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  Subjects -> POLITICAL SCIENCE (Total: 888 journals)
    - CIVIL RIGHTS (10 journals)
    - INTERNATIONAL RELATIONS (106 journals)
    - POLITICAL SCIENCE (748 journals)
    - POLITICAL SCIENCES: GENERAL (24 journals)

POLITICAL SCIENCE (748 journals)                  1 2 3 4 | Last

Showing 1 - 200 of 281 Journals sorted alphabetically
A Contracorriente     Open Access   (Followers: 1)
Ab Imperio     Full-text available via subscription   (Followers: 1)
Acta Borealia: A Nordic Journal of Circumpolar Societies     Hybrid Journal   (Followers: 1)
Acta Politica Estica     Open Access  
Acta Universitatis Sapientiae, European and Regional Studies     Open Access   (Followers: 1)
Administrative Science Quarterly     Full-text available via subscription   (Followers: 148)
Affirmations : of the modern     Open Access   (Followers: 1)
AFFRIKA Journal of Politics, Economics and Society     Full-text available via subscription   (Followers: 1)
Africa Conflict Monitor     Full-text available via subscription   (Followers: 3)
Africa Insight     Full-text available via subscription   (Followers: 14)
Africa Institute Occasional Paper     Full-text available via subscription   (Followers: 2)
Africa Renewal     Free   (Followers: 5)
Africa Review : Journal of the African Studies Association of India     Hybrid Journal   (Followers: 1)
Africa Today     Full-text available via subscription   (Followers: 16)
African Affairs     Hybrid Journal   (Followers: 59)
African Conflict and Peacebuilding Review     Full-text available via subscription   (Followers: 11)
African Diaspora     Open Access   (Followers: 8)
African East-Asian Affairs     Open Access   (Followers: 6)
African Identities     Hybrid Journal   (Followers: 11)
African Journal of Democracy and Governance     Full-text available via subscription   (Followers: 4)
African Journal of Rhetoric     Full-text available via subscription   (Followers: 2)
African Renaissance     Full-text available via subscription   (Followers: 2)
African Yearbook of Rhetoric     Full-text available via subscription   (Followers: 1)
Africanus     Full-text available via subscription   (Followers: 2)
Afrique contemporaine : La revue de l'Afrique et du développement     Full-text available via subscription   (Followers: 2)
Agenda Política     Open Access  
Agenda: A Journal of Policy Analysis and Reform     Full-text available via subscription   (Followers: 1)
Agrarian South : Journal of Political Economy     Hybrid Journal   (Followers: 1)
Akademik İncelemeler Dergisi     Open Access   (Followers: 1)
Alternatives : Global, Local, Political     Hybrid Journal   (Followers: 16)
Altre Modernità     Open Access   (Followers: 3)
América Latina Hoy     Open Access   (Followers: 2)
American Communist History     Hybrid Journal   (Followers: 19)
American Foreign Policy Interests: The Journal of the National Committee on American Foreign Policy     Hybrid Journal   (Followers: 9)
American Journal of Political Science     Hybrid Journal   (Followers: 271)
American Political Science Review     Hybrid Journal   (Followers: 223)
American Political Thought     Full-text available via subscription   (Followers: 11)
American Politics Research     Hybrid Journal   (Followers: 26)
American Quarterly     Full-text available via subscription   (Followers: 16)
Anacronismo e Irrupción     Open Access  
Analecta política     Open Access  
Análise Social     Open Access   (Followers: 1)
Annales UMCS, Politologia     Open Access  
Annals of the American Academy of Political and Social Science     Hybrid Journal   (Followers: 41)
Annual Review of Economics     Full-text available via subscription   (Followers: 30)
Annual Review of Political Science     Full-text available via subscription   (Followers: 143)
AQ - Australian Quarterly     Full-text available via subscription   (Followers: 1)
Arabian Humanities     Open Access   (Followers: 2)
Arctic Review on Law and Politics     Open Access   (Followers: 1)
Arena Journal     Full-text available via subscription   (Followers: 1)
Asia & the Pacific Policy Studies     Open Access   (Followers: 15)
Asia Minor Studies     Open Access   (Followers: 2)
Asia Policy     Full-text available via subscription   (Followers: 6)
Asia-Pacific Journal : Japan Focus     Open Access   (Followers: 8)
Asia-Pacific Review     Hybrid Journal   (Followers: 13)
Asian Affairs: An American Review     Hybrid Journal   (Followers: 2)
Asian Journal of Comparative Politics     Hybrid Journal   (Followers: 4)
Asian Journal of Political Science     Hybrid Journal   (Followers: 16)
Asian Politics and Policy     Hybrid Journal   (Followers: 12)
Astropolitics: The International Journal of Space Politics & Policy     Hybrid Journal   (Followers: 10)
AUDEM : The International Journal of Higher Education and Democracy     Full-text available via subscription   (Followers: 10)
Aurora. Revista de Arte, Mídia e Política     Open Access  
Australasian Review of African Studies, The     Full-text available via subscription   (Followers: 2)
Australian Journal of International Affairs     Hybrid Journal   (Followers: 24)
Australian Journal of Political Science     Hybrid Journal   (Followers: 15)
Austrian Journal of Political Science     Open Access   (Followers: 2)
Balcanica Posnaniensia Acta et studia     Open Access  
Baltic Journal of European Studies     Open Access  
Bandung : Journal of the Global South     Open Access   (Followers: 1)
Basic Income Studies     Hybrid Journal   (Followers: 9)
Behavioral Sciences of Terrorism and Political Aggression     Hybrid Journal   (Followers: 16)
Beleid en Maatschappij     Full-text available via subscription   (Followers: 2)
BMC International Health and Human Rights     Open Access   (Followers: 6)
Brazilian Political Science Review     Open Access  
Brésil(s)     Open Access   (Followers: 1)
British Journal of Canadian Studies     Hybrid Journal   (Followers: 11)
British Journal of Political Science     Hybrid Journal   (Followers: 148)
British Journal of Politics and International Relations     Hybrid Journal   (Followers: 27)
British Politics     Hybrid Journal   (Followers: 12)
British Review of New Zealand Studies     Full-text available via subscription   (Followers: 3)
Brookings Papers on Economic Activity     Open Access   (Followers: 48)
Bulletin d'histoire politique     Full-text available via subscription   (Followers: 3)
Bustan     Hybrid Journal   (Followers: 1)
Cadernos de Estudos Sociais e Políticos     Open Access  
CADUS - Revista de Estudos de Política, História e Cultura     Open Access  
Cahiers de l'Urmis     Open Access   (Followers: 1)
Cahiers de Sciences politiques de l'ULg     Open Access  
California Journal of Politics and Policy     Hybrid Journal   (Followers: 1)
Cambio 16     Full-text available via subscription   (Followers: 5)
Cambridge Review of International Affairs     Hybrid Journal   (Followers: 18)
Canadian Foreign Policy Journal     Hybrid Journal   (Followers: 5)
Caucasus Survey     Hybrid Journal  
Central and Eastern European Review     Open Access   (Followers: 2)
Central Asian Affairs     Hybrid Journal  
Central Banking     Full-text available via subscription   (Followers: 8)
Central European Journal of Public Policy     Open Access   (Followers: 2)
China : An International Journal     Full-text available via subscription   (Followers: 16)
China perspectives     Open Access   (Followers: 11)
China Quarterly     Hybrid Journal   (Followers: 48)
China Report     Hybrid Journal   (Followers: 10)
China Review International     Full-text available via subscription   (Followers: 8)
China-EU Law Journal     Hybrid Journal   (Followers: 4)
Chinese Journal of Global Governance     Open Access   (Followers: 3)
Chinese Journal of International Politics     Hybrid Journal   (Followers: 9)
Chinese Studies     Open Access   (Followers: 6)
Cittadinanza Europea (LA)     Full-text available via subscription  
Civil Wars     Hybrid Journal   (Followers: 12)
Claremont-UC Undergraduate Research Conference on the European Union     Open Access  
Class, Race and Corporate Power     Open Access   (Followers: 1)
Cold War History     Hybrid Journal   (Followers: 15)
Commonwealth & Comparative Politics     Hybrid Journal   (Followers: 11)
Communication, Politics & Culture     Open Access   (Followers: 13)
Communist and Post-Communist Studies     Hybrid Journal   (Followers: 14)
Comparative Political Studies     Hybrid Journal   (Followers: 152)
Comparative Politics (Russia)     Open Access   (Followers: 5)
Comparative Strategy     Hybrid Journal   (Followers: 8)
Competition & Change     Hybrid Journal   (Followers: 10)
Conferences on New Political Economy     Full-text available via subscription   (Followers: 3)
Confines     Open Access  
Conflict and Society     Full-text available via subscription   (Followers: 1)
Conflict Management and Peace Science     Hybrid Journal   (Followers: 28)
Conflict Trends     Full-text available via subscription   (Followers: 9)
Conflict, Security & Development     Hybrid Journal   (Followers: 356)
Congress & the Presidency: A Journal of Capital Studies     Hybrid Journal   (Followers: 3)
Conjunctions. Transdisciplinary Journal of Cultural Participation     Open Access   (Followers: 3)
Constellations     Hybrid Journal   (Followers: 15)
Contemporary Italian Politics     Hybrid Journal   (Followers: 2)
Contemporary Japan     Hybrid Journal   (Followers: 5)
Contemporary Journal of African Studies     Full-text available via subscription   (Followers: 3)
Contemporary Political Theory     Hybrid Journal   (Followers: 37)
Contemporary Review of the Middle East     Full-text available via subscription   (Followers: 3)
Contemporary Security Policy     Hybrid Journal   (Followers: 15)
Contemporary Southeast Asia: A Journal of International and Strategic Affairs     Full-text available via subscription   (Followers: 20)
Contemporary Wales     Full-text available via subscription   (Followers: 3)
Contenciosa     Open Access  
Contexto Internacional     Open Access  
Cooperation and Conflict     Hybrid Journal   (Followers: 13)
CQ Researcher     Full-text available via subscription   (Followers: 2)
CQ Weekly     Full-text available via subscription  
Criterio Jurídico     Open Access  
Critical Asian Studies     Hybrid Journal   (Followers: 12)
Critical Review : A Journal of Politics and Society     Hybrid Journal   (Followers: 20)
Critical Review of International Social and Political Philosophy     Hybrid Journal   (Followers: 18)
Critical Reviews on Latin American Research     Open Access   (Followers: 3)
Critical Social Policy     Hybrid Journal   (Followers: 34)
Critical Studies on Terrorism     Hybrid Journal   (Followers: 26)
Cuadernos de historia de España     Open Access   (Followers: 4)
Cultura de Paz     Open Access  
Cultural Critique     Full-text available via subscription   (Followers: 9)
Culture Mandala : The Bulletin of the Centre for East-West Cultural and Economic Studies     Open Access  
Décalages : An Althusser Studies Journal     Open Access  
Decolonization : Indigeneity, Education & Society     Open Access   (Followers: 8)
Defence Studies     Hybrid Journal   (Followers: 22)
Defense & Security Analysis     Hybrid Journal   (Followers: 19)
Democracy & Education     Open Access   (Followers: 14)
Democratic Communiqué     Open Access   (Followers: 1)
Democratic Theory     Full-text available via subscription   (Followers: 7)
Democratization     Hybrid Journal   (Followers: 32)
Democrazia e diritto     Full-text available via subscription   (Followers: 2)
Demokratie und Geschichte     Hybrid Journal  
Demokratizatsiya: The Journal of Post-Soviet Democratization     Full-text available via subscription   (Followers: 8)
Der Donauraum     Hybrid Journal  
Der Staat     Full-text available via subscription   (Followers: 13)
Desafíos     Open Access  
Development and Change     Hybrid Journal   (Followers: 47)
Digest of Middle East Studies     Hybrid Journal   (Followers: 11)
Diplomacy & Statecraft     Hybrid Journal   (Followers: 10)
Diplomatic History     Hybrid Journal   (Followers: 19)
Diritto, immigrazione e cittadinanza     Open Access   (Followers: 4)
Dissent     Full-text available via subscription   (Followers: 8)
Diversité urbaine     Full-text available via subscription   (Followers: 1)
Dynamics of Asymmetric Conflict: Pathways toward terrorism and genocide     Hybrid Journal   (Followers: 13)
East European Jewish Affairs     Hybrid Journal   (Followers: 13)
East European Politics     Hybrid Journal   (Followers: 10)
Economia Politica     Hybrid Journal   (Followers: 36)
Ecopolítica     Open Access  
eJournal of eDemocracy and Open Government     Open Access   (Followers: 8)
El Cotidiano     Open Access   (Followers: 1)
Electoral Studies     Hybrid Journal   (Followers: 28)
Em Pauta : Teoria Social e Realidade Contemporânea     Open Access  
Encuentro     Open Access  
Environmental Politics     Hybrid Journal   (Followers: 14)
Equal Opportunities International     Hybrid Journal   (Followers: 3)
Espacios Públicos     Open Access  
Estudios Políticos     Open Access  
Estudios Políticos     Open Access  
Estudos Avançados     Open Access  
Ethical Theory and Moral Practice     Hybrid Journal   (Followers: 18)
Ethics & Global Politics     Open Access   (Followers: 7)
Ethics in Science and Environmental Politics     Hybrid Journal  
Éthique publique     Open Access  
Études internationales     Full-text available via subscription   (Followers: 1)
Eureka Street     Full-text available via subscription   (Followers: 4)
Europe's World     Open Access   (Followers: 1)
European Integration Studies     Open Access   (Followers: 12)
European Journal of American Culture     Hybrid Journal   (Followers: 2)
European Journal of Government and Economics     Open Access   (Followers: 6)
European Journal of International Relations     Hybrid Journal   (Followers: 52)
European Journal of Political Economy     Hybrid Journal   (Followers: 43)
European Journal of Political Research     Hybrid Journal   (Followers: 68)

