Economic Society of Australia
36th Australian Conference of Economists

24 - 26 September, Hotel Grand Chancellor, Hobart, Tasmania

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Papers (Alphabetical order by presenter)

All papers are in a PDF format

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

A

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1

Foreign direct investment and economic growth: Some empirical evidence from the Philippines
Frank Agbola

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2

Understanding migration in Russia
Yury Andrienko
, Sergei Guriev
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3

Are financial sector policies effective in deepening the Malaysian financial system?
James B Ang
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4

International factor mobility, wage inequality and welfare: A theoretical analysis
Sajid Anwar

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5

Can made to measure protection ever be optimal? Theory and its application to Australia. The case of structural unemployment caused by terms of trade volatility combined with sticky real wages
Craig Applegate

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B

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6

The Stern Review and other economic analyses of climate change — a sensitivity analysis
Andrew Barker

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7

A perturbation theory analysis of derivatives pricing with transaction costs
Suren Basov

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8

Choices and constraints over retirement income streams: Comparing rules and regulations
Associate Professor Hazel Bateman,
Dr Susan Thorp
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9

How to estimate technical barrier to trade when there is no trade
Chengyan Yue, John C Beghin
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10

Synergy trap
Murali Agastya, Roland Bel
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11

Labour force participation and household debt
Rochelle Belkar,
Lynne Cockerell, Rebecca Edwards
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12

Do demographic characteristics explain declining male employment rates? Examination of the Australian case using a propensity score re-weighting decomposition approach
David Black,
Yi-Ping Tseng, Roger Wilkins
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13

The economics of ocean outfalls and wastewater in Australia: A dog’s breakfast?
Dr Boyd Blackwell

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14

Technological change in Australian manufacturing
Harry Bloch

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15

Irreducibility, taxes and the existence of equilibrium
William D A Bryant

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16

A preliminary empirical investigation of electronic banking presence in the United Arab Emirates
Bruce Q Budd
, Daniel B Budd
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17

Labour supply and welfare participation in the Australian population: Using observed job search to account for involuntary unemployment
Guyonne Kalb, Hielke Buddelmeyer
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C

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18

Does AFTA create or divert trade?
Helen Cabalu,
Cristina Alfonso
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19

Education and labour productivity in Papua New Guinea’s tuna processing industry
H F Campbell

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20

Fiscal policy rules and public capital formation in Australia
Kerry Carne

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21

Why do the rich save more? A theory and Australian evidence
Debajyoti Chakrabarty,
Hajime Katayama, Hanna Maslen
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22

Barriers on capital flows and growth
Chia-Ying Chang

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23

Sources of Australian real exchange rate fluctuations: How important is the relative price of nontradable goods?
Waranya Pim Chanthapun

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24

Accounting for lifecycle wealth accumulation: The role of housing institution
Sang-Wook (Stanley) Cho

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25

Governance decentralization and infrastructure provision in Indonesia
Shyamal Chowdhury,
Futoshi Yamauchi, Reno Dewina
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26

Permanent structural change in the US short-term and long-term interest rates
Chew Lian Chua,
Chin Nam Low
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27

The stairway to the top: The remuneration of academic executives
Kenneth W Clements,
Izan H Y Izan
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28

A comparative study of Australian Indigenous and Non-Indigenous art
Bronwyn Coate

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29

The valuation of intangible assets and hedonic pricing models
Michael B Cohen

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D

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30

High-performance work systems and interaction-based approach to socioeconomic behavior
Suren Basov, Svetlana Danilkina
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31

Education subsidies and school drop-out rates
Lorraine Dearden,
Carl Emmerson, Christine Frayne, Costas Meghir
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32

Terrorism, key assets, and critical infrastructures: To protect or to rebuild? That is the question
Bertrand Crettez, Régis Deloche
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33

Private car ownership in china: How important is the effect of income?
Xin Deng

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34

Application of sequential nonparametric confidence bands in finance
L Sandamali Dharmasena, Basil M de Silva, Panlop Zeephongsekul
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35

Corruption and regulatory burden
Ratbek Djumashev

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36

Applying concepts from Mill and Sen to the standard of living for disabled people
D P Doessel
, Harvey Whiteford
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37

Locating facilities: Targeting efficiency and cost effectiveness
Michael Dzator, Janet A Dzator
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38

