Discussion Paper Series
Economics and Business Statistics
The Economics and Business Statistics Discussion Paper Series
The Economics and Business Statistics Discussion Paper Series hosts work in progress and preliminary research findings by researchers and associates of the Department, with the aim of stimulating useful discussion and helpful comment among the community of scholars, policymakers and practitioners.
Papers by Year
Title | Author(s) | Description |
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2024-01: Introducing a personal income tax in a small oil-rich economy: Incidence, Efficiency and Equity. | George Verikios, Marc Jim Mariano and Jodie Patron | Oman has a growing population and a heavy reliance on the oil and gas sectors that has witnessed low oil prices in recent years. This has contributed to a fall in government revenue per person and a deterioration in the government’s fiscal position. A personal income tax (PIT) may provide the government with a mechanism to raise revenue and address the budget deficit. |
2024-02: Financial Inclusion and Economic Growth: Evidence from Asian Countries. | Dananjani Basnayake, Athula Naranpanawa, Saroja Selvanathan and Jayatilleke Bandaralage | Over the past few decades, the role of financial inclusion in achieving inclusive economic growth has been widely recognized, especially in developing countries. Despite the importance of financial inclusion, there seem to be few empirical studies regarding this, with a focus on the Asian region. Therefore, this study discusses the impact of financial inclusion on the economic growth of 28 Asian countries using the Financial Access Survey (FAS) data from 2004 to 2019. |
2024-03: Mobile Banking Apps and the Informal Economy | Shawn Hunter, Andreas Chai, Peter Morgan, Nicholas Rohde | Reducing preference for cash and supporting the adoption of digital financial services can help achieve financial inclusion while also diminishing economic informality. However, previous evidence suggests that increased access to formal banking services has not resulted in an immediate reduction in usage of informal services. |
2024:04: Who uses mobile payment apps in Developing Countries? | Shawn Hunter, Andreas Chai, Peter Morgan, Sameer Deshpande, Nicholas Rohde | Financial inclusion is a key developmental objective for many low- and middle-income countries. It is generally believed that improving general education and financial literacy (knowledge of banking and financial systems) will translate into greater participation rates in various forms of digital finance. |
Title | Author(s) | Description |
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2023-01: Economic Insecurity, Nativism, and the Erosion of Institutional Trust. | Nicholas Rohde | We study markers of economic insecurity and nativism as factors explaining recent declines in institutional confidence. Taking microdata from 64 middle and upper-income nations, we show that hostility towards immigrants/immigration and a synthetic measure of economic insecurity are both significant predictors of individual level institutional mistrust. |
2023-02: Are Input-Output Coefficients Really Fixed? | Mark Jim M. Mariano, George Verikios and Kenneth W. Clements | It is standard practice to treat input-output (I-O) coefficients as fixed. We show this is unwarranted and offer a simple way of allowing for variable coefficients. Using 25 years of IO tables for Australia, we present prime facie evidence that coefficients change substantially. |
Title | Author(s) | Description |
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2022-01: Economic Insecurity, Populism and Public Trust: an Experimental Approach | Alessio Rebechi, Nicholas Rohde and Conchita D’Ambrosio | This paper tries to experimentally analyses the role of perceived economic insecurity in shaping political attitudes. Specifically, we are interested in testing whether feeling of economic insecurity led to increased populist attitudes and distrust via racial anxiety. |
2022-02: Macroeconomic Shocks and Income Distribution: the Case of Coronavirus in Australia. | George Verikios and Marc Jim M. Mariano | The coronavirus (COVID-19) pandemic brought economic recession that affected nations, businesses, and households globally. The severity of this global economic crisis is large and the impact has been asymmetric across socioeconomic groups. We examine distributional effects of the COVID-19 pandemic across household types using a specially-designed model that combines macro (computable general equilibrium) and micro (heterogenous households) approaches. |
Title | Author(s) | Description |
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2021-01: Multi-generational Socioeconimic Inequalities in Australian Health Outcomes. | Namal N. Balasooriya, Jayatilleke S. Bandara, Nichols Rohde | This paper studies multigenerational health transmission mechanisms in Australian panel data. Using inequality–of–opportunity (IOP) models, we demonstrate that grandparental socioeconomic status (SES) is an important determinant of personal health, even after controlling for health and SES at the parental level. |
