Special Research Initiatives - Grant ID: SR0354852
Funder
Australian Research Council
Funding Amount
$10,000.00
Summary
Sustainable Regions for a Competitive Australia. How can metropolitan, rural and remote regions balance economic and job growth, with environmental and social sustainability? This Initiative establishes a Network of researchers to work collaboratively on questions of environmental best practice, community development, regional governance, labour markets, economic development and technology transfer. The Network's vision is to find ways to use existing and future research to help make Australia ....Sustainable Regions for a Competitive Australia. How can metropolitan, rural and remote regions balance economic and job growth, with environmental and social sustainability? This Initiative establishes a Network of researchers to work collaboratively on questions of environmental best practice, community development, regional governance, labour markets, economic development and technology transfer. The Network's vision is to find ways to use existing and future research to help make Australia's regions more competitive on world markets and more environmentally sustainable, and to help build stronger regional communities. The Network cuts across traditional discipline boundaries to find integrated solutions to the real problems confronting Australian regions.Read moreRead less
Economic Analysis of an Environmental Challenge: Salinity, Uncertainty and Property. The applicability of standard property-rights solutions to complex environmental issues such as salinity is examined. Water and carbon trading, as well as issues relating to agricultural land management are addressed. In particular, the use of price instruments as a potentially more attractive mechanism than standard quantity instruments for achieving desirable outcomes is examined. The project will exploit and ....Economic Analysis of an Environmental Challenge: Salinity, Uncertainty and Property. The applicability of standard property-rights solutions to complex environmental issues such as salinity is examined. Water and carbon trading, as well as issues relating to agricultural land management are addressed. In particular, the use of price instruments as a potentially more attractive mechanism than standard quantity instruments for achieving desirable outcomes is examined. The project will exploit and extend recent theoretical developments in modelling under conditions of uncertainty, and the use of price and quantity instruments in regulatory contexts.Read moreRead less
Understanding and overcoming confusion in consumer financial decisions. This project aims to develop consumer-centred approaches to reducing the harmful effects of confusion in financial decisions by studying superannuation investment and home loan decisions where confused choices are individually and collectively costly. The project intends to develop comprehensive models to capture the full complexity of financial products and the diverse preferences and capability of consumers, then to use ad ....Understanding and overcoming confusion in consumer financial decisions. This project aims to develop consumer-centred approaches to reducing the harmful effects of confusion in financial decisions by studying superannuation investment and home loan decisions where confused choices are individually and collectively costly. The project intends to develop comprehensive models to capture the full complexity of financial products and the diverse preferences and capability of consumers, then to use advanced statistical methods to estimate the benefits of clearer decision-making. The outcomes of this project includes new models of complex financial decisions, and a better understanding of where confusion arises and the effects it may have. Decreased confusion will raise financial well-being and help communities become more resilient to financial shocks.Read moreRead less
Ways to Growth: Auditing and Encouraging Industry Innovation Capacity and Employment Growth in South-West Sydney Region. Uneven economic opportunities across regions have long concerned local and regional policymakers but policy results have remained limited. The four major strands of regional and local analytical work and policy focus (inwards attraction, focus on small local firms, innovation systems, clusters, networks) have not been combined in analysis of particular geographic spaces. The d ....Ways to Growth: Auditing and Encouraging Industry Innovation Capacity and Employment Growth in South-West Sydney Region. Uneven economic opportunities across regions have long concerned local and regional policymakers but policy results have remained limited. The four major strands of regional and local analytical work and policy focus (inwards attraction, focus on small local firms, innovation systems, clusters, networks) have not been combined in analysis of particular geographic spaces. The doctoral study proposed here is an innovative audit of economic activity in Liverpool City and the southwest region of Sydney to test ways in which the elements of economic growth identified in the four literatures interact. The aim is developing both better analytical tools and policy interventions.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
Australian Laureate Fellowships - Grant ID: FL110100247
Funder
Australian Research Council
Funding Amount
$2,461,000.00
Summary
Understanding the implications of population ageing for the future costs of funding health care, aged care and aged pensions in Australia. Decisions about health insurance, aged care, superannuation and retirement are often very complex, and most people find making the best choices extremely challenging. This project will develop new models and design new policies that can help people make better decisions in these areas, leading to greater well being in retirement.
Modelling the APEC Digital Divide. Study of private sector motivation for the uptake of ICT is helpful in formulating regulatory and commercial responses to foster growth of competitive information-using and information-producing industries. The project will help clarify the relative benefits of production and use of ICT. Additionally, in an APEC context, analysis of the digital divide will inform policy appropriate to enhancing Australia's contribution to the region. The general purpose infor ....Modelling the APEC Digital Divide. Study of private sector motivation for the uptake of ICT is helpful in formulating regulatory and commercial responses to foster growth of competitive information-using and information-producing industries. The project will help clarify the relative benefits of production and use of ICT. Additionally, in an APEC context, analysis of the digital divide will inform policy appropriate to enhancing Australia's contribution to the region. The general purpose information technology of the Internet network is fast evolving into the enabling technology of choice for innovation and creative applications of a platform for communication and electronic transactions.Read moreRead less
Investigating Linkages Among Individual Decision Rules, Properties of Experimental Designs and Choice Models In Environmental Economics Applications. Discrete Choice Experiments or 'stated preference' (SP) surveys are increasingly being used to estimate public benefits of proposed environmental policy changes. The accuracy of environmental policy analyses and forecasts of welfare changes based on SP models depends heavily on unbiased parameter estimates. Our project aims to assess what happens i ....Investigating Linkages Among Individual Decision Rules, Properties of Experimental Designs and Choice Models In Environmental Economics Applications. Discrete Choice Experiments or 'stated preference' (SP) surveys are increasingly being used to estimate public benefits of proposed environmental policy changes. The accuracy of environmental policy analyses and forecasts of welfare changes based on SP models depends heavily on unbiased parameter estimates. Our project aims to assess what happens if common assumptions about consumer preferences in SP surveys are violated. We also study whether exploratory analysis methods can detect the violations to guide future research and applications. Successful completion of this project will lead to more accurate policy analyses and forecasts based on discrete choice models.Read moreRead less
Adding value to natural advantage through business clustering:Winners and losers along the Murray River. In terms of river-based business activity, the success of cities located on the Murray River, such as Albury/Wodonga, Echuca, Swan Hill and Mildura varies. We shall identify how some towns along the river have added value to the natural advantage of the river through business clustering while others have not. Processes by which successful communities have gained and retain advantage will be ....Adding value to natural advantage through business clustering:Winners and losers along the Murray River. In terms of river-based business activity, the success of cities located on the Murray River, such as Albury/Wodonga, Echuca, Swan Hill and Mildura varies. We shall identify how some towns along the river have added value to the natural advantage of the river through business clustering while others have not. Processes by which successful communities have gained and retain advantage will be compared with strategies applied by less successful towns. The concept of business clustering not only permits regional diversity to be more readily understood, but points to future initiatives for less successful regions.Read moreRead less
Endgame: managing superannuation in later life. This project aims to come up with strategies for improving superannuation advice for the elderly - including retirees, and also those on the cusp of retirement, who often have little or no scope for working harder or longer to restore their finances. It applies recent developments in financial economics to improve the quality of financial planning advice.