Annual Report

2004

School of Economics The University of Qld 4072

SCHOOL OF ECONOMICS The University of Queensland Brisbane Qld 4072 Australia

Tel: +61 7 3365 6570 Fax: +61 7 3365 7299

Email: [email protected] Internet: http://www.uq.edu.au/economics/

ISSN 1832-8652

ANNUAL REPORT 2004

CONTENTS

2004: Summary...... 1 School Mission Statement...... 2 School Staff 2004...... 4 Staff Profiles...... 7 Visitors to the School ...... 27 School Seminar Program ...... 28 Seminar & Conference Presentations ...... 30 Publications...... 39 Grants for Research Operating in 2004...... 55 Research Candidates ...... 58 Coursework Economic Projects & Theses Completed in 2004 ...... 64 PhD, MPhil and MEcon Theses Awarded in 2004...... 67 Undergraduate & Graduate Courses Offered in 2004 ...... 68

2004: Summary

In 2004, Associate Professor George Docwra retired after many years of distinguished service to the School. Associate Professor Tony Makin was on leave of absence as a senior consultant at the International Monetary Fund and Associate Professor Jie Zhang was on leave of absence at the National University of Singapore. Once again, the School was very fortunate to have a stream of distinguished visitors. Among them, Professor Thomas Moutos (Athens), Professor Steve Bradley (Lancaster) and Professor Erwin Diewert (British Columbia). We were very pleased that Professor Alan Fels agreed to present the 14th Colin Clark Lecture. Most staff gave presentations in Australia or overseas. Professor John Quiggin made the largest number of presentations and media contributions.

With regard to research, the School was highly productive, authoring well over 250 papers, theses, reviews and books. Importantly, in terms of the number of very high quality journal publications, 2004 was the School’s best ever year. On a range of measures of journal quality and impact, the School ranked within the top three in Australia. Twenty-four research grants were also held in the School, of which eleven were Australian Research Council funded. Total research funding was the highest on record.

Postgraduate research remained a very high priority in the School with 56 research students mainly enrolled in the PhD program plus 21 more that were jointly supervised in other schools, reflecting the interdisciplinary strength that exists. Graduates from our prestigious postgraduate honours program continue to be in very strong demand in government, finance and business. In 2004, 21 students graduated with honours in economics and econometrics.

Both the academic and administrative staff should be congratulated in achieving so many tangible successes, particularly in a funding climate that has not been improving. As the contents of this Report show, 2004 was an outstanding year for the School of Economics.

Professor John Foster Head of School

School of Economics, The University of Queensland 1

Mission Statement

MISSION The School of Economics is committed to maintaining a high standard in economic research, teaching, community service and professional service.

Research Objectives • To develop research capabilities across the broad range of economics of particular benefit to Queensland and Australia. • To develop expertise in selected areas of research in which the School aims to have a leading Australian or international position. • To work in emerging, or ‘frontier’, areas of theoretical and empirical research. • Towards these ends, the School seeks to maintain a high publication rate in refereed journals and other publications of academic and professional significance. It will reward staff according to research performance and will appoint staff committed to fostering research. The School will promote research in collaboration with other universities and research bodies.

Teaching Objectives • To maintain the highest standards in teaching, in the development and transmission of knowledge and of research skills. • To reward staff with high levels of teaching performance and graduate supervision. • The School emphasises both rigour in economic analysis and comprehensive training in the application of economic statistics. It offers a range of courses necessary to ensure that our students receive a high quality degree and will be employable in both the public and private sectors.

Community and Professional Service • To provide community services in the economics area, particularly in Queensland, in fulfilment of our professional obligations to the community. Community service can be shown in several ways. For example, by appropriate types of contract research, consulting, contributions to conferences dealing with community issues, radio and newspaper contributions. • The School recognises its prominence as a professional teaching and research body in Queensland, and the obligations this brings in providing professional leadership in the State and, where appropriate, nationally and internationally.

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GOALS The Mission Statement leads to the following specific goals that form the basis of the School’s Strategic Plan.

1 To produce high quality research and scholarship and to publish in internationally refereed journals. 2 To maintain the highest academic standards in all our teaching programs. 3 To produce a strong flow of the highest quality professional and academic economists from our BEcon Honours, Masters by coursework, PhD and MPhil programs. 4 To produce a strong flow of BEcon graduates with economic skills that will make them highly effective and successful in a range of managerial, administrative and advisory occupations. 5 To ensure excellence in teaching in all our undergraduate and graduate programs. 6 To be recognised internationally as a ‘top three’ School of Economics in Australia. 7 To meet the needs of other Schools in the University for economics instruction in their respective programs in a responsive and innovative way. 8 To provide high quality information and advice to the University, the community and the economics profession. 9 To maintain a close and ongoing relationship with our alumni through participation in alumni events and the dissemination of materials informing alumni of activities and developments in the School. 10 To efficiently manage the resources of the School and to ensure financial viability in the future.

School of Economics, The University of Queensland 3

School Staff 2004

Professors Harry F. Campbell, MA St Andrews, PhD Queens Tim Coelli, BAppEcon, DipCompSci, PhD UNE John Foster, BA(Hons) Cov Poly, MA(Econ) Manc., PhD Manc. FASSA John Mangan, BEcon(Hons) Qld, MEcon Qld., DipEd Qld., MA Lancaster, PhD Lancaster John Quiggin, BA ANU, BEcon ANU, MEcon ANU, PhD ANU, FASSA, FAICD Prasada Rao, BA And., MA And., PhD IStatI, FASSA Clement A. Tisdell, BCom(Econ) NSW, PhD ANU, FASSA

Readers / Associate Professors Dr Philip M. Bodman, BA, MA Essex, PhD Queens Dr Richard P.C. Brown, BCom(Hons) Natal, MCom Natal, MA East Anglia, PhD Groningen Dr Joseph C.H. Chai, DipCom New Asia Coll., DipVolkswirt FU Berlin, Dr rer Pol FU Berlin Dr Chris Doran, BEcon(Hons) Newcastle, PhD Newcastle Dr Peter Earl, BA(Econ)(Hons) Camb, MA, PhD Cambridge Dr Stephen R. Harrison, QDA Qld Agr College, BAgrSc(Hons) Qld, BEcon Qld, PhD Qld Dr Anthony J. Makin, BA Qld, BEcon Qld, MEc ANU, PhD ANU Dr Ghanshyam B. Mehta, BA Bom, MA Berkley, PhD Berkley Dr Paul C. Riethmuller, BAgrSc Qld, MEcon Qld, PhD Minnesota Dr Kartik C. Roy, BA(Hons) Calc, MA(PolEc) Calc, PhD Gujarat, MEconSt Qld, PhD Qld Dr Guy West, BEcon(Hons) Qld, MEconSt Qld, PhD Qld Dr Jie Zhang, BA(Econ) Sichuan, MBA Nankai, MA(Econ) W. Ont., PhD W. Ont.

Senior Lecturers Dr Mohammad Alauddin, MA Rajshahi, Bangladesh, MEcon Adel, PhD Newcastle(NSW) Dr John Asafu-Adjaye, BSc Ghana, MSc Aston, PhD Alberta Mr L. Alan. Duhs, BEcon(Hons) Qld, BA Qld, MA Sus Dr Sukhan Jackson, BA(Hons) Malaya, GradCertEd Hull, PhD Griff Dr Bruce Littleboy, BEcon(Hons) Qld, PhD Qld Dr Renuka Mahadevan, BSc Nat Uni Sing., DipEd Inst Ed, Sing., MEcon ANU, PhD ANU Dr Tom D. Mandeville, BScAg Alberta, MEcon NE, PhD Qld Dr Chris O’Donnell, BAgrEc(Hons) NE, MCom NSW, PhD Syd Dr Alicia Rambaldi, BRuralSc Córdoba, MSc Louisiana, PhD Louisiana Dr Jon D. Stanford, BEcon(Hons) Qld, PhD Leic, FSIA

4 2004 Annual Report Lecturers Mr Rodney Beard, BA Griff, Diploma-Volkswirt Konstanz Mrs Averil Cook, BSc Syd, DipEd Syd, MEconSt Qld Mr Maurice Dwyer, BEcon Qld, MQual Qld, MEconSt Qld Dr Amanda Fitzgibbons, BA(Hons) Qld, PhD Qld, GCEd Qld Dr James Laurenceson, BEcon(Hons) Qld, PhD Qld, GCEd Qld Dr Gareth Leeves, BSc(Econ)(Hons) Leics, MSc(IndRel) Bath, PhD UNSW Dr Colin Nicholson, BCom(Hons) Newcastle(NSW), GDipEconStats UNE, PhD Qld, BTh SFC, CPA Dr Jason Potts, BCom(Hons) Otago, PhD Lincoln Dr Jacqueline Robinson, BA UWA, DipEd UWA, BEcon Qld, MEconSt Qld, PhD Qld Dr Kam-Ki Tang, BSc(Hons) HKU, GDipAppEc Macquarie, MEc ANU, PhD ANU Mr Leopoldo Yanes, BA(Econ) UCAB, MSc(Econ) LSE

Chief Scientific Officer Mr Noel K. Fletcher, BEcon Qld, DipInfmProcessing Qld, MEconSt Qld

Postdoctoral Research Fellow Dr Mohammad Hossain, BSS(Econ) Chittagong Univ, MSS(Econ) Chittagong Univ, MA(Econ) Western Illinois, PhD UQ Dr Supawat Rungsuriyawiboon, BEng(Hons) Chaing Mai Uni, MSMineralEcon Colorado School of Mines, PhD Pennsylvania State University Dr Jungo Suh, BA(Econ) Dongguk, MA (PolSci & Econ) Songnam, PhD Qld Dr Tyron Venn, BSc(Forestry) ANU, BEcon ANU, BEcon(Hons) UQ, PhD UQ Dr Clevo Wilson, BA Peradeniya, MPhil Cambridge, MSc Glasgow, PhD St. Andrews

Honorary Research Consultants Dr George E. Docwra, BEcon (Hons), MEc Syd, DipEd Syd, PhD Qld Emer Prof Rodney C. Jensen, Professor Emeritus, QDAH Qld.AC, QDA Qld.AC, QDH Qld. AC, AEd Qld., BEcon Qld., MAgEc NE, PhD Qld. Dr Neil D. Karunaratne, BA Ceyl., MA Delhi, PhD Sus. Dr A. George Kenwood, BA Sheff., PhD Lond. Emer Prof H.M. (Ted) Kolsen, BEc Syd., PhD Lond.

Honorary Professor Prof J. Stan Metcalfe, CBE, BA(Econ) Manchester, MSc Manchester Prof Scott Holmes, BCom Newcastle (NSW), PhD ANU Prof Steve Bradley, BA Leeds, MA Lancaster, PhD Lancaster

Honorary Associate Professor Dr Robert A. Cage, BS(Hons) Portland State, MA Oregon, PhD Glasgow

School of Economics, The University of Queensland 5 Adjunct Professors Dr Sally Driml, BSc(Hons) Griffith, MRegSc Qld, PhD ANU Mr E. John Hall, BCom UQ, BEcon UQ, MBA UQ

Administrative Staff Marion Tomes, BA (Qld) (School Executive Officer) Leonard Fitzpatrick, BCom (GU), (Marketing and International Relations Officer) GDipAppFin (Sec Inst) Margaret Cowan (Office Manager & Secretary to Head of School) Craig Mosely (Administrative Officer – Web Management) Rachel Tutton, BEcon (Qld), BA (UQ), (Administrative Officer – 1st Year Tutorial GDipEcon (UQ) Programs) Julie Waldon (Administrative Officer – Graduate Programs) Marie Keynes (Enquiries Office Supervisor) Kaelene Matts (Administrative Assistant) Margaret Bell (Enquiries Office) Lauren Vincent (Enquiries Office) Genevieve Larsen, BSc(AppPhys) (Administrative Assistant) (UT Syd) Sue Hickey (Administrative Assistant) Suzanne Scott (Administrative Assistant)

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Staff Profiles

Areas of Expertise • natural resource economics • public finance and cost-benefit analysis • microeconomic theory • applied econometrics

Current Research Interests • commercial fisheries in Australia and Pacific region

Professor • recreational fisheries evaluation Harry F. Campbell, • forest policy MA (St Andrews), PhD • cost of public funds in Australia (Queens) Professional Membership • International Institute of Fisheries Economics and Trade (President) • Economic Society of Australia

Areas of Expertise • econometrics • production economics • productivity and efficiency analysis

Current Research Interests • econometric estimation of distance functions • performance measurement for regulation

Professor • performance measurement in developing country agriculture Tim Coelli • primal measures of scope economies BAppEc DipCompSci, PhD • public sector performance measurement (UNE) • aggregation of productivity measures

Professional Membership • Journal of Productivity Analysis (Editorial Board) • Agricultural Economics (Editorial Advisory Board)

School of Economics, The University of Queensland 7

Areas of Expertise • evolutionary economics • macroeconomics and it’s applications in monetary economics • labour economics

Current Research Interests • the macroeconomy as a complex adaptive system • application of self-organisation theory to statistical/econometric

Professor modelling in the presence of structural transition John Foster, • the theory of competition and competition policy BA (Cov Poly), MA(Econ), • legal and regulatory interactions with the process of economic PhD (Manc) FASSA evolution Head of School Professional Membership • Academy of Social Sciences in Australia (Fellow) • Clare Hall College, Cambridge (Life Member) • ESRC Centre for Research on Innovation and Competition • University of Manchester (Distinguished Associate) • International Joseph A. Schumpeter Society (Vice-President) • The University of Queensland Academic Board

Areas of Expertise • labour economics • regional economics • industrial economics

Current Research Interests • non-standard employment • unpaid for working time

Professor Professional Membership John E. Mangan, • International Journal of Manpower (Editorial Board) BEcon(Hons) (Qld), MEcon • Australasian Journal of Regional Studies (Joint Editor) (Qld), DipEd (Qld), MA (Lancaster), PhD • Focus on Economics (Co-editor for Oxford University Press) (Lancaster) • Research Director, Labour Market Research Group (DETIR) Director, Centre for Economic • Economic Modelling Advisory Group (Queensland Treasury) Policy Modelling Member • Labour Market Focus Group (Queensland Treasury) Member • Jobs Policy Council for Queensland (Member)

8 2004 Annual Report

Areas of Expertise • risk and uncertainty • environmental and resource economics • agricultural economics • microeconomic reform • economic theory

Current Research Interests Professor • Murray-Darling Basin John Quiggin • state-contingent models of production and finance BA (ANU), BEcon (ANU), • uncertainty and sustainability MEcon (ANU), PhD (ANU), • Australian Economic Policy FASSA

ARC Federation Fellow Professional Membership • Academy of Social Sciences in Australia (Fellow) • American Agricultural Economics Association (Fellow) • Australian Institute of Company Directors (Fellow) • Australian Economic Papers (Member, Editorial Board) • Australian Journal of Agricultural and Resource Economics (Member, Editorial Board) • Economic and Labour Relations Review (Member, Editorial Board) • Journal of Economic and Social Policy (Member, Editorial Board) • Journal of Economic Behavior and Organization (Member, Editorial Board) • Journal of Risk and Uncertainty (Member, Editorial Board)

Areas of Expertise • applied econometrics • index numbers • income distributions and inequality measurement

Current Research Interests • international comparisons of real income, output and productivity • measurement of regional and global inequality Professor • metafrontier models Prasada Rao • purchasing power parities for global and regional poverty BA (And), MA (And), PhD measurement (IStatl), FASSA • consistent space-time comparisons of real income • agricultural productivity, growth and poverty

Professional Membership • Academy of Social Sciences of Australia (Fellow) • International Association for Research in Income and Wealth • International Statistical Institute • Econometric Society

School of Economics, The University of Queensland 9

Areas of Expertise • applications of microeconomics to fields such as natural resource economics, managerial and decision economics, environmental (especially ecological) economics, social economics and development economics

Current Research Interests • ecological and environmental economics • economics of natural resource management, especially Professor management of living resources Clement A. Tisdell, • aquaculture economics BCom(Econ) (NSW), PhD • economics of tourism (ANU), FASSA • optimally imperfect decisions and the economic consequences of imperfection • science and technology policy • economic development problems particularly in Asia and in small South Pacific states • issues in managerial economics

Professional Membership • Academy of Social Science in Australia (Fellow) • International Association of Aquaculture Economics and Management • Honorary Professor, People’s University of China • Applied Economic Letters (Editorial Board) • Australian Journal of Regional Studies (Editorial Board) • The Middle East Business and Economic Review (Editorial Board) • Aquaculture Economics and Management (Editorial Board) • Contemporary Economic Policy (Editorial Board) • Gajah: The Journal of the IUCN Asian Elephant Specialist Group (Editorial Board) • Journal of Economic Surveys (Editorial Board) • International Journal of Social Economics (Editorial Board) • Journal of Defence Economics (Editorial Board) • Ecological Economics (Editorial Board) • Prometheus (Editorial Board) • Indian Journal of Quantitative Economics: An International Journal of Development Economics (Editorial Board) • Indian Journal of Economics (Editorial Board) • Economic Administration (Editorial Board) • Southeast Asian Review (Editorial Board) • South Asian Development Studies (Editorial Board)

10 2004 Annual Report

Areas of Expertise • macroeconomics • applied econometrics • international macroeconomics • labour economics

Current Research Interests • econometric modelling and dating of business cycles

Associate Professor • GDP and unemployment and international influences on the Dr Philip M. Bodman, Australian economy BA, MA (Essex), PhD • intertemporal analysis of the sustainability of deficits (Queens) • the relationships between trade, education, migration and economic growth • labour market matching and labour market efficiency • the economics of education, unemployment and the NAIRU • trade union membership • regional and international factor flows • income distribution • empirical aspects of fiscal federalism • the economics of crime

Areas of Expertise • applied development econometrics • cost-benefit analysis • international resource flows

Current Research Interests • international labour migration in the Asia-Pacific region • evaluation of public and private sector projects

Associate Professor • valuation of multiple-use natural resources using discrete choice Dr Richard P.C. Brown, modelling methodologies MCom (Natal), MA (East Anglia), PhD (Groningen)

Areas of Expertise • growth and development • trade and foreign direct investment • income distribution • transitional economies

Current Research Interests • reform of Chinese state-owned enterprises

Associate Professor • China’s modernisation experience, trade, environment and Dr Joseph C.H. Chai, foreign direct investment in the Asia-Pacific region Dipl Volkswirt (FU Berlin), Dr rer Pol (FU Berlin)

School of Economics, The University of Queensland 11

Areas of Expertise • economic evaluation • pharmacoeconomics • health policy • project design and implementation

Current Research Interests • disease modelling and cost-effectiveness • illicit opioid use in developed countries Associate Professor measuring poverty in Vietnam Chris Doran • BEcon(Hons) Newcastle, PhD • cost-effectiveness of dose administered aids Newcastle • contingent valuation and alcohol harm

Areas of Expertise • economic psychology • growth of knowledge approaches to the firm • the contributions of five heterodox economists and their places in the history of economic thought – Andrews, Richardson, Shackle, Simon and Scitovsky • post-Keynesian monetary economics • links between the areas of heterodox economics

Associate Professor Current Research Interests Dr Peter Earl, • introspective research methods and their application to MA, PhD (Cambridge) economics • business economics in terms of connections and complex systems

Areas of Expertise • natural resource and environmental economics • statistical methods • operations research

Current Research Interests • economics of forestry, recreation, water resources and energy • animal health economics

Associate Professor Dr Stephen R. Harrison, Professional Membership QDA (Qld Agr College), • Economic Analysis and Policy (Editor) BAgrSc (Qld), BEcon (Qld), PhD (Qld)

12 2004 Annual Report

Areas of Expertise • open economy macroeconomics • macroeconomic policy • international finance

Current Research Interests • capital and interest rate theory • the effectiveness of fiscal and monetary policy in the open

Associate Professor economy Dr Anthony J. Makin, • foreign investment, exchange rate and external account BA (Qld), BEcon (Qld), MEc determination (ANU), PhD (ANU) Chair Graduate Studies Professional Membership Committee • Agenda (Editorial Board) • Economic Analysis and Policy (Associate Editor) • Australian Pacific Economic Cooperation Council (Member)

Areas of Expertise • economic theory • Keynesian economics • philosophy and history of economic thought

Associate Professor Dr G.B. Mehta, BA (Bom), MA (Berkley), PhD (Berkley)

Areas of Expertise • applied microeconomics, specifically agricultural economics

Current Research Interests • Japanese agricultural policies • the Japanese distribution system • livestock industries in Asia

Professional Membership Associate Professor • Animal Science Journal (Editorial Board) Dr Paul C. Riethmuller, BAgrSc (Qld), MEcon (Qld), PhD (Minnesota), GCEd (Qld) Graduate Coursework Advisor, Graduate Coordinator

School of Economics, The University of Queensland 13

Areas of Expertise • economic theory • money banking and international finance • development planning • international trade and development economics • Australian economy • comparative economic systems and development • industrial relations • human resource development Associate Professor • environment and development Dr Kartik C. Roy, MA(Econ) (Calc), MA(PolEc) • technological change and rural poverty (Calc), PhD (Gujarat), • women’s studies MEconSt (Qld), PhD (Qld) • Asia-Pacific & Sub-Saharan economies

Areas of Expertise • regional economic modelling

Current Research Interests • the theory and application of interindustry models particularly in an integrated spatial econometric framework • nature of economic structure at the regional and national levels • regional economic projection, planning and growth

Associate Professor Professional Membership Dr Guy West, • Centre for Economic Policy Modelling – Deputy Director BEcon (Qld), MEconSt (Qld), PhD (Qld)

Areas of Expertise • macroeconomics • economic growth • developments in economics • public finance

Current Research Interests • impacts and optimal designs of public policy in the areas of

Associate Professor taxation, regulation, government debt, social security, social Dr Jie Zhang, welfare and education subsidies BA(Econ) (Sichuan), MBA • impacts of demographic changes such as population aging and (Nankai), MA(Econ) (Western rising longevity on saving, investment, retirement age and Ontario), PhD (Western growth Ontario) • urbanisation, population transition and institutional changes in the development process

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Areas of Expertise • applied microeconomics • development and environmental economics • economics education

Current Research Interests • explaining student perception of teaching • environmentalizing economics development

Senior Lecturer • explaining agricultural productivity differences among countries Dr Mohammad Alauddin, BA(Hons) (Rajshahi, Bangladesh), MA (Rajshahi, Bangladesh), MEcon (Adel), PhD (Newcastle), G.CertEd.