2021-02: Transmission of Socioeconomic Inequality. | Nicholas Rohde, Pravin Trivedi, KK Tang, Prasada Rao | This paper studies the roles of cognitive and non-cognitive skills in the intergenerational transmission of socioeconomic status. Using Australian microdata, we model the effects of individuals’ backgrounds on adult income. Cognitive/non-cognitive skills are then examined as (i) additional direct determinants, (ii) path variables that transmit effects from other sources, and (iii) modifiers capturing heterogeneity across psychologically different individuals. |
2020-03: Child Gender, Egalitarian Attitudes and Economic Inequalities. | Nicholas Rohde | We study the effects of gender composition of children on the sociopolitical attitudes of their parents. Having daughters significantly increases parental support for gender-egalitarian viewpoints, a result that holds across a range of different indicators. |
2021-04: Economic Insecurity, Racial Anxiety and Right-Wing Populism. | Alessio Rebechi, Nicholas Rohde | This paper studies the roles of economic insecurity and attitudes to racial inequality as predictors of voting patterns in the 2016 US election. Using data from the 2016 Voter Survey, we show that both perceptions of economic insecurity, and concerns over anti-white discrimination, are significant correlates of Republican support. |
2021-05: Expenditure Patterns, Heterogeneity and Long-Term Structural Change. | Kenneth W. Clements, Marc Jim M. Mariano and George Verikios | The simplicity and parsimony of the linear expenditure system (LES) of consumer demand accounts for its influence and popularity in numerous applications. But the model struggles to deal adequately with heterogeneity mainly because of its linear Engel curves. In this paper we deal with the issue by disaggregating consumers according to their income. |
2021-06: Understanding the Australian economy - a computable general equilibrium model. | George Verikios, Kevin Hanslow, Marc Jim M. Mariano and Kenneth Clements. | This document describes the theory, data and parameters of a multi-sectoral model of the Australian economy. |
2021-07: Who is buying electric vehicles in Australia? | Anna Mortimore, Shyama Ratnasiri and Md Sayed Iftekhar | Electric vehicle (EV) adoption is one of the most effective strategies to reduce CO2 emissions. To devise appropriate policy measures to accelerate the adoption of EVs, it is necessary to understand the motives and experiences of early adopters. |
2021-08: Financial inclusion and income inequality nexus: A case of Africa. | Jeleta Kebede, Athula Naranpanawa and Sara Selvanathan | Reducing income inequality to ensure everyone enjoys the dividend of economic growth is among the priorities in achieving Sustainable Development Goals. Recently, using an inclusive financial system as an instrument to promote inclusive growth has become a global policy priority. |
2021-09: The determinants of foreign direct investment: A review and re-analysis of evidence from Australia. | Zac Rafidi and George Verikos | Foreign direct investment (FDI) is foundational to economic growth. Despite this, the Australian empirical literature is limited. Therefore we examine the empirical determinants of Australia’s inflow of FDI to understand the factors that motivate FDI. |
Title | Author(s) | Description |
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2020-01: Long-run growth prospects for the UK's regions. | Ian Hurst and Garry Young | The UK faces a number of economic challenges in the short- to medium-term. Renegotiation of trading arrangements with the European Union is the most prominent of these. We build on existing macroeconomic analysis of these challenges by projecting the future effects on the UK’s regions. The forecasts are generated by combining a global macroeconometric model and a regional computable general equilibrium of the UK. |
2020-02: A multi-sector model of the United Kingdom: Theory, data and parameters. | George Verikios, Kevin Hanslow, Daniel Bahyl and Reza Gharibnavaz | This document describes the theory, data and parameters of a multi-sectoral model of the four countries of the United Kingdom – England, Scotland, Wales and Northern Ireland. The four countries are represented as separate economies linked by inter-regional trade flows. |
2020-03: Explaining inequalities in COVID-19 mortality between U.S. States. | Anita Staneva and Fabrizio Carmignani | The U.S. has the most confirmed cases of coronavirus in the world, and all the states have been affected in varying degrees, including the death rates. Washington, New York, Oklahoma, have COVID-19 deaths rates of over 4.5%, which is three times higher than Tennessee and Texas death rates, of 1.8%.1 It is unknown whether such inequalities reflect differences between states in their population characteristics, socio-economics, health, and tobacco environmental or all of these. |
