An economic analysis of multi-period reform programs. This project aims to use a mechanism design approach to study multi-period reform programs and their use in the transition from status quo institutions. The project intends to shed light on the difficulties of introducing efficiency enhancing long-term policies. Expected outcomes include theoretical models that incorporate adjustment costs, common values, and complicated status quo institutions into models of economic reform from a mechanism ....An economic analysis of multi-period reform programs. This project aims to use a mechanism design approach to study multi-period reform programs and their use in the transition from status quo institutions. The project intends to shed light on the difficulties of introducing efficiency enhancing long-term policies. Expected outcomes include theoretical models that incorporate adjustment costs, common values, and complicated status quo institutions into models of economic reform from a mechanism design perspective as well as optimal dynamic reform policies in the presence of these frictions, focusing attention in the trade-off between static efficiency and dynamic welfare gains. Intended benefits include insights that are wildly applicable to the provision of public infrastructure and management of public resources.Read moreRead less
Market Contingent Hierarchies: Theory and Evidence. Operating in a small open economy trying to pursue an export-led strategy for economic growth, Australian firms are increasingly exposed to the types of market uncertainties that are the subject of this project. Australian firms cannot rely on economies of scale developed through large domestic markets but must instead depend on innovation and organisational nimbleness to exploit opportunities as they appear. This project will develop and test ....Market Contingent Hierarchies: Theory and Evidence. Operating in a small open economy trying to pursue an export-led strategy for economic growth, Australian firms are increasingly exposed to the types of market uncertainties that are the subject of this project. Australian firms cannot rely on economies of scale developed through large domestic markets but must instead depend on innovation and organisational nimbleness to exploit opportunities as they appear. This project will develop and test with Australian data the organisational theories necessary for the international success of Australian firms. Read moreRead less
Modelling the APEC Digital Divide. Study of private sector motivation for the uptake of ICT is helpful in formulating regulatory and commercial responses to foster growth of competitive information-using and information-producing industries. The project will help clarify the relative benefits of production and use of ICT. Additionally, in an APEC context, analysis of the digital divide will inform policy appropriate to enhancing Australia's contribution to the region. The general purpose infor ....Modelling the APEC Digital Divide. Study of private sector motivation for the uptake of ICT is helpful in formulating regulatory and commercial responses to foster growth of competitive information-using and information-producing industries. The project will help clarify the relative benefits of production and use of ICT. Additionally, in an APEC context, analysis of the digital divide will inform policy appropriate to enhancing Australia's contribution to the region. The general purpose information technology of the Internet network is fast evolving into the enabling technology of choice for innovation and creative applications of a platform for communication and electronic transactions.Read moreRead less