Areas of Expertise • environmental and natural resource economics • quantitative methods • computable general equilibrium (CGE) modelling

Current Research Interests • economic and environmental policy analysis of Asia-Pacific economies • modelling of Australia’s information economy using CGE Senior Lecturer • dynamic consumer demand modelling Dr John Asafu-Adjaye, • modelling of ecological and economic systems BSc (Ghana), MSc (Aston), PhD (Alberta)

Areas of Expertise • social economics • economic development • methodology of the social sciences

Current Research Interests • development economics • reforms in the tertiary education sector Senior Lecturer • economic philosophy Mr L.A. Duhs, • applied microeconomics BEcon (Qld), BA (Qld), MA • the Queensland economy (Sus)

School of Economics, The University of Queensland 15

Areas of Expertise • the economy of China • international health in developing countries • health economics • economic development • industrial relations

Current Research Interests

Senior Lecturer • health financing in China Dr Sukhan Jackson, • rural health services in China BA (Malaya), GradCertEd • public health economics in developing countries (Hull), PhD (Griff) Graduate Coursework Advisor

Areas of Expertise • macroeconomic theory and policy, especially modern re- evaluations of Keynesian economics • Keynes’ political, economic and social philosophy

Current Research Interests • philosophy and methodology of economics • history of macroeconomic theory, social economics, economics and postmodernity

Senior Lecturer Dr Bruce Littleboy, BEcon (Qld), PHD (Qld)

Areas of Expertise • productivity growth analysis • time series and panel data analysis • computable general equilibrium modelling

Current Research Interests • applied econometrics work related to policy issues and Senior Lecturer development economics in Asia-Pacific economies Dr Renuka Mahadevan, BSc (Nat Uni Singapore), DipEd (Inst Ed, Singapore), MEcon (ANU), PhD (ANU)

16 2004 Annual Report

Areas of Expertise • economics of information and knowledge • economics of innovation and information technology • economics of intellectual property • regional economics

Current Research Interests • knowledge policy and management

Senior Lecturer • creative industries Dr Tom D. Mandeville, • the new, collaborative, networked economy BScAg (Alberta), MEcon (NE), • complexity theory and self organisation PhD (Qld) • knowledge and innovation

Areas of Expertise • applied econometrics • efficiency and productivity analysis • production economics • consumer demand analysis

Current Research Interests • equality- and inequality-constrained estimation Senior Lecturer • Bayesian model averaging Dr Chris O’Donnell • estimation of state-contingent production frontiers BAgrEc(Hons)(NE), MCom (NSW), PhD (Syd) Professional Membership • Australian Journal of Agricultural and Resource Economics (Co- editor) • Journal of Agriculture and Food Industrial Organization (Associate Editor)

Areas of Expertise • time series econometrics • state-space models • applied econometrics

Current Research Interests • state space models and the Kalman filter • incomplete panels

Senior Lecturer Dr Alicia Rambaldi, BRuralSc (Córdoba), MSc (LSU), PhD (LSU)

School of Economics, The University of Queensland 17

Areas of Expertise • monetary and financial economies and economic policy

Current Research Interests • economics of emerging financial markets • prudential regulation of financial institutions • economic analysis of legal rules and the new Global Financial Architecture

Senior Lecturer • the economics of superannuation Dr Jon D. Stanford, BEcon (Qld), PhD (Leic), FSIA Professional Membership • Economic Society of Australia (Qld) Inc. (Immediate Past President) • Economic Society of Australia (Qld) Inc. (Life Member) • Economic Analysis and Policy, (Chair, Editorial Board) • JASSA – The Journal of the Securities Institute of Australia, (Editorial Board) • Securities Institute of Australia (Fellow)

Areas of Expertise • game theory and mathematical economics • econometrics • operations research • experimental economics • computational economics • dynamic game theory • optimal control theory Lecturer • stochastic differential games Mr Rodney Beard, • nonparametric and continuous time econometrics BA (Griff), Diploma-Volkswirt • Monte-Carlo methods (Konstanz) Current Research Interests • agricultural resource and financial economics • the theory of Rural Organisation • public goods • common property • institutions

Areas of Expertise • non-market evaluation • travel cost analysis

Current Research Interests • non-market valuation • recreation and tourism • tertiary teaching and learning

Lecturer Mrs Averil Cook, BSc (Syd), DipEd (Syd), MEconSt (Qld)

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Lecturer Areas of Expertise Dr Amanda Fitzgibbons • economic history, especially Australian BA(Hons) (Qld), PhD (Qld), • microeconomic reform GCEd (Qld) • economic reform and public policy processes • history of economic thought • complexity theory

Current Research Interests • financial deregulation in Australia • the economics of George Shackle and Complexity Theory • microeconomic reforms in Australia – historical and current

Areas of Expertise • finance in economic development • Asian economies • microeconomics

Current Research Interests • China’s international financial integration • Japan’s contemporary economy • teaching and learning of economics

Lecturer Dr James Laurenceson, Professional Membership BEcon (Hons), PhD (Qld) • Association of Chinese Economic Studies (Australia) • Australia-Japan Society (Queensland)

Areas of Expertise • labour economics • applied econometrics

Current Research Interests • the dynamics of labour market adjustment • absenteeism • internal labour markets

Lecturer Dr Gareth Leeves, BSc(Econ) (Leics), MSc (Bath), PhD (UNSW)

School of Economics, The University of Queensland 19

Current Research Interests • welfare economics • environmental economics • aspects of social and political philosophy in economics • history of economic thought • comparative economics • growth and development economics • management of financial institutions

Lecturer • macroeconomic theory and policy Dr Colin Nicholson BCom (Newcastle), GDipEconStats (UNE), PhD (Qld), BTh (SFC), CPA

Areas of Expertise • economic evolution

Current Research Interests • Evolutionary economics • complex systems theory • financial markets and bubbles • economics of nuclear energy

Lecturer • ontology Dr Jason Potts, • growth and development theory BCom (Otago), PhD (Lincoln) • micro-meso-macro

Areas of Expertise • applied natural resource management and evaluation of public sector investment projects utilising cost-benefit, input-output and multiple criteria analysis • identification and management of sources of market failure impacting on the environment

Current Research Interests • the development of decision-support techniques to assist the evaluation of ecosystem service provision from wetlands Lecturer • the design of incentives for the management of wetlands Dr Jacqueline Robinson, BA (UWA), DipEd (UWA), BEcon (Qld), MEconSt (Qld), PhD (Qld)

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Areas of Expertise • macroeconomic modelling • international economics

Current Research Interests • mortality and inequality • foreign direct and portfolio investment • international financial centres Lecturer Dr Kam-Ki Tang, BSc (HKU), GDipAppEc (Macquarie), MEc (ANU), PhD (ANU)

Areas of Expertise • economic growth and international trade theory • game theory • applied microeconomic theory

Current Research Interests • endogenous product differentiation (vertical and horizontal), and it’s relationship to economic development or international trade • link between industrial organisation, economic growth and Lecturer international trade Mr Leopoldo Yanes BA(Econ) (UCAB), MSc(Econ) (LSE)

Current Research Interests • application of computers to problem solving • computer simulation • sample survey design • econometrics • tourism studies

Chief Scientific Officer Mr Noel K. Fletcher, BEcon (Qld), DipInfmProcessing (Qld), MEconSt (Qld) Academic Advisor (Undergraduate Students) in the Faculty of Business, Economics and Law

School of Economics, The University of Queensland 21

Areas of Expertise • natural resource economics • choice modelling

Current Research Interests • non-market values of natural resources • forest industry development in developing countries • issues in sustainable development • tourism economics and regional development

Postdoctoral Research Fellow Dr Jungho Suh BA(Econ)(Dongguk), MA (PolSci & Econ) (AKS), PhD (Qld)

Areas of Expertise • environmental and ecological economics • natural resource economics • development economics • tourism economics

Current Research Interests • environmental and development economics

Postdoctoral Research • agricultural pollution, health economics (especially health effects Fellow of pollution), ecotourism (tourism economics), marine and Dr Clevo Wilson, natural resource economics BA (Peradeniya), MPhil • wildlife, forest, nature reserve and national parks valuation (Cambridge), MSc (Glasgow), PhD (St. Andrews)

Dr Mohammad Hossain Current Research Interests BSS(Econ) Chittagong Uni, • international trade and development MSS(Econ) (Chittagong • microeconomic reforms and their impacts on growth, efficiency, Uni), MA(Econ) (Western income distribution and poverty Illinois), PhD (UQ) • applied econometrics • women and development • commercialisation of women’s work in Bangladesh and its implications

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Dr Supawat Current Research Interests Rungsuriyawiboon, • efficiency and productivity analysis BEng(Hons) (Chaing Mai Uni), • dynamic efficiency MSMineralEcon (Colorado • economics of production School of Mines), PhD • optimisation method (Pennsylvania State • energy economics University) • applied econometrics • deregulation • mineral finance

Areas of Expertise • microeconomic policy • regulatory economics • industrial organisation • transport economics

Current Research Interests • Australian transport policy • government regulation of industry Honorary Research • cost-recovery in the transport sector Consultant • electricity markets Dr George E. Docwra, MEc (Syd), DipEd (Syd), PhD • regulation of greenhouse gas emissions (Qld) • telecommunications Honours Coursework Advisor

Honorary Research Areas of Expertise Consultant • regional economics Emer Prof Rodney C. • urban economics Jensen, • other applications of microeconomics AEd (Qld), BEcon (Qld), • general regional science MAgEc (NE), PhD (Qld) Professor Emeritus, The Current Research Interests University of Queensland • the theory and application of input-output models • the nature of economic structure at the urban and regional levels • public finance aspects of local government • regional planning and growth • local economic development approaches and methods • the methodology of regional science

School of Economics, The University of Queensland 23

Areas of Expertise • international economics • macroeconomics • econometrics • development economics • input-output analysis • project evaluation

Honorary Research Current Research Interests Consultant • Australian macroeconomic policy issues Dr Neil D. Karunaratne, • Australia’s trade with Asia and Pacific economies BA (Ceyl), MA (Delhi), PhD • developing economies (Sus), FIS (London), • computable general equilibrium modelling (CGE) AMBIM (ret. 30/6/02) • globalisation issues Honours Coursework • current account and fiscal sustainability Advisor

Honorary Research Areas of Expertise Consultant • economic history Dr A. George Kenwood, • economic development BA (Sheff), PhD (Lond) Current Research Interests • regional investment activity in Britain during the nineteenth century • the Queensland economy between the wars

Honorary Research Areas of Expertise Consultant • applied microeconomics, especially in the transport and public Emer Prof H.M. (Ted) enterprise areas Kolsen, BEc (Syd), PhD (Lond) Current Research Interests Professor Emeritus, The • the economic regulation of industry University of Queensland • transport policy • impact of institutions and the constitutional environment on policy options

24 2004 Annual Report

Honorary Professor Current Research Interests Prof J. Stan Metcalfe, • evolutionary economics CBE, BA(Econ) (Manchester), • industry economics MSc (Manchester) • the study of technical change • the economics of science policy and the formulation of technology strategy

Professional Membership • Stanley Jevons Professor of Political Economy and Cobden Lecturer in the Department of Economics, University of Manchester • Directory of the ESRC Centre for Research on Innovation and Competition

Honorary Professor Prof Scott Holmes BCom (Newcastle) (NSW), PhD (ANU)

Honorary Professor Prof Steve Bradley BA (Leeds), MA (Lancaster), PhD (Lancaster)

Areas Of Expertise • economic history

Current Research Interests • British working-class conditions • the development of welfare and public health in Britain and Australia

Honorary Associate Professor Dr Robert A. Cage, BS (Portland State), MA (Oregon), PhD (Glasgow)

School of Economics, The University of Queensland 25

Adjunct Professor Professional Membership Dr Sally Driml • Climate Change and Economics Units, Environmental Policy and BSc(Hons) (Griffith), MRegSc Economics, Environmental Protection Agency, Queensland (Qld), PhD (ANU) (Team Leader) • Environmental Institute of Australia (Member) • International Society for Ecological Economics (Member) • Australian and New Zealand Society for Ecological Economics (Member)

Past Professional Membership • Department of Environment and Heritage, Environmental Protection Agency • Kinhill Economics, Brisbane • Australian Bureau of Agricultural and Resource Economics (Senior Economist)

Adjunct Professor Mr E. John Hall, BCom (UQ), BEcon (UQ), MBA (UQ)

26 2004 Annual Report

Visitors to the School

Berys Gwynne Executive Director of the Foundation for Development Cooperation (FDC), met with academics to discuss how the School could work with FDC. The Foundation for Development Cooperation is an independent ‘international development’ think-tank based here in Brisbane. Established in 1990 as a result of the determination and generosity of a local businessman, FDC is the only organisation of its kind devoted to action on research, policy dialogue and advocacy and capacity building on international development issues. Its geographical focus is Asia and the Pacific. See www.fdc.org.au and www.bwtp.org for further information.

Ms Maria Jesus Campion Visiting Academic, University of Pamplona, Spain. 7 October – 30 November 2004.

Ms Kong Xiangping Occupational Trainee, Xiamen Univeristy. 16 February – 30 June 2004.

Professor Steve Bradley Visiting Professor. Department of Economics, Lancaster University. Visiting Fellow. 5 – 24 July 2004.

Dr Takeshi Hidaka Visiting Fellow. Faculty of Agriculture, Kinki University, Nara City, Japan. Visiting Fellow. 1 April – 31 July, 2004.

Dr Alexej Lissitsa Visiting Fellow. Institute of Agricultural Development in Central & Eastern Europe (IAMO) Department Structural Development of Farms and Rural Areas. Visiting Fellow. 5 July – 30 October, 2004.

Professor Thomas Moutos Visiting Professor. Athens University of Economics and Business. Visiting Professor. 1 March – 1 May, 2004.

Dr R. Sathiendrakumar Visiting Academic. Murdoch University. 25 October – 4 November 2004.

The Following Visitors attended the 16th AnnualConference of the Association for Chinese Economic Studies hosted by the School of Economics in 2004

Prof. Li Tiande Visiting Professor, Sichuan University, China. 19-25 July 2004.

Dr Xiaolu Wang Visiting Fellow, National Economic Research Institute, China, 19-25 July 2004.

Prof. Xuheng Zang Visiting Professor, Shandong University, China. 19-25 July 2004.

Professor Hongwei Zhang Visiting Professor, Sichuan University, China, 19-25 July 2004.

Ms Wei Li Visiting Fellow, Shandong University, China. 19-25 July 2004.

Professor Liu Ming Visiting Professor, Sichuan University, China. 19-25 July 2004.

School of Economics, The University of Queensland 27

School Seminar Program 2004

Semester 1 Date Topic Speaker

5 March The Assimilation of Recently Arrived Migrants: Parvinder Kler Evidence from Australia The University of Queensland

12 March Bank Net Interest Margins and Mergers: Recent Barry Williams Australian Evidence Bond University

19 March Econometrics: A Failed Science? Jan Kmenta University of Michigan

26 March New Evidence on Financial Activity and Economic Michael Graff Performance Reserve Bank of New Zealand

31 March Monopoly, Inequality and Redistribution via the Thomas Moutos Public Provision of Private Goods Athens University of Economics and Business

2 April Does Gibrat’s Law Hold in the Pharmaceutical Luigi Orsenigo Industry? University of Brescia, Italy

23 April Rule Formation Under Complexity: an Joseph Clark Experimental Study with an Application to the PhD Confirmation Seminar Superannuation Industry

30 April When Should an Invader be Eradicated? Oscar Cacho University of New England

7 May Modelling a Player’s Perspective II: Inductive Jeffrey Kline Derivation of an Individual View Bond University

14 May Constructing Divisia Indexes from Retail Scanner Breige Allan-Greer Data Using Wavelet Methods PhD Confirmation Seminar

21 May Cancelled Hong Son Nghiem PhD Confirmation Seminar

28 May Energy and Economic Evolution Alan Raine PhD Confirmation Seminar

4 June Tests of benefit transfer with stated preferences: John Rolfe Environmental values in the Fitzroy Basin Central Queensland University

28 2004 Annual Report

Semester 2 Date Topic Speaker 30 July Unforeseen contingencies and the precautionary John Quiggin principle The University of Queensland 6 August The Wealth of Mexican Americans Deborah Cobb-Clark Australian National University 13 August An Economic Evaluation of Maternity Leave for Leonora Risse Australia PhD Confirmation Seminar 20 August 14th Colin Clark Memorial Lecture Alan Fels AO The Strategy of Economic Regulation ANZSOG, Monash University 27 August Does Corporate Utilization of Information in an Roberta Powell Environment of Financial Regulation Impact on PhD Confirmation Seminar Financial Market Stability? 3 September The Efficiency and Effectiveness of Microfinance Hong Son Nghiem in Vietnam PhD Confirmation Seminar 10 September Optimal Timber Utilisation Strategies for Wik Tyron Venn People on Cape York Peninsula The University of Queensland 17 September Does Rising Inequality harm the Middle-Class? Roberta Frank Cornell University, USA 24 September Money and Happiness: Assessing the Combined Bruce Headey Effects of Wealth, Income and Consumption Melbourne Institute of Social and Economic Research 8 October Measuring Global Poverty: Why PPP Methods Robert Ackland Matter Australian National University 15 October Cancelled Latif Adam PhD Confirmation Seminar 22 October Domestic Resource Mobilisation in a Developing Mohammed Huq Economy: Issues, Options and Prospects for PhD Confirmation Seminar Bangladesh 29 October One Shoe Does Not Fit All: Evidence from the H.M. Kolsen Market for Port Pilotage The University of Queensland 5 November Paper 1: Automated Inference and Learning in Michael McAleer Modelling Financial Volatility University of Western Australia Paper 2: Generalised Autoregressive Conditional Correlation 12 November A Personal Construct Theory of Tertiary Training Mary Hedges Choices PhD Confirmation Seminar 17 November Agent Coordination in Markets: An Evolutionary Ella Rohen Complexity Perspective PhD Confirmation Seminar 19 November Why Does Income Inequality Have Opposite Jie Zhang Effects on Growth in Poor vs Richer Countries? UQ and Singapore National Uni. 23 November The Contributions of Productivity, Price Changes Mary Hedges and Firm Size to Profitability: With Application to PhD Confirmation Seminar Telecommunications in Australia 25 November Hedonic Regressions: Some Unresolved Issues Ella Rohen PhD Confirmation Seminar 3 December Economies of Scale and Productivity Growth in Jie Zhang the English and Welsh Water and Sewerage The University of Queensland Industry and Singapore National Uni.

School of Economics, The University of Queensland 29

Seminar & Conference Presentations

Rodney Beard o attended the TEDI workshop, Honours Advising, 5 February, 2004.