2020-04: Financial inclusion: Measure, and nexus with bank market structure in Africa. | Jeleta Kebede, Athula Naranpanawa and Saroja Selvanathan | Financial inclusion is increasingly receiving global policy priority recently because it enables access to financial services such as savings, payments, risk management and credit to households and firms with a wide range of needs. However, we are not aware of any study related to measure of financial inclusion and the effects of bank market power and bank asset concentration on financial inclusion in Africa. |
2020-05: Foreign-domestic subscription, import penetration and CGE modelling. | Kenneth Clements, Marc Jim Mariano and George Verikios | Foreign-domestic substitution elasticities (the so-called “Armington elasticities”) determine the degree of competitiveness in demand between similar products produced in different countries and are key parameters in a variety of numerical models of international trade. |
2020-06: Estimate the linear expenditure system with cross-sectional data. | Kenneth W. Clements, Marc Jim M. Mariano and George Verikios. | The linear expenditure system (LES) is a popular model for analysing consumer behaviour in relation to changes in prices and income. The first part of this paper provides a comprehensive review of LES, including its positive and negative attributes. Emphasis is placed on the application to cross-section data where there is no price variation. |
Title | Author(s) | Description |
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2019-01: Australia's ice epidemic and the detrimental mental health effects of recent use. | Thomas Massey and George Verikios | This work applies propensity score matching to assess the impact of methamphetamine on mental health. Using Australian microdata from the 2013 National Drug Strategy Household Survey, Kessler scores of recent and non-recent methamphetamine users are analysed after controlling for confounding variables. |
2019-02: The Impact of Sectoral Government Expenditure on Economic Growth - Evidence from Sri Lanka. | S Tharshan, W L M A Liyanage, P G K Nilanka, E A Selvanathan, M Jayasinghe and S Selvanathan | This paper investigates the impact of sectoral government expenditure on economic growth using Sri Lanka as a case study. For this purpose, we use Sri Lankan data at the national and sectoral levels for the period 1985-2016 |
2019-03: An Empirical Analysis of the Impact of Total Debt on the Economic Growth of Sri Lanka. | R.D. Asanka Maithreerathna, P. Chamika Mummullage, Athula Naranpanawa, Chandika Gunasingheqqqq | |
2019-04: Revenue Based Fiscal Consolidation and Economic Growth in Sri Lanka. | Kasun Kumarasiri, Ruchira L Weerasekara, Chaturika Ranaweera and Tilak Liyanaarachchi | Public debt is one of the key fiscal policy variables that can be influence the economic growth of any country. For this reason, policymakers and economists have worried about the relationship between debt and growth. Empirical studies of the relationship between debt and growth have, however, been recently contested because of their mixed results; negative vs positive and linear vs non-linear. |
2019-05: Developing an Energy Poverty Index for Queensland. | Andreas Chai, Suzanne Bonner, Shane Tennet, Shyama Ratnasiri and Liam Wagner | This paper conducts a regional micro simulation model exercise that delivers estimates energy poverty levels across regional Queensland in a number of different dimension including: estimates of the number of households experiencing energy poverty in a region, the ability of households across regions to adapt to rising prices (price elasticity); and the number of households experiencing mortgage distress. |
2019-06: Nappies, books and wrinkles: How children, qualifications and age affect female underemployment in Australia. | Parvinder Kler, Azhar Hussain Potia, Sriram Shankar | Using 2001-17 panel data, this paper investigates the determinants of underemployment among females in part-time employment. This is a matter of policy relevance given the high and growing rate of part-time employment in Australia and the preponderance of females in this work role. |
Title | Author(s) | Description |
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2018-01: Dual mode delivery in introductory statistics: Design and evaluation. | Tommy Soesmanto and Suzanne Bonner | In recent years, the Australian tertiary education sector embraced the gradual adaption of the dual mode system in course delivery in universities and higher degree education providers. In such systems, students have the option, as well as the flexibility, to undertake the same course in a face-to-face environment and/or an online environment. This paper presents an evaluation of the dual mode design of a first year business statistics course delivered at Griffith University. |
