Robust Productivity Measurement: An Econometric Distance Function Approach. Accurate measures of productivity are required in a range of economic analyses. For example, in the assessment of the success of microeconomic reforms, or in price-cap regulation of utility and transport infrastructure firms. In this project we investigate the use of econometric distance functions as a means of obtaining improved productivity measures. This new approach addresses the main criticisms of alternative ap ....Robust Productivity Measurement: An Econometric Distance Function Approach. Accurate measures of productivity are required in a range of economic analyses. For example, in the assessment of the success of microeconomic reforms, or in price-cap regulation of utility and transport infrastructure firms. In this project we investigate the use of econometric distance functions as a means of obtaining improved productivity measures. This new approach addresses the main criticisms of alternative approaches, such as the single output restriction in the production function approach, the optimisation assumptions embedded in both the value dual approach and the Törnqvist index approach, and the statistical noise criticism of the data envelopment analysis approach.Read moreRead less
State-contingent analysis of productivity, efficiency and innovation. Productivity growth is a fundamental precondition for sustainable improvements in living standards. The main drivers of productivity growth are technological innovation and improvements in the efficiency of resource use. Effective public policy in this area requires identification of these components. This project develops improved productivity measurement methods that are applicable in economic environments characterised b ....State-contingent analysis of productivity, efficiency and innovation. Productivity growth is a fundamental precondition for sustainable improvements in living standards. The main drivers of productivity growth are technological innovation and improvements in the efficiency of resource use. Effective public policy in this area requires identification of these components. This project develops improved productivity measurement methods that are applicable in economic environments characterised by production and/or demand uncertainty. The methods will be used to obtain improved estimates of rates of innovation and changes in the relative efficiency of selected Australian enterprises. The empirical results will inform National Competition Policy and the process of microeconomic reform.Read moreRead less