        1 2 3 4 | Last

Journal Cover Agenda: A Journal of Policy Analysis and Reform
  [1 followers]  Follow
    
   Full-text available via subscription Subscription journal
Published by RMIT Publishing Homepage  [403 journals]
  • Volume 23 Issue 1 - Editor and Editorial Committee
    • PubDate: Thu, 11 May 2017 04:09:34 GMT
       
  • Volume 23 Issue 1 - Section 18C, Human Rights, and Media Reform: An
           Institutional Analysis of the 2011-13 Australian Free Speech Debate
    • Abstract: Berg, Chris; Davidson, Sinclair
      The paper examines two Australian freedom-of-speech controversies between 2011 and 2013 - the debate over section 18C of the Racial Discrimination Act, and the debate over the Gillard Government's print media laws. These controversies featured rhetorical and ideological debate about the limits of free speech and the nature of human rights. The paper applies a 'subjective political economy' framework to these debates in order to trace the effect of increased perceived 'disorder costs' and 'dictatorship costs' of freedomof- speech restrictions. The paper concludes that policy change is driven by exogenous changes in perceived institutional costs. In the case of the Gillard Government's media laws, those costs were borne by the Gillard Government, and one would not expect print media laws to be a major political issue in the absence of a further exogenous shock. In the case of section 18C the revealed dictatorship costs of legislation, which includes the words 'offend' and 'insult', suggest the section 18C controversy will endure.