2018-02: Household consumption patterns and the sectoral composition of growing economies: A review of the interlinkages. | Andreas Chai | This study has three goals: first, we review how the composition of final demand tends to evolve as household income grows. Second we discuss what implications these trends in demand have for the industrial composition of growing economies. Finally, we discuss how these evolving consumption patterns are themselves linked to a range of demographic, geographic, and social factors that may account for observed differences in the cross country consumption patterns. |
2018-03: Climate change, crop productivity and regional growth disparity in Bangladesh: What does a district-level regional CGE model tell us? | Sudeshna Paul, Athula Naranpanawa, Jay Bandaralage and Tapan Sarker | Regarding the Agriculture sector in Bangladesh, climate change has been portrayed as having one of the most potentially significant negative impacts on the national macroeconomic environment. However, while the existing literature makes reference to estimations of the impacts of climate change on the national economy, it has presented little detailed evidence regarding its impacts on different regions or regional disparities. |
2018-04: The Triple Aim framework in the context of primary healthcare: A systematic literature review. | M Obucina, N Harris, JA Fitzgerald, A Chai, K Radford, A Ross, L Carr, N Vecchio | The Triple Aim framework is an increasingly popular tool for designing and assessing quality improvements in the health care sector. We systematically reviewed the empirical evidence on the application of the Triple Aim framework within primary healthcare settings since its inception almost a decade ago. |
2018-05: Australian immigrants' labour market success: Does occupation matter? | T Kifle, P Kler and CM Fleming | This paper utilises the occupational attainment approach to investigate immigrant labour market assimilation, complementing other assimilation approaches such as employability, earnings, skills-match and job satisfaction. |
Title | Author(s) | Description |
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2017–12: Underemployment and its impact on job satisfaction: An Australian study on part-time employment | T Kifle, P Kler and S Shankar | Utilising 2001-14 Household, Income and Labour Dynamics in Australia panel data, this study investigates the phenomenon of underemployment among part-time employees, and its impact on job satisfaction. Whilst the Macroeconomic effects are readily understood in terms of labour under-utilisation, underemployment has potential deleterious effects at the personal level on workplace productivity, should the underemployed suffer from lower levels of job satisfaction relative to the non-underemployed. |
2017–11: The importance of periodicity in modelling infectious disease outbreaks | George Verikios | The economic effects of pandemic influenza, a regularly recurring form of infectious disease, are analysed. Epidemiological and economic models are linked to capture the transmission of the pandemic from regional populations to regional economies. |
2017–10: PIIGS in the Euro area. An empirical DSGE model | Alice Albonico, Alessia Paccagnini and Patrizio Tirelli | We build up and estimate a two-region DSGE model of the Euro area, investigating the interactions between the peripheral countries (PIIGS) and the rest of EMU. Our main focus is on the 2008-2009 Önancial crisis and on the subsequent 2010-sovereign bond crisis. |
2017–09: Subprime mortgages and banking in a DSGE model | Martino N Ricci and Patrizio Tirelli | Can a DSGE model replicate the financial crisis effects without assuming unprecedented and implausibly large shocks? Starting from the assumption that the subprime crisis triggered the financial crisis, we introduce balance-sheet effects for housing market borrowers and for commercial banks in an otherwise standard DSGE model. |
2017–08: The effect of inadequate access to healthcare services on emergency room visits in Australia | Nerina Vecchio and Nicholas Rohde | To estimate the influence of inadequate access to healthcare services on the rate of Emergency Room (ER) hospital visits in Australia. |
2017–07: Student satisfaction and online teaching | Ross Guest, Nicholas Rohde, Saroja Selvanathan and Tommy Soesmanto | This paper presents a preliminary analysis of the response of student satisfaction scores to online delivery for courses at a large Australian university. |
2017–06: Revisting the debt-growth nexus: Empirical evidence from Sri Lanka | Panagodage Janaka Sampath Fernando, Hasthimuni Nadeeka De Silva, Athula Naranpanawa and Chandika Gunasinghe | In this paper we analyze the impact of public debt on economic growth in Sri Lanka with special emphasis on the quality of borrowing and uses of borrowing. |