Richard Brown o presented invited paper ‘Migration of Skilled Health Professionals from the South Pacific: Brain Drain with Capital Gains’ (jointly authored with John Connell) at Decentering Southeast Asia? Sixth ASEAN Inter- University Seminar on Social Development, Penang, 14-16 MayF 2004. organised by the School of Social Sciences, Universiti Sains Malaysia in collaboration with the Department of Sociology, National University of Singapore and School of Social Development, Universiti Utara Malaysia. o presented ‘Testing the Relative Productivities Approach to Real Exchange Rate Determination: An Application to Taiwan’ ( with Hooper, K.R & A. Rambaldi) at the Asia-Pacific Productivity Conference, 14-17 July 2004, Brisbane. o presented invited paper ‘The Case for Occupation-Specific Analysis of Migration and Remittance Behaviours: Pacific Island Nurses in Australia and New Zealand at Beyond MIRAB: The Political Economy of Small Islands in the 21st Century, School of Economics and Finance, Victoria University of Wellington, Wellington, New Zealand, 23-25 February 2004 (written jointly with and delivered by Prof. John Connell, University of Sydney) o presented invited paper ‘Remittances in Pacific Economies: a Potential Source of Investible Funds for MFIs?’ at Workshop on Remittances, Microfinance and Technology Transfer, hosted by Foundation for Development Cooperation and School of Economics, at The University of Queensland, Brisbane, 10-11 June 2004 o presented invited paper ‘Remittances and the Informal Economy’ Presented at conference Financing Development Colloquium, Seventh Plenary Session on “Mobilising Resources : New Mechanisms”, 12-14 August 2004, Gold Coast Convention Centre, Queensland o presented ‘International Migration, Segmented Labour Markets and Competitiveness: Amalgamating the Lewis and Balassa-Samuleson Models Manchester’ (with Karen Hooper) at The Lewis Model After 50 Years: Assessing Sir Arthur Lewiss Contribution to Development Economics and Policy, Institute for Development Policy and Management, University of Manchester 6 -7 July 2004 o Paper on ‘A Multiple Account Framework for Cost-benefit Analysis’ (with Harry Campbell) presented at conference on Industrial Economics, Shandong University, Jinan, PRC, 30-31 October 2004.

Tim Coelli o was an invited participant in the Business Longitudinal Database Workshop, organised by the Australian Bureau of Statistics, Canberra, 22 March 2004. o was an invited participant and discussant at the Performance of Air Transport Markets Conference hosted by the Services Industry Research Centre in the Asia-Pacific School of Economics and Government at the Australian National University and the Network Economics Consulting Group, Canberra, 24-25 June 2004. o together with Roger Carrington and Prasada Rao, presented a paper on ‘Measuring the Performance of Australian Universities: Conceptual Issues and Initial Results’, at the Asia-Pacific Productivity Conference, Brisbane, 14-16 July 2004. o presented a workshop on ‘Econometric Estimation of Distance

30 2004 Annual Report Functions: with Application to Price Regulation in Infrastructure Industries’ at the Universitat Autònoma de Barcelona, Barcelona, Spain, 22-23 September 2004. o presented a workshop on ‘Performance Measurement in Infrastructure Industries’ at the University of Cambridge, UK, 29, September 2004. o was invited by the Federal Minister for Ageing to be a member of the Conditional Adjustment Payment (CAP) and Prudential Reference Group. This group has been set up to provide the Minister with advice on certain issues relating to the funding of residential aged care facilities in Australia. o was appointed Acting Head of School of Economics, 23 August – 12 November 2004. o Refereed papers in: Journal of Econometrics Transportation Agricultural Economics Oxford Bulletin of Economics and Statistics Journal of Productivity Analysis Economic Enquiry Aquaculture Economics and Management World Bank Economic Review Energy Economics Economic Record Journal of Development Studies Empirical Economics Annals of Operations Research

o Examiner of PhD theses for: University of New South Wales Australian National University Averil Cook o attended the TEDI workshop, Honours Advising, 5 February 2004.

Amanda Fitzgibbons o presented ‘The Banking Sector and Financial Deregulation in Australia: drivers of reform or reluctant followers’, at the Australian Conference of Economists (ACE) in Melbourne, 26-28 September 2004.

John Foster o presented invited paper ‘Complexity, evolution and the structure of demand’ (with Jason Potts) at the Chalmers University (Sweden) Workshop on ‘Flexibility and Stability’ at the UQ Business School, 28 - 30 March 2004. o presented invited talk on ‘Innovation policy’ at the DISR ‘Innovation Policy Forum – Why Should Governments Support Innovation? The Economic Rationale’, Canberra, April 2 2004. o presented ‘A simple representation of the economic behaviour of a complex adaptive system: from Schumpeter’s insights towards a non- equilibrium theory’, at the International J.A. Schumpeter Society Conference, Bocconi University, Milan, 9 - 12 June 2004 (also elected Vice president of the Society). o invited keynote Speaker: ESRC NEXSUS Conference on ‘Organisations, Innovation and Complexity: new Perspectives on the Knowledge Economy, 9th-10th September 2004, Dalton Ellis Hall, University of Manchester o presented invited address on ‘Why is economics not a complex systems science?’ at the STEP Workshop on ‘Embracing Complexity’, Womens’ College, UQ, 29 November – 3 December 2004.

Steve Harrison o organised the ‘North Queensland Forest Industry Development Workshop’ in Cairns at the Murraya Conference Room, Cairns Student

School of Economics, The University of Queensland 31 Lodge on 28 – 29 April 2004. o presented. ‘An Evaluation of the Performance of a Community Rainforest Reforestation Program in North Queensland’ at a conference at Washington State University 29 March to 4 April 2004, co-written with R. Harrison & J. Herbohn. o contributed to ‘The influence of land and tree tenure on participation in small holder and community forestry in the Philippines’ cowritten with J. Herbohn, N. Emtage, N. Gregorio & D. Pecque, also presented at a conference at Washington State University 29 March – 4 April 2004. o contributed to ‘The social and economic factors affecting the role that nurseries play in efficient forest industry development in the Philippines’ with N. Gregorio & J. Herbohn presented at a conference at Washington State University 29 March to 4 April 2004. o attended research project meetings Freiburg, Germany, April 2004. o as joint project leader, presented a review of research undertaken over the last year in ‘Project 5.3: Social and economic aspects of reforestation’, to the Program Support Group Summit of the Rainforest Cooperative Research Centre on 1-2 June 2004, in Cairns.

Galina Ivanova o together with B. Tranter, presented a paper ‘The Environment – who cares?: Willingness to pay for ‘the environment’ in cross-national perspective’ to the Australasian Political Studies Association Conference 2004, University of Adelaide, 29 September – 1 October 2004.

Sukhan Jackson o presented the paper ‘Rural health financing in Henan province: is community-based insurance more equitable than out-of-pocket system?’ to the Association of Chinese Economic Studies of Australia (ACESA) Conference, at University of Queensland, 19-20 July 2004. o with Adrian Sleigh, Wang Guo-Jie and Liu Xi-Li presented the paper ‘Risk of pulmonary tuberculosis disease and out-migration for work among rural workers of China’s Henan province’ International Workshop on Population Dynamics and Infectious Disease in Asia, at the Asian MetaCentre for Population and Sustainable Development Analysis, Asian Research Institute, National University of Singapore, 27-29 October 2004.

James Laurenceson o attended the TEDI workshop, Honours Advising, 5 February, 2004. o participated in 2004 Queensland Economic Teachers Association conference 20 March 2004, in Brisbane at Brisbane Girls’ Grammar School. o participated in 2nd CABM/HEMA workshop (Centre for Agent Based Modelling/Human Ecosystems Modelling Network with Agents) 17-18 May 2004, held at ANU. o presented ’China’s exchange rate debate: the case against abandoning the peg’, at a conference titled ‘Transition, growth and globalization; an international conference on the Chinese economy’, held at the University of Western Australia. o presented ‘The link between attendance and assessment performance in first-year level economics courses at The University of Queensland’s Ipswich campus’, with Averil Cook, at a conference titled ‘Effective Teaching and Learning Conference 2005’ held at The University of Queensland, 5 November 2004.

Bruce Littleboy o attended the TEDI workshop, Honours Advising, 5 February 2004. o re-elected Vice President of the Cambridge Society of Queensland, a society for those with Alumni and visiting-scholar connections with Cambridge University.

32 2004 Annual Report o re-elected President of UQ’s Economics Alumni. o presented a one hour lecture on 13 January 2004 ‘The Economics of Everything’, to English Language Institute Students planning to enter the University. o interviewed by The Courier Mail on ‘Changes in product demand in the restaurant sector’ Courier Mail 20 January 2004, p. 16.

Tony Makin o lectured for the IMF Singapore Training Institute in short courses for government officials from Asia-Pacific countries on Financial Programming and Policies at the central bank of The Philippines in Manila (April); on the Macroeconomic Impact of the Budget in Singapore (August) and on Structural Adjustment and Poverty in Singapore/October). o presented a paper on ‘Financial Stability and Monetary Management’ as Australia’s representative at a Pacific Economic Co-operation Council conference on Financial Stability in the Asia-Pacific in Osaka, Japan, 20-21 March 2004. He also acted as discussant on country papers presented by delegates of The Philippines and Ecuador. o was re-appointed to the review board of The International Trade Journal; refereed papers for The Economic Record (x 2) The Australian Economic Review and The International Trade Journal; assessed several ARC Discovery Grant applications in May; invited by the United Nations Development Program to participate in a global survey of authors of well known textbooks in International Economics.

John Mangan o presented ‘An Analysis of Success and Failure in the Australian Labour Market using the HILDA Dataset’ with Professor Vani Borooah from the Department of Economics, University of Ulster on 5 March, 2004. The seminar was hosted by the Centre for Economic Policy Modelling.

Chris O’Donnell o presented ‘Some Econometrics of Inefficiency and Risk’, to the 48th Annual Conference of the Australian Agricultural and Resource Economics Society, Melbourne, 12-14 February 2004. o presented ‘A Bayesian Approach to Imposing Curvature on Distance Functions’, seminar presented at the University of Sydney, 28 May 2004.

Jason Potts o presented invited paper ‘Complexity, evolution and the structure of demand’ (with John Foster) at the Chalmers University (Sweden) Workshop on ‘Flexibility and Stability’ at the UQ Business School, 28 - 30 March 2004. o presented ‘Allocation of Complexity’ (Plenary Lecture), University of Manchester, on 17 September 2004. o presented ‘Evolutionary economics and micro meso macro’ at Santa Fe Institute, NM, USA, on 15 November 2004. o presented ‘Evolution and complexity’ at Kellog Business School, Northwest University, Chicago, USA, on 20 November 2004. o presented ‘Advances in evolutionary economics’, George Mason University, VA, USA, on 26 November 2004.

John Quiggin o invited participant at a conference on Fiscal Policy and Financial Markets hosted by the Australian National University and ICAP, Canberra, 28 October 2003. o presented a paper on ‘The defence and security budgets in the public policy process’ to the Centre for Defence and Strategic Studies (CDSS), Canberra, 29 October 2003. o presented a paper on ‘Water Reform in the Murray–Darling Basin’ to the Dept. of Natural Resources and Minerals, Brisbane, 3 November

School of Economics, The University of Queensland 33 2003. o presented a paper on ‘Trends in competition policy; regulation, facilitation and the public interest’, to the Policy Ideas series hosted by the Dept. of Premier and Cabinet, Brisbane, 25 November 2003. o presented a paper on ‘Transfers and efficiency in outsourcing’ at a Conference on ‘The Economic and Social Impacts of Outsourcing’ hosted by the Centre for Applied Economic Research, Faculty of Commerce and Economics, University of New South Wales, Sydney, 4 December 2003. o presented a paper on ‘Risk, PPPs and the public comparator’ at a Forum on ‘Private-Public Partnerships’ hosted by the School of Business, Faculty of Economics and Business, University of Sydney, 8 December 2003. o discussant at the Business, Work and Ageing: Valuing Diversity Forum held by the Queensland University of Technology and the , Brisbane, 28 January 2004. o presented a paper on ‘Private–public partnership’ to the Public Policy Network Conference on ‘Public Policy in Transition’ hosted by Queensland University of Technology, Brisbane, 29 January 2004. o attended the Australian Agricultural and Resource Economics Society Water Policy Workshop on ‘Water: The New Reform Agenda’, Melbourne, 10 February 2004. o presented paper on ‘The incompleteness hypothesis and the precautionary principle’, at the 48th Annual Conference of the Australian Agricultural and Resource Economics Society, Melbourne, 11 February 2004. o presented paper on ‘Conjectures, refutations and discoveries: incorporating new knowledge in models of belief and choice under uncertainty’ at the 22nd Australian Economic Theory Workshop, University of Melbourne, Melbourne, 12 February 2004. o presentation on ‘The Australia–US Free Trade Agreement’ to the Forum on ‘Evaluating free trade, and beyond: assessing trade prospects, impacts and practicalities in a time of free trade agreements’ hosted by the School of International Business, Queensland University of Technology, Brisbane, 23 February 2004. o discussant at a QUT Executive Briefing by Mr Stephen Deady, Dept of Foreign Affairs and Trade, Canberra on ‘Negotiating with Washington: Australia’s Free Trade Agreement with the United States’, QUT, Brisbane, 12 March 2004. o presented a seminar on ‘Risk, discounting and the evaluation of public investment projects’ to the Bureau of Transport and Resource Economics, Canberra, 25 March 2004. o taught a half-day segment on ‘Government service provision and regulation’ for the course entitled ‘Government in the Market Economy’ provided by the Australia–New Zealand School of Government, Griffith University, South Bank, Brisbane, 26 March 2004. o addressed a public forum held by the Don Dunstan Foundation on ‘The electricity crisis: what can be done?’, Adelaide, 20 April 2004. o presented a lecture on ‘The Politics of Economic Policy’, to POLS2103 (Australian Political Issues), School of Political Science and International Studies, The University of Queensland, 27 April 2004. o presented a lecture on ‘The economics of higher education funding’, Guest lecture presented for ECON1120 (The Economics of Social Issues), School of Economics, The University of Queensland, 28 April 2004. o presented a lecture on ‘Neoliberalism, state sovereignty and the policy

34 2004 Annual Report convergence debate’, Guest lecture presented for POLS2402, School of Political Science and International Studies, The University of Queensland, 28 April 2004. o presented a lecture on ‘The US–Australia Free Trade Agreement: Folly or our future?’ to the Australian Institute for International Affairs, Brisbane, 28 April, 2004. o one of four economists attending a one-day workshop on the costs and benefits of climate change to interact with the project team from National Futures, Resource Futures Program, CSIRO Sustainable Ecosystems Canberra, 4 May 2004. o attended a round table discussion with the Senate Select Committee on the Free Trade Agreement between Australia and the United States of America, Parliament House, Canberra. (The roundtable will be recorded by Hansard, and a transcript will be incorporated into the proceedings of the inquiry.), 5 May 2004. o addressed the School of Political Science and International Studies Discussion Group on the Australia-US Free Trade Agreement, 2 June 2004. o The state contingent approach’. Guest lecture presented at the 15th Jerusalem Summer School in Economic Theory on ‘The Economics of Risk Bearing’. Hebrew University of Jerusalem, Jerusalem, 20–29 June 2004. o ‘Constant risk aversion and invariance’. Guest lecture presented at the 15th Jerusalem Summer School in Economic Theory on ‘The Economics of Risk Bearing’. Hebrew University of Jerusalem, Jerusalem, 20–29 June 2004. o ‘Risk aversion and supermodularity’. Guest lecture presented at the 15th Jerusalem Summer School in Economic Theory on ‘The Economics of Risk Bearing’. Hebrew University of Jerusalem, Jerusalem, 20–29 June 2004. o ‘The moral hazard problem’. Guest lecture presented at the 15th Jerusalem Summer School in Economic Theory on ‘The Economics of Risk Bearing’. Hebrew University of Jerusalem, Jerusalem, 20–29 June 2004. o with Grant, Simon (2004). ‘Conjectures, refutations and discoveries: incorporating new knowledge in models of belief and decision under uncertainty’. Paper presented at the 11th International Conference on the Foundations and Applications of Utility, Risk and Decision Theory (FUR XI–Paris), under the joint auspices of the Ecole Nationale Supérieure d’Arts et Métiers (ENSAM) and the Ecole Spéciale des Travaux Publics (ESTP), Paris, 2 July 2004. o ‘Free Trade Agreements with special reference to Australia and the US’. Address to UQ Economics School Day 2004, Brisbane, 22 July 2004. o ‘Unforeseen contingencies and the precautionary principle’. School of Economics Seminar Program, The University of Queensland, Brisbane, 31 July 2004. o ‘Infrastructure bonds’. Presentation to the Property Council, Brisbane, 4th August. o ‘Research funding and commercialisation’. Presentation to a public forum on ‘The future of University Research in Australia’. Hosted by the UQ Research Staff Committee of the National Tertiary Education Union, The University of Queensland, Brisbane, 5 August 2004. o ‘Innovative taxation arrangements’. Presentation to the Financing Development Colloquium sponsored by the Foundation for Development Cooperation, Gold Coast, 14 August 2004.

School of Economics, The University of Queensland 35 o ‘The pros and cons of the 2004-05 Queensland state budget’. Presentation to the Brisbane Institute, Brisbane, 31 August 2004. o ‘How should we pay for pharmaceuticals?’. Presentation to the ACT Branch of the Economics Society of Australia, Canberra, 2 September 2004. o ‘Discount rates’. Presentation to a symposium on Cost–Benefit Analysis sponsored jointly by the ACT Branch of the Economic Society of Australia and the Australian Public Service Commission (APSC), Canberra, 3 September 2004. o ‘The equity premium: explanations and implications’. Presentation to the NSW Branch of the Economics Society of Australia, Sydney, 8 September 2004. o ‘The QALY in Economic Evaluation: What is the State of the Art?’ Guest lecture presented to ECON7830 (Health Economics and Policy), 14 September 2004. o ‘Environmental economics and the Murray-Darling river system’. Guest lecture presented to the AREC3005 Rural Land Economics class, The University of Queensland, Brisbane, 1 October 2004. o ‘Infrastructure financing: options and reality’. Presentation to a workshop on Smart Transport and Property 2004: Leveraging Transport Infrastructure for Property and Land Use Development, hosted by the UQ Centre for Transport Strategy and Transport Roundtable Australasia Pty Ltd, Customs House, Brisbane, 4 November 2004. o ‘Government as a manager of risk’. Keynote address at the Academy of Social Sciences symposium, Canberra, 8 November 2004. o ‘Government service provision and regulation’. Guest lecture presented for the course entitled ‘Government in the Market Economy’ provided by the Australia–New Zealand School of Government, Griffith University, South Bank, Brisbane, 12 November 2004. o ‘Priorities for policy and research’. Presentation at a National Water Initiative policy and modelling workshop jointly hosted by ABARE and the Productivity Commission, Canberra, 24 November 2004. o ‘The new World Trade Organisation’. Presentation to the Straight Out Of Brisbane Festival, Brisbane, 2 December 2004. o ‘Climate change and the precautionary principle’. Presentation to the NSW Branch of the Australian Agricultural and Resource Economics Society, Sydney, 8 December 2004.

Alicia Rambaldi o acted as referee for the following journals: Journal of Futures Markets The Economic Record Journal of Business and Economic Statistics o presented an invited paper ‘A Constrained State-Space Approach to the Prediction of Comparable Real Income across Countries’ (with D.S.P. Rao & H. E. Doran) at the International Symposium on Forecasting, 4-7 July, 2004 in Sydney. o presented a contributed paper ‘A Constrained State-Space Approach to the Prediction of Comparable Real Income across Countries’ (with D.S.P. Rao & H. E. Doran) at the Australasian Meeting of the Econometric Society 7-9 July 2004 in Melbourne. o paper ‘Testing the Relative Productivities Approach to Real Exchange Rate Determination: An Application to Taiwan’ ( with Hooper, K.R & R. Brown) presented a at the Asia-Pacific Productivity Conference, 14-17 July 2004, Brisbane. o paper ‘A Technology Gap Contingent Approach to Outward Orientation

36 2004 Annual Report and Productivity Growth’ (with Iyer, K. & Tang, K.K.) presented at the Asia-Pacific Productivity Conference, 14-17 July 2004 Brisbane. o paper ‘Globalization and the Technology Gap: Regional and Time Evidence’ (with Iyer, K. & Tang, K.K.) presented a at the First Annual French-Australian Workshop of the Research Group in Economic and Management Science Business and Globalization: Economics and Managerial Issues, 29-30 September 2004, The University of Queensland. o presented seminar at Department of Economics, Louisiana State University ‘The Construction of a Panel of PPPs. A Constrained State- Space Approach’, 30 October 2004, Baton Rouge, USA. o appointed to the Australasian Standing Committee of the Econometric Society (2004-2009).