Macroeconomic policies and health in developing countries
Janet A Dzator,
Sandra Hopkins

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E

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39

Measuring efficiency consistent with maximising net benefit
Simon Eckermann

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F

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40

Health status and portfolio choice: Causality or heterogeneity?
Elliott Fan,
Ruoyun Zhao
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41

Australian pre-July 2007 “retirement tax biases and the likely effect of tax reform on retirement plans”
Natalie Jackson, Margaret Walter, Yan Yong Hong, Bruce Felmingham
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42

Estimating the costs and benefits of regional airport subsidies: A computable general equilibrium approach
Peter Forsyth

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43

Contestability of Australian Federal elections
Sinclair Davidson, Lisa Farrell, Tim R L Fry, Sandra Mihajilo
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G

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44

Mass higher education, investment in human capital and herding: Some unpleasant Stories
Partha Gangopadhyay

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45

The value of intellectual property rights to firms and society
Christine Greenhalgh,
Mark Rogers
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H

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46

The persistence of correlative water rights in colonial Australia: A theoretical contradiction?
Edwyna Harris

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47

Local linear impulse responses for a small open economy
Alfred A Haug,
Christie Smith
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48

Comparing welfare change measures with income change measures in behavioural policy simulations
John Creedy, Nicolas Hérault, Guyonne Kalb
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49

Residential water demand modelling in Queensland, Australia: A comparative panel data approach
Andrew C Worthington, Helen Higgs, Mark Hoffmann
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50

An analysis of the questions on university teaching surveys and the universities that use them: The Australian experience
Martin Davies, Joe Hirschberg, Jenny Lye, Carol Johnston
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51

FDI modes of market entry, relative wealth and relative access to credit: Evidence from a zero-inflated poisson model
Woon-Yee Ho, Joseph D Alba, Peiming Wang
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52

Are EU budget deficits sustainable?
Mark J Holmes, Jesús Otero, Theodore Panagiotidis
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I

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53

Skilled immigration and wages in Australia
Asadul Islam, Dietrich K Fausten
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54

Using non-experimental methods to evaluate the impact of Microfinance: Evidence from Bangladesh
Asadul Islam

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J

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55

The impact of lifecycle events on women’s labour force transition: A panel analysis
Sung-Hee Jeon

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56

Yet another trading simulation: The non-immediacy model
Nagaratnam Jeyasreedharan

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57

Housing over the life cycle for migrants
Roger Ham, P N (Raja) Junankar
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K

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58

Charles Darwin meets Amoeba economicus: Why natural selection cannot explain rationality
Elias L Khalil

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59

The Mirror-Neuron Paradox: How far is sympathy from compassion, indulgence, and adulation?
Elias L Khalil

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60

Private intergenerational transfers and their ability to alleviate the fiscal burden of ageing
Dr Hayat Khan

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61

Some experimental evidence on the Coate and Loury model of affirmative action
M Kidd, P Carlin, Jay Pot
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62

Market salaries, peer productivity ratings, rank and the academic gender wage gap
Paul S Carlin, Michael P Kidd, Patrick M Rooney, Brian D Denton
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63

The effect of immigration on the earnings of native-born workers: Evidence from Australia
Temesgen Kifle

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64

Job satisfaction and gender: Evidence from Australia
Temesgen Kifle, Parvinder Kler
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L

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65

Concerning Kuznets Curves, persistent inequality, inflation, and redistribution
Radhika Lahiri,
Jayne Dillon
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66

Bananas and petrol: Further evidence on the forecasting accuracy of the ABS ‘headline’ and ‘underlying’ rates of inflation
Liam J A Lenten

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67

Monetary and fiscal policy interaction with various degrees and types of commitment
Jan Libich, Andrew Hughes Hallett, Petr Stehlík
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68

Union wage effects in Australia: Are there variations in distribution?
Lixin Cai, Amy Y C Liu
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69

Welfare policy and labour outcomes of immigrants in Australia
Peng Liu

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70

A conversation with Helen Hughes
John Lodewijks

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71

Monetary surprises and financial market reactions: The effect of Australian cash rate target announcements
Xinsheng Lu, Francis In, Ying Zhou, Sha Tao
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72

International collaborations
Arghya Ghosh, Pinijsorn Luechaikajohnpan, Hodaka Morita
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M

