Economic Papers - Economic Society of Australia articles from December 2008

Economic Papers - Economic Society of Australia archives from December 2008

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...

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...

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...

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...

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...

Is the decline in the frequency of draws in test match cricket detrimental to the long form of the game?(Report)
December 1, 2008... 1 Introduction and Previous Literature During the 'glory days' of cricket in the 1980s, while there was still much fan interest in Test Cricket, One-Day Internationals (ODIs) seemed a far more glamorous television spectacle. Maybe it was...

Measuring the equity burden in public service provision: the case of New Jersey toll roads.
December 1, 2008... 1 Introduction The basic research questions addressed in this paper are: (1) How can equity in public services be measured? and (2) How equitable is the provision of particular public services by particular agencies? We begin to answer...

Financial reforms in an emerging economy: the case of Malaysia.(Report)
December 1, 2008... 1 Introduction The focus of this paper is on financial reforms in Malaysia after the 1997 East Asian Financial Crisis, when the economy suffered its worst recession since independence in 1957. The 1997 currency crisis has been seen--by...