Economics - Research Publications
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ItemThe Evolution of Tariff Protection and WageProtection in the Late Colonies and Early Federation(WILEY, 2017-12)This paper examines the links between tariff protection and wage protection. These two areas of regulation were linked politically by a coalition of the Protectionist Party and the Labour Party which supported both policies together. In the regulatory systems themselves there were links through New Protection Policy and the major influence it had on the hugely important Harvester Judgment of the Court of Conciliation and Arbitration. By 1910, these developments had laid down the foundations of Australian tariff policy and labour market regulation which became among the most highly regulated markets in the non‐communist world for many decades.
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ItemA REVIEW OF THE RECENT LITERATURE ON THE INSTITUTIONAL ECONOMICS ANALYSIS OF THE LONG-RUN PERFORMANCE OF NATIONS(WILEY, 2018-02)Abstract This paper reviews the recent (post‐2000) literature that assesses the importance of institutions as a factor determining cross‐country differences in growth rates or in the contemporary level of “prosperity.” It first sketches how institutional economics has evolved. It then examines critically the methods of analysis employed in the recent literature. The paper finds that this literature has made a major contribution to the analysis of the causes of economic growth but the relative importance of institutions as a determinant of long‐run growth and prosperity is still a wide open question.
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ItemThe First 100 Years of Tariffs in Australia: the Colonies(WILEY, 2017-11)This paper reviews the history of tariffs imposed by the six Australian colonies during the nineteenth century. In each of the colonies, we identify the starting dates for the first tariffs, first preferences, and other features, and the turning points in the levels of tariffs. We then construct a time series of the average tariff levels in the individual colonies and an average for all six colonies combined. The conclusion notes general features of the pattern of tariffs and how the main features of colonial tariffs, such as the favourable treatment of intermediate inputs, the complex differentiation of tariff rates within industries, and the protection implicit in the excise tax system all carried over to the Commonwealth Customs Tariff in the twentieth century.
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ItemA History of the Global Economy(Wiley, 2019-11-28)This is a history of the global economy, starting with the appearance of Homo sapiens and ending with the 21st century with a final chapter that attempts to look into the future. It belongs to the new genre of histories of the human species or H. sapiens from the time the species emerged: other recent examples are the books by Blainey (2000), Harari (2014) and Rutherford (2016).1 The book by White differs from the others in that it uses the concepts and tools of the discipline of economic history to enlighten our understanding of the history of global economic activity. I shall use my understanding of growth economics and the analysis of globalization to evaluate what the discipline of economic history adds to our understanding of global history.
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ItemNo Preview AvailableModelling the Spread of the Coronavirus: A View from Economics(Wiley, 2021-01-27)This article reviews the modelling of the spread in Australia of COVID‐19 from the point of view of the discipline of Economics. After a brief overview of the epidemiological approach, we show that other modelling is needed for policy purposes and especially to provide a full understanding of the economic and social costs of disease control. We look at microeconomic aspects of infection, focusing on individual behaviour, the choices facing the individual and implications for policy. The use of a cost–benefit approach and macroeconomic aspects of the pandemic are examined together with the economic consequences of policy response.
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ItemBig Economic History(Wiley, 2021-03-01)This paper reviews the history of human economic activity from the time Homo sapiens appeared to the present. The first aim is to provide a coherent narrative of the economic history of this period. The second aim is to quantify economic activities where time series data is available and to use economic theory to explain the trends and turning points. It examines the history of three central time series – the aggregate human population, output per capita and human-induced species extinctions. It concludes with some brief observations on the contribution of Big Economic History to Big Human History.
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ItemShould We Tax Sugar and If So How?(Wiley, 2019-03)This article reviews empirical studies of proposals to tax sugary products in Australia. A corrective tax must be designed carefully if it is to increase national welfare. There is an underlying problem in designing such a tax because consumers are heterogeneous. The best choice of goods to be taxed is the group of sugar-sweetened-beverages, the best tax base is the sugar content and the best tax form is a progressive specific tax with two or more levels. We recommend initial rates that are equal to those of the UK tax on SSBs.
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ItemAnti-dumping and competition law(Springer Science+Business Media, 2005)
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ItemWhat is a Single Market? An Application to the Case of ASEAN(Institute of Southeast Asian Studies, 2007)
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ItemWelfare-Based and Trade-based Indicators of National Distortions(Palgrave Macmillan, 2009)