Indigenous community organisations and miners: Partnering sustainable regional development? The project applies an innovative social sciences framework to an analysis of how Indigenous community organisations in remote Australia can better develop capacity to maximise the sustainable benefits of adjacent long-life mines. The roles of mining companies, governments and other stakeholders, as well as Indigenous organisations, in maintaining social capital within communities experiencing development ....Indigenous community organisations and miners: Partnering sustainable regional development? The project applies an innovative social sciences framework to an analysis of how Indigenous community organisations in remote Australia can better develop capacity to maximise the sustainable benefits of adjacent long-life mines. The roles of mining companies, governments and other stakeholders, as well as Indigenous organisations, in maintaining social capital within communities experiencing development strain associated with economic, social and environmental impacts of mining will be investigated. The project will make an important theoretical contribution to refining an emerging framework that includes the key element 'social capital'. Practical recommendations for policy change that facilitate better socio-economic outcomes will be provided.Read moreRead less
Investigating the Concordance and Transmission of International Business Cycles. Business cycle recessions are costly. Apart from the economic cost, there is the devastating social and psychological impact of unemployment on individuals and families. The 1990/91 recession cost Australia somewhere between $25 and $30 billion in lost output and resulted in a half a million additional unemployed. Australia will certainly experience another recession and, given its openness to international influenc ....Investigating the Concordance and Transmission of International Business Cycles. Business cycle recessions are costly. Apart from the economic cost, there is the devastating social and psychological impact of unemployment on individuals and families. The 1990/91 recession cost Australia somewhere between $25 and $30 billion in lost output and resulted in a half a million additional unemployed. Australia will certainly experience another recession and, given its openness to international influences, it is likely that it will originate elsewhere in the world. In delivering a greater understanding of the interdependencies in international business cycles, the project will assist economic policymakers in their efforts to ameliorate Australia's next recession. Read moreRead less
Can Electronic Point-of-Sale (POS) Data Improve the Australian Consumer Price Index? This project will investigate how new sources of data can be used to improve the accuracy of price indexes that are used in policy formation, such as the consumer price index. The adoption of bar-code labelling for products has provided statistical agencies with an information-rich source of 'scanner data' on prices and quantities of purchased goods. In collaboration with the Australian Bureau of Statistics, thi ....Can Electronic Point-of-Sale (POS) Data Improve the Australian Consumer Price Index? This project will investigate how new sources of data can be used to improve the accuracy of price indexes that are used in policy formation, such as the consumer price index. The adoption of bar-code labelling for products has provided statistical agencies with an information-rich source of 'scanner data' on prices and quantities of purchased goods. In collaboration with the Australian Bureau of Statistics, this project will develop mathematical and statistical methods for exploiting this new data source. The findings will contribute to the improvement of price indexes, and subsequently the many government policies that depend on these indexes.Read moreRead less
Understanding market mechanisms and determinants of transaction costs to achieve greater efficiency in Australian fixed-income markets. This project will provide information to policymakers and regulators, enabling the evolution of optimal fixed-income markets, with significant benefits for individuals and the national economy. These benefits will be both short-term (current wealth) and long-term (retirement saving). It will promote Australia as the leader in constructing optimal fixed-income ma ....Understanding market mechanisms and determinants of transaction costs to achieve greater efficiency in Australian fixed-income markets. This project will provide information to policymakers and regulators, enabling the evolution of optimal fixed-income markets, with significant benefits for individuals and the national economy. These benefits will be both short-term (current wealth) and long-term (retirement saving). It will promote Australia as the leader in constructing optimal fixed-income markets, which can be applied to similar markets around the world. Finally, training research students will develop research infrastructure in Australia, and contribute to produce a generation of specialists who will increase Australia's international standing in financial research and its ability to manage an increasingly complex economy.Read moreRead less
Estimation of School Cost Functions. The main objective of the project is to determine the efficient school size for government schools. To achieve this cost functions for WA government schools will be estimated. Knowledge of the cost functions will shed light on whether regional non-government schools are disadvantaged by Federal and Sate funding models, the impact of school size and expenditure on outcomes and the extent of savings or costs as the enrolment shares of private and public schools ....Estimation of School Cost Functions. The main objective of the project is to determine the efficient school size for government schools. To achieve this cost functions for WA government schools will be estimated. Knowledge of the cost functions will shed light on whether regional non-government schools are disadvantaged by Federal and Sate funding models, the impact of school size and expenditure on outcomes and the extent of savings or costs as the enrolment shares of private and public schools changes. Knowledge of the latter is critical to the proper functioning of the Enrolment Benchmark Adjustment (EBA) used to address cost-shifting in Commonwealth-State education funding arrangements.Read moreRead less
