Effective and efficient corporate tax enforcement. This project uses economic theory and experimental tests in order to inform tax authorities on how to best audit tax receipts from corporations. The project will result in advice on how audit resources should be allocated across firms, if minimising corporate tax evasion and at the same time maximising social welfare are the authority's objective.
A dynamic understanding of labour market mobility of new migrants. Australia is an immigrant country. Despite this, we know little about the factors that enable some migrants to integrate quickly and successfully into the labour market, while others do not. This project will use an excellent set of longitudinal data that follow new migrants over a period of three and a half years. It will apply sophisticated panel data econometric techniques to identify the causes of their success or otherwise ....A dynamic understanding of labour market mobility of new migrants. Australia is an immigrant country. Despite this, we know little about the factors that enable some migrants to integrate quickly and successfully into the labour market, while others do not. This project will use an excellent set of longitudinal data that follow new migrants over a period of three and a half years. It will apply sophisticated panel data econometric techniques to identify the causes of their success or otherwise in the labour market. It will also examine the link between labour market success and the overall settlement experience, including satisfaction with life in Australia, of migrants.Read moreRead less
Estimating the impact of fiscal stimulus on household expenditure. The tax bonus payments of the $42 billion Nation Building and Jobs Plan were among the largest fiscal policy packages in the developed world. This project applies a new methodology to estimate the short-term impact of this cash handout on consumer spending, allowing better modelling of the Australian economy.
Measuring the triple bottom line: an investigation of social, environmental and economic outcomes in the South Australian electricity market. The project will investigate the social, economic and environmental performance of the South Australian electricity market. It will track the impact of the implementation of full retail contestability in the SA electricity market. It will provide a suite of measurement tools for consumer groups to analyse market outcomes.
Impacts of changing water ownership and reforms on Australian water markets. Water markets play a critical role in helping Australia’s food bowl survive periods of severe drought. This project aims to evaluate how the Murray-Darling Basin water markets performed, in terms of the impact of water ownership, and investigate how water reforms have affected rural communities over the past two decades. Expected outcomes include a clearer understanding on how different water ownership structures impact ....Impacts of changing water ownership and reforms on Australian water markets. Water markets play a critical role in helping Australia’s food bowl survive periods of severe drought. This project aims to evaluate how the Murray-Darling Basin water markets performed, in terms of the impact of water ownership, and investigate how water reforms have affected rural communities over the past two decades. Expected outcomes include a clearer understanding on how different water ownership structures impact price and price volatility of water, market power, economic welfare of water traders, and what social and economic impacts water reforms in the past decades have in the Basin. The findings will provide critical evidence for evaluating future water reforms, building resilient rural communities and safeguarding food security.Read moreRead less
Improving Choice Models: Multiple Goal Pursuit and Multi-Stage Decision Processes. This project aims to develop new econometric models of choice behaviour that recognise individuals adopt “how to decide” strategies when choosing between alternatives. Existing models simplistically assume that people evaluate all goods and choose the best of them, when in fact they ignore some goods, select what information is relevant, pursue multiple goals, and otherwise deviate from the assumptions commonly ma ....Improving Choice Models: Multiple Goal Pursuit and Multi-Stage Decision Processes. This project aims to develop new econometric models of choice behaviour that recognise individuals adopt “how to decide” strategies when choosing between alternatives. Existing models simplistically assume that people evaluate all goods and choose the best of them, when in fact they ignore some goods, select what information is relevant, pursue multiple goals, and otherwise deviate from the assumptions commonly made in econometric models. Filling in this significant gap in the choice modelling literature constitutes a significant contribution to improving our understanding of human decision making and policy analysis in every area of human endeavour.Read moreRead less
Transitioning to a water-secure future in the Basin. Increased water scarcity threatens the viability of the Murray-Darling Basin. There has been little analysis conducted of the consequences of water market impediments. The economic dimensions of trade impediments, water management, water market intervention and the net social benefits of water markets are at the core of this project. In particular, this project aims to explore: the impact of impediments and policy in water markets; how further ....Transitioning to a water-secure future in the Basin. Increased water scarcity threatens the viability of the Murray-Darling Basin. There has been little analysis conducted of the consequences of water market impediments. The economic dimensions of trade impediments, water management, water market intervention and the net social benefits of water markets are at the core of this project. In particular, this project aims to explore: the impact of impediments and policy in water markets; how further water market products may increase water market efficiency; and, the nature and sources of transactions costs in markets. Benefits from this project will enhance resilience and adaptation of irrigators to future climate change and water shortages, as well as providing future policy guidance.Read moreRead less
Accounting for preference seperability in stated choice experiments. This project aims to unite three separate streams of applied economic research into a single framework in order to develop a micro-economically consistent framework for demand forecasting and analysis. Forecasting demand to improve product performance or policy impacts requires realistic representations of how humans actually make choices. Combining theories of preference separability with recent developments in both activity a ....Accounting for preference seperability in stated choice experiments. This project aims to unite three separate streams of applied economic research into a single framework in order to develop a micro-economically consistent framework for demand forecasting and analysis. Forecasting demand to improve product performance or policy impacts requires realistic representations of how humans actually make choices. Combining theories of preference separability with recent developments in both activity and time use modelling and stated choice techniques, the project plans to develop new insights into consumer equilibrium as well as new econometric methods to test for the assumption of preference separability. Project outcomes would lead to an improved understanding of consumer behaviour as well as demand forecasting, with benefits to studies involving the need for benefit cost comparisons.Read moreRead less
Discovery Early Career Researcher Award - Grant ID: DE160100213
Funder
Australian Research Council
Funding Amount
$335,000.00
Summary
Optimising the National Benefits From Restoring Environmental Water Flows. The project plans to evaluate strategies that may maximise the national benefits from restoring environmental flows in Australia’s Murray–Darling Basin (MDB). MDB water supply is characterised by prolonged droughts and flood events, and future climatic projections anticipate that these water supply events will intensify. As the uncertainty of future water supply increases, it is important that the volume of water provided ....Optimising the National Benefits From Restoring Environmental Water Flows. The project plans to evaluate strategies that may maximise the national benefits from restoring environmental flows in Australia’s Murray–Darling Basin (MDB). MDB water supply is characterised by prolonged droughts and flood events, and future climatic projections anticipate that these water supply events will intensify. As the uncertainty of future water supply increases, it is important that the volume of water provided by the portfolio of water rights is known. By examining how decision-makers adapt to water supply uncertainty, optimal management strategies could be determined for watering key ecological assets, trading water between irrigators and the government; and private and public investments.Read moreRead less
Price-Setting Rules and Allocative Efficiency in Oligopolies. This project aims to investigate under which circumstances restrictions on how often firms can change prices increase competition in an oligopoly and bring down prices. For this, we propose the use of laboratory experiments with a novel design followed by field experiments and a real price-data analysis for external validation. This study will result in both the advancement of theory describing how firms compete in dynamic oligopolies ....Price-Setting Rules and Allocative Efficiency in Oligopolies. This project aims to investigate under which circumstances restrictions on how often firms can change prices increase competition in an oligopoly and bring down prices. For this, we propose the use of laboratory experiments with a novel design followed by field experiments and a real price-data analysis for external validation. This study will result in both the advancement of theory describing how firms compete in dynamic oligopolies and practical policy advice on how price setting rules can be used to improve consumer welfare. This project has the potential to generate sizable benefits to Australian consumers, as the resulting policy advice would be applicable to large markets such as those for petrol, groceries and online retail.Read moreRead less