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73

Asymmetric effects of interest rate changes: The role of the consumption-wealth channel
Andy Mullineux, Garry MacDonald, Rudra Sensarma
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74

The Sydney Olympics, seven years on: An ex-post dynamic CGE assessment
James A Giesecke, John R Madden
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75

A model of house prices
Jakob B Madsen

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76

A profile of training and skills development in the Australian rail industry
Anusha Mahendran, Alfred Michael Dockery, Fred Affleck
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77

Do migrants succeed in the Australian labour market: Further evidence on job quality
Stéphane Mahuteau, P N (Raja) Junankar
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78

The leader as catalyst on leadership and the politics of institutional change
Sumon Majumdar
, Sharun W Mukand

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79

Has domestic or foreign net saving driven the external accounts?
Tony Makin
, Paresh Kumar Narayan
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80

X-efficiency versus Rent Seeking in Chinese banks: 1997-2006
Kent Matthews, Jianguang Guo, Nina Zhang
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81

Assessing the incidence and wage effects of over-skilling in the Australian labour market
Kostas Mavromaras, Seamus McGuinness, Yin King Fok
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82

Increasing returns to information and Pareto’s Law: New Australian box office revenue evidence
Jordi McKenzie

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83

Is privatisation good for investment in Australia?
Margaret McKenzie

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84

Occupational attainment and immigrant economic progress in Australia
Barry R Chiswick, Paul W Miller
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85

Child schooling in India: An empirical analysis with cluster based sample
Itismita Mohanty

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86

Coordinating collective resistance through communication and repeated interaction
Timothy N Casona, Vai-Lam Mui
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N

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87

Should China encourage consumption
Siang Ng

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88

Adherence to the USDA food guide pyramid and determinants of household food group choice in Vietnam
Elkana Ngwenya, Ranjan Ray
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89

Rational delays in tariff reduction programmes: Insights for trade policy from core economic models
Neville R Norman

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O

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90

An empirical analysis of older Australian workers and their participation in employment related study programs
Sue O’Keefe, Lin Crase, Brian Dollery
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91

Trade, migration and inequality in a world without factor price equalisation
Paul Oslington, Isaac Towers
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92

Prices, rents and speculative bubbles in the Sydney housing market
Eden Hatzvi, Glenn Otto
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93

Finite sample properties of the dependent bootstrap for conditional moment models
Rachida Ouysse

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P

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94

Asset price dynamics with small world interactions under heterogeneous beliefs
Valentyn Panchenko, Sergiy Gerasymchuk, Oleg V Pavlov
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95

Do Australian qualifications help? The effect of host country qualification on migrant participation and unemployment
Jaai Parasnins, Dietrich fausten, Roland Cheo
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96

Stock price behavior and operational risk management of banks in India
Ketty Vijay Parthasarathy,
Dr R Madhumathi
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97

Another day, another dollar? The effective tax rates and labour force participation of partnered mothers in Australia
Alicia Payne, Ann Harding, Quoc Ngu Vu, Richard Percival
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98

Increasing returns, financial capital mobility and real exchange rate dynamics
Steven Pennings, Rod Tyers
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99

Equalization and spatial location efficiency: The example of Australia
Jeff Petchey

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100

The impacts of financial development on household economic activities: The Vietnamese household cross-section data evidence
Nguyen Dinh Phan

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101

Does the version of the Penn World Tables matter? An analysis of the relationship between growth and volatility
Natalia Ponomareva, Hajime Katayama
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R

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102

Recent productivity outcomes and Australia’s potential growth
Robert Ewing, Sian Fenner, Steven Kennedy, Jyoti Rahman
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103

Estimates of the steady state growth rates for selected Asian countries with an endogenous growth framework
B Bhaskara Rao, Gyaneshwar Rao
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104

Structural breaks and energy efficiency in Fiji
B Bhaskara Rao, Gyaneshwar Rao
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105

Are child-centered classrooms effective? Impact of the CRI program on student learning outcomes in Pakistan
Farooq Naseer, Manasa Patnam, Reehana Raza
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106

Risk, return, capital-structure and corporate value
Ludwig Franz Martin Reinhard, Abu T Mollik
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107

The dynamic effects of the skilled labour in immigration programs
Richard G Harris, Peter E Robertson
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108