Scanner Data in the Consumer Price Index: How to expand and improve their use. The Consumer Price Index (CPI) is used in a variety of policy contexts, such as setting interest rates and determining the level of welfare payments, as well as by private industry for determining wages. The CPI is aggregate measure of price changes. It is typically constructed using survey data, which is a small sample of all the goods purchased. Electronic recording of sales, using scanned product bar codes, provide ....Scanner Data in the Consumer Price Index: How to expand and improve their use. The Consumer Price Index (CPI) is used in a variety of policy contexts, such as setting interest rates and determining the level of welfare payments, as well as by private industry for determining wages. The CPI is aggregate measure of price changes. It is typically constructed using survey data, which is a small sample of all the goods purchased. Electronic recording of sales, using scanned product bar codes, provides a huge amount of price and quantity information that potentially can be used to construct an improved CPI, and hence improved policies. The project includes the collaboration of the Australian Bureau of Statistics and the Central Bureau of Statistics (The Netherlands).Read moreRead less
Understanding market mechanisms to achieve greater efficiency in the Australian residential real-estate market. This project will provide information to policy-makers, vendors and purchasers, enabling the evolution of an optimal real-estate market, with significant benefits for individuals and the national economy. These benefits will be both short-term (current wealth) and long-term (retirement saving). It will promote Australia as the leader in constructing optimal, efficient real-estate marke ....Understanding market mechanisms to achieve greater efficiency in the Australian residential real-estate market. This project will provide information to policy-makers, vendors and purchasers, enabling the evolution of an optimal real-estate market, with significant benefits for individuals and the national economy. These benefits will be both short-term (current wealth) and long-term (retirement saving). It will promote Australia as the leader in constructing optimal, efficient real-estate markets, which can be applied to similar real-estate markets around the world. Finally, training a research student will develop research infrastructure in Australia, and be a contribution to producing a generation of specialists who will add to Australia's international standing in financial research and its ability to manage an increasingly complex economy.Read moreRead less
General Purpose Technologies, Complementarities and the Convergence of Industries: A Comparative Study of Information Technology, Biotechnology and Nanotechnology. Modern economies are being transformed by several waves of new, converging general purpose technologies such as information technology, biotechnology and nanotechnologies. This project will undertake a comparative analysis of four aspects of this process: the pattern of development and convergence, the extent of industry concentratio ....General Purpose Technologies, Complementarities and the Convergence of Industries: A Comparative Study of Information Technology, Biotechnology and Nanotechnology. Modern economies are being transformed by several waves of new, converging general purpose technologies such as information technology, biotechnology and nanotechnologies. This project will undertake a comparative analysis of four aspects of this process: the pattern of development and convergence, the extent of industry concentration of activity in particular regions, the implications for firm strategy and options for policy responses. The underlying objective is to provide a knowledge base for Australian firms and governments, to guide strategies to enable Australia to develop a competitive position in these emerging technologies and industries.Read moreRead less
Creating effective local labour markets - a new framework for regional employment policy. The Project will develop a new framework for designing regional employment policy aimed at providing effective solutions to persistently high unemployment across Australia. It will integrate the renewed international focus on public employment strategies and local partnerships with existing and other emerging policy directions. The international experience in adapting national employment policy to local con ....Creating effective local labour markets - a new framework for regional employment policy. The Project will develop a new framework for designing regional employment policy aimed at providing effective solutions to persistently high unemployment across Australia. It will integrate the renewed international focus on public employment strategies and local partnerships with existing and other emerging policy directions. The international experience in adapting national employment policy to local conditions and the feasibility of local public job creation will be evaluated. The findings will refine a proposal for a Community Development Job Guarantee. The Project will develop innovative assessment mechanisms for matching the local unemployed with local job opportunities to enhance regional labour market outcomes.Read moreRead less
Human Decision-Making Processes and Outcomes in the Oil and Gas Industry. A new theoretical framework, including a new Decision Taxonomy and the development of a new measure of decision quality, will be used to underpin a study of decision processes and outcomes in the oil & gas industry, and to explore the relationship between them. Processes and outcomes will be evaluated in both a controlled laboratory setting that replicates the characteristics of real decision environments, and by analysing ....Human Decision-Making Processes and Outcomes in the Oil and Gas Industry. A new theoretical framework, including a new Decision Taxonomy and the development of a new measure of decision quality, will be used to underpin a study of decision processes and outcomes in the oil & gas industry, and to explore the relationship between them. Processes and outcomes will be evaluated in both a controlled laboratory setting that replicates the characteristics of real decision environments, and by analysing actual historical decisions made in oil & gas and other industrial settings. If successful the results will ultimately lead to the safe, responsible and optimal performance of the oil & gas industry in particular, and for other industries with similar characteristics.
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