2017–05: Modelling the inbound tourism demand in Sri Lanka | Anushiya Sireeranhan, Jeyapiratheepa Antonarulrajah, EA Selva Selvanathan and Saroja Selvanathan | Sri Lanka is one of the most popular tropical tourism destinations, due to its’ abundance of natural and cultural tourist attractions. |
2017–04: Incidence of value added taxation on inequality: Evidence from Sri Lanka | P Sivashankar, RMPS Rathnayake, Maneka Jayasinghe and Christine Smith | Tax income plays an integral part in the generation of government revenue. Nevertheless, an increase in tax rates, more specifically those of the consumption tax such as Value Added Tax (VAT) can have an adverse impact on the welfare of households, particularly in developing countries with a higher proportion of poor households |
2017–03: Demand for seafood exports in Sri Lanka: Has Sri Lanka gained competitiveness after civil war? | Hasara Rathnasekara, Madhavie Herath, Shyama Ratnasiri and Ranjika Walisinghe | Since liberalization of trade barriers in 1977, Sri Lanka has attempted to formulate policies to expand the export sector significantly. |
2017–02: Decomposing the marginal excess burden of the GST | George Verikios, Jodie Patron and Reza Gharibnavaz | We estimate the marginal excess burden of the GST and its components. Our results show that the GST is highly distortionary in its treatment of intermediate inputs and investment, but is efficient as applied to household consumption |
2017–01: The saturation of spending diversity and the truth about Mr Brown and Mrs Jones | Andreas Chai, Christian Kiedaisch and Nicholas Rohde | Several cross country studies show that rising household income leads to consumption spending being spread more evenly across different spending categories(Clements et al., 2006). We argue that this result is likely due to aggregation. |
Title | Author(s) | Description |
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2016–05: An empirical investigation of labor shortage in the manufacturing sector in Sri Lanka | Athula Ranasinghe, Sunimalee Madurawala, Jen Je Su and Thushara Senadeera | Using a countrywide sample survey of enterprises, this study finds empirical evidence that the manufacturing sector in Sri Lanka is facing a serious labor shortage problem. |
2016–04: Explaining estimated economies of scale and scope in higher education: A meta-regression analysis | Liang-Cheng Zhang, Andrew C Worthington | Numerous studies have investigated economies of scale and scope in higher education as a means of providing public and private providers of college and university teaching and research and their stakeholders with knowledge of the cost structures that underpin provision in this economically and socially important sector. However, debate continues on the precise nature of these economies of scale and scope given the mixed findings, largely because of the significant institutional and other differences in the chosen context. |
2016–03: Empirical analysis of Australian consumption patterns | Lucille Wong, Eliyathamby A Selvanathan, Saroja Selvanathan | |
2016–02: Fiscal consolidation and Australia's optimal public debt | Anthony J Makin | |
2016–01: The self-reinforcing dynamics of economic insecurity and obesity | Nicholas Rohde, KK Tang and Lars Osberg | This paper models the dynamic effects of economic insecurity on bodyweight. Using Australian panel data, we infer an individual’s level of economic insecurity as a function of exposure to various financial risks and employ regression equations to explore its effect upon current period |
Title | Author(s) | Description |
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2015–07: Socio-economic consequences of labor migration in Uzbekistan | Muzaffar Ahunov, Jakhongir Kakhkharov, Ziyodullo Parpiev and Inna Wolfson | This paper attempts to look closely at socio-economic consequences of migration and remittance decisions of the Uzbek households |
2015–06: SLCGE - Tourism: A computable general equilibrium model of the Sri Lankan economy for tourism policy analysis | Sriyantha Fernando, Jayatilleke S Bandara, Christine Smith and Tien Pham | Following the end of nearly three decades of civil war in May 2009, Sri Lanka has witnessed an unprecedented post-war tourism boom beyond its expectation. Recognising the key role that the tourism industry can play in post-war development the Sri Lankan government launched a Tourism Development Strategy (TDS). |
2015–05: The impact of trade liberalisation on labour markets and poverty in Sri Lanka | Tilak Liyanaarachchi, Athula Naranpanawa and Jayatilleke S Bandara | This paper revisits the long standing controversy of trade and poverty linkage using a macro-micro approach based on general equilibrium and microsimulation analytical frameworks. |