Prasada Rao o presented ‘Explaining Agricultural Productivity Levels and Trends: An International Perspective’, coauthored with Alauddin, M. and D. Headey, at the Asia-Pacific Productivity Conference, 14-16 July 2004, Brisbane. o presented ‘Constructing Divisia Indexes from Retail Scanner Data using Wavelet Methods’, coauthored with Allan-Greer, B. and C.J. O’Donnell, to SSHRC International Conference on Index Number Theory and the Measurement of Prices and Productivity, Vancouver, Canada, 30 June – 3 July 2004. o presented ‘Measuring the Performance of Australian Universities: Conceptual Issues and Initial Results’, coauthored with Carrington, R. and T.J. Coelli, at the Asia-Pacific Productivity Conference, 14-16 July 2004, Brisbane. o presented ‘Estimating and Combining National Income Distributions using Limited Data’, coauthored with Chotikapanich, D. and W.E. Griffiths, at the Australasian Meeting of the Econometric Society, 7-9 July 2004, Melbourne. o presented an invited paper, ‘A Constrained State-Space Approach to the Prediction of Comparable Real Incomes across Countries’, coauthored with Rambaldi, A.N. and H.E. Doran, at the International Symposium on Forecasting, 4-7 July, 2004, Sydney and also presented at the Australasian Meeting of the Econometric Society, 7-9 July 2004, Melbourne. o presented ‘A Note on the Computation of Standard Errors for Purchasing Parities in the International Comparison Program’, at the Workshop on the Construction of Penn World Tables, March 2004, Davis, California. o presented ‘The Country-Product-Dummy Method: A Stochastic Approach to the Computation Of Purchasing Power Parities in the ICP’, at the SSHRC Conference on Index Numbers and Productivity Measurement, held during 30 June – 3 July 2004 in Vancouver. o presented ‘Metafrontier Functions for the Study of Inter-regional Productivity Differences’, coauthored with C. J. O’Donnell and G.E. Battese, at the Asia-Pacific Productivity Conference, 14-16 July 2004, Brisbane.

Kartik Roy o visiting research fellow at the Centre for Research on Gender Relations, University of British Columbia, Canada, October/November 2004. o presented guest lecture ‘The Institutional Implications of A.K. Sen’s theories of ‘Entitlement Exchange’ and ‘Capabilities Approach’ for human development and empowerment’ at the Centre for Research on Gender Relations, University of British Columbia, Canada, October/November 2004.

School of Economics, The University of Queensland 37 o guest lecturer on patterns of development in East Asia and South Asia and research at the Swedish School of Economics.

Jon Stanford o conducted a Skills Training Workshop on Market Surveillance for the South Pacific Stock Exchange, Suva, Fiji, on 26-30 January, 2004. o guest editor of the Policy Forum ‘Long term issues in superannuation’, in the Australian Economic Review, June 2004, 37:2.

Clem Tisdell o participated in the 86th Annual Conference of the Indian Economic Association at Shivaji University, Kolhapur 29 – 31 December 2003. By invitation, he gave a keynote address on poverty. o attended the Editorial Board meeting of the Indian Economic Journal while in India. o visited the Chh. Shakhu Central Institute of Business Education and Research in Kilhapur for discussions with staff and gave a guest lecture to Master of Business Administration students on aspects of managerial economics and another to Master of Environmental Management students on issues in ecological and environmental economics. o appointed by the International Society of Ecological Economics to the Selection Committee for the Kenneth Boulding Memorial Award. The appointment is for 2004-2006 inclusive. This nomination is determined by contributions to scholarship generally. o presented a seminar on ‘Tourism Strategies of China’ on 18 February 2004, to Chinese students undertaking a Master program at the Nanyang Technological University, Singapore. o reviewed Shrimp Farming and Mangrove Loss in Thailand edited by Edward B. Barbier & Suthawan Sathirathai, Edward Elgar, Cheltenham, UK in Aquaculture Economics and Management, 8(1,2), 2004. o presented ‘Aquaculture as a Factor in the Sustainability of Recreational Fishing: Economic and Environmental Perspectives’ and ‘Co- management and Community-based Aquaculture: Sri-Lanka’s Inland Experiences’ at Aquaculture 2004 ‘Aquaculture – An Ecologically Sustainable and Profitable Venture’, March 1-5 2004. Hawaii Convention Centre, Honolulu, Hawaii, USA, hosted by the Hawaiian Aquaculture Association. o presented ‘Can Globalisation Result in Less Efficient and More Vulnerable Industries’ at a French Australian Workshop, which he helped organise, held over two days at The University of Queensland in September 2004.

Philip Wild o presented ‘Consumption/Savings, Investment and the Labour Market in the CEPM Australian National IO-Econometric Model: Econometric results’, a paper co-authored with Justin Harlety, at the Inforum conference in Italy in September 2004.

Leopoldo Yanes o presented ‘Initial Conditions, Collusion and Technological Capability: A General Equilibrium Analysis’, at the Australian Economic Theory Conference, February 2004, University if Melbourne o presented ‘Profit Sharing in a General Equilibrium Closed Economy Model with Oligopolistic Interactions’ at the Department of Economics, London School of Economics, UK, December 2004. o presented ‘Profit Sharing i a General Equilibrium Open Economy Model with Oligopolistic Interactions’ at the Department of Economics, London School of Economics, UK, December 2004.

38 2004 Annual Report

Publications

Book

Campbell, H.F. & 2003. Benefit-cost analysis: financial and economic appraisal using spreadsheets, Brown, R.P.C. Melbourne, Cambridge University Press, 2003, pp. 345.

Foster, J. & Hölzl, W. eds. 2004. Applied Evolutionary Economics and Complex Systems Edward Elgar, Cheltenham, UK, pp. ix +277

Mahadevan, R. 2004. The Economics of Productivity in Asia and Australia, 1st edn, Edward Elgar, USA, xii + 233.

Metcalfe, J.S. & 2004. Evolution and Economic Complexity, 1st edn, Edward Elgar, Cheltenham, UK, Foster, J. xix + 227.

Roy, K.C. ed. 2004. Twentieth Century Development: Some Relevant Issues, Nova Science Publishers, New York. p. xvi + 366.

Roy, K.C., Tisdell, eds 1999. Economic Development and Women in the World Community. Praeger, C.A. and Blomqvist, Connecticut, USA, 2nd edn. Pp vii + 247. H.C.

Suh, J., Smorfitt, eds 2004. Marketing of Farm-grown Timber in Tropical North Queensland. Conference D.B., Harrison, S.R. Proceedings 18 June 2003, Cooperative Research Centre for Tropical Rainforest & Herbohn, J.L. Ecology and Management, Australia.

Tisdell, C.A. & Sen, eds. 2004. Economic Globalisation: Social Conflicts, Labour and Environmental Issues, R.K. Edward Elgar, Cheltenham, UK, pp. xvii + 360.

Tisdell, C.A. and 2004. Economics, Wildlife Tourism and Conservation: three case studies. CRC For Wilson, C.I. Sustainable Tourism Pty Ltd, Australia. Pp x + 71.

Book Chapter

Alauddin, M. 2004. 'Bangladesh's Agriculture in Reform Mode: Experiences, Obstacles and Prospects', in South Asia in the Era of Globalisation: Trade Industrialization and Welfare, eds Battacharya, M., Smyth, R. and Vicziany, M., Nova Science Publishers Inc, NY, USA, pp. 145 - 163.

Alauddin, M. 2004. 'Recent Developments in the Bangladesh Economy', in Economic Growth, Economic Performance and Welfare in South East Asia, eds Jha, R., Palgrave- Macmillan, GB, pp. 11 - 27.

Asafu-Adjaye, J. 2004. 'International Trade and Sustainable Development in Sub-Saharan Africa', in Twentieth Century Development: Some Relevant Issues, eds Roy, K.C., Nova, NY, USA, pp. 175 - 188.

Campbell, H.F. 2003. ‘Are Culturally Diverse Countries More Fiscally Decentralised; in Growth and Development in the Global Economy, Bloch, H. ed., Edward Elgar, 2003, pp. 203-223.

Chai, J.C.H. 2004. 'Globalisation and the Environment: The Chinese Experience', in Economic Globalisation: Social Conflicts, Labour and Environmental Issues, eds Tisdell, C.A. and Sen, R.K., Edward Elgar, Cheltenham, UK, pp. 299 - 313.

Cox, M., Johnstone, 2004. 'Assessing the Social and Economic Impacts of Changes in Coastal R. & Robinson, J.J. Ecosystems', in 7th Annual Environmental Research Conference Environmental Sustainability Through Multidisciplinary Integration, eds Mowlaei, M.J., Rose, A. and Lamborn, J., Environmental Engineering Research Event`, Australia, pp. 688-328.

Dopfer, K. & Potts, J. 2004. 'Evolutionary foundations of economics', in Evolution and Economic Complexity, eds Metcalfe, J.S. and Foster, J., Edward Elgar, Cheltenham, UK, pp. 3 - 23.

School of Economics, The University of Queensland 39 Duhs, A. 2004. ‘A Critique of Sen’s Development as Freedom Institutional Prerequisites to Empowerment’ Twentieth Century Development: Some Relevant Issues, Nova Science Publishers, New York, pp. 49-63.

Earl, P.E. 2004. ‘How Mainstream Economists Model Choice, versus How We Behave, and Why it Matters’, in A Guide to What’s Wrong With Economics, ed Fullbrook, E., Wimbledon Publishing Company, Great Britain, pp.95-105.

Earl, P.E. and Potts, 2004. ‘Bounded Rationality and Decomposability: The Basis for Integrating Cognitive J. and Evolutionary Economics', Models of a Man: Essays in Memory of Herbert A. Simon, edited by M. Augier and J.G. March, MIT Press, Cambridge, MA, pp. 317-333.

Foster, J. & Hölzl, W. 2004. ‘Introduction and Overview’ in Foster, J. & Hölzl, W. eds. Applied Evolutionary Economics and Complex Systems Edward Elgar, Cheltenham, UK, pp. 1-14.

Foster, J. 2004. ‘Econometrics and evolutionary economics’ in Applied Evolutionary Economics and Complex Systems, eds Foster, J. and Hölzl, W., Edward Elgar, Cheltenham, UK, pp. 15-35.

Gregorio, N., 2004. 'The Social and Economic Factors Affecting the Role That Nurseries Play in Herbohn, J.L. & Efficient Forest Industry in Leyte, Philippines', in Human Dimensions of Family, Farm Harrison, S.R. and Community Forestry, IUFRO/ Washington State University, Washington, USA Electronic, pp. 113 - 118.

Harrison, S.R. & 2004. 'Socioeconomic and health impacts of hydropower resettlement projects', in Jackson, S. Encyclopedia of Energy, Elsevier, Boston, pp. 315 - 323.

Herbohn, J.L., 2004. 'The Influence of Land and Tree Tenure on Participation in Smallholder and Emtage, N.F., Community Forestry in the Philippines', in Human Dimensions of Family, Farm and Harrison, S.R., Community Forestry, IUFRO / Washington State University, Washington, USA Gregorio, N. & electronic, pp. 67 - 72. Peque, D.

Kiriti, T.W., Tisdell, 2004. ‘Institutional Deterrents to the Empowerment of Women: Kenya’s Experience’ in C.A. and Roy, K. K. C. Roy ed Twentieth Century Development: Some Relevant Issues, Nova Science Publishers, New York, pp. 27-47.

Lasselle, L, Svizzero, ‘Globalisation and the Nature of Unemployment’ in Economic Globalisation: Social S. & Tisdell, C.A. Conflicts, Labour and Environmental Issues, Tisdell, C.A. & Sen, R. K. eds, Edward Elgar, Cheltenham, UK, 2004, pp. 186-209.

Makin, A.J. 2004. ‘Fiscal Policy in Australia’ in A. Kohsaka ed. Fiscal Deficits in the Pacific Region, Routledge, London and New York.

Makin, A.J. and Paul, 2003. 'Australia' in Pacific Economic Outlook: Structure Task Force Infrastructure S. Development in the Pacific Region. Japan Committee for Pacific Economic Outlook. August 2003

Mlay, F.J., Roy, K.C. 1999 'Women and Development in Sub-Saharan Africa with Special Reference to and Tisdell, C.A. Tanzania', in Economic Development and Women in the World Community 2nd edn., Roy, K.C., Tisdell, C.A. and Blomqvist, H.C. eds, pp 125-138.

Rambaldi, A.N., 2004. 'Predicting Incomplete Observations in Unbalanced Panels: A Kalman Filtering- Carter Hill, R. & Smoothing Approach', in Contemporary Issues in Economics and Econometrics, eds Doran, H. Becker, R. and Hurn, S., Edward Elgar, Cheltenham, UK, pp. 226 - 239.

Rao, D.S.P. 2004. 'Spatial comparisons of consumer prices, purchasing power parities and the International Comparison Program', in Consumer price index manual: Theory and practice, eds Young, A.S. et. al., ILO, IMF, OECD, Eurostat, UN, World Bank, China, pp. 495 - 506.

Roy, K.C. & 2004. 'Government's Poverty Alleviation Programs for Women's Empowerment: Some Blomqvist, C. Comments on the Indian Situation', in Twentieth Century Development: Some Relevant Issues, eds Roy, K.C., Nova Science Publishers, NY, USA, pp. 317 - 328.

Roy, K.C. & Chai, 2004. 'Government Programmes for Women's Empowerment: India and China', in J.C.H. Twentieth Century Development: Some Relevant Issues, eds Roy, K.C., Nova Science, NY, USA, pp. 7 - 25.

40 2004 Annual Report Roy, K.C. 2004. 'Efforts to Achieve Developmental Goals and Lessons Learnt', in Twentieth Century Development: Some Relevant Issues, eds Roy, K.C., Nova Science Publishers, NY, USA, pp. 351 - 359.

Roy, K.C. 2004. 'Major Issues in Natural Disaster Management in Developing Countries', in Twentieth Century Development: Some Relevant Issues, eds Roy, K.C., Nova Science Publishers, NY, USA, pp. 217 - 224.

Roy, K.C. 2004. 'Some Relevant Development Issues in the Twentieth Century - an Overview', in Twentieth Century Development: Some Relevant Issues, eds Roy , K.C., Nova Science, NY, USA, pp. 1 - 6.

Roy, K.C. and 1999 'Women in South Asia with Particular Reference to India', in Economic Tisdell, C.A. Development and Women in the World Community 2nd edn., Roy, K.C., Tisdell, C.A. and Blomqvist, H.C. eds. Praeger, USA. pp 97-124.

Roy, K.C., Blomqvist, 1999 'Economic Development and Women: An Overview of Issues' in Economic H.C. and Tisdell, Development and Women in the World Community 2nd edn., Roy, K.C., Tisdell, C.A. C.A. and Blomqvist, H.C. eds, pp 1-24.

Sleigh, A.C. & 2004. ‘Socioeconomic and health impacts of hydropower resettlement projects’ in Jackson, S. Encyclopedia of Energy, Boston: Elsevier. Volume 3, pp. 315-323.

Svizzero, S., 2004. ‘Is Regionalism the Outcome of Insufficient or Excessive Globalisation?’ in Lasselle, L. and Economic Globalisation: Social Conflicts, Labour and Environmental Issues, Tisdell, Tisdell, C.A. C.A. & Sen, R. K. eds, Edward Elgar, Cheltenham, UK, 2004, pp. 53-68.

Tisdell, C.A. & 2004. ‘Economics of Wildlife Tourism’. in Wildlife Tourism, impacts, management and Wilson, C. planning, K Higginbottom ed. Common Ground Publishing Pty Limited, Altona, Vic, p. 145-163.

Tisdell, C.A. 2001 'Topics and issues in tourism economics: an overview of this book', in Tourism Economics the Environment and Development: Analysis and Policy, Tisdell, C.A. ed. pp 3-16.

Tisdell, C.A. 2003 'Foreword', in Economic Analysis in Talmudic Literature: Rabbinic thought in the light of modern economics. Ohrenstein, R.A. 2nd edn. pp xi-xiii.

Tisdell, C.A. 2004. ‘The WTO, Labour and Environmental Standards: Globalisation with Reference to India’ in Economic Globalisation: Social Conflicts, Labour and Environmental Issues, Tisdell, C.A. & Sen, R. K. eds, Edward Elgar, Cheltenham, UK, 2004, pp. 87-105.

Tisdell, C.A. 2004. 'Aquaculture, environmental spillovers and sustainable development: links and policy choices'. in Handbook of Sustainable Development Planning, Quaddus, M.A. and Siddique, M.A.B. eds. pp 60-74.

Tisdell, C.A. 2004. 'Sustainability: can it be achieved? Is economics the bottom line'. in Handbook of Sustainable Development Planning, Quaddus, M.A. and Siddique, M.A.B. eds. pp 60- 74.

Tisdell, C.A. 2004. ‘Biodiversity Conservation and Globalisation: Global Economic Failures with Implications for Developing Countries’ in Economic Globalisation: Social Conflicts, Labour and Environmental Issues, Tisdell, C.A. & Sen, R. K. eds, Edward Elgar, Cheltenham, UK, 2004, pp. 269-279.

Tisdell C.A. 2004. ‘Influence of Knowledge of Wildlife Species on Patterns of Willingness to Pay for their Conservation’ in Ralf Döring and Michael Rühs eds, Ökonomische Rationalität und praktische Vernunft, Gerechtigkeit, Ökologische Ökonomie und Naturschutz, Eine Festschrift anlässlich des 60. Geburtstags von Prof Dr Ulrich Hampicke, Verlag Königshausen und Neumann, Würzburg, pp. 391-406.

Tisdell, C.A. and 2004. ‘An Overview of Economic Globalisation: Its Momentum and its Consequences Sen, R.K. Examined’, in Economic Globalisation: Social Conflicts, Labour and Environmental Issues, Tisdell, C.A. & Sen, R. K. eds, Edward Elgar, Cheltenham, UK, 2004, pp.3-23.

School of Economics, The University of Queensland 41 Tisdell, C.A., 2004. ‘Unequal Economic Gains of Nations from Globalisation’ in Economic Svizzero, S. and Globalisation: Social Conflicts, Labour and Environmental Issues, Tisdell, C.A. & Sen, Lasselle, L. R. K. eds, Edward Elgar, Cheltenham, UK, 2004, pp. 71-86.

Tisdell, C.A. 1999 'Discrimination and Changes in the Status of Women with Economic Development: General Views and Theories', in Economic Development and Women in the World Community 2nd edn., Roy, K.C., Tisdell, C.A. and Blomqvist, H.C. eds, pp 25-35.

Xue, D., Lin, Y. and 2004. ‘Conflicts about Global Trade in GMO’s: General Issues and Chinese Case Tisdell, C.A. Studies’ in Economic Globalisation: Social Conflicts, Labour and Environmental Issues, Tisdell, C. & Sen, R. K. eds, Edward Elgar, Cheltenham, UK, 2004, pp. 314-335.

Journal Articles

Adam, L. 2004. 'The Indonesian Garment Industry: Past Performance and Future Challenges', Economics and Finance in Indonesia, 522, pp. 103 - 121.

Alauddin, M. & 2004. ‘Economic Impact of E.coli 0111 Outbreak in 1995 in Australia’ in American Khandaker, S.A. Journal of Applied Sciences 1:4, pp. 302-308.

Alauddin, M. 2003 ‘Economic Liberalisation and Environmental Concerns: A South Asian Perspective’, South Asia: Journal of South Asian Studies 26:3, pp. 439-453.

Alauddin, M. 2004. 'Environmentalizing economic development: a South Asian perspective', Ecological Economics, 51, pp. 251 - 270.

Alauddin, M. and Butler, J.E. 2004. ‘From a Vicious Circle of Anxiety to a Virtuous Circle of Learning: Experience of Teaching a Heterogenous Clientele’. American Journal of Applied Sciences, 1:3 pp. 202-208.

Alauddin, M. and 2004. ‘Teaching Economics in a Changing University Environment: Some Australian Butler, J.E. Experience’. International Journal of Social Economics, V 31:7-8 pp. 706-720.

Andrews, D., Green, 2004. ‘Spatial Inequality in the Australian Youth Labour Market: The Role of C. & Mangan, J. Neighbourhood Composition’, Regional Studies 38:1, February 2004, pp. 15-25.

Asafu-Adjaye, J. 2004. ‘Income Inequality and Health: a Multi-Country Analysis’ International Journal of Social Economics, 31:1-2, pp. 195-207.

Balazs, G.H. & 2004. 'Spatial and temporal variability in somatic growth of green sea turtles Chelonia Chaloupka, M. mydas resident in the Hawaiian Archipelago', Marine Biology, 1455, pp. 1043 - 1059.

Balazs, G.H. & 2004. 'Thirty-year recovery trend in the once depleted Hawaiian green sea turtle stock', Chaloupka, M. Biological Conservation, 1175, pp. 491 - 498.

Bandara, R. & 2003, ‘Willingness of Sri Lankan farmers to pay for a scheme to conserve elephants: Tisdell, C.A. Exploratory study’ Journal of Science – Eastern University, Sri Lanka, 3:1, December 2003, pp. 30-54.

Bandara, R. and 2003 'Use and Non Use Values of Wild Asian Elephants'. Sri Lanka Economic Journal, Tisdell, C.A. 4:2 pp 3-30.

Bandara, R. and 2004. ‘The net benefit of saving the Asian elephant: a policy and contingent valuation Tisdell, C.A. study’. Ecological Economics, 48:1, pp. 93-107.

Battese, E., Rao, D. 2004. 'A Metafrontier Production Function for Estimation of Technical Efficiencies and S.P. & O'Donnell, Technology Gaps for Firms Operating Under Different Technologies', Journal of C.C. Productivity Analysis, 21, pp. 91 - 103.