      PubDate: Thu, 11 May 2017 04:09:34 GMT
       
  • Volume 23 Issue 1 - The optimal size of local government, with special
           reference to New South Wales
    • Abstract: Abelson, Peter
      The paper discusses the major criteria for determining the optimal size of local government, and advances an evidence-based critique of the New South Wales Government's program to reduce the number of local councils.

      PubDate: Thu, 11 May 2017 04:09:34 GMT
       
  • Volume 23 Issue 1 - Reallocating Australia's Scarce Mental Health
           Resources
    • Abstract: Williams, Ruth FG; Doessel, DP
      This paper applies some simple analytical tools from the economists' toolbox to shed some light on a sleeper issue in Australia's mental health sector. The problem is that there are large numbers of people with no diagnosed mental health condition who consume mental health services. imultaneously, there are large numbers of people who have very serious mental health problems who receive no mental health services. This untreated group is often referred to as those with 'unmet need', a much-heard term. We refer to the first group as people with 'met non-need', a term hardly ever heard. Although the solution to the unmet-need problem is the oft-heard call for increased government expenditure, no attention is directed to the wasted expenditure associated with the 'met non-need' group: the met non-need issue is 'the elephant in the room'. We point to an alternative policy response; that is, a reallocation of resources from the met non-need group to the unmet need group. To achieve this, we direct focus upon a structural reform in the processes of supplying mental health services.

      PubDate: Thu, 11 May 2017 04:09:34 GMT
       
  • Volume 23 Issue 1 - China and the Trans-Pacific Partnership Agreement:
           Misfit or missed opportunity?
    • Abstract: Ramasamy, Bala; Yeung, Matthew CH
      If it eventuates the Trans-Pacific Partnership agreement (TPP) will include major economic powerhouses like the US and Japan, but China - the elephant in the room - has been excluded. Our evaluation of how China might fare in the TPP finds that the agreement would be a poor fit at the current stage of China's economic development. Although China would gain both in terms of trade and a reform timetable, some features of this 21st‑century agreement - the assistance given to state-owned enterprises, the standards for labour rights, protection of multinationals against the state and competition laws - would be stumbling blocks in the negotiation process. Thus, being left out of the TPP is no big loss for China.

      PubDate: Thu, 11 May 2017 04:09:34 GMT
       
  • Volume 23 Issue 1 - Real-World Economic Policy: Insights from Leading
           Australian Economists [Book Review]
    • Abstract: Majeed, Omer
      Review(s) of: Real-World Economic Policy: Insights from Leading Australian Economists, edited by Jan Libich.

      PubDate: Thu, 11 May 2017 04:09:34 GMT
       
  • Volume 23 Issue 1 - Great Escape: Health, Wealth, and the Origins of
           Inequality, The [Book Review]
    • Abstract: Palmer, Michael
      Review(s) of: The Great Escape: Health, Wealth, and the Origins of Inequality, by Angus Deaton,

      PubDate: Thu, 11 May 2017 04:09:34 GMT
       
  • Volume 23 Issue 1 - Few Hares to Chase: The Life and Economics of Bill
           Phillips, A [Book Review]
    • Abstract: Cornish, Selwyn
      Review(s) of: A Few Hares to Chase: The Life and Economics of Bill Phillips, by Alan Bollard.

      PubDate: Thu, 11 May 2017 04:09:34 GMT
       
  • Volume 20 Issue 1 - Richard Pomfret, The Age of Equality: The Twentieth
           Century in Economic Perspective
    • Abstract: Hatton, Tim
      Review(s) of: Richard Pomfret, The Age of Equality: The Twentieth Century in Economic Perspective (Belknap Press, 2011)

      PubDate: Thu, 8 Aug 2013 11:24:15 GMT
       
  • Volume 20 Issue 1 - Susan Howson, Lionel Robbins
    • Abstract: Cornish, Selwyn
      Review(s) of: Susan Howson, Lionel Robbins (Cambridge University Press, 2011)

      PubDate: Thu, 8 Aug 2013 11:24:15 GMT
       
  • Volume 20 Issue 1 - Beveridge and the brief life of 'Social Biology' at
           the LSE
    • Abstract: Shearmur, Jeremy
      Sir William Beveridge, 1879-1963, was a distinguished figure in the history of public policy. His 1942 report Social Insurance and Allied Services widely known as the Beveridge Report played a key role in the development of the British welfare state. He was earlier the Director (equivalent to a Vice Chancellor of a British or Australian university) of the London School of Economics. This role throws interesting light both on Beveridge himself, and on issues relating to the financial support of academic research in Britain in the 1930s.

      PubDate: Thu, 8 Aug 2013 11:24:15 GMT
       
  • Volume 20 Issue 1 - Universities as royal courts: A fable
    • Abstract: De Frijters, Paul
      One of the stranger beasts to emerge from education reform in recent decades has been the Australian University. Though there are still about 38 of them left in the wild, they are nevertheless endangered. Indeed, their survival is threatened by self-harm which can extend as far as their taking the axe to perfectly healthy faculties and schools within their domain.

      PubDate: Thu, 8 Aug 2013 11:24:15 GMT
       
  • Volume 20 Issue 1 - Evidence-free policy: The case of the National injury
           insurance scheme
    • Abstract: Harrison, Mark
      The Productivity Commission report 'Disability Care and Support' recommends tort liability be replaced by a compulsory, government-run, no-fault scheme. But theory and evidence indicate moving to a no-fault scheme will increase the accident rate. Even a move from non-risk-rated third-party insurance to non-risk-rated first-party insurance reduces incentives for care. A no-fault scheme is not superior to current policies; genuine reform will need to be informed by law and economics literature.

      PubDate: Thu, 8 Aug 2013 11:24:15 GMT
       
  • Volume 20 Issue 1 - Why Johnny can't regulate: The case of natural
           monopoly
    • Abstract: Ergas, Henry
      This paper examines the difficulties inherent in regulation as a solution to market failure and, especially, to natural monopoly. It highlights the way regulation itself introduces new risks into the supply of natural monopoly services, including the risk of regulatory opportunism, and argues that delegating regulatory functions to 'independent' regulators does not in itself solve those risks.