An economist’s take on work-life balance
Tim Robinson

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S

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109

Twin deficits in Sri Lanka in the presence of trade liberalisation
Khorshed Chowdhury, Ali Salman Saleh
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110

Persistent poverty and informal credit
Paulo Santos, Christopher B Barrettz
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111

The effect of macroeconomic announcements and reserve bank intervention on the jump and continuous component of foreign exchange realised volatility: The case of Australia and the United States
Sitthidej Saprungrueng

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112

Distributional determinants of household health expenditures in Australia
Glenn Jones, Elizabeth Savage, Kees van Gool
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113

Testing the permanent income hypothesis in the developing and developed countries: A comparison between Fiji and Australia
B Bhaskara Rao, K L Sharma
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114

A small state-space model of the Australian economy
Shawn Chen-Yu Leu, Jeffrey Sheen
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115

Demand for money in developing countries alternative estimates and policy implications
Rup Singh, Saten Kumar
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116

Treasure game
Alexander Matrosy, Vladimir Smirnovz
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117

The <insert name here> Economy
Robert Smith

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118

Gambling with public money: The public choice of national sports team funding
Heath Spong, Mark Stewart
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T

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119

The link between institutions, technical change and macroeconomic volatility
Sam Hak Kan Tang, Nicolaas Groenewold, Charles Ka Yui Leung
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120

Regional skill endowments, employment structure, and international migration in the european union, 1988-2005
Massimiliano Tani

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121

Size matters: Capital market size and risk-return profiles
Massimiliano Tani
, Dr Keiran Sharpe
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122

Taxable income elasticities and the deadweight cost of taxation in New Zealand
Alastair Thomas

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123

The problem of uncertain non-point pollution credit production in point and non-point emission trading markets
John Tisdell

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124

Specialization, trade in intermediate goods, and wage inequality
Christis Tombazos, Dingsheng Zhang
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125

Public attitudes toward corruption and tax evasion: Investigating the role of gender over time
Benno Torgler, Neven T Valev
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126

Shadow economy, tax morale, governance and institutional quality: A panel analysis
Benno Torgler,
Friedrich Schneider
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127

Measuring offender discount rates
Andrew Torre, Darren Wraith
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128

Patterns of flexible retirement in Australia
Kostas Mavromaras, Ioannis Theodossiou, Yi-Ping Tseng, Dianna Warren
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V

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129

An assessment of the research performance of commerce faculties in Australia
Abbas Valadkhani
, Simon Ville
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130

Corporate governance and innovation
Vicar S Valencia

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131

The regulation of investments
Tom Valentine

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W

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132

The purchasing power parity puzzle: The dependent economy solution
Alexis Wadsley,
Bruce Felmingham

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133

Measuring option values and economic benefits of completing secondary education in Australia
Hui Wei

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134

Knowledge, attitudes and the likelihood of being tested for HIV-AIDS in Ghana
Anu Rammohan, Stephen Whelan
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135

The dynamics of public housing tenure in Australia
Stephen Whelan

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136

Nominal exchange rate neutrality: The case of Australia
Chris B Harbinger, Albert Wijeweera
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137

A critique of the Granger representation theorem
E J Wilson

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138

The 2006-07 drought in Australia: Analysis in TERM-Water
Peter Dixon, Maureen Rimmer, Glyn Wittwer
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139

Analysing economy wide effects of trade liberalisation on Vietnam using a dynamic computable general equilibrium model
Melissa Wong

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140

Transitions into public housing and employment outcomes: A panel analysis
Gavin A Wood
, Rachel Ong, A M Dockery
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141

A comparative analysis of oil as a risk factor in Australian industry stock returns, 1980-2006
Andrew C Worthington,
Evan J McSweeney
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Y

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142

Geographical agglomeration in Australian manufacturing
Anne Leahy, Alfons Palangkaraya, Jongsay Yong
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143

On the distributional effect of carbon tax in developing countries: The case of Indonesia
Arief Anshory Yusuf, Budy P Resosudarmo
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Z

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144

Evolutionary game of labour division in a competitive economy
Haiou Zhou

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145

A simple macroeconomic model with non-perfect competition in the long run
Ying Zhou

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Economic Society of Australia
36th Australian Conference of Economists

24 - 26 September, Hotel Grand Chancellor, Hobart, Tasmania