Category: Economic growth
At the SA Centre for Economic Studies’ Economic Briefing Luncheon this week, the Centre’s Deputy Director Steve Whetton, gave an excellent overview of the SA, Australian and global economies. Steve’s slides are available here.
Beef with knock-back of Kidman sale: a lost foreign direct investment opportunity – Christopher Findlay & Paul Kerin
In their article in The Weekend Australian, Christopher Findlay and Paul Kerin argue that the Federal Treasurer’s rejection of the sale of the S. Kidman & Co. cattle stations to a consortium 80% backed by private Chinese businesses has not been in Australia’s public interest. As well as forgoing the usual benefits that foreign direct […]
An article co-authored by the School of Economics’ latest recruit Benedikt Heid has just been published in the leading economics journal, the Journal of International Economics. The article estimates the gains to countries from trade liberalisation when employment effects are explicitly allowed for. For example, the article estimates that the US-Australia Free Trade Agreement (FTA) […]
In his article in today’s Australian (available here), Paul Kerin argues that governments must be weigh decisions to assist private businesses very carefully. When businesses are about to be sold through a competitive tendering process, governments jumping the gun can simply waste taxpayer dollars for no benefit. Governments must also critically assess claims about the […]
In a recent speech to the 2016 South Australian Infrastructure Conference in Adelaide, Darryl Gobbett made several recommendations to help improve South Australia’s economic performance, including: Boost infrastructure investment that focuses on cost-reduction, output, exports and regional SA; Establish a SA Productivity Commission to determine investment and other priorities; and Fund investment priorities though a broad-based […]
Australians are asking ‘where will economic growth come from?’ A common response is ‘structural reform’, about which we are likely to hear more and more in coming weeks as the election campaign proceeds. What is that and does it matter? Structural reform has many dimensions but really it’s about making market works better as they […]
In a recent article in InDaily (available here), Dick Blandy argues that South Australia needs to throw off its conservative, timid approach to create a multi-faceted new economy if it is to bounce back and prosper in the medium term future and beyond.
Research forthcoming at the Economic Journal has uncovered what is the first longitudinal and multi-country evidence for a midlife low in human happiness and well-being. There really is a kind of midlife ‘crisis’ in feelings of satisfaction with one’s life. The new study by University of Adelaide economist Dr Terence Cheng, and his collaborators Nick […]
Last Thursday night, the School of Economics’ Nic Sim gave a fascinating public lecture titled: “Does international trade lead to greater economic development? Evidence from less developed countries”. The lecture was part of the Faculty of the Professions’ Research 21 Public Lecture series. The short answer to Nic’s question is: YES. Based on empirical estimates, […]
The South Australian Centre for Economic Studies recently published the first of four papers in its Economic Issues series. The series reviews South Australia’s historical macroeconomic performance and attempts to highlight sustainable comparative advantages. The first paper sets the scene with a review of the state’s macroeconomic performance over the last two decades; it is available […]