      PubDate: Thu, 8 Aug 2013 11:24:15 GMT
       
  • Volume 20 Issue 1 - Management of the coastal zone in Byron Bay: The
           neglect of medium-term considerations
    • Abstract: Roche, Kevin; Goodwin, Ian; McAneney, John
      This paper documents the history of coastal management in Byron Bay and its implication for the property rights of landowners and other stakeholders. It finds that, until recently, planning for an uncertain future in a warming climate has overshadowed more immediate issues. The NSW Government has recently signalled its intention to allow individual landowners the right to apply to protect their properties from erosive events, thereby removing the need for councils to invoke statewide sea-level rise projections. But these proposed changes fail to address the medium-term ( 40 years) problem, whilst promoting ad hoc coastal protection measures. This paper argues that medium-term engineering solutions, including beach nourishment to defend some residential areas, should not be ruled out a priori. Parts of the present coastline may well need to be abandoned as they become impractical and too expensive to protect, but it is argued that this time has not yet arrived.

      PubDate: Thu, 8 Aug 2013 11:24:15 GMT
       
  • Volume 20 Issue 1 - Age bias in the Australian welfare state
    • Abstract: Tapper, Alan; Fenna, Alan; Phillimore, John
      This paper uses Australian Bureau of Statistics fiscal incidence figures to track trends across the period 1984 to 2010 in one key aspect of the Australian welfare state whether welfare policies have favoured the elderly at the expense of the young. Our three main findings are: that there has been a substantial shift over this period in favour of the elderly; that this trend has accelerated rapidly in recent years; and that as a result of this accelerated trend, elderly households today are on average well off by comparison with younger households. We see little influence of party politics or ideology on the processes we are describing.

      PubDate: Thu, 8 Aug 2013 11:24:15 GMT
       
  • Volume 20 Issue 1 - Editor and editorial committee
    • PubDate: Thu, 8 Aug 2013 11:24:15 GMT
       
  • Volume 19 Issue 2 - For a charter of modelling honesty
    • Abstract: Ergas, Henry
      In a classic discussion of mathematical models in the social sciences, the philosopher Max Black describes models as metaphors, raising the fundamental, and long-debated, question of in what sense (if any) a metaphor can be 'true' or 'false' (Black 1962). Perhaps the most sensible answer to that question is by Clarke and Primo (2012), who view models in the social sciences as similar to maps - abstractions that describe relationships between entities in a defined space. As with maps, models are to be evaluated not by their inherent resemblance (or lack of it) to 'the original field of thought', but by their fitness for purpose: whether they help us get where we want to go.

      PubDate: Fri, 22 Feb 2013 15:13:48 GMT
       
  • Volume 19 Issue 2 - The academy in decay
    • Abstract: Williams, Ruth FG
      Over several decades diverse strategies have been applied to increase the number of university graduates in Australia. In the 1940s, for example, the Curtin Labor government funded an increased number of scholarships, and, for the first time, women could apply for these scholarships. In the 1960s, the Liberal government under Menzies opened several new universities in outer-metropolitan localities. Funding for postgraduate scholarships was also provided by this government in order to promote research. In 1967, access to tertiary studies increased when (non-university) Colleges of Advanced Education (CAEs) were opened to provide specialist education and preparation for teaching, nursing, accountancy, and so on. In the 1970s, the Whitlam Labor government took a different stance again, abolishing fees in 1974, in a policy that remained in place for 15 years. Donald Meyers (2012) traces the genesis of another such major policy shift in higher education, when just over two decades ago an enterprising politician, John Dawkins, and an academic economist, Bruce Chapman, placed a spotlight on higher education in Australia.

      PubDate: Tue, 19 Feb 2013 09:24:09 GMT
       
  • Volume 19 Issue 2 - Taming volatile capital flows in emerging economies
    • Abstract: Grenville, Stephen
      Just about all economists agree that international trade in goods and services is beneficial and should be unrestricted. There is much less unanimity, however, on the benefits of international capital flows. The volatility and 'sudden stops' experienced over recent decades, especially in emerging economies, have provoked some rethinking. It is argued here that this re-think has much further to go before the analytical discussion fits the reality of capital-flow behaviour and policy comes to grips with the challenge of living with capricious capital flows. Flows to East Asian emerging economies illustrate the argument.

      PubDate: Tue, 19 Feb 2013 09:24:09 GMT
       
  • Volume 19 Issue 2 - Investments in fire management: Does saving lives cost
           lives'
    • Abstract: Ashe, Brian; de Oliveira, Felipe Dimer; McAneney, John
      The total cost of structural fires and bushfires in Australia was estimated at around A$18 billion in 2010, or about 1.5 per cent of GDP. This cost includes some A$16 billion devoted to managing the risk. At the same time, Australia's fire fatality rate of 0.6 per 100 000 of population, already low by international standards, has proved resistant to increasing expenditure on fire management and protection. Following a concern that this expenditure might encompass an overinvestment compared with the real risk, this paper examines the regulatory cost of this investment. Since on average poorer people have worse health outcomes, and governments or companies have no alternative but to pass on increased costs or taxes, it is possible to estimate the lives forgone, on account of an increased mortality rate, of any overinvestment. Adapting a model of Keeney (1997) for Australian conditions, we determine the Australian willingness to spend (WTS) for preventing a loss of a life in the fire space to be between A$20 and A$50 million, depending upon how these costs or taxes are imposed upon the population. If we accept, by way of example, the results of an expert elicitation (Ashe and McAneney 2011) to imply an overinvestment in fire prevention and management of the order of A$4.5 billion per annum (2010 dollars), this excess would imply between 90 and 225 extra fatalities annually. These numbers are of the same order as the annual average number of fire fatalities actually experienced. The analysis shows the importance of carefully evaluating the unintended costs of any new safety regulations and particularly in insuring that the costs are at least grosso modo in line with the purported benefits.

      PubDate: Tue, 19 Feb 2013 09:24:09 GMT
       
  • Volume 19 Issue 2 - The problem of road congestion: The futility of
           'avoidable cost' estimates
    • Abstract: Harrison, Mark
      The Bureau of Infrastructure, Transport and Regional Economics estimates of the costs of road congestion in Australian capital cities ($9.4 billion in 2005 and projected to more than double by 2020) are widely cited. But these projections appear to overstate the problem and provide little, if any, guidance for sound policy development. They are not measures of the net gain from introducing congestion charging. Moreover, such numbers provide no help for evaluating the net benefits of other policies to deal with congestion, such as increasing road capacity. Without efficiency-based cost-benefit analysis of all policies to deal with road congestion, governments run the risk of lowering social welfare.

      PubDate: Tue, 19 Feb 2013 09:24:09 GMT
       
  • Volume 19 Issue 2 - Australia's NBN: Come hell or high water
    • Abstract: Morgan, Kevin
      Are there projects of such self-evident value that they ought to be exempt from even the most rudimentary cost-benefit analysis' Seemingly so, according to the former Finance Minister Lindsay Tanner, as long as it's the National Broadband Network (NBN). In May 2009, a month after Kevin Rudd had announced the $43 billion project, when asked about the absence of a cost-benefit analysis (CBA), Tanner said: 'We had to make the clear decision that said this is the outcome we are going to achieve come hell or high water because it is of fundamental importance to the future of the Australian economy' (quoted in Martin 2010).

      PubDate: Tue, 19 Feb 2013 09:24:09 GMT
       
  • Volume 19 Issue 2 - The treasury-Reserve Bank ATM taskforce report: Would
           it pass a cost-benefit analysis'
    • Abstract: Green, Hugh
      In December 2010 the Commonwealth Government announced that the Reserve Bank of Australia and the Treasury would establish a joint 'ATM Taskforce' to analyse reforms to Australia's ATM market in 2009 which aimed to improve the competition and efficiency of the market by removing interchange fees on ATM transactions, replacing them with direct charges, while at the same time improving the information given to consumers about the costs of transactions at 'foreign' ATMs.

