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This paper overviews the evolution of economics at the University of Western Australia (UWA) in the thirty years to 1992, with attention given to the leadership of professorial staff, fragmentation in the vision for the economics program and the role of research and research training in that...
Persistent link: https://www.econbiz.de/10008539792
China’s growth has been spectacularly high and persistent over the last few decades. However, there have been regular expressions of concern about the uneven distribution of the benefits across regions and, at times, it has been asserted that the regional distribution of available investment...
Persistent link: https://www.econbiz.de/10008539793
Persistent link: https://www.econbiz.de/10008539794
This thesis investigates economic aspects of the measurement of fiscal decentralisation to establish how a nation’s fiscal arrangements can be consistently measured, so they can be compared internationally. A new index of fiscal decentralisation is developed that reflects two key elements of...
Persistent link: https://www.econbiz.de/10008539795
During his honours research on an index of industrial production at the University of Western Australia, Salter gained an understanding of the composite commodity theorem. The applied work on the index of industrial production provided him with the analytic foundations for his two famous...
Persistent link: https://www.econbiz.de/10008539796
This paper contains a critique of solvency regulation such as imposed on banks by Basel I and II. It argues that banks seeking to maximize rate of return on risk-adjusted capital (RORAC) aim at an optimal level of solvency because on the one hand, solvency S lowers the cost of refinancing; on...
Persistent link: https://www.econbiz.de/10008539797
The relationship between financial-system reform and growth is of continuing interest and the subject of ongoing research; yet many aspects of it remain unclear. This paper contributes to the literature by an analysis of this relationship using Chinese time-series data. China is a particularly...
Persistent link: https://www.econbiz.de/10008539798
China has enjoyed high economic growth for three decades since the initiative of economic reform in 1978. This growth has however been driven mainly by labour-intensive, export-oriented manufacturing activities. Has innovation played a role in China’s economic growth? What are the determinants...
Persistent link: https://www.econbiz.de/10008539799
Persistent link: https://www.econbiz.de/10008539800
Regional disparities in output per capita and income in China are large and persistent. They have been the subject of considerable concern to policy-makers at the highest level for decades, yet little is known about the effectiveness of various alternative policies which may be used to combat...
Persistent link: https://www.econbiz.de/10008539801