Beard, R. 2004. review of Introduction to the Theory of Cooperative Games by Peleg, B. & Sudhölter, Kluwer Academic Publishers, Boston, 2003, pp. xv + 378. Economic Record, 80:251 pp. 478-479.

Bleichrodt, H., 2004. ‘Equity weights in the allocation of health care: the rank-dependent QALY Diecidue, E., & model’. Journal of Health Economics, 23:1 pp. 157–171. Quiggin, J.C.

Bodman, P. & 2004. ‘Can Macroeconomic Factors Explain High House Prices in Australia?’ Crosby, M. Australian Property Journal, 38:3 August, 2004. pp 174-179.

42 2004 Annual Report Bodman, P. 2004. Review of ‘Culture and the Labour Market,’ by Siobhan Austen, Edward Elgar, 2003, Journal of Industrial Relations, 46:2 pp. 246-248, June 2004

Bradley, S., Draca, 2004. ‘School Performance in Australia: Is There a Role for Quasi-Markets?’ The M. & Green, C. Australian Economic Review, 37:3 pp. 271-286.

Bridge, A.J. and 2004. 'The determinants of the vertical boundaries of the construction firm'. Tisdell, C. Construction Management and Economics, 22:8 pp 807-825.

Brown, R. & Connell, 2004. ‘The Migration of Doctors and Nurses from South Pacific Island Nations’, Social J. Science and Medicine, 58:11, pp. 2193-2210.

Brown, R. & Connell, 2004. ‘The Remittances of Migrant Tongan and Samoan Nurses from Australia’, J. Human Resources for Health. 2:2, pp. 1-45.

Campbell, H. & 2004. ‘Non-timber Values and the Optimal Forest Rotation: an Application to the Jennings, S.M. Southern Forest of Tasmania’, The Economic Record, 80:251, December, 2004, pp. 387-393

Candeal, J. C., de 2004. ‘Representations of Ordered Semigroups and the Physical Concept of Entropy, Miguel, J R., Applied General Topology, 5:1, pp. 11-23. Indurain, E. & Mehta, G.B.

Candeal, J.C., 2004. 'Utility functions on locally connected spaces', Journal of Mathematical Indurain, E. & Mehta, Economics, 40, pp. 701 - 711. G.

Chaloupka, M., 2004. 'Green turtle somatic growth dynamics in a spatially disjunct Great Barrier Reef Limpus, C. & Miller, metapopulation', Coral Reefs, 23:3, pp. 225 - 235. J.D.

Chambers, R.G., 2004. ‘Jointly radial and translation homothetic preferences: generalized constant risk Fare, R. & Quiggin, aversion’. Economic Theory, 23:3 pp. 689–699. J.C.

Chambers, R.G., 2004. 'Technological and financial approaches to risk management in agriculture: an Fare, R. & Quiggin, integrated approach', Australian Journal of Agricultural and Resource Economics, 482, J.C. pp. 199 - 223.

Coelli, T.J. & 2004. ‘Diversification Economies and Specialisation Efficiencies in a Mixed Food and Fleming, E. Coffee Smallholder Farming System in Papua New Guinea’ Agricultural Economics. 31:2-3. pp 229-239.

Coelli, T.J., Fleming, 2004. ‘Assessing the performance of an oil palm production system: A stochastic E. H. & Hasnah frontier analysis of a nucleus estate and smallholder scheme in West Sumatra’, Agricultural Systems, 79:1 pp. 17-30.

Collins, D.H. & 2004. 'Outbound Travel Depends on Business Returns: Australian Evidence', Tisdell C.A. Australian Economic Papers, 43, pp. 192 - 207.

Dopfer, K. & Potts, J. 2004. ‘”Evolutionary Realism” a new ontology for economics’, Journal of Economic Methodology, 11:2, June 2004, pp. 195-212.

Dopfer, K., Foster, J. 2004. ‘Micro-meso-macro’, Journal of Evolutionary Economics 14-3, pp. 263-279. & Potts, J.

Draca, M. & Green, 2004. ‘The Incidence and Intensity of Employer Funded Training: Australian Evidence C. on the Impact of Flexible Work’, Scottish Journal of Political Economy, 51:5, November, 2004., pp. 609-625.

Drew, M.E. & 2004. ‘Portability of Superannuation Balances’ Agenda, 11:2, pp. 113-125 Stanford, J.

Drew, M.E. & 2004. ‘Why is Superannuation Compuslory?’ The Australian Economic Review, 37:2, Stanford, J. pp. 184-90.

Dzator, J. & Asafu- 2004. ‘A study of malaria care provider choice in Ghana’. Health Policy, 69:3 pp. 389- Adjaye, J 401.

School of Economics, The University of Queensland 43 Earl, P. & Potts, J. 2004. ‘The Market for Preferences’, Cambridge Journal of Economics 28:4, July, pp. 619-633.

Earl, P.E. 2004. 'Mini-Symposium: Scope for cross-fertilization between economic psychology and Post Keynesian/institutional economics', Journal of Economic Psychology, 255, pp. 617 - 618.

Earl, P.E. 2004. 'Review of 'The personality continuum and consumer behavior', P.J. Albanese, Quorum Books, Westport, CT, 2002, pp xxvii + 366', Journal of Economic Psychology, 252, pp. 293 - 296.

Emtage, N. & Suh, J. 2004. 'Socio-economic Factors Affecting Smallholder Tree Planting and Management Intentions in Leyte Province, Philippines'. Small Scale Forest Economics, Management and Policy, 3:2 pp 257-270.

Estoria, E., Herbohn, 2004. ‘The Performance of Community Organisers in Promotion of Community J. & Harrison, S. Forestry in Leyte Province, Philippines’. Small-scale Forest Economics, Management and Policy.3:3 pp. 363-384.

Gao, Z. & Tisdell, 2004. ‘China’s Reformed Science and Technology System: An Overview and C.A. Assessment’, Prometheus, 22:3, pp. 311-331.

Gao, Z. and Tisdell, 2004'Television Production: Its Changing Global Location, the Product Cycle and C. China'. International Journal of Economic Research, 1:2, pp. 129-154.

Grant, S. & Quiggin, 2004. ‘Noise trader risk and the welfare effects of privatization’, Economics Bulletin, 59, J.C. pp. 1–8.

Green, C. & Leeves, 2004. ‘Casual Jobs and Internal Labour Markets’ The Manchester School, 72:5, G. September 2004, pp. 658-676.

Gregorio, N., 2004. ‘Small-scale Forestry Development in Leyte, Philippines: The Central Role of Herbohn, J. & Nurseries’. Small-scale Forest Economics, Management and Policy.3:3 pp. 337-351. Harrison, S

Haraden, J., Herrick, 2004. ‘Economic Benefits of Dolphins in the United States Eastern Tropical Pacific S.F., Squires, D. & Purse-Seine Tuna Industry’, Environmental and Resource Economics, 28:4, pp. 451- Tisdell, C.A. 468.

Harrison, R., . 2004. ‘Evaluation of the Performance of the Community Rainforest Reforestation Harrison, S.R. & Program in North Queensland, Australia’, Small-scale Forest Economics, Management Herbohn, J and Policy. 3:3 pp. 411-429.

Harrison, S.R. 2004. 'Review of 'Selling Forest Environmental Services: Market-based Mechanisms for Conservation and Development', S. Pagiola, J. Bishop and N. Landell-Mills eds, Earthscan Publications, London, UK 2002, pp xix + 299', Australian Journal of Agricultural and Resource Economics, 483, pp. 557 - 560.

Harrison, S., Emtage, 2004. ‘Past and Present Forestry Support Programs in the Philippines, and Lessons for N. & Nasayao, B. the Future’. Small-scale Forest Economics, Management and Policy.3:3 pp. 303-317.

Harrison, S.R. & Suh, 2004. ‘Progress and Prospects of Community Forestry in Developing and Developed J. Countries’. Small-scale Forest Economics, Management and Policy.3:3 pp. 287-302.

Hasnah, Fleming, 2004. 'Assessing the performance of an oil palm production system: A stochastic E.H. & Coelli, T. frontier analysis of a nucleus estate and smallholder scheme in West Sumatra', Agricultural Systems, 791, pp. 17 - 30.

Herbohn, J.L. & 2004. 'The Evolving Nature of Small-Scale Forestry in Australia', Journal of Forestry, Harrison, S.R. 1021, pp. 42 - 47.

Herden, G. & Mehta, ‘The Debreu Gap Lemma and some generalizations’, Journal of Mathematical G.B. Economics, 40, 2004, pp. 747-769

Hossain, M.A. & 2004. ‘Exports and Economic Growth in Bangladesh: Has Manufacturing Exports Karunaratne, N.D. Become a New Engine of Export-Led Growth?’ The International Trade Journal, XVIII:4 pp. 303-334.

Hossain, M.A. & 2004. ‘Trade Liberalisation and Technical Efficiency: Evidence from Bangladesh Karunaratne, N.D. Manufacturing Industries’, The Journal of Development Studies. 40:3 pp. 87-114.

44 2004 Annual Report Kiriti, T.W. & Tisdell, 2004. 'Commercial agriculture, marital status and other influences on food availability: C.A. A Kenyan case study'. Journal of Food, Agriculture and Environment, 2:3-4 pp 141- 148.

Kiriti, T.W. & Tisdell, 2004. 'Marital Status, Farm Size and Other Influences on the Extent of Cash Cropping C. in Kenya: A Household Case Study'. Indian Development Review, 2:2 December 2004 pp 185-204.

Lawson, L., Bruun, 2004. ‘Effects of reported reproduction disorders on technical efficiency of Danish dairy J., Coelli, T. J., cattle herds. A stochastic frontier production function approach’, Journal of Dairy Agger, J. F. & Lund, Science, 87:1 pp. 212-224. M.

Lawson, L., Bruun, 2004. 'Relationships of Efficiency to Reproductive Disorders in Danish Milk Production: J., Coelli, T., Agger, A Stochastic Frontier Analysis', Journal of Dairy Science, 871, pp. 212 - 224. F. & Lund, M.

Lawson, L.G., Agger, 2004. 'Lameness, metabolic and digestive disorders, and technical efficiency in Danish J.F., Lund, M., & dairy herds: a stochastic frontier production function approach', Livestock Production Coelli, T. Science, 911-2, pp. 157 - 172.

Leong, W. H., 2003. ‘Measuring the Technical Efficiency of Banks in Singapore for the Period 1993- Dollery, B. & Coelli, 99’ ASEAN Economic Bulletin 20:3 pp. 195-210. T.

Leung, M.C.M., 2004. ‘An Economic Analysis of Life Expectancy by Gender with Application to the Zhang, J., Zhang, United States’ Journal of Health Economics, 23, pp. 737-749. Junsen.

Mahadevan, R. & 2005. The productivity-inflation nexus: the case of the Australian mining sector. Energy Asafu-Adjaye, J. Economics, 27:1 pp 209-224.

Mahadevan, R. 2004. To measure or not to mesure TFP growth? Comment on 'unequivocal no' reply. Oxford Development Studies, 32:2 pp. 329-330.

Makin, A.J. & Paul, 2004. ‘The Productive Effects of Public Infrastructure: What Do the Data Say’ in S. International Journal of Applied Business and Economic Research, 1 2, December 2003, pp. 137-147

Makin, A.J. 2004. 'International Interest Differentials: An International Borrowing and Lending Approach' Journal of Economic Integration, 191, 192-203.

Makin, A.J. 2004. 'The Current Account, Fiscal Policy and Medium Run Income Determination'. Contemporary Economic Policy 223, 309-317.

Makin, A.J. 2004. ‘Decomposing Interest Differentials: An International Borrowing and Lending Approach’. Journal of Economic Integration, 19:1 pp. 192-203.

Makin, A.J. & Paul, 2004. 'Infrastructure Development and the Private Sector: Options and Opportunities'. S. Journal of Banking and Financial Services, 118:3, pp. 30-33.

Potts, J. 2004. 'Liberty Bubbles'. Policy, 20:3 pp 15-21.

Potts, J. 2004. 'The Prometheus school of information economics'. Prometheus, 21:4 p 10.

Quiggin, J.C. 2004. ‘The Unsustainability of U.S. Trade Deficits’, The Economists' Voice, 13, Article 2. http://www.bepress.com/ev/vol1/iss3/art2

Quiggin, J.C. 2004. ‘Apples with apples: comparing the cost of capital’, Public Infrastructure Bulletin, Issue 3, March, 11–12; 21–22.

Quiggin, J.C. 2004. ‘Financing our roads, rail, tunnels and bridges: the case for infrastructure bonds’, King’s Counsel, Issue 22, April, 1–4.

Quiggin, J.C. 2004. ‘Research and teaching: Complements or substitutes?’, Australasian Journal of Economics Education, 11, 18–29.

Quiggin, J.C. 2004. ‘The United States–Australia Free Trade Agreement’, Creative Distraction, Issue 4, March, 7–8. http://www.uq.edu.au/esa/ed/four.pdf

School of Economics, The University of Queensland 45 Quiggin, J.C. & 2004. ‘Drought policy: a graphical analysis’, Australian Journal of Agricultural and Chambers, R.G. Resource Economics, 482, 199-223.

Quiggin, J.C. & 2004. ‘Invariant risk attitudes’, Journal of Economic Theory, 1171, 96–118. Chambers, R.G.

Rao, D.S.P. & Coelli, 2004. 'Catch-up and Convergence in Global Agricultural Productivity, 1980-1985', T.J. Indian Economic Review 39:1 pp. 123-148.

Rey, S.J., West, G.R. 2004. ‘Uncertainty in Integrated Regional Models’. Economic Systems Research, 16:3 & Janikas, M.V. pp. 259-278.

Sharpe, B., Herbohn, 2004. 'A Strategic Alliance Model for Economic Organisation of Small-Scale Forestry in J.L. & Harrison, S.R. Australia', Small-scale Forest Economics, Management and Policy, 31, pp. 49 - 67.

Simshauser, P. & 2004. 'Reducing Greenhouse Gas Emissions in the Queensland Electricity Supply Docwra, G. Industry: Gas and Carbon Tax Scenarios', Australian Economic Review, 37:3 pp. 287- 303.

Stanford, J. 2004. ‘Long-Term Issues in Superannuation: An Overview’ The Australian Economic Review 37:2, pp. 180-3.

Suh, J. 2004. 'Regulatory failure in the management of South Korea's national parks', Asia Pacific Journal of Environmental Law, 81-2, pp. 133 - 151.

Tang, K. K. & Tseng, 2004. ‘Industry-specific human capital, knowledge labour, and industry wage structure Y. P. in Taiwan’, Applied Economics, 36:2, 2004, pp. 155-164.

Tang, K. K. & Tseng, 2004. ‘Constructing a measure of industry–specific human capital using Tobin’s Q Y-P theory’ Economics Bulletin, 10:1, pp. 1-7.

Tisdell, C.A. 2001 'Economic Growth in China: Can China Cope with its Environmental Constraints and Problems', Asia Pacific Journal of Environmental Development, 8:1 pp 15-35.

Tisdell, C.A. 2002 'Economics of conserving wildlife and natural areas: topics and issues', in The Economics of Conserving Wildlife and Natural Areas, Tisdell, C. ed. pp 3-13.

Tisdell, C.A. 2002 Tourism as a Contributor to the Economic Diversification and Development of Small States: Its Strengths, Weaknesses and Potential for Brunei Darussalam'. Tinjuan Policy and Management Review, 5:03 pp 1-13.

Tisdell, C.A. 2003 'Economic Aspects of Ecotourism: Wildlife-based Tourism and Its Contribution to Nature'. Sri Lankan Journal of Agricultural Economics, 5:1 pp 83-95.

Tisdell, C.A. 2003 'Will Bangladesh's Economic Growth Solve its Environmental Problems', Asia Pacific Journal of Environmental Development, 10:1 pp 1-12

Tisdell, C.A. 2004. ‘Aquaculture as a factor in the sustainability of recreational fishing: economic and environmental perspectives’, in World Aquaculture Society Book of Abstracts Aquaculture 2004 'Aquaculture - An Ecologically Sustainable and Profitable Venture', p. 590, World Aquaculture Convention 2004, 1-5 March 2004, Honolulu, Hawaii, USA. pp 590 abstract

Tisdell, C.A. 2004. ‘Efficient Public Provision of Commodities: Transaction Costs, Bounded Rationality and Other Considerations’, Rivista Internazional di Scienze Economiche e Commerciali, LI:2, pp. 177-191.

Tisdell, C.A. 2004. 'Economic Competition and Evolution: Are There Lessons from Ecology?' Contemporary Economic Policy, 22:2 pp 179-193.

Tisdell, C.A. 2004. 'Property rights in non-captive wildlife and biodiversity conservation'. International Journal of Global Environmental Issues. 4:4 pp 195-208.

Tisdell, C.A. 2004. Review of Shrimp Farming and Mangrove Loss in Thailand, E.B. Barbier and S. Sathirathai eds. Edward Elgar, Cheltenham, UK. Pp xii + 268, in Aquaculture Economics and Management, 8:1-2 pp 111-113.

Tisdell C.A. & 2004. 'Lamington National Park: Its Appeal to Visitors and their Concerns', Australasian Wilson, C.I. Journal of Environmental Management, 111, pp. 97 - 109.

46 2004 Annual Report Tisdell C.A. 2004. 'Efficient Public Provision of Commodities: Transaction Costs, Bounded Rationality and Other Considerations', Rivista Internazionale di Scienze e Commerciali, LI2, pp. 177 - 191.

Tisdell C.A., Wilson, 2004. 'Policies for saving a rare Australian glider: economics and ecology', Biological C.I. & Swarna Conservation, 1232, pp. 237 - 248. Nantha, H.

Tisdell, C.A. & 2004. 'Human Societies, Economics and the Fate of the Asian Elephant' , Science Bandara, R. India, 7:9-10 pp 67-72.

Tisdell, C.A. & Seidl, 2004. ‘Niches and economic competition: implications for economic efficiency, growth I. and diversity’, Structural Change and Economic Dynamics, 15:2, pp. 119-135.

Tisdell, C.A. & 2004. ' Globalisation, Social Welfare, Public Policy and Labor Inequalities'. The Svizzero, S. Singapore Economic Review. 49:2 pp 233-253.

Tisdell, C.A. & 2004. ‘Lamington National Park: It’s Appeal to Visitors and Their Concerns’, Wilson C.I. Australasian Journal of Environmental Management, 11:1, pp. 97-109.

Tisdell, C.A. & 2004. 'The public's knowledge of and support for conservation of Australia's tree- Wilson, C.I. kangaroos and other animals'. Biodiversity and Conservation, 13 pp 2339-2359.

Tisdell, C.A., Wilson, 2004. 'Policies for saving a rare Australian glider: economics and ecology', Biological C.I. & Swarna Conservation. 123:2 pp. 237-248. Nantha H.

Tisdell, C.A. & 2002. ‘Tree Kangaroos in Australia and Public Knowledge, Attitudes and Willingness to Wilson, C.I. Pay for Their Conservation’. p.151 in Ecology 2002 Conference, Cairns, ed Landsberg, J. Ecological Society of Australia, Canberra.

Trendle, B. & 2003, ‘The Changing Skill Composition of Employment in Queensland’, Australian Mangan, J. Journal of Regional Studies, 9:1, 2003, pp. 97-117.

Tunny, G. & Mangan, 2004. 'Stepping Stones to Permanent Employment in the Public Service'. Labour, 18:4, J. pp. 591-614.

Venn, T.J., McGavin, 2003 ‘Managing woodlands for income maximisation in western Queensland, Australia: R.L. & Rogers, H.M. clearing for grazing versus timber production’ Forest Ecology and Management 185:3, pp 291-306.

Venn, T.J. & 2003 ‘Potential Specialty Timber Markets for Hardwoods of Western Queensland, Whittaker, K. Australia’ , Small-scale Forest Economics, Management and Policy, 2:3, pp. 377-395.

Venn, T.J. & 2004. 'Potential Speciality Timber Markets for Hardwoods of Western Queensland, Whittaker, K. Australia', Small-scale Forest Economics, Management and Policy, 23, pp. 377 - 395.

Venn, T.J. 2004. 'Visions and Realities for a Wik Forestry Industry on Cape York Peninsula, Australia', Small-scale Forest Economics, Management and Policy, 33, pp. 431 - 451.

Venn, T.J., McGavin, 2004. 'Costs of Portable Sawmilling Timbers from the Acacia Woodlands of Western R. & Leggate, W. Queensland, Australia', Small-scale Forest Economics, Management and Policy, 32, pp. 161 - 175.

Venn, T.J. 2004. ‘Visions and Realities for a Wik Forestry Industry on Cape York Peninsula, Australia’. Small-scale Forest Economics, Management and Policy. 3:3 pp. 431-451.