2015–04: Managing congestion on Gold Coast beaches: An economic evaluation | Karin Josephine Andersson, Nathan Brierley, Feliks Hedstroem, Daniel Herr and Joshua Risson | This report investigates the costs of beach congestion, with an emphasis on surfers and general beach goers. The estimates of the costs of beach congestion are used to assess the cost effectiveness of measures to reduce congestion. |
2015–03: Agricultural productivity and pro-poor regional growth: A computable general equilibrium analysis of India | Athula Naranpanawa | Recent focus on poverty alleviation under the United Nations Millennium Development Goals has led to a renewed interest in understanding the regional or State level economic impacts of agricultural productivity improvements within the context of emerging and developing countries. However, the empirical evidence on this linkage has been ambiguous. |
2015–02: Can trade liberalisation bring benefits to the war affected regions and create economic stability in post-war Sri Lanka? (International Journal of Social Economics) | Athula Naranpanawa and Jayathileka S Bandara | |
2015–01: Is it vulnerability or economic insecurity that matters for health? | Nicholas Rohde, Lars Osberg, KK Tang and Prasada Rao | This paper contrasts the mental and physical health impacts of vulnerability and economic insecurity. Vulnerability refers to exposure to economic risks for individuals just above the poverty line, while insecurity relates to risk exposure at any point in the income distribution. |
Title | Author(s) | Description |
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2014–10: Beyond the millennium development goals: Regionally inclusive economic growth for lasting peace and prosperity in Sri Lanka | Deeptha Wijerathna, Jayatilleke S Bandara, Christine Smith and Athula Naranpanawa | Similar to many other developing countries, Sri Lanka has agreed to stream line its development process in order to achieve the eight millennium development goals (MDGs) by 2015. Even though the country is well on its way in achieving a number of MDG targets at the national level, it has to think beyond these goals in overcoming the long lasting regional economic disparities. |
2014–09: The impact of remittances in financial development: The case of transition economics of Central and Eastern Europe and former Soviet Union | Jakhongir Kakhkharov | The enormous scale and remarkable growth of remittances to developing and transition economies in the last decade have attracted the attention of policy-makers and scholars. |
2014–08: Does government expenditure multiply output and employment in Australia? | Fabrizio Carmignani | The debate on the use of fiscal policy as a tool of macroeconomic stabilization is quite vehement in Australia and abroad. This paper contributes to the discussion by estimating the response of Australian GDP and employment to government consumption shocks. |
2014–07: Trends in the distribution of multidimensional development indices in sub-Saharan Africa | Daniel Bahyl, Katarzyna Ptasinska and Daniel Roos | This paper considers the progress of poverty alleviation in Sub-Saharan Africa using multidimensional indices. |
2014–06: The effect of economic insecurity on mental health: Recent evidence from Australian panel data | Nicholas Rohde, Kam Ki Tang, Lars Osberg and DS Prasada Rao | This paper estimates the impact of economic insecurity on the mental health of Australian adults. |
2014–05: The spatial curse of natural resources | Fabrizio Carmignani | What are the macroeconomic implications of having a resource-rich neighbour? The voluminous literature on the curse of natural resources exclusively focuses on “domestic” effects; that is, how resource intensity in country i affects country i’s development. |
2014–04: Web-enhanced procrastination? How online lecture recordings affect binge study and academic achievement | Andreas Chai | The recent introduction of online lecture recordings have endowed students with greater flexibility about when they can access learning material and what type of tasks they can undertake during private study. Consistent with behavioral models of intertemporal choice, we find evidence that this new technology alters study behavior in two respects. |
2014-03: Estimating remittances in the former Soviet Union: Methodological complexities and potential solutions (Working paper) | Kakhkharov, Jakhongir, Akimov, Alexandr | Remittances in the former Soviet Union have increased rapidly over the past decade. In some countries of the former Soviet Union, remittances have reached staggering levels. |
2014–02: The Geographical spillover of armed conflict in sub-Saharan Africa | Fabrizio Carmignani and Parvinder Kler | Anecdotal accounts of the geographical spread of war inevitably involve Sub-Sahara African countries. But is the conflict spillover effect effectively stronger in SubSaharan Africa than elsewhere? |
