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
The relationship between firm innovation and performance and the role of the government. Productivity growth in Australia has plateaued. Although Federal and State Governments employ a range of different innovation policies designed to stimulate productivity growth, little is known about the effects these programs, and of innovation more generally, on firm performance. One reason why this relationship is unknown relates to the availability of firm-level data. This project, will take advantage of ....The relationship between firm innovation and performance and the role of the government. Productivity growth in Australia has plateaued. Although Federal and State Governments employ a range of different innovation policies designed to stimulate productivity growth, little is known about the effects these programs, and of innovation more generally, on firm performance. One reason why this relationship is unknown relates to the availability of firm-level data. This project, will take advantage of unique access to a dataset provided by the Australian Bureau of Statistics which enables us to observe the activities of every firm in Australia. Using these data and appropriate econometric techniques, the study will examine the effect of a range of government policies designed to stimulate innovation and productivity growth. Read moreRead less
Technology Transforming Markets: Large-Scale Field Experiments in Electricity Use. Advances in information technology are transforming electricity markets. Victoria is rolling out ‘smart’ meters, which record half-hourly consumption data. Some retailers also provide web portals that facilitate customer access to this information. Together with an innovative start-up company, this project aims to use large-scale field experiments to evaluate the impact of these technologies on how consumers: use ....Technology Transforming Markets: Large-Scale Field Experiments in Electricity Use. Advances in information technology are transforming electricity markets. Victoria is rolling out ‘smart’ meters, which record half-hourly consumption data. Some retailers also provide web portals that facilitate customer access to this information. Together with an innovative start-up company, this project aims to use large-scale field experiments to evaluate the impact of these technologies on how consumers: use electricity; opt for new pricing plans; and switch retailers. The aims have important implications for environmental policies designed to conserve energy, for consumer choice and welfare, and for retail market competitiveness.Read moreRead less
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
Private Health Insurance and Utilisation of Health Care in Australia. The breakdown of activity between the Australian public and private health sectors is currently subject to considerable scrutiny. The combination of a comprehensive public system with minimal co-payments, but considerable waiting times for some treatment, and a private system with minimal waiting but sizeable co-payments has interesting economic implications for both consumer and provider behaviour. This research project will ....Private Health Insurance and Utilisation of Health Care in Australia. The breakdown of activity between the Australian public and private health sectors is currently subject to considerable scrutiny. The combination of a comprehensive public system with minimal co-payments, but considerable waiting times for some treatment, and a private system with minimal waiting but sizeable co-payments has interesting economic implications for both consumer and provider behaviour. This research project will explore the relationship between insurance status and utilisation of health care in Australia. Because insurance reduces the out-of-pocket price for consumers, they tend to purchase more care than they would without insurance.Read moreRead less
Measuring Hospital Performance: Outputs, Quality of Care, Competition and Efficiency. Hospitals are a critical component of the health infrastructure. An understanding of the performance of hospitals is important in shaping an overall health care strategy. Unfortunately, assessing hospital performance has been fraught with difficulties. A major obstacle is in defining and measuring the outputs and quality of hospitals. Collaborating with the Victorian Department of Human Services, and using t ....Measuring Hospital Performance: Outputs, Quality of Care, Competition and Efficiency. Hospitals are a critical component of the health infrastructure. An understanding of the performance of hospitals is important in shaping an overall health care strategy. Unfortunately, assessing hospital performance has been fraught with difficulties. A major obstacle is in defining and measuring the outputs and quality of hospitals. Collaborating with the Victorian Department of Human Services, and using the Department's VAED datasets, we aim to develop a framework within which unobservable quality dimensions can be estimated, so that hospital output and quality can be accounted for. The framework will be useful for addressing pertinent health policy issues, including hospital funding, specialisation, and competition issues.Read moreRead less
Risk management and funding structures: an econometric panel data analysis of health insurance in Australia. This research analyses how subsidies to Australian health insurance, both public and private, vary by income, risk of loss, age and region. It will provide the necessary information to guide future health funding by analysing the equity and efficiency of existing subsidies and alternative subsidies related to individuals' risk of high health costs.
Knowledge and Networks: An Evaluation of Patent Citation Activity and Active Knowledge Networks. Although many methods from many disciplines have been used, somewhat imperfectly, to examine knowledge creation and knowledge networks, the most accepted method in economics and strategy is patent citation analysis. Yet, even users of the methodology recognize that it is an imperfect measure of innovation, innovativeness and network linkages between innovations. The study sets up a methodology to ex ....Knowledge and Networks: An Evaluation of Patent Citation Activity and Active Knowledge Networks. Although many methods from many disciplines have been used, somewhat imperfectly, to examine knowledge creation and knowledge networks, the most accepted method in economics and strategy is patent citation analysis. Yet, even users of the methodology recognize that it is an imperfect measure of innovation, innovativeness and network linkages between innovations. The study sets up a methodology to examine the relationship between citations and network interactions between patent applicants. The value of the research is in providing a better measure of innovation and knowledge and in the normative lessons about establishing better scientific networks.Read moreRead less
Small firms' finances: effects on employment, wages and growth. The project aims to estimate how difficulties in accessing financial and credit markets affect small and medium enterprise (SME) decisions about employment, wages, entry and exit. Although the SME sector is Australia’s largest employer, the extent to which financial constraints affect these firms' market performance and their ability to create and sustain employment is unknown. The project plans to use an econometric analysis of fir ....Small firms' finances: effects on employment, wages and growth. The project aims to estimate how difficulties in accessing financial and credit markets affect small and medium enterprise (SME) decisions about employment, wages, entry and exit. Although the SME sector is Australia’s largest employer, the extent to which financial constraints affect these firms' market performance and their ability to create and sustain employment is unknown. The project plans to use an econometric analysis of firm level panel data to fill this gap. The intended outcome is micro-econometric findings tailored to improve targeted labour and financial policy. The expected benefit is to provide input to policy responses that support employment, productivity and wages in volatile market conditions.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