Tackling the Tough Problems in Productivity Measurement: Infrastructure, Services and R&D. Productivity is seen as a main driver of economic growth and welfare improvements. Productivity indexes are used in a variety of policy contexts, in particular in determining the effectiveness (or otherwise) of government policies. Most industrialized countries have productivity accounts, but measurement problems persist and may even be more problematic in the future given an expansion in new goods and ser ....Tackling the Tough Problems in Productivity Measurement: Infrastructure, Services and R&D. Productivity is seen as a main driver of economic growth and welfare improvements. Productivity indexes are used in a variety of policy contexts, in particular in determining the effectiveness (or otherwise) of government policies. Most industrialized countries have productivity accounts, but measurement problems persist and may even be more problematic in the future given an expansion in new goods and services. Improved productivity measurement and an improved understanding of its sources can inform aggregate and regional policy. The project includes collaboration with the Australian Bureau of Statistics and the Productivity Commission, with the participation of the Reserve Bank of Australia.Read moreRead less
An investigation of the impacts of increased power supply to the national grid by wind generators on the Australian electricity industry. The aim of this project is to discover the most economical and effective way to accommodate large increases in wind power into the national grid and to understand the effects on the national electricity market. This is crucial to ensure stability of electricity supply and affordable prices in the transition towards a low carbon economy.
Talking about place: tapping human knowledge to enrich national spatial data sets. Place descriptions are a common way for people to describe a location, but no current tools are smart enough to understand them. Emergency call centres are risking lives, users of navigation or web services are frustrated and addressing these problems costs billions of dollars per year. This project comes with a novel, interdisciplinary approach to automatically interpret human place descriptions and will develop ....Talking about place: tapping human knowledge to enrich national spatial data sets. Place descriptions are a common way for people to describe a location, but no current tools are smart enough to understand them. Emergency call centres are risking lives, users of navigation or web services are frustrated and addressing these problems costs billions of dollars per year. This project comes with a novel, interdisciplinary approach to automatically interpret human place descriptions and will develop novel methods to capture placenames with their meaning for smarter databases and automatic interpretation procedures. This acquired knowledge will be an important step forward for Australia's data custodians and users. Australia's location information industry will gain a significant advantage on a highly competitive global market.Read moreRead less