Economic Papers - Economic Society of Australia articles

Recent articles from Economic Papers - Economic Society of Australia

Between forced resumption and voluntary sale: a mechanism for the collective sale or transfer of irrigation water.(Report)
December 1, 2008... 1 Introduction The Murray--Darling basin is in crisis in south-eastern Australia, with environmental flows desperately needed. The Commonwealth Government has allocated $500m to the Murray--Darling Basin Commission (MDBC) for the purchase of 500 gigalitres (GL) of water for annual...

FuelWatch: evidence-based-policy or policy-based-evidence?(Report)
December 1, 2008... 1 Introduction Stilgoe, Irwin and Jones (2006) provide a detailed discussion of evidence based policy in the United Kingdom and the United States that sets the context for this paper. They document cases where expert evidence was often reshaped and repackaged by governments so that it...

Gauging economic performance under changing terms of trade: real gross domestic income or real gross domestic product?(Report)
December 1, 2008... 1 Introduction By the June quarter of 2008 Australia's terms of trade had risen by 64% since the June quarter of 2002, to reach their highest level since 1950-1951. (2) What is the significance of this sudden surge? How is its impact best measured? To answer that question it is advisable...

Shared services in Australian local government: a case study of the Queensland Local Government Association Model.(Report)
December 1, 2008... 1 Introduction National and state-based inquiries into the finances of Australian local government have found that not only are a large number of local councils financially unsustainable, but that local infrastructure maintenance and replacement have been the worst affected area of...

An approach to teaching monetary policy since deregulation.(Report)
December 1, 2008... 1 Introduction There has been a monumental change to Australia's macroeconomic landscape since the full institution of deregulation. Deregulation has ushered in a competitive banking system and, as a consequence, it has also ushered in full endogenisation of the money supply. Despite...