ARC Future Fellowships - Grant ID: FT230100545

Funding Activity

Website
http://dataportal.arc.gov.au/NCGP/Web/Grant/Grant/FT230100545

Funding Status
Active

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Funded Activity Summary

Understanding Business Dynamism: Drivers and Macroeconomic Implications. Business dynamism – the process of firm entry, growth and exit – is key for productivity as it moves jobs and capital from less to more efficient uses. But, business dynamism (and with it growth in productivity and living standards) has slowed in many countries, including Australia. Grasping the reasons and economic effects of this is a challenge. This Project aims to reshape our thinking about business dynamism, its drivers, and how it impacts the economy – from sources of long-run productivity growth and the cleansing effect of firm exit, to how climate risks impact business dynamism. The delivered empirical facts and models will aid policy design for reviving business dynamism, underpinning potentially large societal and economic gains.

Funded Activity Details

Start Date: 01-06-2024

End Date: 31-05-2028

Funding Scheme: ARC Future Fellowships

Funding Amount: $1,108,598.00

Funder: Australian Research Council

Research Topics

ANZSRC Field of Research (FoR)

Applied economics | Macroeconomics (incl. monetary and fiscal theory)

ANZSRC Socio-Economic Objective (SEO)

Other Keywords

Applied economics | Economic Growth | Expanding Knowledge In Economics | Macroeconomics (incl. monetary and fiscal theory)

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