Venn, T.J., McGavin, 2004. ‘Costs of Portable Sawmilling Timbers from the Acacia Woodlands of Western R.L. & Leggate, Queensland, Australia’. Small-Scale Forest Economics, Management and Policy, 3:2 W.W. pp. 161-175.

Wilson, C.I. & Tisdell, 2004. 'Attitudes to entry fees to national parks: results and policy implications from a C.A. Queensland case study', Economic Analysis and Policy, 34:1 March 2004 pp 79-102.

Wilson, C.I. & Tisdell 2004. 'Attitudes to entry fees to national parks: results and policy implications from a C.A. Queensland case study', Economic Analysis and Policy, 341, pp. 79 - 102.

School of Economics, The University of Queensland 47 Wilson, C.I. 2004. 'Review of 'Battling Resistance to Antibiotics and Pesticides: An Economic Approach', R. Laxminarayan ed, Resources for the Future, 2003, ISBN 1891853511, 400pp', Ecological Economics, 501-2, pp. 159 - 160.

Wilson, C.I., Tisdell 2004. 'Glow worms as a tourist attraction in Springbrook National Park: Visitor attitudes C.A. & Merritt, D.J. and economic issues', Economics, Ecology and the Environment, 105, pp. 1 - 31.

Xu, J., Zhao, Y. & 2004. ‘Community Forestry for Poverty Alleviation in China with Reference to Huoshan Suh, J. County, Anhui Provence’, Small-scale Forest Economics, Management and Policy. 3:3 pp. 385-400.

Zhang, J. & Zhang, 2004. ‘How does social security affect economic growth? Evidence from Cross-Country Junsen Data’ Journal of Population Economics, 17:3 pp. 473-500.

Beard, R.M. & 2004. 'Dynamic Recontracting of Water Rights', in Eleventh International Symposium McDonald, S. on Dynamic Games and Applications, eds Vincent, T., International Society of Dynamic Games, USA, pp. 1 - 1.

Conference Publications

Bosi, G. & Mehta, 2002. ‘Utility Representations: New Results and Open Problems’. Utility Theory and G.B. Applications conference, Trieste, Italy, 26-29 June 2002, pp. 1-38.

Cox, M., Johnstone, 2004. 'A conceptual model of impacts of environmental change on human well-being' R. and Robinson, J Proceedings of the Airs Waters Places Transdisciplinary Conference on Ecosystem Health in Australia, ed Albrecht, G., The University of Newcastle, Australia, pp. 129- 145.

Harrison, S.R., 2004. 'Designing, Developing and Testing Financial Models for Non-industrial Private Emtage, N.F., Forestry', in EcoMod 2004, International Conference on Policy Modeling, eds Bayar, Herbohn, J.L. & A., EcoMod, www.ecomod.net/conferences/ecomod2004/ecomod2004/_papers.htm, Venn, T.J. pp. 1 - 14. http://www.ecomod.net

Harrison, S.R. 2004. ‘Economic Theory Perspectives on Timber Market Behaviour in a Small but Expanding Industry’ in Marketing of Farm-Grown Timber in Tropical North Queensland. Conference Proceedings 18 June 2003, eds Suh, J., Smorfitt, D.B., Harrison, S.R. and Herbohn, J.L. The University of Queensland, Australia. pp. 39-48.

Harrison, S.R., 2004. ‘Timber Marketing in a Revitalised North Queensland Forest Industry: Overview Herbohn, J.L., Killin, of Major Issues’, in Marketing of Farm-Grown Timber in Tropical North Queensland. D., Suh, J. & Conference Proceedings 18 June 2003, eds Suh, J., Smorfitt, D.B., Harrison, S.R. and Smorfitt, D.B Herbohn, J.L. The University of Queensland, Australia. pp. 1-7.

Harrison, S.R., Killin, 2004. ‘Commoditisation of Ecosystems Services and Other Non-wood Values of Small D. & Herbohn, J.L. Plantations’ in Marketing of Farm-Grown Timber in Tropical North Queensland. Conference Proceedings 18 June 2003, eds Suh, J., Smorfitt, D.B., Harrison, S.R. and Herbohn, J.L. The University of Queensland, Australia. pp. 157-169.

Laurenceson, J.S. 2004. ‘Emerging financial centres in Asia: a comparison of Shanghai and Mumbai’ in Proceedings of the 16th Annual Conference of the Association for Chinese Economic Studies Australia, 19-20 July 2004, Brisbane, On-Line.

Laurenceson, J.S. & 2004. 'Teaching Quality and the Incentive Trail in Australian Higher Education', in EDU- Duhs, L. A. COM 2004 24-26 November, 2004 International Conference, eds Renner, J. and Cross, J., Edith Cowan University, Australia, pp. 192 - 205.

Laurenceson, J. S., eds 2004. Outlook China: Growth Versus Development, Proceedings of the 16th Tang, K.K. & Annual Conference of the Association for Chinese Economic Studies, School of Waldron, S. Economics, The University of Queensland, Brisbane Electronic.

Lauwers, L., Van 2004. ‘Materials balance-based modelling of environmental efficiency in Emrouznejad, Huylenbroeck, G. & A. & Podinovski, V. eds, Data envelopment analysis and performance management, Coelli, T.J. Proceedings 4th International Symposium of DEA, 5th-6th September 2004. Aston University, Birmingham, UK. pp. 239-244, 2004

Smorfitt, D.B., 2004. ‘Developing Markets for Lesser-known Species from Tropical Australia’, in Harrison, S.R. & Marketing of Farm-Grown Timber in Tropical North Queensland. Conference Herbohn, J.L. Proceedings 18 June 2003, eds Suh, J., Smorfitt, D.B., Harrison, S.R. and Herbohn, J.L. The University of Queensland, Australia. pp. 111-121.

48 2004 Annual Report Smorfitt, D.B., 2004. ‘Portable Sawmills: The Current and Potential Future Role in the Timber Supply Harrison, S.R. & Chain’, in Marketing of Farm-Grown Timber in Tropical North Queensland. Conference Herbohn, J.L Proceedings 18 June 2003, eds Suh, J., Smorfitt, D.B., Harrison, S.R. and Herbohn, J.L. The University of Queensland, Australia. pp. 49-64.

Smorfitt, D.B., 2004. ‘The Relevance of End-user Perceptions and Purchase Habits for the Current Herbohn, J.L. & and Future Marketing of Australian Rainforest Cabinet Timber Products’ in Marketing of Harrison, S.R. Farm-Grown Timber in Tropical North Queensland. Conference Proceedings 18 June 2003, eds Suh, J., Smorfitt, D.B., Harrison, S.R. and Herbohn, J.L. The University of Queensland, Australia. pp. 123-132.

Suh, J., Killin, D. & 2004. ‘The Role of Grower Cooperatives in the Marketing of Farm-grown Timber in Harrison, S.R. North Queensland’, in Marketing of Farm-Grown Timber in Tropical North Queensland. Conference Proceedings 18 June 2003, eds Suh, J., Smorfitt, D.B., Harrison, S.R. and Herbohn, J.L. The University of Queensland, Australia. pp. 89-102.

Suh, J., Smorfitt, 2004. eds. Marketing of Farm-Grown Timber in Tropical North Queensland. D.B., Harrison, S.R. Conference Proceedings 18 June 2003. The University of Queensland, Australia. pp. v & Herbohn, J.L + 203.

Tisdell, C.A. 2003. ‘Economic Incentives to Conserve Wildlife on Private Lands: Analysis and Policy Incentives’, Programme and Abstracts, p. 168, 3rd International Wildlife Management Congress, 1-5 December 2003, Christchurch, New Zealand.

Tisdell, C.A. 2004. ‘Co-Management and Community Based Aquaculture: Sri Lanka's Inland Experiences’, in World Aquaculture Society Book of Abstracts Aquaculture 2004 'Aquaculture - An Ecologically Sustainable and Profitable Venture', p. 590, World Aquaculture Convention 2004, 1-5 March 2004, Honolulu, Hawaii, USA. pp 591-591 abstract

Tisdell, C.A. & 2004. ‘Co-management and community-based aquaculture: Sri Lanka’s Inland Senaratne, A. Experiences’, in World Aquaculture Society Book of Abstracts Aquaculture 2004 'Aquaculture - An Ecologically Sustainable and Profitable Venture', p. 591, World Aquaculture Convention 2004, 1-5 March 2004, Honolulu, Hawaii, USA.

Venn, T.J. 2004. 'Potential Markets for Logs and Sawn Timber from Darwin Stringybark Forests of Cape York Peninsula', in Marketing of Farm-Grown Timber in Tropical North Queensland, Conference Proceedings 18 June 2003, eds Suh, J., Smorfitt, D., Harrison, S. and Herbohn, J., The University of Queensland, Australia, pp. 133 - 146.

Monographs

Venn, T.J. & 2004. Appraisal of market opportunities for western Queensland hardwood. Utilisation McGavin, R. of western Queensland hardwoods as speciality timbers. RIRDC Publication No. 04/132, RIRDC/Land & Water Australia/FWPRDC/MDBC, Australia, pp. 155 - 162.

Venn, T.J. & 2004. Future prospects for the western Queensland hardwood processing industry. McGavin, R. Utilisation of western Queensland hardwoods as speciality timbers. RIRDC Publication No. 04/132, RIRDC/Land & Water Australia/FWPRDC/MDBC, Australia, pp. 212 - 221.

Venn, T.J. & 2004. Postal survey assessment of potential markets for western Queensland Whittaker, K. hardwoods. Utilisation of western Queensland hardwoods as speiality timbers. RIRDC Publication No. 04/132, RIRDC/Land & Water Australia/FWPRDC/MDBC, Australia, pp. 114 - 154.

Venn, T.J. 2004. Financial comparison of potential hardwood timber processing operations with grazing in western Queensland. Utilisation of western Queensland hardwoods as speciality timbers. RIRDC Publication No. 04/132, RIRDC/Land & Water Australia/FWPRDC/MDBC, Australia, pp. 163 - 206.

Venn, T.J. 2004. The scope of this research on utilisation of western Queensland hardwoods. Utilisation of western Queensland hardwoods as speciality timbers. RIRDC Publication No. 04/132, RIRDC/Land & Water Australia/FWPRDC/MDBC, Australia, pp. 1 - 28.

Venn, T.J., McGavin, 2004. Graded recovery of seasoned mulga and gidgee boards. Utilisation of western R., Leggate, W. & Queensland hardwoods as speciality timbers. RIRDC Publication No. 04/132, Cause, G. RIRDC/Land & Water Australia/FWPRDC/MDBC, Australia, pp. 79 - 110.

School of Economics, The University of Queensland 49 Venn, T.J., McGavin, 2004. Portable sawmilling of mulga and gidgee in western Queensland: green-off-saw R., Leggate, W. & recovery, variable costs of production and comparisons with the east-coast hardwood Cause, G. industry. Utilisation of western Queensland hardwoods as speciality timbers. RIRDC 04/132, RIRDC/Land & Water Australia/RWPRDC/MDBC, Australia, pp. 29 - 56.

Venn, T.J., McGavin, 2004. Drying time and costs associated with seasoning mulga and gidgee timber in R., Leggate, W., western Queensland, Utilisation of western Queensland hardwoods as speciality Cause, G., Redman, timbers. RIRDC Publication No. 04/132, RIRDC/Land & Water L. & Roberts, S. Australia/FWPRDC/MDBC, Australia, pp. 57 - 78.

Venn, T.J. 2004. ‘Financial comparison of potential hardwood timber processing operations with grazing in western Queensland’. Utilisation of western Queensland hardwoods as speciality timbers. A report for the RIRDC/Land & Water Australia/FWPRDC/MDBC Joint Venture Agroforestry Program. RIRDC Publication No. 04/132, pp. 163-206.

Venn, T.J. 2004. ‘The scope of this research on utilisation of western Queensland hardwoods’. Utilisation of western Queensland hardwoods as speciality timbers. A report for the RIRDC/Land & Water Australia/FWPRDC/MDBC Joint Venture Agroforestry Program. RIRDC Publication No. 04/132, pp. 1-28.

Venn, T.J. & 2004. ‘Appraisal of market opportunities for western Queensland hardwood’. Utilisation McGavin, R.L. of western Queensland hardwoods as speciality timbers. A report for the RIRDC/Land & Water Australia/FWPRDC/MDBC Joint Venture Agroforestry Program. RIRDC Publication No. 04/132, pp. 155-162.

Venn, T.J. & 2004. ‘Future prospects for the western Queensland hardwood processing industry’. McGavin, R.L. Utilisation of western Queensland hardwoods as speciality timbers. A report for the RIRDC/Land & Water Australia/FWPRDC/MDBC Joint Venture Agroforestry Program. RIRDC Publication No. 04/132, pp. 212-221.

Venn, T.J., McGavin, 2004. ‘Portable sawmilling of mulga and gidgee in western Queensland: green-off-saw R.L., Leggate, W.W. recovery, variable costs of production and comparisons with the east-coast hardwood & Cause, A.G industry’. Utilisation of western Queensland hardwoods as speciality timbers. A report for the RIRDC/Land & Water Australia/FWPRDC/MDBC Joint Venture Agroforestry Program. RIRDC Publication No. 04/132, pp. 29-56.

Venn, T.J., McGavin, 2004. ‘Drying time and costs association with seasoning mulga and gidgee timber in R.L., Leggate, W.W., western Queensland’. Utilisation of western Queensland hardwoods as speciality Cause, A.G., timbers. A report for the RIRDC/Land & Water Australia/FWPRDC/MDBC Joint Venture Redman, A.L. & Agroforestry Program. RIRDC Publication No. 04/132, pp. 57-78. Roberts, S.

Venn, T.J., McGavin, 2004. ‘Graded recovery of seasoned mulga and gidgee boards’. Utilisation of western R.L., Leggate, W.W., Queensland hardwoods as speciality timbers. A report for the RIRDC/Land & Water Cause, A.G., Australia/FWPRDC/MDBC Joint Venture Agroforestry Program. RIRDC Publication No. Redman, A.L. & 04/132, pp. 79-110. Roberts, S.

Whittaker, K. & Venn, 2004. ‘Postal survey assessment of potential markets for western Queensland T.J. hardwoods’. Utilisation of western Queensland hardwoods as speciality timbers. A report for the RIRDC/Land & Water Australia/FWPRDC/MDBC Joint Venture Agroforestry Program. RIRDC Publication No. 04/132, pp. 114-154.

Working Papers/Discussion Papers

Asafu-Adjaye, J. eds 2004. 'Integrating Economic and Environmental Policies: The Case of Pacific Island Countries', United Nations Development Papers No. 25, 1st edn, United Nations, Thailand, xii +148.

Bandara, R.R. & 2004. Effects of a change in abundance of elephants on the willingness to pay for their Tisdell C.A. conservation, Economics, Ecology and the Environment Working Paper No. 98, April 2004, The University of Queensland School of Economics, Australia, 23.

Bortolussi, G. & 2004. Interactions of Source State and Market Price Trends for Cattle of Korean, Rambaldi, A.N. Japanese and USA Market Specifications, School of Economics Discussion Paper No. 334 August 2004, 1st edn, The University of Queensland School of Economics, Australia, 27.

50 2004 Annual Report Campbell, H.F. & 2004. Taking Account of Non-Timber Values in Harvest Decisions in the Southern Jennings, S.M. Forest of Tasmania, School of Economics Discussion Paper No. 332, May 2004.

Chambers, R.G. & 2004. Linear-risk-tolerant, invariant risk preferences, Risk and Sustainable Quiggin, J.C. Management Group WP3R04, April 2004, 1st edn, University of Queensland, Australia, 10p.

Chambers, R.G. & 2004. Output price subsidies in a stochastic world, Risk and Sustainable Management Quiggin, J.C. Group WP1R04 January 2004, 1st edn, University of Queensland, Australia, 16p.

Foster, J. 2004. From Simplistic to Complex Systems in Economics, School of Economics Discussion Paper No. 335, October, 2004.

Foster, J. 2004. Why is Economics not a Complex Systems Science? School of Economics Discussion Paper No. 336, December, 2004.

Freebairn, J. & 2004. Water rights for variable supplies, Risk and Sustainable Management Group, Quiggin, J. C. WP2M04, June 2004, 1st edn, The University of Queensland, Australia, 19.

Gao, Z. & Tisdell 2004. Television production: its changing global location, the product cycle and China, C.A. Economic Theory, Applications and Issues Working Paper No. 26, January 2004, The University of Queensland School of Economics, Australia, 24.

Grant, S. & Quiggin, 2004. Increasing uncertainty: a definition, Risk and Sustainable Management Group, J. C. WP4R04, May 2004, 1st edn, The University of Queensland, Australia, 31.

Grant, S. & Quiggin, 2004. The risk premium for equity: implications for resource allocation, welfare and J. C. policy, Risk and Sustainable Management Group WP8R04 August 2004, 1st edn, The University of Queensland, Australia, 24.

Hurkens, R.R.C.M. & 2004. 'Recreational fishing and fishing policies in the Netherlands and Australia; A Tisdell, C.A. comparative review'. Economics, Ecology and the Environment Working Paper No. 97, April 2004. 39 p.

Iyer, K.G., Rambaldi, 2004. ‘Measuring Spillovers from Alternative Forms of Foreign Investment’. Centre for A.N. & Tang, K.K. Efficiency and Productivity Analysis Working Paper No.01/2004, pp. 30.

Lyster, T. & Tisdell, 2004. 'What are the economic prospects of developing aquaculture in Queensland to C.A. supply the low price white fillet market? Lessons from the US Channel Catfish industry', Economics, Ecology and the Environment Working Paper No. 108, October 2004. 53 p.

Menezes, F. & 2004. Games without rules, Risk and Sustainable Management Group WP7R04 July Quiggin, J.C. 2004, 1st edn, The University of Queensland, Australia, 25.

O'Donnell, C.C., 2004. Testing for Market Power in Multiple-Input, Multiple-Output Industries: The Griffith, G., Australian Grains and Oilseeds Industries, Technical report for the RIRDC on Project Nightingale, J. & No. UNE-79A May 2004, RIRDC, Australia, pp. 1 - 44 + vii. Piggott, R.

Quiggin, J.C. & 2004. Capital market equilibrium with moral hazard and flexible technology, Risk and Chambers, R.G. Sustainable Management Group WP9R04 September 2004, 1st edn, The University of Queensland, Australia, 7.

Quiggin, J.C. & Tan, 2004. Sustainable management of the Great Artesian Basin: an analysis based on L. environmental economics and law, Risk and Sustainable Management Group, WP3M04, June 2004., 1st edn, The University of Queensland, Australia, 48.

Quiggin, J.C. 2004. Discounting and policy options for sustainable management of the Murray- Darling River System, Risk and Sustainable Management Group, WP1MK04, February 2004, 1st edn, The University of Queensland, Australia, 13.

Quiggin, J.C. & 2004. ‘Supermodularity and risk aversion’, Risk and Sustainable Management Group, Chambers, R.G. University of Queensland, WP2R04, March, 18 p.

Quiggin, J.C. & 2004. ‘Supermodularity and the comparative statics of risk’, Risk and Sustainable Chambers, R.G. Management Group, University of Queensland, WP5R04, June, 16 p.

School of Economics, The University of Queensland 51 Racionero, M. & 2004. Fixed wages and bonuses in agency contracts: the case of a continuous state Quiggin, J.C. space, Risk and Sustainable Management Group, WP6R04, June 2004, 1st edn, The University of Queensland, Australia, 14.

Stanford, J.D. 2004. Unexpected Outcomes of the Financial Institutions Act. School of Economics Discussion Papers No. 333, July 2004, The University of Queensland School of Economics, Australia, pp. 1 - 21.

Tisdell, C.A. 2004. ‘An Overview of Globalisation and Economic Policy Responses’. Economic Theory, Applications and Issues Working Paper No. 33, November 2004.pp 17.

Tisdell, C.A. 2004. 'Antarctic tourists, wildlife and the environment: attractions and reactions to Antarctica', Economics, Ecology and the Environment Working Paper No. 102, May 2004.19 p.

Tisdell, C.A. 2004. 'Australia's economic policies in an era of globalisation', Economic Theory, Applications and Issues Working Paper No. 30, April 2004,17 p.

Tisdell, C.A. 2004. 'Can globalisation result in less efficient and more vulnerable industries?', Economic Theory, Applications and Issues Working Paper No. 32, October 2004, 17 p.

Tisdell, C.A. 2004. 'Economics of business learning: the need for broader perspectives in managerial economics', Economic Theory, Applications and Issues Working Paper No. 28, April 2004, 12 p.

Tisdell, C.A. 2004. 'Linear Break-Even Analysis: when is it applicable to a business?', Economic Theory, Applications and Issues Working Paper No. 29, April 2004, 11 p.

Tisdell, C.A. 2004. 'Nature-based tourism and the valuation of its environmental resources: economic and other aspects', Economics, Ecology and the Environment Working Paper No. 104, May 2004. 17 p.