2014–01: Economic growth and poverty in Vietnam: Evidence from elasticity approach | Minh Son Le, Duc Tho Nguyen and Tarlok Singh | Vietnam transitioned into a market economy in 1986 from a centrally planned economy, and subsequently achieved remarkable outcomes in economic development in the 1990s. |
Title | Author(s) | Description |
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2013–06: Demand for primary health care in rural north India: Jointly modelling revealed preference and qualitative choice intentions | Richard A Iles | The combined analysis of revealed preference and qualitative choice data offer complementary features in addressing data shortages and reliability constraints faced in many Low-Middle Income Countries. The lack of data for rural north India’s primary health care market provides a context in which this joint modelling is advantageous. |
2013–05: Stated choice design comparison in a developing country: Attribute nonattendance and choice task dominance | Richard A Iles and John M Rose | |
2013–04: Going beyond the zero-sum game: Flexisecurity as a tool for worker advancement in the Asia-Pacific region | Parvinder Kler | The history of social and economic advancement for all members of society, particularly the working class has one of uneven and patchy development. Indeed, since the industrial revolution inadvertently brought forth the ingredients for potential collective action, to the present period of globalisation and post-industrialisation the world has borne witness to periods of both cordial and fraught relations between labour and owners of capital. |
2013–03: Surrounded by wars: Quantifying the role of spatial conflict spillovers | Fabrizio Carmignani and Parvinder Kler | We apply panel estimation methods to test how the incidence of war in neighbourhood countries affects the incidence of war in the domestic country. |
2013–02: Estimating the cost of air pollution in South East Queensland: An application of the life satisfaction non-market valuation approach | Christopher L Ambrey, Christopher M Fleming and Andrew Yiu-Chung Chan | Making use of data from the Household, Income and Labour Dynamics in Australia (HILDA) survey coupled with air pollution data generated by The Air Pollution Model (TAPM), this paper employs the life satisfaction approach to estimate the cost of air pollution from human activities in South East Queensland. |
2013–01: The life satisfaction approach to estimating the cost of crime: An individual's willingness-to-pay for crime reduction | Christopher L Ambrey, Christopher M Fleming and Matthew Manning | This paper is motivated by the need to develop an improved model for estimating the intangible costs of crime. |
Title | Author(s) | Description |
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2012–11: Financial development and economic growth in Fiji: New empirical evidence | Neelesh Gounder | This paper examines whether financial development promotes economic growth in Fiji over the period 1970 to 2005. |
2012–10: Valuing ecosystem diversity in South East Queensland: A life satisfaction approach | Christopher L Ambrey and Christopher M Fleming | The valuation of complex environmental goods represents a considerable challenge for conventional non-market valuation techniques. The use of life satisfaction (or happiness) data has recently emerged as a new means of placing monetary values on non-market goods and services. |
2012–09: The lucky country? Life satisfaction in Australia 2001-2010 | Christopher L Ambrey and Christopher M Fleming | Employing data from the Household, Income and Labour Dynamics in Australia (HILDA) survey, this paper examines the level, determinants and distribution of selfreported life satisfaction, as well as the prevalence and severity of dissatisfaction in Australia over the period 2001-2010. |
2012–08: Transaction costs can encourage Coasean bargaining | Alex Robson | When there are three parties, it is well known that the Coase Theorem may not hold even when there are no transaction costs, due to the emptiness of the core of the corresponding cooperative game [Aivazian and Callen (1981)]. We show that the standard Coasean bargaining game involving three parties is strategically equivalent to an asymmetric three player majority game. |
2012–07: Contests between players with mean-variance preferences | Alex Robson | We study contests between players who care only about the mean and variance of lotteries. This framework admits situations where players may not obey the axioms of expected utility maximization. |
2012–06: Measuring the macroeconomic costs of banking crises | Andrew Smith | Fractional Reserve Banking – the system of banking where depositors place their money at a bank for, ostensibly, a short time, but the bank lends it out for periods of perhaps up to 30 years – has been with us since, at least, London goldsmiths developed the practice in the 17th century. |
