Inequality of opportunity in Australia. This project aims to develop econometric approaches for identifying opportunity gaps in Australia and other developed countries. Inequality of opportunity arises when the birth lottery or external factors in later life, rather than personal efforts, determine a person’s chances of economic success. A high level of inequality of opportunity holds people back from realising their potential and from contributing productively to society. The project will focus ....Inequality of opportunity in Australia. This project aims to develop econometric approaches for identifying opportunity gaps in Australia and other developed countries. Inequality of opportunity arises when the birth lottery or external factors in later life, rather than personal efforts, determine a person’s chances of economic success. A high level of inequality of opportunity holds people back from realising their potential and from contributing productively to society. The project will focus on the effect of inequality of opportunity on income, health and education with special emphasis placed on Indigenous and migrant populations. The findings should help formulate cost-efficient policy interventions aimed at levelling the economic playing field.Read moreRead less
Understanding Dynamic Aspects of Economic Inequality. This project aims to study dynamic aspects of inequality in Australia by exploring the changes in labour and housing market conditions and their relation to the changes in the distribution of income and wealth over the last decade. The project also aims to develop new econometric techniques to examine the factors that are responsible for the changes in the distribution of income and wealth and a range of labour and housing market outcomes. Pa ....Understanding Dynamic Aspects of Economic Inequality. This project aims to study dynamic aspects of inequality in Australia by exploring the changes in labour and housing market conditions and their relation to the changes in the distribution of income and wealth over the last decade. The project also aims to develop new econometric techniques to examine the factors that are responsible for the changes in the distribution of income and wealth and a range of labour and housing market outcomes. Particular attention will be paid to the role of the changes in individual-specific characteristics (such as education, age, employment status, and occupation) and neighbourhood-specific characteristics (such as house prices and population ageing) in producing inequality.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
Consistent Space-Time Comparisons of Real Income. The project will result in internationally comparable macroeconomic data, spanning all years since 1950 and covering in excess of 120 countries. The Australian government, private sector and academic researchers will find from this project a wealth of economic information on Australia, its geographical neighbours and trading partners which can be used in assessing Australia's economic performance and role in a global context. Results from this pr ....Consistent Space-Time Comparisons of Real Income. The project will result in internationally comparable macroeconomic data, spanning all years since 1950 and covering in excess of 120 countries. The Australian government, private sector and academic researchers will find from this project a wealth of economic information on Australia, its geographical neighbours and trading partners which can be used in assessing Australia's economic performance and role in a global context. Results from this project will provide international organisations, multinationals and researchers with a much improved data set, to those currently available, thus enhancing the reputation of the research team, the University of Queensland and Australia. Read moreRead less
Construction of Consistent Panels of Real Gross Domestic Product and its Components at Current and Constant Prices. The Australian government, international organizations, private sector and academic researchers will find from this project a wealth of economic information on Australia, its geographical neighbours and trading partners which can be used in assessing Australia's economic performance and role in a global context. This project will result in internationally comparable real income, co ....Construction of Consistent Panels of Real Gross Domestic Product and its Components at Current and Constant Prices. The Australian government, international organizations, private sector and academic researchers will find from this project a wealth of economic information on Australia, its geographical neighbours and trading partners which can be used in assessing Australia's economic performance and role in a global context. This project will result in internationally comparable real income, consumption, investment and government expenditures spanning all years since 1950 and covering over 180 countries based on an econometric methodology that is superior to those currently in use. Successful completion of the project will place the research team, the University of Queensland and Australia on the international map.Read moreRead less