Tisdell, C.A. 2004. 'Tourism development as a dimension of globalisation: experiences and policies of China', Economic Theory, Applications and Issues Working Paper No. 31, May 2004, 17 p.

Tisdell, C.A. 2004. 'Transaction costs and bounded rationality - implications for public administration and economic policy', Economic Theory, Applications and Issues Working Paper No. 27, January 2004, 23 p.

Tisdell, C.A. 2004. ‘Changing Abundance of Elephants and Willingness to Pay for their Conservation’. Economic Theory, Applications and Issues Working Paper No. 34, December 2004.

Tisdell C.A. & 2004. Birds - their importance to visitors to an Australian rainforest, Economics, Wilson, C.I. Ecology and the Environment Working Paper No. 95, January 2004, The University of Queensland School of Economics, Australia, 17.

Tisdell C.A. & 2004. Birds in an Australian rainforest: their attraction for visitors and visitor's Wilson, C.I. ecological impact, Economics, Ecology and the Environment Working Paper No. 103, May 2004, The University of Queensland School of Economics, Australia, 26.

Tisdell C.A. & 2004. Information and wildlife valuation: experiments and policy, Economics, Ecology Wilson, C.I. and the Environment Working Paper No. 107, August 2004, The University of Queensland School of Economics, Australia, 20.

Tisdell C.A. & 2004. Knowledge and willingness to pay for the conservation of wildlife species: Wilson, C.I. Experimental results evaluating Australian tropical species, Economics, Ecology and the Environment Working Paper No. 101, May 2004, The University of Queensland School of Economics, Australia, 17.

Tisdell, C.A. 2004. Antarctic tourists, wildlife and the environment: attractions and reactions to Antarctica, Economics, Ecology and the Environment Working Paper No. 102, May 2004, The University of Queensland School of Economics, Australia, 19.

Tisdell, C.A., Wilson, 2004. Antarctic Tourists: A Case Study of Their Evaluation of Antarctic Wildlife and C.I. & Kriwoken, L. Environmental Issues, Economics, Ecology and the Environment Working Paper No. 99, April 2004, The University of Queensland School of Economics, Australia, 35.

52 2004 Annual Report Tisdell, C.A., Wilson, 2004. Glow worms as a tourist attraction in Springbrook National Park: visitor attitudes C.I. & Merritt, D.J. and economic issues, Economics, Ecology and the Environment Working paper No. 105, July 2004, The University of Queensland School of Economics, Australia, 31.

Tisdell C.A., Wilson, 2004. An initial assessment of policies for saving a rare Australian glider: Experimental C.I. & Swarna results, Economics, Ecology and the Environment Working Paper No. 100, May 2004, Nantha, H. The University of Queensland School of Economics, Australia, 42.

Tisdell C.A., Wilson, 2004. Australian Tropical Reptile Species: Ecological Status, Public Valuation and C.I. & Swarna Attitudes to their Conservation and Commercial Use, Economics, Ecology and the Nantha, H. Environment Working Paper No. 106, August 2004, The University of Queensland School of Economics, Australia, 51.

Tisdell C.A., Wilson, 2004. Comparative public support for conserving reptile species is high: Australian C.I. & Swarna evidence and its implications, Economics, Ecology and the Environment Working Nantha, H. Paper No. 109, October 2004, The University of Queensland School of Economics, Australia, 26.

Tisdell C.A., Wilson, 2004. Dependence of public support for survival of wildlife species on their likeability, C.I. & Swarna Economics, Ecology and the Environment Working Paper No. 110, October 2004, The Nantha, H. University of Queensland School of Economics, Australia, 14.

Tisdell, C.A. & 2004. 'Tourism as a Contributor to Development in Sri Lanka: An Overview and a Case Bandara, R. Study'. Economics, Ecology and the Environment Working Paper No. 94, January 2004. pp 26.

Tisdell, C.A. & 2004. 'Economic, social and cultural influences on the status and wellbeing of Indian Regmi, G. rural wives', Social Economics, Policy and Development Working Paper No. 40, January 2004, 20 p.

Tisdell, C.A. & 2004. 'Birds - their importance to visitors to an Australian rainforest'. Economics, Wilson, C.I. Ecology and the Environment Working Paper No. 95, January 2004. pp 17.

Tisdell, C.A. & 2004. 'Birds in an Australian rainforest: their attraction for visitors and visitors' Wilson, C.I. ecological impact', Economics, Ecology and the Environment Working Paper No. 103, May 2004. 26 p.

Tisdell, C.A. & 2004. 'Information and wildlife valuation: experiments and policy', Economics, Ecology Wilson, C.I. and the Environment Working Paper No. 107, August 2004. 20 p.

Tisdell, C.A. & 2004. 'Knowledge and willingness to pay for the conservation of wildlife species: Wilson, C.I. Experimental results evaluating Australian tropical species', Economics, Ecology and the Environment Working Paper No. 101, May 2004. 17 p.

Tisdell, C.A. & 2004. ‘Economics, Wildlife Tourism and Conservation: Three Case Studies’. Wilson, C.I. Economics, Ecology and the Environment Working Paper No. 112, November 2004.

Tisdell, C.A., Wilson, 2004. ‘Endangerment and Likeability of Wildlife Species: How Important are they for C.I. & Swarna Proposed Payments for Conservation’. Economics, Ecology and the Environment Nantha, H. Working Paper No. 115, December 2004. pp. 13.

Tisdell, C.A., Wilson, 2004. 'Antarctic Tourists: A Case Study of Their Evaluation of Antarctic Wildlife and C.I. & Kriwoken, L. Environmental Issues', Economics, Ecology and the Environment Working Paper No. 99, April 2004. 35 p.

Tisdell, C.A., Wilson, 2004. 'Glow worms as a tourist attraction in Springbrook National Park: visitor attitudes C.I. & Merritt, D. and economic issues', Economics, Ecology and the Environment Working Paper No. 105, July. 31 p.

Tisdell, C.A., Wilson, 2004. ‘Dynamic Processes in Contingent Valuation: A Case Study Involving the C.I. & Swarna Mahogany Glider’. Economics, Ecology and the Environment Working Paper No. 111, Nantha, H. November 2004. pp. 22.

Tisdell, C.A., Wilson, 2004. 'An initial assessment of policies for saving a rare Australian glider: Experimental C.I. & Swarna results', Economics, Ecology and the Environment Working Paper No. 100, May 2004. Nantha, H. 42 p.

Tisdell, C.A., Wilson, 2004. 'Comparative public support for conserving reptile species is high: Australian C.I. & Swarna evidence and its implications', Economics, Ecology and the Environment Working Nantha, H. Paper No.109, October 2004. 26 p.

School of Economics, The University of Queensland 53 Tisdell, C.A., Wilson, 2004. 'Dependence of public support for survival of wildlife species on their likeability', C.I. & Swarna Economics, Ecology and the Environment Working Paper No. 110, October 2004. 14 p. Nantha, H.

Tisdell, C.A., Wilson, 2004. 'Australian Tropical Reptile Species: Ecological Status, Public Valuation and C.I. & Swarna Attitudes to their Conservation and Commercial Use', Economics, Ecology and the Nantha, H. Environment Working Paper No. 106, August 2004. 51 p.

Tisdell, C.A., Wilson, 2004. ‘Public Support for Sustainable Commercial Harvesting of Wildlife: An Australian C.I. & Swarna Case Study’. Economics, Ecology and the Environment Working Paper No. 114, Nantha, H. December 2004. pp. 19.

Wilson, C.I. & Tisdell, 2004. 'Knowledge of birds and willingness to pay for their conservation; An Australian C.A. case study'., Economics, Ecology and the Environment Working Paper No. 96, January 2004. 21 p.

Wilson, C.I. & Tisdell, 2004. ‘What role does knowledge of wildlife play in providing support for species’ C.A. conservation’. Economics, Ecology and the Environment Working Paper No. 113, December 2004. pp.10.

Wilson, C.I. & Tisdell 2004. Knowledge of birds and willingness to pay for their conservation: An Australian C.A. case study, Economics, Ecology and the Environment Working Paper No. 96, January 2004, The University of Queensland School of Economics, Australia, 21.

Wilson, C.I. & Tisdell 2004. What role does knowledge of wildlife play in providing support for species' C.A. conservation? Economics, Ecology and the Environment Working Paper No. 113, December 2004, The University of Queensland School of Economics, Australia, pp. 1 - 10.

54 2004 Annual Report

Grants for Research Operating in 2004

Dr M. Alauddin Project Title: The South Asian Food Equation: Interrelations Among 2003001561 Output, Total Factor Productivity Growth and their Variabilities, and the Environment Period of Grant: 2004-2005 Amount of Grant: $14,797.10 Granting Body: The University of Queensland

Dr J. Asafu-Adjaye Project Title: Trade liberalisation, agriculture and land degradation 2003001692 in Fiji, Implications for sustainable development Period of Grant: policies Amount of Grant: 2003-2006 Granting Body: $429,925.00 Australian Centre – International Agricultural Resources

Dr N. Duke, Dr J. Udy, Project Title: Conserving the Marine Biology of Marovo Lagoon, Dr I. Tibbetts, Dr D. Solomon Islands Neil, Dr A. Ross, Dr J. Period of Grant: 2004-2007 Phillips, Dr J. Corrin- Amount of Grant: $289,152.00 Care, Dr B. Carter, Granting Body: MacArthur Foundation Prof H. Campbell, Dr P. Dart, Mr C. Roelfsema & S. Albert 2004001045

Prof C.A. Knox-Lovell, Project Title: Robust Productivity Measurement: An Econometric Prof T. Coelli Distance Function Approach 2003000606 Period of Grant: 2004-2006 Amount of Grant: $150,000.00 Granting Body: ARC

Dr A. Fitzgibbons Project Title: GLS Shackle and Economic Complexity 2003001749 Period of Grant: 2003-2004 Amount of Grant: $12,000.00 Granting Body: The University of Queensland

Prof P. Lindsay, Prof Project Title: ARC Centre for Complex Systems D.G. Green, Prof I. Period of Grant: 2003-2007 Hayes, Dr H.A. Amount of Grant: $3,856,636.00 Abbass, Prof D. Granting Body: ARC Abramson, A/Prof P. Adams, Prof K. Burrage, Prof R. G. Dromey, Prof J. Foster, Prof S. Kaplan, Prof G. McLachlan, Prof B. Pailthorpe, Prof P. Sanderson, Prof K. Deb, Dr G. Theraulaz, Dr R. Nielson 2003001893

School of Economics, The University of Queensland 55 Prof J. Foster, Prof Project Title: Nonlinear Econometric Modelling: A Complex M.J. Hinich & Dr P.T. Systems Perspective Wild Period of Grant: 2003-2005 Amount of Grant: $60,000.00 Granting Body: ARC Discovery

Dr J. Herbohn & Project Title: Forestry Resource Development on the Atherton A/Prof S. Harrison Tablelands 200100949 Period of Grant: 2001-2004 Amount of Grant: $277,690.25 Granting Body: Australian Centre for International Agricultural Research

Dr J. Herbohn, A/Prof Project Title: Systems Analysis of Regional Social and Economic S. Harrison, Dr N. Impacts of Forest Industry Development Emtage Period of Grant: 2004-2005 2003001745 Amount of Grant: $1,550.00 Granting Body: The University of Queensland

Dr J. Lawrenceson, Project Title: Shanghai as an International Financial Centre Dr K.K. Tang 2003001506 Period of Grant: 2004 Amount of Grant: $10,000.00 Granting Body: The University of Queensland

Dr G. Leeves Project Title: The Determinants of Teacher Turnover: Evidence 2003001553 from a Matched Teacher-to-School Micro Data Set Period of Grant: 2004 Amount of Grant: $10,000.00 Granting Body: The Univeristy of Queensland

Ms A. Taylor, Dr A. Project Title: An Integrated Large Scale Urban Model and Spatial Murray, Dr D. Pullar, Decision Support System Simulating Growth and Dr P.J. Crossman, Dr Evaluating Sustainability Outcomes for Southeast T. Wilson, Mr A. Queensland Skinner, Mr R Austin, Period of Grant: 2004-2007 Prof J. Mangan, Prof Amount of Grant: $662,000.00 K. Burrage, Prof M. Granting Body: ARC/Australian Treasury Bell, Prof R. Stimson 2003000458

Ms D.K. Conroy, Dr Project Title: Categories of employment and unemployment M.A. Steinberg, Prof patterns in the Sunshine Coast Labour Market: A J.E. Mangan & Mr P. Period of Grant: regional Study Hagan Amount of Grant: 2003-2005 Granting Body: $120,000.00 Australian Research Council Linkage

Dr C. O’Donnell Project Title: Econometric Approaches to Resolving Uncertainty 2003001874 Concerning Functional Form Period of Grant: 2003-2004 Amount of Grant: $10,435.00 Granting Body: UQ New Staff Research Start-Up Fund

Dr C. O’Donnell Project Title: The importance of price and perceived quality to the 2003000384 demand for fresh fruits and vegetables Period of Grant: 2003-2006 Amount of Grant: $110,317.00 Granting Body: ARC Linkage Project

56 2004 Annual Report Prof J. Quiggin Project Title: Sustainable Reform of the Murray-Darling System: 2002001907 Property Rights, Uncertainty and Institutions Period of Grant: 2003-2008 Amount of Grant: $1,431,765.00 Granting Body: ARC Federation Fellowship

Prof J. Quiggin Project Title: Risk and Australian Public Policy 2002001966 Period of Grant: 2003-2007 Amount of Grant: $378,983.00 Granting Body: ARC ARF

Prof J. Quiggin Project Title: Risk and Australian Public Policy 2002001966 Period of Grant: 2003-2007 Amount of Grant: $378,983.00 Granting Body: ARC Discovery Project

Prof P. Rao, Prof Project Title: Econometric Estimation and Analysis of Global W.E. Griffiths & Dr D. Distribution of Income Chotikoapanich Period of Grant: 2004 2003002016 Amount of Grant: $40,000.00 Granting Body: The University of Queensland

Dr K.K. Tang, Mr L. Project Title: Organizational Structure and Tournament Between Yanes, Mr R. Beard Employees 2003001507 Period of Grant: 2004 Amount of Grant: $9,500.00 Granting Body: The University of Queensland

Dr C. Wilson Project Title: Economic and conservation benefits of Wildlife-based 2001001164 ecotourism: penguins, seals and island birds as case studies Period of Grant: 2001-2004 Amount of Grant: $9,990.00 Granting Body: The University of Queensland

Dr C. Wilson & Emer Project Title: Economics of conserving Australian Tropical Wildlife: Prof C. Tisdell An Analysis of the Role of Economic Valuation, 2002000968 Property Rights and Commercialisation Period of Grant: 2003-2005 Amount of Grant: $173,000.00 Granting Body: ARC

Mr L. Yanes Project Title: Industrial Development, International Trade and 2002001912 Collusion: A Game Theoretic Perspective Period of Grant: 2003-2005 Amount of Grant: $10,000.00 Granting Body: The University of Queensland

School of Economics, The University of Queensland 57

Research Candidates

In 2004 the School of Economics administered 56 Research Higher Degree candidates consisting of 49 x PhD, 5 x MPhil and 2 x MEcon(Research) candidates. There were also 15 x PhD candidates and 4 x MPhil candidates administered by other Schools who have Advisors and an official EFTSU split with the School of Economics. Further to this there are three candidates who also have an Advisor in the School.

Candidate (Advisors) Topic Degree

Mr A Abdul Wahab A critical assessment of the socio-economic implications PhD (Comp Sci & Elec Eng 80% of Malaysia’s national information policy: A complex (CSEE) & Mandeville 20%) system approach (awarded 27 May 2004)

Mr Latif Adam The economic role of formal and informal inter-firm PhD (Tisdell & Jackson) networks in the development of small and medium industrial enterprises: study of symbiosis in the Indonesian garment industry

Ms Breige Allan-Greer Analysis of consumer demand for fresh fruits and PhD (O’Donnell, Coelli & Rao) vegetables

Dr Mohammad Alauddin Stemming the tide against the economics discipline: In PhD (Education 50% & Foster) search of a generic model (Edu)

Mr Aung-Kyaw-Zaw Economic analysis of treatment-seeking for malaria PhD (Population Health 60% & illness in Shan State, Myanmar in 2000 (Pop. Health) Jackson)

Mr Ranjith Bandara Economics of vertebrate pest management: A case PhD (Tisdell & Roy) study of human elephant conflict in Sri Lanka (awarded 20 January 2004)

Mr Yapa Bandara Trade liberalisation and the growth of the manufacturing PhD (Karunaratne, Mangan & sector in Sri Lanka (awarded 12 May 2004) Mahadevan)

Mr Francis Barram Design of sustainable energy systems for isolated hotels PhD (Geography, Plan & Arch in the South Pacific (GPA) 67% & Kolsen)

Mr Mark Bowden Simulating non-linear dynamical representations of PhD (Foster, Potts 90% & EPSA financial markets 10%)

Ms Tanya Boyle Economic reform of the rail industry in Queensland MPhil (Foster & Mangan)

Mr Jerome Bredt The process of job creation and destruction in the PhD (Mangan & Mandeville) Australian economy

Mr Maxwell Briggs The Multifunction Polis and regional economic PhD (Mandeville & Jensen) development (awarded 26 November 2004)

58 2004 Annual Report Mr Donald Burtt Electricity sector de-regulation MPhil (Harrison & Asafu-Adjaye)

Mr Joseph Clark An investigation into the effect of multi-population PhD (Earl, Quiggin & Yanes) evolutionary learning specifications with complexity costs on equilibrium in learning games

Ms Linda Cobiac Stormwater management and planning: decision support PhD (Life Sciences 80% & in a socio-economic context (Life Sci) Robinson)

Mr James Cole What is information? PhD (Info Tech & Elec Eng 80% (IF&EE) & Mandeville 20%)

Ms Emma Comerford The use of market approaches for natural resource PhD (Robinson, Beard & management in regional Queensland Quiggin)

Mrs Averil Cook Economics of development of long-distance walking PhD (Harrison & Asafu-Adjaye) tracks in North Queensland

Ms Melanie Cox Impacts of aquatic ecosystem health on human welfare PhD (Marine Studies 70% & (Marine) Robinson)

Mr Michael Cox The economic and export potential of natural resource PhD (Harrison & Quayle (QUT)) products from Queensland timber industries

Ms Tara Cully Linking the condition of wetland ecosystem goods and PhD (Geography, Plan & Arch services with changes in regional economics to aid in (GPA) 50% & Robinson 50%) the design of economic indictors of sustainability

Mrs Evelyne Degryse Measuring Poverty: A case study – Bali (awarded 23 MPhil (Duhs) November 2004) (remote)

Mr Fritz De Vroet Do medium and small sized ethnic Chinese firms in PhD (Business 80% & Chai) Malaysia do business significantly different from small (Business) and medium sized business firms in Malaysia owned and managed by non-Chinese south-east Asian ethnic groups?