      PubDate: Tue, 19 Feb 2013 09:24:09 GMT
       
  • Volume 19 Issue 2 - Treasury forecasts of company tax revenue: Back of the
           envelope or back to the drawing board'
    • Abstract: Davidson, Sinclair
      The last decade has seen Treasury make large forecast errors when forecasting company tax receipts. This paper demonstrates the source of those errors: Treasury does not model the actual company tax base but rather estimates growth rates for aggregate measures and then makes ad hoc adjustments to Gross Operating Surplus to estimate taxable income. The consequence of this forecasting strategy is that Treasury does not have a detailed understanding of the company income tax.

      PubDate: Tue, 19 Feb 2013 09:24:09 GMT
       
  • Volume 19 Issue 2 - The Treasury's Non-modelling of the Stimulus
    • Abstract: Humphreys, John
      In late 2008 the global financial crisis (GFC) sparked a boom in Keynesian economic commentary and activist fiscal policies. The Australian government responded with an immediate $10.4 billion 'cash-splash' to households (Commonwealth Treasury 2008), followed by a $42 billion 'Nation Building and Jobs Plan', which was to include $12.7 billion more hand-outs as well as a $28.8 billion increase in government capital investment. In total, the government 'stimulus' was estimated to be about $52 billion. If we included all discretionary government spending that happened after the GFC then the number would be far higher.

      PubDate: Tue, 19 Feb 2013 09:24:09 GMT
       
  • Volume 19 Issue 2 - The treasury-KPMG Econtech modelling of the excess
           burden of mining taxation: Some doubts
    • Abstract: Pincus, Jonathan
      The Commonwealth Treasury commissioned KPMG Econtech to model the efficiency of the existing Australian tax system. The report was an input to the 2010 'Henry Review' of the Australian tax system (henceforth AFTS), and proved very influential to both it and (especially) the Rudd government's response to AFTS. That response comprised proposals for a new Commonwealth tax on mining, called the Resource Super Profits Tax (RSPT); a proposal to abolish royalties; and a proposal to reduce the rate of corporate income taxation. Subsequently, Treasury commissioned a second KPMG Econtech report to model the welfare effects of that response.

      PubDate: Tue, 19 Feb 2013 09:24:09 GMT
       
  • Volume 19 Issue 2 - Modelling as Agit-prop: The treasury's role in
           Australia's carbon tax debate
    • Abstract: Ergas, Henry; Robson, Alex
      This paper examines the modelling undertaken by the Commonwealth Treasury of the costs of an Australian emissions trading scheme, published in 'Strong Growth, Low Pollution'. Despite its considerable technical sophistication, we argue that this modelling is primarily an exercise in propaganda: 'the systematic dissemination of selected information to promote a particular doctrine' (Oxford English Dictionary). That propaganda role determined the limited range of questions asked in the modelling, the myriad unrealistic assumptions made in answering those questions, and the limitations imposed on third-party access to the model and data.

      PubDate: Tue, 19 Feb 2013 09:24:09 GMT
       
  • Volume 19 Issue 2 - Editor and editorial committee
    • PubDate: Tue, 19 Feb 2013 09:24:09 GMT
       
  • Volume 19 Issue 1 - Paved with good intentions: The road home and the
           irreducible minimum of homelessness in Australia
    • Abstract: Johns, Gary
      Despite public interest and public inquiries as long ago as the 1989 Human Rights Commission and the consequent increase in funding by the Hawke and subsequent governments, the 2006 rate of homelessness in Australia was 32 per 10 000, only marginally better than the 34.8 per 10 000 of 2001. This article explores the reasons for the apparent failure to fulfil past promises and the weaknesses in current strategy. It argues for an explicit policy framework containing the assumption that there is an irreducible level of homelessness, and that there should be an assessment of the cost-effectiveness, probability of success and timeliness of each known remedy, in order to achieve the irreducible level.

      PubDate: Wed, 8 Aug 2012 09:23:03 GMT
       
  • Volume 19 Issue 1 - Editor and editorial committee
    • PubDate: Tue, 7 Aug 2012 09:38:58 GMT
       
  • Volume 19 Issue 1 - Keynes Hayek. The clash that defined modern economics
           [Book Review]
    • Abstract: Cornish, Selwyn
      Review(s) of: Keynes Hayek. The clash that defined modern economics, by Nicholas Wapshott, (Scribe, 2011)

      PubDate: Tue, 7 Aug 2012 09:38:58 GMT
       
  • Volume 19 Issue 1 - Australia's defence: A review of the 'reviews'
    • Abstract: Ergas, Henry
      The Australian Defence Force is held in high regard; the Department of Defence is not. Longstanding concerns about inefficiency, compounded by a succession of fiascos and bungles, have entrenched the perception that Defence is poorly managed. Earlier attempts at reform have yielded mixed, often disappointing, results (see Ergas and Thomson 2011), and the years since 2009 have seen a series of reviews aimed at improving performance, culminating in 22 defence-related reviews in 2011-12 alone.

      PubDate: Tue, 7 Aug 2012 09:38:58 GMT
       
  • Volume 19 Issue 1 - Citations as a measure of the research outputs of New
           Zealand's economics departments: The problem of 'long and variable lags'
    • Abstract: Tressler, John; Anderson, David L
      The paper explores the merits of utilising citation counts to measure research output in economics in the context of a nationwide research evaluation scheme: the New Zealand Performance-Based Research Fund (PBRF). Citations were collected for all refereed papers produced by New Zealand's academic economists over the period 2000 to 2008, and used to estimate the time-lags in between publication and the flow of citations; to demonstrate the impact of alternative definitions of 'economics-relevant' journals on citation counts; and to assess the impact of citation measures on departmental and individual performance. We conclude that under certain scenarios around 60 per cent of papers received no citations over the period. Our findings suggest that the time-lags between publication and citation make it difficult to rely on citation counts to produce a meaningful measure of output in a PBRF-like research-evaluation framework, especially one based on the assessment of individual academics.

      PubDate: Tue, 7 Aug 2012 09:38:58 GMT
       
  • Volume 19 Issue 1 - Australia's 2009 ATM reforms: Transparency for
           transparency's sake
    • Abstract: Green, Hugh
      This paper reviews the effectiveness of the reforms to the Australian ATM of early 2009. Data indicate that consumers have acted on the more transparent display of fees by shifting their transactions towards fee-free ATMs provided by their own financial institution, thereby reducing the fees they pay, at the cost of added travel costs. But although consumer surplus has increased, the overall result has been a less-efficient use of the ATM network: banks have lost the whole fall in fee revenue, while consumers have gained only the fee saving, less the extra travel costs. Further, the promise of lower fees did not eventuate, and there was no significant increase in availability of ATMs. Nonetheless, the reforms have been hailed as a success because of the increased pricing transparency in the market. This paper questions the worth of increased transparency when prices are inefficient and welfare loss is the consequence.