2012–05: The determinants of household consumption and poverty in Fiji | Neelesh Gounder | This paper uses household survey data to model the determinants of household consumption and poverty in Fiji. |
2012–04: The curse of being landlocked: Institutions rather than trade | Fabrizio Carmignani | The prevailing view in policy circles is that landlockedness is bad for development because it reduces trade. This paper shows that other channels of transmission are likely to be important and, possibly, quantitatively larger and statistically stronger than the trade channel. |
2012–03: Valuing Australia's protected areas: A life satisfaction approach | Christopher L Ambrey and Christopher M Fleming | This paper uses the life satisfaction approach to value Australia’s protected areas, grouped by IUCN protected area management category. |
2012–02: Conspicuous consumption and the distribution of income within social groups | Andreas Chai and Wolfhard Kaus | This paper explores the relationship between the dispersion of group income and conspicuous consumption levels of individuals in multi-group settings. Consistent with existing finding we find a negative relationship between income dispersion and conspicuous consumption. |
2012–01: Public greenspace and life satisfaction in urban Australia | Christopher L Ambrey and Christopher M Fleming | This paper examines the influence of public greenspace on the life satisfaction of residents of Australia’s capital cities. |
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2011–10: Vietnam's SCIC: A gradualist approach to sovereign wealth funds | DT Nguyen, Tran-Phuc Nguyen and Jeremy Nguyen | Vietnam’s State Capital Investment Corporation (SCIC) was established in 2005, with the primary goal of helping the authorities to make, under market conditions, the most of state capital investments in business enterprises. |
2011–09: Economies of scale and scope in Australian urban water utilities | Andrew C Worthington and Helen Higgs | This paper estimates economies of scale and scope for 55 major Australian urban utilities over the period 2005/06 to 2008/09. |
2011–08: Efficiency, technology and productivity change in Australian urban water utilities | Andrew C Worthington | In this paper, we investigate productivity growth in 55 major Australian urban water utilities using nonparametric frontier techniques over the period 2005/06 to 2008/09. |
2011–07: Output and income disparities across the states of Malaysia, 1972–2009 | George Hooi, DT Nguyen and Jen Je Su | In this paper we investigate disparities in output and income across the states of Malaysia during the past four decades, using several different methods, including the log-t test proposed recently by Phillips and Sul (2007, 2009), and data for a range of variables. |
2011–06: Shifts in exchange rate regime and inflation persistence in Vietnam, 1992–2010 | Tran-Phuc Nguyen, DT Nguyen, Jen Je Su and Tarlok Singh | A number of studies have found that more flexible exchange rate regimes (ERRs) tend to be associated with greater inflation persistence. In this paper we investigate whether that proposition applied in the case of Vietnam over the period 1992-2010. |
2011–05: Reviving a wants-based empirical approach to analysing household spending | Andreas Chai | This paper develops a new approach to the analysis of how households tend to diversify their spending: the approach is to measure empirically how widely their total spending is distributed across different expenditure categories. |
2011–04: Rationing access to protected natural areas: A case study | Christopher M Fleming | In many regions the problem of unrestrained recreational use of protected natural areas remains largely unresolved. This is despite considerable evidence that unrestrained levels of visitation can be unsustainable, both in terms of impact on the environment and on the recreational experience. |
2011–03: Valuing scenic amenity using life satisfaction data | Christopher L Ambrey and Christopher M Fleming | The life satisfaction approach has recently emerged as a new technique in the suite of options available to non-market valuation practitioners. |
2011–02: Fiscal stimulus: An overlapping generations analysis | Ross Guest and Anthony J Makin | Motivated by the revival of Keynesian-inspired fiscal activism in response to the global financial crisis of 2008-09, this paper analyses stylised simulations of fiscal stimulus using an overlapping generations model that allows for feedback effects of stimulus spending on intertemporal consumption decisions of households, via the tax rate, wages and the interest rate. |
2011–01: The influence of the natural environment and climate on life satisfaction in Australia | Christopher L Ambrey and Christopher M Fleming | The narrative of the twentieth century is dominated by three key trends: population growth, economic growth and urbanisation. Moreover, these trends are expected to continue well into the twenty-first century. |