Mr James Dick On the structural complexity of financial markets MPhil (Potts)

Mr Stephen Duthy Socio-economic evaluation of supervised cattle PhD (Harrison, Duhs & Davis distribution in the Philippines (remote) (SCU))

Mr Nicholas Emtage An investigation of the socio-economic factors affecting PhD (Natural & Rural Systems the adoption of non-industrial forestry in north (NRSM) Mgmt 60% & Harrison ) Queensland and Leyte (awarded 23 November 2004)

Ms Estela Estoria Community based forestry (awarded 12 July 2004) MPhil (Natural & Rural Systems (NRSM) Mgmt 60% & Harrison)

School of Economics, The University of Queensland 59 Mr Christopher Fleming Rationing access to wilderness: An economic analysis PhD (Tisdell, Cook & Asafu- Adjaye)

Ms Mary Ann Franco- An economic analysis of water pricing and allocation PhD Dixon options for the Fitzroy Basin: Implications at the farm (NRSM) (Natural & Rural Systems and regional level Mgmt 50% & Riethmuller)

Ms K. Renuka Structural transformation and economic growth PhD Ganegodage (Rambaldi, Foster & Rao)

Mr Barry Golding Metals, energy and sustainability PhD (Campbell)

Mr Colin Green Social interaction effects on Australian youth outcomes PhD (Leeves, Mangan & Bodman)

Mr Nestor-Onting Role of nursery in the redevelopment of timber industry MPhil Gregorio through small scale forestry in Leyte (NRSM) (Natural & Rural Systems Mgmt 40% & Harrison)

Mr Gholamreza Semiparametric and Bayesian estimation of frontier PhD Hajargasht models (O’Donnell, Coelli & Rao)

Mr Akhter Hamid Integration of agriculture and aquaculture in farming PhD (Natural & Rural Systems systems of Bangladesh: Economic, social and Mgmt 50% & Alauddin) environmental perspectives

Mr Derek Headey Agriculture, poverty and growth PhD (Rao, Alauddin & Duhs)

Ms Mary Hedges A personal construct theory of labour market mobility PhD (Earl, Foster, Potts & (remote) Endres)

Ms Karen Hooper The non-traded goods sector, international migration PhD (Brown & Foster) and competitiveness (awarded 15 November 2004)

Mr Yoshitaka Hosoi The impact of a large scale mine development on the PhD (Asafu-Adjaye & national economy of Fiji (remote) Yokoyama)

Mr M. Azharul Huq Domestic resource mobilisation in a developing PhD (Alauddin & Roy) economy: Issues, options and prospects for Bangladesh

Ms Galina Ivanova The economics of renewable energy policy with special PhD (Docwra, Beard & Asafu- reference to Australia Adjaye)

Mr Krishna Iyer Essays on foreign investments and economic PhD Rambaldi, Tang & Coelli) performance

60 2004 Annual Report Mr D. (Ian) Jeffreys Application of multi-objective decision support systems PhD (Natural & Rural Systems (MODS) for the evaluation of farm forestry viability (NRSM) Mgmt 80% & Harrison)

Mrs Eliana Jimenez-Soto Is migration an effective social protection strategy for MPhil (Brown & Leeves) households in small Pacific Islands? The case of Tonga, Samoa and Fiji

Ms Abby Kamalkanathan A comparative analysis of the supply of health personnel PhD (Jackson & Leeves) in Australia and Malaysia: An investigation into the motivation, training, regulation and mobility aspects of the market for General Practitioners

Mr Parvinder Kler The graduate over education paradox: Is what we see PhD (Leeves & Mangan) what we actually get? A short and long term analysis

Mrs Svetlana Klimenko Industrial and occupational segregation and female MPhil (Leeves) employment over the business cycle

Mr Lauchlan Mackinnon Management of self-reflexive socioeconomic systems PhD (Earl & Foster 75% & with specific reference to normative valuations Philosophy 25%)

Mr Stuart McDonald Evolutionary game theory in games with infinitely many PhD (Mehta & Beard) agents and infinite action spaces

Ms Kerrie Mitchener Preference and utility in economic theory and the history PhD (Mehta & Littleboy) of economic thought (remote)

Mr Pelotshweu Moepeng Poverty in Botswana: Nature, dimension and alleviation PhD (Tisdell, Beard & Yanes) strategies

Mr Kerry Mort A multi-level analysis of the relationship between PhD (Geog., Plan. & Arch 80% information and communications (IC) and development (GPA) & Mandeville) within a knowledge-based paradigm

Mr Chris Nadarajah Production functions in the Australian professional team MEcon (Docwra & Mahadevan) sport industry (submitted June 2004)

Mr Hong Son Nghiem The efficiency of microfinance and its contribution to PhD (Coelli, Laurenceson & poverty reduction: Vietnam case study Rao)

Mr Shane O’Donohue Theory of savings in Keynesian economic models PhD (Mehta & Leeson) (remote)

Mr Christos Panousis Personality traits and the entrepreneur as a constructor PhD (Earl, Fitzgibbons & Potts) of connections: A novel and complementary approach to the Austrian theory of entrepreneurship

School of Economics, The University of Queensland 61 Ms Ti-Ching Peng The economics of housing renovation in Australia: A PhD (Earl, Bodman, Potts & behavioural approach Jorgensen 10%)

Mr Dennis Petrie A cost-benefit analysis of community action intervention PhD (Population Health – Doran strategy to reduce alcohol-related harm in rural (Pop. Health) 80% & O’Donnell) communities in New South Wales

Ms Roberta Powell Industrial organization and financial stability PhD (Foster, Bodman & Makin)

Mr Frederik Preisler Analytical techniques to incorporate sustainability PhD (Brown 50% & Engineering 50%)

Mr Alan Raine On growth, property and energy transformation PhD (Foster, Potts & Mandeville)

Ms Leonora Risse Evaluation and optimal design of a maternity scheme for PhD (Mangan, Leeves & Australia Bodman)

Ms Ella Rohen Complexity and economic agency PhD (Earl, Foster & Mandeville)

Mr Sean Ryan Transferable development rights for conservation in MPhil (Law 50% & Robinson) Queensland (Law)

Mr Brett Ryder Expectations formation and the evolution of US PhD (Rambaldi, Tang & Foster) monetary policy: An empirical analysis

Mr Ridwan Sala Bioeconomic analysis of the skipjack fishery in eastern PhD (Marine Studies 80% & Indonesia (Marine) Robinson)

Mr Arif Sikander The significance of some major strategic technology PhD (Mandeville & Hussain management issues in the electronics manufacturing (remote) (Univ Brunei)) sector of Malaysia during the 10 years of its economic development (1986-95)

Mr David Smorfitt An economic evaluation of feral pig control strategies in PhD (Harrison/Tisdell 80% & north Queensland (remote) Natural & Rural Systems Mgmt 20%)

Mr Franklin Soriano Productivity measurement using micro and macro level PhD (Rao & Coelli) data: Aggregation issues and properties of parametric and non-parametric methods

Ms Anna Straton The valuation of complex and diverse ecosystems PhD (Brown & Foster) (submitted October 2004)

62 2004 Annual Report Ms Sorada Tapsuwan Valuing the willingness to pay for environmental PhD (Asafu-Adjaye, Mahadevan conservation and management: A case study of scuba & Harrison) diving levies in Similan Islands Marine Park, Thailand

Ms Siew Yean Teo Analysis of factors influencing the process of wage PhD (Leeves & Bodman) determination and earnings in Brunei (awarded 19 October 2004)

Mr Bernard Trendle An analysis of instability using a multiregional PhD (West & Mangan) econometric input-output model of Queensland

Ms Margaret Vatnabar Poverty reduction through gender empowerment in PhD (Natural & Rural Systems agriculture in Papua New Guinea (NRSM) Mgmt & Rao) (to be confirmed)

Mr Tyron Venn Sustainable woodland-based development strategies for PhD (Harrison) Aurukun Shire, Cape York Peninsula (awarded 26 November 2004)

Dr David Wadley A philosophy of planning and development (submitted MEcon (Duhs & Geography Plan. & October 2004) Arch 50%)

Mr David Willis The impact of prudential regulation upon the Australian PhD (Law 75% & Stanford) credit unions (Law)

Mr Craig Wilson The causal link between foreign direct investment and PhD (Makin, Bodman & Chai) economic growth

Mr Grant Woollett An investigation of structural change in the Australian PhD (Foster & Mangan) economy

Other Candidates with Associate Supervision in the School of Economics

Mr Bede Evans Public health strategies to control helminth infections in PhD (Population Health 100% & Vietnam (PH) Riethmuller)

Mr Timothy Kastelle Managerial implications of viewing the economy as a PhD (UQ Business School 100% complex evolving system (UQBS) & Potts)

Mr Alistair Robson Methodologies to evaluate economic development PhD (Geography, Plan. & Arch. strategies and initiatives to transform the Ipswich (GPA) 100% & Mangan) regional economy

School of Economics, The University of Queensland 63

Coursework Economic Projects & Theses Completed in 2004

Student Thesis Title/Topic (Supervisor/s)

BEcon(Hons)

Sam Betros The effects of globalisation on developing economies (Alauddin)

Archie Chapman Emergent Conventions and Equilibrium Selection: Learning (Beard) Dynamics in Repeated Stag Hunt Games

Hui Lin Claire Chiam (Laurenceson) How Effective are China's Capital Controls?

Luke Elford Labour Mobility and Regional Labour Market Dynamics in (West) Australia

Adrian Ellis (Riethmuller) Antidumping Policy in Australia

Nicole Sue Yi Goh Microfinance: An Impact Assessment (A Case Study of (Brown) Zambuko Trust in Zimbabwe)

Linda Kemp A cost Effectiveness Analysis of Genetically Screening (Doran & Hall) Heart Patients Before Prescribing Statins: An Analysis of the CETP gene Taq1B Polymorphism

Voon Foong Lai Stock Market Volatility and Efficiency in Malaysia: Sectoral (Leeves) Level Analysis

Kate Morrison A Model of Asset Price Dynamics under Networked (Earl & Beard) Expectations

Mei Li Evelyn Ng (Yanes & Tang) The Hierarchical Structure of Firm: A Geometric Approach

Sarah Parker (Alauddin) The Economic Impact of 9/11 - A View from 2004

Ross Schafer (Stanford) Superannuation, Savings and Retirement Income

Shannon Stewart The Economic Impact on Isis Shire of the Isis Central Sugar (West) Mill

64 2004 Annual Report

Philippa Sutton Labour Market Flow Analysis of Australia & New Zealand: A (Leeves) Case Study in Economic Reform

Jessie Boon Lin Tey International Finance Centre: A Panel Estimation of the (Tang & Rao) Determinants of Financial Activity Concentration

Sarah Usher The Brain Drain of South Pacific Island Nations: An (Brown) Econometric Investigation into the Factors which Influence Migration Decisions of Skilled Health Professionals

Anna Williams Willingness to Accept Using Choice Modelling: An (Brown) Application to Riparian Revegetation in the Lockyer Catchment

Henry Yeh The Relationship Between Foreign Direct Investment and (Laurenceson) Foreign Trade in China: Evidence from a Provincial Level

BEcon(Hons) Econometrics

Matthew Green Econometric Estimation of National and Regional Income (Rao) Distributions Using the Generalised Lognormal Distribution and Limited Group Data

James Patterson A Model of River Flood Insurance Using Stochastic Co- (Beard) operative Game Theory

Vanessa Rayner (O’Donnell) A Bayesian Analysis of Arch and Garch Models

MEconSt

Dominic L'Huillier Economic regualtion of Queensland ports: Market power (Duhs) and price regulation

Anders Moe The economics of the music industry: uncertainty in demand (Earl) and implications for economic organisation and strategy

Ti Ching Peng Mainstream versus heterodox perspectives on the dynamics (Potts/Earl) of the Brisbane residential property market, 1998 - 2003

Tu Phan Development strategies in Vietnam: Back to the (Riethmuller/Duhs) fundamentals

Shuhei Tsukamoto The sectoral analysis of credit direction and rationing in (Stanford) Japan from 1954 to 1991: from the viewpoints of flow-of- funds accounts, financial reforms and business investments

Economic Project 2004

Tawatchai Anuponganan In search of complexity theory in Thai economic crisis (Tom (Mandeville) MEconSt Yum Koon disease)

Adwin Atmadja MIEF The dynamic interactions between stock prices and

School of Economics, The University of Queensland 65 (Rambaldi) macroeconomic factors in the five ASEAN countries during and post the Asian financial crisis (1997-2003)

Catherine Bradbear Gender and development in India: A review of the current (Roy) MEconSt literature

Daniel Bunting The value of New South Wales recreational fishing havens: (Campbell) MEconSt A travel cost study

Li Tshin Chong (Mehta) MIEF IS-LM curves

William (Angus) Kent (Tang) MIEF Asset bubbles and monetary policy

Kieron Lacey The new evolutionary approach to technological change: A (Potts) MBE case study of mobile phones

Credit direction and economic development: A case study of Shuhei Tsukamoto Bank of Japan and the Japanese financial system from (Stanford) MEconSt 1945-1974

Thi Dieu Thuy Hoang Bilateral commercial relations between Vietnam and (Roy) MBE Australia: Importance and implications for Vietnam

Viet Ngu Hoang (Riethmuller) MBE Vietnam's telecommunication industry - economic issues

Tin Wei Hong (Potts) MBE Evolutionary economic policy in Singapore

Abhayaprada Kamalkanthan Mumbai as an international financial centre: comparative (Laurenceson) MIEF development and future prospects

Naveen Kittali (Alauddin) MIEF Green revolution and technology transfer in India

Anders Moe (Earl) MEconSt Norway: From comparative to competitive advantage?

Kim Huong Nguyen Toward an evolutionary approach for development (Potts) MIEF economics

Nga Bich Thi Vuong Vietnam's external liberalization and the impact of China's (Laurenceson) MIEF WTO entry

Nurhuaida Hj MIEF Is there room for conventional banks to venture into the Damit Islamic banking industry in Brunei? Alauddin

66 2004 Annual Report

PhD, MPhil & MEcon Degrees Awarded in 2004

Student Thesis Title/Topic (Supervisor/s)

Mr Ranjith Bandara PhD Economics of vertebrate pest management: A case study (Tisdell & Roy) of human elephant conflict in Sri Lanka (awarded 12 May 2004)

Mr Yapa Bandara PhD Trade liberalisation and the growth of the manufacturing (Karunaratne, Mangan & sector in Sri Lanka (awarded 20 January 2004) Mahadevan)

Mr Maxwell Briggs PhD Facilitating a Large Scale Collaborative Venture (LSCV) (Mandeville & Jensen) Project: An approach to economic growth based on a strategic marketing evaluation of the Multifunction Polis Project (1987-1990) (awarded 26 November 2004)

Mrs Evelyne Degryse MPhil Measuring Poverty: A case study – Bali (Duhs) (awarded 23 November 2004)

Mr Nicholas Emtage PhD An investigation of the socio-economic factors affecting the (Natural & Rural Systems adoption of non-industrial forestry in far north Queensland Mgmt 60% & Harrison ) and the Leyte region of the Philippines (awarded 23 November 2004)

Ms Estela Estoria MPhil The role of community organisers in the promotion of (Natural & Rural Systems community forestry in the province of Leyte, the Philippines Mgmt 60% & Harrison) (awarded 12 July 2004)

Ms Karen Hooper PhD Assessing the implications of labour migration for (Brown, R. & Foster) competitiveness – with evidence from Taiwan (awarded 15 November 2004)

Ms Siew Yean Teo PhD An analysis of female labour supply and earnings in small (Leeves & Bodman) Islamic country: evidence from Brunei Darussalam (awarded 19 October 2004)

Mr Tyron Venn PhD Socio-economic evaluation of forestry development (Harrison) opportunities for Wik people on Cape York peninsula (awarded 26 November 2004)

Dr David Wadley MEcon Social welfare and urban design: Advancing planning and (Duhs & development through visual prominence assessment Geographical Science 50%) (awarded 6 December 2004)

Mr A Abdul Wahab PhD A critical assessment of the socio-economic implications of (Comp Sci & Elec Eng 80% & Malaysia’s national information policy: A complex system Mandeville 20%) approach (awarded 25 May 2004)

School of Economics, The University of Queensland 67

Undergraduate & Graduate Courses Offered in 2004

UNDERGRADUATE COURSES Level 1 Semester 1 2002 Code Course Title Pre 2001 Code ECON1010 Introductory Microeconomics EC121 ECON1050 Introductory Mathematical Econ EC131 ECON1110 Australian Economic Institutions EC115 ECON1120 The Economics of Social Issues EC117 ECON1310 Quantitative Economic & Business Analysis A EC135 ECON1320 Quant Econ & Bus Analysis B EC136

Semester 2 ECON1010 Introductory Microeconomics EC121 ECON1020 Introductory Macroeconomics EC122 ECON1050 Introductory Mathematical Economics EC131 ECON1100 Political Economy & Comparative Systems EC113 ECON1310 Quantitative Economic & Business Analysis A EC135 ECON1320 Quantitative Economic & Business Analysis B EC136

Level 2 Semester 1 ECON2010 Microeconomic Theory EC211 ECON2020 Macroeconomic Theory EC212 ECON2050 Mathematical Economics EC233 ECON2300 Introductory Econometrics EC230 ECON2420 The Macroeconomy & Business Conditions new ECON2610 International Economy in the Twentieth Century EC264 ECON2810 Industrial & Labour Relations EC281

Semester 2 ECON2030 Microeconomic Policy EC271 ECON2040 Macroeconomic Policy EC221 ECON2100 Philosophy of Economic Thought EC214 ECON2200 Management of Financial Institutions EC202 ECON2320 Business & Economic Design Techniques EC235 ECON2400 Business Economics ID226 ECON2600 Economic History of Asian Economies EC263 ECON2700 Applied Economics of Marketing & Distribution EC265 ECON2800 The Economics of Labour Markets EC280 ECON2810 Australian Industrial Relations EC282

68 2004 Annual Report Level 3 Semester 1 ECON3010 Advanced Microeconomics EC313 ECON3200 Monetary Economics EC301 ECON3320 Stat Theory for Economists EC231 ECON3420 Communications Technology & Information Economics EC374 ECON3430 Managerial Economics EC375 ECON3450 Public Finance EC343 ECON3500 Economic Development EC321 ECON3510 International Trade Theory & Policy EC352 ECON3530 Asian-Pacific Economies: Policy Issues EC323 ECON3710 Economics of Natural Resources EC378 ECON3730 Economic Analysis of Law ID413 ECON3800 Labour Economics EC381 ECON3900 Special Unit

Semester 2 ECON3020 Advanced Macroeconomics EC314 ECON3050 Advanced Mathematical Economics EC337 ECON3060 Experimental Economics EC282 ECON3210 Financial Markets & Institutions EC302 ECON3220 Benefit Cost Analysis for Business new ECON3300 Applied Econometrics EC330 ECON3310 Econometric Theory EC331 ECON3400 Industrial Economics EC373 ECON3410 Industrial Organisation in the Asia-Pacific EC324 ECON3440 Regulatory Economics EC370 ECON3520 International Macroeconomics EC351 ECON3600 Australian Economic History EC366 ECON3700 Environmental Economics EC376 ECON3900 Special Unit EC300

School of Economics, The University of Queensland 69 HONOURS AND GRADUATE COURSES Semester 1 2002 Code Course Title Pre 2001 Code ECON6010 Microeconomic Theory EC413 ECON6020 Macroeconomic Theory EC414 ECON6300 Advanced Applied Econometrics EC443 ECON6500 Economic Development EC416 ECON6510 International Economics EC417 ECON6910 Thesis (6 UNITS) EC411 ECON7002 Economics for Commerce EC868 ECON7010 Microeconomics for Business EC865 ECON7011 Business Economics new ECON7020 Macroeconomics for Business EC866 ECON7030 Microeconomic Analysis EC840 ECON7040 Macroeconomic Analysis EC842 ECON7300 Statistics for Business & Economics EC834 ECON7310 Elements of Econometrics EC843 ECON7320 Advanced Applied Econometrics EC860 ECON7400 International Industry Economics EC847 ECON7500 Asia-Pacific Development EC844 ECON7510 Economic Development EC873 ECON7520 International Monetary Economics EC845 ECON7540 Economics of Innovation & Entrepreneurship new ECON7730 Natural Resource Economics EC878 ECON7800 Personnel Economics for Business new ECON7810 Health Economics & Evaluation new ECON7850 Research Thesis new ECON7851 Research Thesis new ECON7900 Special Unit EC854 ECON7910 Research Report EC869 ECON7920 Economic Project EC859 ECON7921 Economic Project EC859 ECON7922 Economic Project EC859 ECON7930 Thesis EC899 ECON7931 Thesis EC899 ECON8010 Microeconomic Theory (PhD Students only) new ECON8020 Macroeconomic Theory (PhD Students only) new ECON8300 Advanced Applied Econometrics new ECON8910 PhD Confirmation Thesis new

70 2004 Annual Report

Semester 2 ECON6200 Advanced Monetary Economics EC401 ECON6310 Advanced Economic Theory EC444 ECON6340 Inter-Industry Economic Modelling new ECON6410 Information Economics EC483 ECON6420 Public Finance EC415 ECON6700 Ecological & Environmental Economics EC428 ECON6910 Thesis (6 UNITS) EC411 ECON7002 Economics for Commerce EC868 ECON7010 Microeconomics for Business EC865 ECON7011 Business Economics new ECON7020 Macroeconomics for Business EC866 ECON7200 Economics of Financial Markets EC802 ECON7300 Statistics for Business & Economics EC834 ECON7322 Business & Economic Decision Techniques EC736 ECON7340 Inter Industry Economic Modelling new ECON7350 Financial Econometrics new ECON7360 Applied Econometrics EC330 ECON7410 Advanced Managerial Economics EC876 ECON7420 Information Economics EC872 ECON7430 Competition & Regulation Policy EC846 ECON7440 Public Economics EC850 ECON7460 Health Economics new ECON7530 International Trade & Investment EC871 ECON7720 Ecological & Environmental Economics EC856 ECON7740 Benefit/Cost Analysis & Project Evaluation A EC874 ECON7750 Benefit/Cost Analysis & Project Evaluation B EC875 ECON7830 Health Economics & Policy new ECON7840 Health & Economic Development new ECON7910 Research Report EC869 ECON7920 Economic Project EC859 ECON7921 Economic Project EC859 ECON7922 Economic Project EC859 ECON7930 Thesis EC899 ECON7931 Thesis EC899 ECON7932 Thesis EC899 ECON8910 PhD Confirmation Thesis

School of Economics, The University of Queensland 71

2004 Summer Semester Courses Offered 2002 Code Course Title Pre 2001 Code ECON1020 Introductory Macroeconomics EC122 ECON1320 Quantitative Economic & Business Analysis B EC136 ECON7010 Microeconomics for Managers EC865 ECON7020 Macroeconomics for Managers EC866 ECON7910 Research Report

72 2004 Annual Report