      PubDate: Tue, 7 Aug 2012 09:38:58 GMT
       
  • Volume 18 Issue 3 - Editor and Editorial Committee
    • PubDate: Thu, 5 Jan 2012 15:59:40 GMT
       
  • Volume 18 Issue 3 - Famous figures and diagrams in economics [Book Review]
    • Abstract: Breunig, Robert
      Review(s) of: Famous figures and diagrams in economics, by Mark Blaug and Peter Lloyd (eds), (Edward Elgar, 2010)

      PubDate: Thu, 5 Jan 2012 15:59:40 GMT
       
  • Volume 18 Issue 3 - A three-cornered life: The historian W. K. Hancock
           [Book Review]
    • Abstract: Cornish, Selwyn
      Review(s) of: A three-cornered life: The historian W. K. Hancock, by Jim Davidson, (University of New South Wales press, 2010)

      PubDate: Thu, 5 Jan 2012 15:59:40 GMT
       
  • Volume 18 Issue 3 - The Australian conference of economists at 40: The
           state it's in
    • Abstract: Millmow, Alex
      It was 1970. It was the Age of Aquarius. The Boeing 747 was introduced into intercontinental service. In Australia, the Federal Treasurer, Les Bury, began to notice that inflation and unemployment were rising simultaneously. And Australian students began studying economics using a localised adaptation of Samuelson's classic textbook.

      PubDate: Thu, 5 Jan 2012 15:59:40 GMT
       
  • Volume 18 Issue 3 - A defence of contemporary economics: 'Zombie
           economics' in review
    • Abstract: Williamson, Stephen D
      John Quiggin wants what fundamentally all economists want. He would like to make society better off. Of course, economists differ over how that goal should be accomplished. Quiggin thinks that society would be better off if income and wealth were redistributed from the currently rich to the currently poor, if there were a larger role for the government, and if fluctuations in aggregate employment were mitigated or eliminated entirely.

      PubDate: Thu, 5 Jan 2012 15:59:40 GMT
       
  • Volume 18 Issue 3 - More guns without less butter: improving Australian
           defence efficiency
    • Abstract: Ergas, Henry; Thomson, Mark
      Defence outlays amount to 1.8 per cent of Australia's GDP. Nonetheless, the processes by which those amounts are allocated, and the efficiency with which they are used, have received very little attention outside of the defence sector itself. This paper identifies the major issues involved in securing efficiency in defence expenditure and surveys efforts to ensure that the Australian defence establishment makes good use of public resources. Recommendations are made regarding the operation of the Department of Defence and the scrutiny of crucial defence decisions.

      PubDate: Thu, 5 Jan 2012 15:59:40 GMT
       
  • Volume 18 Issue 3 - Economics, economists and public policy in Australia
    • Abstract: Banks, Gary
      The topic for this Symposium, 'Does Australian public policy get the economics it deserves'' has been partitioned into two questions. One asks whether public policy gets the economics it needs. The other, no doubt inspired by Alexis de Tocqueville's famous observation about people and their elected governments, is whether Australian economics gets the public policy it deserves.

      PubDate: Thu, 5 Jan 2012 15:59:40 GMT
       
  • Volume 18 Issue 3 - Appraising the ACCC's Caltex-Mobil decision: An
           alternative measure of competition based on networks
    • Abstract: Bloch, Harry; Wills-Johnson, Nick
      On 2nd December 2009, the Australian Competition and Consumer Commission (ACCC) announced its intention to oppose the acquisition of Mobil's Australian retail assets by Caltex, based in part on an assessment of the adverse competition effects in some local markets. The proposed merger was subsequently abandoned. The ACCC assessment was based on a standard structural measure of competition, the proportion of petrol stations within each local market that would become controlled by Caltex following such a merger. This paper applies an alternative concept of competition based on the position of each station within a network. Application of the alternative concept to the Perth market, which was excluded from the ACCC analysis, suggests a greater anti-competitive effect from the Caltex-Mobil merger than indicated by application of the standard structural measure of competition.

      PubDate: Thu, 5 Jan 2012 15:59:40 GMT
       
  • Volume 18 Issue 2 - Editor and Editorial Committee
    • PubDate: Tue, 3 Jan 2012 16:04:07 GMT
       
  • Volume 18 Issue 2 - The introduction of ex-ante risk equalisation in the
           Australian private health insurance market: A first step
    • Abstract: Paolucci, Francesco; Shmueli, Amir
      In April 2007, the 'Reinsurance' arrangements in place since 1956 were replaced by a 'Risk Equalisation' scheme in the Australian private health insurance market. However, the new arrangements maintained a de facto ex-post (retrospective) claims-equalisation scheme. Equalisation transfers across competing health insurers could instead be achieved by means of a system of ex-ante prospective risk-adjusted subsidies with higher incentives for efficiency and lower incentives for selection compared to ex-post claims equalisation. This paper examines the option of introducing demographic scales for ex-ante (prospective) risk equalisation and its implications on the actual financial transfers (that is, risk-adjusted subsidies flows) across funds. The findings of this paper serve as an information basis for future policies aiming at improving efficiency and preventing selection in the Australian private health insurance market.

      PubDate: Tue, 3 Jan 2012 16:04:07 GMT
       
  • Volume 18 Issue 2 - Removing duplication in public/private health
           insurance in Australia: Opting out with risk-adjusted subsidies'
    • Abstract: Paolucci, Francesco; Butler, James RG; van de Ven, Wynand PMM
      Australia's existing health-financing arrangements lead to partial duplication in coverage for private health insurance (PHI) holders. The two options to remove duplication are: 1) allowing individuals to 'opt out' from Medicare either (a) by purchasing PHI or (b) by self-insuring via medical savings accounts or other pre-payment arrangements; 2) confining PHI to the coverage of supplementary services. This paper argues in favour of Option 1(a), and argues that from an efficiency perspective PHI should be fully substitutive of Medicare coverage (that is, 'opting out' should be allowed); community rating should be replaced by premium bands; and the 30-40 per cent ad valorem subsidy for PHI should be replaced by ex-ante risk-adjusted subsidies.

      PubDate: Tue, 3 Jan 2012 16:04:07 GMT
       
  • Volume 18 Issue 2 - The analytics of the Australian private health
           insurance rebate and the Medicare levy surcharge
    • Abstract: Robson, Alex; Ergas, Henry; Paolucci, Francesco
      This paper presents an analytical framework for examining changes in the Private Health Insurance rebate (PHIR) and the Medicare Levy Surcharge (MLS), and uses it to establish three key propositions. First, increases in the MLS rate tend to reduce the elasticity of demand for private health insurance. Second, simultaneously increasing MLS rates and thresholds has a theoretically ambiguous effect on PHI take-up rates. Third, means testing the PHIR can never increase PHI take-up, and will reduce it in some circumstances. The paper concludes with a discussion of the possible consequences of recently proposed policy changes to private health insurance in Australia.

      PubDate: Tue, 3 Jan 2012 16:04:07 GMT
       
  • Volume 18 Issue 2 - Prevention no cure: A critique of the report of
           Australia's national preventative health Taskforce
    • Abstract: Harrison, Mark; Robson, Alex
      Australia's National Preventative Health Taskforce baulks at the economic approach to public policy that weighs up costs and benefits, and instead adopts a 'healthist' perspective, with an open-ended and unconditional commitment to maximising health and a jumbling of private and external costs. The result is to overstate the benefits, and ignore the costs, of proposed policies. While this is predictable given the interests and agenda of preventative health advocates, it is not desirable. Not only is the economic approach mandated for regulatory reform, it has a number of advantages in determining the likely effects of policies and identifying unintended consequences. Although the Taskforce emphasises the irrationality of consumers, it is not clear whether a preventative health bureaucracy will improve the efficiency of health spending.

