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Category: Economic growth

Beware of jumping the gun on Arrium in Whyalla – Paul Kerin

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 […]

Posted in Business economics, Economic growth, Paul Kerin, public policy, South Australian economy | Tagged |

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Boost infrastructure investment through key reforms – Darryl Gobbett

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 land tax, asset […]

Posted in Business economics, Contributors, Darryl Gobbett, Economic growth, Economic reform, Infrastructure, public policy, South Australian economy, Taxation | Tagged |

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Going for growth – Christopher Findlay

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 allocate […]

Posted in Christopher Findlay, Economic growth, Economic reform, Economic regulation, Economic research, public policy | Tagged |

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SA must take risks – Dick Blandy

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.

Posted in Business economics, Dick Blandy, Economic growth, Economic reform, public policy, South Australian economy | Tagged |

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Longitudinal Evidence for a Midlife Nair in Human Well-Being: Results from Four Data Sets

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 Powdthavee, […]

Posted in Economic growth, Economic research, Terence Cheng | Tagged |

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Does trade promote economic growth?

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, […]

Posted in Economic growth, International trade, Paul Kerin, public policy | Tagged |

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Should South Australians Really be “Down in the Mouth”?

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 […]

Posted in Business economics, Economic growth, Economic reform, Economic regulation, Paul Kerin, public policy, South Australian Centre for Economic Studies, South Australian economy | Tagged |

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Where to from here for South Australia?

The South Australian Centre for Economic Studies recently published the second paper in its Economic Issues series. This latest paper examines the prospects for growth through a more detailed examination of the state’s manufacturing sector, including the role that the state government can play in assisting the potential to be realised; it is available at: Where […]

Posted in Business economics, Economic growth, Economic reform, Paul Kerin, public policy, South Australian Centre for Economic Studies, South Australian economy | Tagged |

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Need for tax reform

A new report by Deloitte Access Economic, cited in today’s Advertiser (“A better mix for tax system”,
p.51), echoes the case for tax reform that Christopher Findlay and I made in our recent article in The
Australian (available at: Cut costly stamp duties, company taxes with an efficient land levy). In
that article, we proposed reforms that […]

Posted in Business economics, Economic growth, Economic reform, Paul Kerin, public policy, South Australian economy, Taxation | Tagged |

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