Analysis of Possible Rules for Interstate Water Trading by the Australian Capital Territory. Rules will be studied and modelled for allowing ACT water trading with other states, within an agreed abstraction cap. The aim is to find administrative, constraining and price-setting rules that maximise the economic gain of trading to Australia, bearing in mind environmental constraints, infrastructure costs, transaction costs, and equity. Innovative challenges for the rules will be allowing ACT to se ....Analysis of Possible Rules for Interstate Water Trading by the Australian Capital Territory. Rules will be studied and modelled for allowing ACT water trading with other states, within an agreed abstraction cap. The aim is to find administrative, constraining and price-setting rules that maximise the economic gain of trading to Australia, bearing in mind environmental constraints, infrastructure costs, transaction costs, and equity. Innovative challenges for the rules will be allowing ACT to sell water now but buy it back later, thus providing for long term population growth; and handling the differences between ACT's spare storage capacity and urban uses, and the downstream irrigation uses with which trade is most likely.Read moreRead less
Economics of Conserving Australian Tropical Wildlife: An Analysis of the Role of Economic Valuation, Property Rights and Commercialisation. Australian tropical native animals are selected to analyse economic valuation (use and non-use valuation) of wildlife species and to assess systematically the role of property rights and commercialisation in conservation. The project will (1) reduce bias of Australian economic studies in favour of temperate species; (2) answer several unresolved questions ra ....Economics of Conserving Australian Tropical Wildlife: An Analysis of the Role of Economic Valuation, Property Rights and Commercialisation. Australian tropical native animals are selected to analyse economic valuation (use and non-use valuation) of wildlife species and to assess systematically the role of property rights and commercialisation in conservation. The project will (1) reduce bias of Australian economic studies in favour of temperate species; (2) answer several unresolved questions raised in the Parlimentary Report on Commercial Utilisation of Australian Wildlife; (3) advance economic theory (e.g. relating to dynamic influences on economic valuation) and provide new insights into property rights making use of empirical and experimental results, and (4) thereby contribute to public policy decision-making.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
Solving the water crisis in Australian cities and towns with options contracts between urban and rural water users. We will equip water resource managers with a powerful and effective tool for the allocation of water resources between rural and urban sectors. The importance of this bridge cannot be understated. To date urban centres have endured stringent water restrictions to manage dwindling urban suppliers, while ignoring the potential benefits of purchasing water from the irrigated agricul ....Solving the water crisis in Australian cities and towns with options contracts between urban and rural water users. We will equip water resource managers with a powerful and effective tool for the allocation of water resources between rural and urban sectors. The importance of this bridge cannot be understated. To date urban centres have endured stringent water restrictions to manage dwindling urban suppliers, while ignoring the potential benefits of purchasing water from the irrigated agriculture sector. Furthermore, rural communities have suffered hardship due to restricted agricultural production during times of drought. This research proposal represents an exciting solution to both problems and offers the tantalising prospect of water shortages in our capital cities and towns becoming distant memories.Read moreRead less
A Universal Approach to Sustainable Development: Economic, Environmental, and Social Indicators in Australia and Southeast Asia. Sustainable development has implications for all facets of society and yet is in real danger of becoming a hollow catch cry. A significant reason for this is the lack of operational and standard indicators across a broad spectrum of economic, environmental and social realms. The major innovation of this work will be the incorporation of social choice theory based on re ....A Universal Approach to Sustainable Development: Economic, Environmental, and Social Indicators in Australia and Southeast Asia. Sustainable development has implications for all facets of society and yet is in real danger of becoming a hollow catch cry. A significant reason for this is the lack of operational and standard indicators across a broad spectrum of economic, environmental and social realms. The major innovation of this work will be the incorporation of social choice theory based on revealed preferences into defining and measuring sustainable development in Australia and Southeast Asia. This project will benefit both state and national governments, as well as non government organisations, interested in sustainable development and future social welfare.Read moreRead less
Sustainable reform of the Murray-Darling system: Property rights, uncertainty and institutions. The project will develop tools for the modelling of uncertainty in the absence of probabilities and with imperfect knowledge about possible events. It will also formalise and assess the precautionary principle for the sustainable management of complex systems. Finally, the project will apply these tools to analyse and improve policies for the reform of property rights, institutions and land and water ....Sustainable reform of the Murray-Darling system: Property rights, uncertainty and institutions. The project will develop tools for the modelling of uncertainty in the absence of probabilities and with imperfect knowledge about possible events. It will also formalise and assess the precautionary principle for the sustainable management of complex systems. Finally, the project will apply these tools to analyse and improve policies for the reform of property rights, institutions and land and water management in the Murray?Darling system. The project will assist in the formulation of sustainable responses to problems of drought and irrigation related salinity in the Murray?Darling system.Read moreRead less
Towards better multidimensional well-being measurement. The research will develop enhanced multidimensional measures of well-being and provide guidance that will significantly improve their use and interpretation. It will provide insights that will better inform policies aimed at higher well-being levels.
Institutions for Food Security: Global Lessons from Rural India. Between 2006 and 2008, global progress in combating world hunger stalled. World food prices increased by 71.4% and an additional 115 million people joined the ranks of the undernourished. This is a human tragedy which has fuelled political and economic turmoil across many countries. India has 28% of the world's hungry, and is an increasingly important economic and political partner to Australia. This research will involve a team of ....Institutions for Food Security: Global Lessons from Rural India. Between 2006 and 2008, global progress in combating world hunger stalled. World food prices increased by 71.4% and an additional 115 million people joined the ranks of the undernourished. This is a human tragedy which has fuelled political and economic turmoil across many countries. India has 28% of the world's hungry, and is an increasingly important economic and political partner to Australia. This research will involve a team of Australian researchers working with Indian counterparts to develop a framework that explains what causes risk and resilience to food insecurity, and offers practical insights for policy-makers. Read moreRead less
A benefit-cost analysis of the Early Years Education Program. This project undertakes a benefit-cost analysis of the Early Years Education Program (EYEP). EYEP is an innovative early years education and childcare program for children at risk of abuse and neglect that is being trialled by the Children’s Protection Society in Melbourne. The use of the randomised evaluation method in the trial, the innovative and extensive nature of EYEP, the inter-disciplinary research team, and the breadth of dat ....A benefit-cost analysis of the Early Years Education Program. This project undertakes a benefit-cost analysis of the Early Years Education Program (EYEP). EYEP is an innovative early years education and childcare program for children at risk of abuse and neglect that is being trialled by the Children’s Protection Society in Melbourne. The use of the randomised evaluation method in the trial, the innovative and extensive nature of EYEP, the inter-disciplinary research team, and the breadth of data collection, provide the opportunity to complete a high quality benefit-cost analysis that will be internationally unique. Results from the study have the potential to influence the design of childcare and education for 30,000 at-risk children in Australia, as well as informing approaches in regular childcare.Read moreRead less
Discovery Early Career Researcher Award - Grant ID: DE120101642
Funder
Australian Research Council
Funding Amount
$375,000.00
Summary
Army service, employment incentives and veterans' life outcomes: a natural experiment. This project will analyse the complex long-run effects of Australia's conscription ballots on the lives of conscripts and their families. Treating the ballots as 'natural experiments', it will consider direct effects of army service, including service in Vietnam and the effects of incentives created by veterans' compensation on a range of outcomes.