      PubDate: Tue, 3 Jan 2012 16:04:07 GMT
       
  • Volume 18 Issue 2 - The platypus economist
    • Abstract: Crampton, Eric
      A good health economist is a bit like a platypus, or at least so-says a health economist colleague of mine. The friendly beast must combine a clinician's medical knowledge with an economist's techniques, both theoretical and empirical, and a bureaucrat's understanding of the administrative structures within which policy operates. Perhaps the health economist's empirical techniques are not as refined as the theoretical econometrician's, just as the platypus's fur is perhaps not quite as soft as that of a kitten, but it does a good job of combining a set of characteristics that are normally not found in one place. Unfortunately, health policy instead seems set by a chimera that rather seems to have taken the design specifications for the platypus and decided that the kitten should in fact provide the beak and the duck provide the fur: we too often find combined the clinician's goal of health care, as maximand; the economics undergraduate's captivation by partial equilibrium and neglect of general equilibrium; and the bureaucrat's inadequate respect for methodological individualism. The papers in this Agenda Special Issue on health economics work to bring more standard economic method back into health policy analysis.

      PubDate: Tue, 3 Jan 2012 16:04:07 GMT
       
  • Volume 18 Issue 1 - Editor and Editorial Committee
    • PubDate: Wed, 25 May 2011 11:31:40 GMT
       
  • Volume 17 Issue 2 - Editor and Editorial Committee
    • PubDate: Wed, 25 May 2011 11:31:40 GMT
       
  • Volume 18 Issue 1 - Quiet Alf
    • Abstract: Wells, Graeme
      The life, works and contributions of the well-known economist, Alf Hagger, are discussed. He is known to be one of the most significant people, responsible for the start of the post-war quantitative revolution in Australia.

      PubDate: Thu, 5 May 2011 09:44:23 GMT
       
  • Volume 18 Issue 1 - The Peculiar Economics of Government Policy Towards
           Sport
    • Abstract: Pomfret, Richard; Wilson, John K
      Professional team sports enjoy subsidies from government, as well as regulatory exemption from standards that apply to other sectors of the economy. The Australian sports economics literature has, however, focused on competitive balance, with few studies examining government policies. This paper examines government policies such as subsidies, mega-event bidding, salary caps and player draft systems. We argue that the peculiar nature of professional sports provides some justification for such distinctive government policies. However, there is need for greater transparency, better-directed funding, and genuine public debate on some of these policies to enable considered evaluation of their benefits and costs.

      PubDate: Thu, 5 May 2011 09:44:23 GMT
       
  • Volume 18 Issue 1 - New Technologies in Higher Education: Lower Attendance
           and Worse Learning Outcomes'
    • Abstract: Gomis-Porqueras, Pedro; Meinecke, Jurgen; Rodrigues-Neto, Jose A
      This paper explores the incentives offered to students and instructors by new technologies that grant access to online class materials. We examine the consequences for attendance and composition of live lectures and argue that new technologies reduce attendance, and very likely reduce it differentially.

      PubDate: Thu, 5 May 2011 09:44:23 GMT
       
  • Volume 18 Issue 1 - Trends in Emissions across the States of Australia
           1998-99 to 2007-08: A Shift-share Analysis
    • Abstract: Jayanthakumaran, Kankesu; Liu, Ying
      This paper reviews structural changes in emissions of sulphur dioxide (SO2), nitrogen oxide (NOx), carbon monoxide (CO) and particulate matter (PM) in eight Australian states and territories over the period 1998-99 to 2007-08. A shift-share analysis decomposes the changes of an emission between these two periods into parts ( a national-share component, an industry-mix component and a state-shift component) in order to account for the ecological competitiveness of the states and territories. The results suggest that the changes in state emissions have been substantial, and tend to reflect national, industry and regional policy changes.

      PubDate: Thu, 5 May 2011 09:44:23 GMT
       
  • Volume 18 Issue 1 - The Benefits (and Costs) of Foresight and Hindsight in
           Macro Policy Formulation
    • Abstract: Stapledon, Nigel
      This paper looks at the difficulties for fiscal and monetary policy posed by the inherent uncertainty of the economic outlook. It contrasts the excessive optimism of policymakers in the approach to the 1989-91 recession with the excessive pessimism of the outlook in Australia in 2008.

      PubDate: Thu, 5 May 2011 09:44:23 GMT
       
  • Volume 18 Issue 1 - An Accelerator Tied to a Brake: Fiscal Stimulus under
           a Floating Exchange Rate
    • Abstract: Valentine, Tom
      This paper examines the widely accepted proposition that the fiscal stimulus saved Australia from the worst effects of the Global Financial Crisis (GFC). It presents theoretical and empirical arguments supporting the view that fiscal stimulus is ineffective in a floating exchange-rate regime. It underlines this by comparing Australia's experiences in the East Asian Crisis of 1997 and the GFC of 2008-09. It concludes that a depreciating exchange rate protected the Australian economy in the 1997 crisis, but was prevented from doing so in the 2008-09 crisis by the fiscal stimulus.

      PubDate: Thu, 5 May 2011 09:44:23 GMT
       
  • Volume 18 Issue 1 - China's Fiscal Stimulus and the Recession Australia
           Never Had: Is a Growth Slowdown Now Inevitable'
    • Abstract: Day, Creina
      China's timely and well-targeted two-year fiscal stimulus was particularly effective in stimulating growth in Australia's commodity exports. Using a constructed series of export volumes to China, this paper finds that the post-stimulus GDP growth contribution from export volumes to China is significant. Had growth in export volumes to China been commensurate with pre-stimulus rates, Australia would have experienced three consecutive quarters of negative real GDP growth - a technical recession. China's gradual and uniquely revenue-based unwinding of fiscal stimulus reduces the risk to Australia of an imminent growth slowdown.

      PubDate: Thu, 5 May 2011 09:44:23 GMT
       
  • Volume 18 Issue 1 - In the Long Run, the Multiplier Is Dead: Lessons from
           a Simulation
    • Abstract: Guest, Ross; Makin, Anthony J
      This paper re-examines the significance of the fiscal multiplier from an inter-temporal perspective using simulation results derived from a standard overlapping-generations framework. It reveals that even if fiscal stimulus in the form of extra public consumption spending is assumed to increased output and employment in the short run, the negative medium to long-term consequences of the stimulus will ultimately exceed, in present-value terms, the short-term macroeconomic benefits of that stimulus. This is due to the interest rate and tax effects of the stimulus-induced budget deficit which lowers future private investment, household consumption, and labour supply.

      PubDate: Thu, 5 May 2011 09:44:23 GMT
       
  • Volume 18 Issue 1 - Stimulusgate
    • Abstract: Davidson, Sinclair
      The Australian government's 2010 Budget Papers present econometric evidence that purports to show a positive and 'highly statistically significant' relationship between the size of stimulus spending and subsequent economic growth in a sub-set of G20 countries. The analysis concluded that those countries, such as Australia, that adopted early and large fiscal stimulus packages had subsequently outperformed those that had not done so. This analysis, however, turns on an untenable and substantial truncation of the available sample, and suggests a failure of quality-control processes with Treasury.

      PubDate: Thu, 5 May 2011 09:44:23 GMT
       
  • Volume 17 Issue 2 - Life and LSE [Book Review]
    • Abstract: Cornish, Selwyn
      PubDate: Fri, 18 Feb 2011 15:34:51 GMT
       
  • Volume 17 Issue 2 - Keynes on the Wireless [Book Review]
    • Abstract: Cornish, Selwyn
      PubDate: Fri, 18 Feb 2011 15:34:51 GMT
       
  • Volume 17 Issue 2 - An Economic Unravelling of the Precautionary
           Principle: The Queensland Wild Rivers Act 2005
    • Abstract: Iles, Stephen; Johns, Gary
      The paper assesses the application of the precautionary principle in the Queensland Wild Rivers Act 2005. It finds that the Act is more restrictive than the ecologically sustainable development principles as conceived, and deployed, by the Queensland Government elsewhere. At the same time the Act is injurious to property rights, unnecessarily restricts future development options, and does not allow for assessments of non-environmental values or the cost of options forgone. As a result the Act has severe consequences for the Cape York economy and increases the risk of perverse consequences for the environment.

      PubDate: Fri, 18 Feb 2011 15:34:51 GMT
       
  • Volume 17 Issue 2 - The High Cost of Taxi Regulation, with Special
           Reference to Sydney
    • Abstract: Abelson, Peter
      Numerous regulations govern entry, industry structure, service quality and prices for the Sydney taxi industry. The paper finds few efficiency or social reasons for these regulations and taxi performance is poor. On plausible assumptions, the net benefits from unrestricted entry into the Sydney taxi industry are in the order of $265 million per annum. The productivity and service benefits of reforming entry would be greater if accompanied by reform of the anti-competitive control of the taxi radio networks over all taxi operators.

      PubDate: Fri, 18 Feb 2011 15:34:51 GMT
       
  • Volume 17 Issue 2 - How to Increase the Cost-effectiveness of Water Reform
           and Environmental Flows in the Murray-Darling Basin
    • Abstract: Grafton, RQuentin
      The paper reviews the $12.9 billion Water for the Future package in the Murray-Darling Basin from the perspective of cost-effectiveness and assesses the possible losses to irrigators from reduced diversions to achieve desired environmental-flow regimes. It argues that combining the $3.1 billion allocated to buying water entitlements with the $5.8 billion targeted by Water for the Future for water infrastructure subsidies into a purchase of water entitlements from willing sellers would maximise the water acquired for the environment per dollar of expenditure, provide greater assistance to holders of water entitlements, and reduce the expected gap between average water diversions for agriculture and sustainable diversion limits.

      PubDate: Fri, 18 Feb 2011 15:34:51 GMT
       
  • Volume 17 Issue 2 - Did Australia's Fiscal Stimulus Counter
           Recession': Evidence from the National Accounts
    • Abstract: Makin, Anthony J
      A close scrutiny of the pattern of aggregate expenditure recorded in the Australian national accounts reveals it was the behaviour of exports and imports, and not increased fiscal activity, that was primarily responsible for offsetting the fall in private investment due to the Global Financial Crisis. The examination of a broad set of national income and employment indicators suggests that the Australian economy most likely did not avoid a recession, even though it was a relatively mild one by past standards.

      PubDate: Fri, 18 Feb 2011 15:34:51 GMT
       
  • Volume 17 Issue 1 - Immigrants: Your Country Needs Them [Book Review]
    • Abstract: Pollock, Matthew
      PubDate: Fri, 18 Feb 2011 15:34:51 GMT
       
  • Volume 17 Issue 1 - A History of Central Banking in Great Britain and the
           United States [Book Review]
    • Abstract: Cornish, Selwyn
      PubDate: Fri, 18 Feb 2011 15:34:51 GMT
       
  • Volume 17 Issue 1 - Educating for Business, Public Service and the Social
           Sciences: A History of Economics at the University of Sydney 1920-1999
           [Book Review]
    • Abstract: Cornish, Selwyn
      PubDate: Fri, 18 Feb 2011 15:34:51 GMT
       
  • Volume 17 Issue 1 - Yegor Gaidar: Pragmatic Economist or Romantic
           Revolutionary'
    • Abstract: Kazakevitch, Gennadi
      The divided public opinion with regards to renowned Russian economist Yegor Gaidar, on his life and influence is discussed. Gaidar's role in contemporary Russia beyond partisan debate is highlighted.

      PubDate: Fri, 18 Feb 2011 15:34:51 GMT
       
  • Volume 17 Issue 1 - Beauty ≠ Truth': Thoughts on Krugman's 'How
           Did Economists Get It So Wrong''
    • Abstract: Quiggin, John
      Some of the different views and opinions regarding Paul Krugman's 'How did economists get it so wrong'' are discussed. The changes that need to be incorporated into the dynamic stochastic general equilibrium (DSGE) models to ensure better predictive capacity are highlighted.

      PubDate: Fri, 18 Feb 2011 15:34:51 GMT
       
  • Volume 17 Issue 1 - What Keynes Missed and Krugman Is Missing: The
           Short/Long Choice
    • Abstract: Vines, David
      The review and analysis of Paul Krugman's question 'How did economists get it so wrong'' is discussed and it is seen that Krugman's answer is actually too optimistic, and that things are worse than he suggests. Krugman's suggestion that the Keynesian framework is the best option also appears to be debatable as something appears to be lacking in Keynesian economics.

      PubDate: Fri, 18 Feb 2011 15:34:51 GMT
       
  • Volume 17 Issue 1 - Krugman on the Malaise of Modern Macro: Critique
           without Alternative
    • Abstract: Rankin, Keith
      The views of Paul Krugman on modern macro in terms of the global financial crisis representing a collective failure of an economics profession which had become complacent, believing that financial markets could not, in themselves, cause non-trivial recessions is discussed. Krugman is right to question the capability of economics developed under the auspices of the dominant neoclassical paradigm to predict business cycle events; however, a more constructive critique is required.

      PubDate: Fri, 18 Feb 2011 15:34:51 GMT
       
  • Volume 17 Issue 1 - Beyond Krugman to Behavioural Keynes
    • Abstract: McDonald, Ian M
      John Cochrane appears to concede that Paul Krugman's critique does have some important pillars to be paid attention to. Krugman views Keynesian economics as the best framework for macroeconomics that advocates that it is inadequate aggregate demand that drives recessions, not confusion about relative prices, nor lapses in technical progress, nor voluntary shifts to leisure during times of low real wages.

      PubDate: Fri, 18 Feb 2011 15:34:51 GMT
       
  • Volume 17 Issue 1 - Froth and Bubble: The Inconsistency of Paul Krugman's
           Macroeconomic Analysis
    • Abstract: Harding, Don; Libich, Jan
      The review and evaluation of some of Paul Krugman's macroeconomic analysis is discussed. Krugman's macroeconomic analysis has been quite inconsistent and his policy recommendations have been found to lack the required consistency and coherency.

      PubDate: Fri, 18 Feb 2011 15:34:51 GMT
       
  • Volume 17 Issue 1 - How US Economists Got It So Wrong
    • Abstract: McLeod, Ross
      The author debates the claim of renowned economist Paul Krugman of the question 'How did economists get it so wrong'' Krugman feels that the US economics fraternity needs to adopt a system whose central figure would be a bank regulatory authority to regulate the operations of all banks across the US and exercise powers as and when needed.

      PubDate: Fri, 18 Feb 2011 15:34:51 GMT
       
 
 
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