Economic RecordPub Date : 2026-03-17Epub Date: 2025-12-17DOI: 10.1111/1475-4932.70024
Shuhrat Yarashov, Nadezhda V. Baryshnikova, Jakhongir Kakhkharov
{"title":"The Impact of Social Protection Expenditure on Poverty and Inequality in High- and Middle-Income Countries","authors":"Shuhrat Yarashov, Nadezhda V. Baryshnikova, Jakhongir Kakhkharov","doi":"10.1111/1475-4932.70024","DOIUrl":"https://doi.org/10.1111/1475-4932.70024","url":null,"abstract":"<p>This study evaluates the effectiveness of social protection spending in reducing poverty and inequality across high- and middle-income economies, offering direct insights for policy-makers aiming to enhance equity outcomes. Specifically, it examines how such expenditures influence three key indicators: the headcount poverty rate, the Gini coefficient and the income share of the lowest decile. Drawing on a panel dataset of 74 countries spanning 1991–2021, we employ panel econometric techniques (e.g. GMM, 2SLS and Quantile regression) to evaluate the impact of social spending. Our results indicate that in high-income countries, increased social protection spending is strongly associated with reductions in both poverty and inequality. By contrast, although this type of spending in middle-income countries similarly reduces poverty, it paradoxically appears to diminish the income share of the lowest earners. Further analysis suggests that the interplay of corruption and e-governance practices underlies these divergent outcomes, highlighting the importance of resilient governance in enhancing the equity effects of social policies. These findings suggest that effective public policies, especially with regard to income redistribution, should integrate anti-corruption measures and e-governance improvements alongside social protection spending to achieve sustained poverty reduction and equitable growth.</p>","PeriodicalId":47484,"journal":{"name":"Economic Record","volume":"102 336","pages":"99-137"},"PeriodicalIF":1.2,"publicationDate":"2026-03-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"147566390","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Economic RecordPub Date : 2026-03-17Epub Date: 2025-11-18DOI: 10.1111/1475-4932.70022
Steve Robson
{"title":"The Economics and Psychology of Happiness, by Lok Sang Ho (Routledge, London, 2025), 215 pages","authors":"Steve Robson","doi":"10.1111/1475-4932.70022","DOIUrl":"https://doi.org/10.1111/1475-4932.70022","url":null,"abstract":"","PeriodicalId":47484,"journal":{"name":"Economic Record","volume":"102 336","pages":"150-153"},"PeriodicalIF":1.2,"publicationDate":"2026-03-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"147566868","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Economic RecordPub Date : 2026-03-17Epub Date: 2025-11-16DOI: 10.1111/1475-4932.70020
Sasan Bakhtiari
{"title":"Centrality of Government to Innovation in Australia: A Social Networking Analysis*","authors":"Sasan Bakhtiari","doi":"10.1111/1475-4932.70020","DOIUrl":"https://doi.org/10.1111/1475-4932.70020","url":null,"abstract":"<p>Using a social networking approach, this study explores how government innovation collaborations, or lack thereof, might be behind the tepid productivity and innovation performance of Australian businesses. I use patent data to construct the network. The government has been very central to this network. However, since 2000, the centrality of government has declined. Using exponential random graph models, I can show that the drop in government centrality is primarily due to a narrowing down of government's focus to a smaller set of technologies and a drop in business collaborations, somewhat balanced by increasing foreign collaborations. This shift appears to be associated with changes in business innovation in Australia, where I detect a drop in the scope of patents lodged by businesses in tandem with declining government centrality. The lessons learned have important implications for policies aimed at enhancing basic innovation and promoting long-term productivity growth.</p>","PeriodicalId":47484,"journal":{"name":"Economic Record","volume":"102 336","pages":"72-98"},"PeriodicalIF":1.2,"publicationDate":"2026-03-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"147566418","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Economic RecordPub Date : 2026-03-17Epub Date: 2025-12-29DOI: 10.1111/1475-4932.70026
Kentaro Tomoeda
{"title":"Mighty Microeconomics: A Guide to Thinking Like an Economist, by Michihiro Kandori (Cambridge University Press, Cambridge, 2023), 434 pages + xviii front matter","authors":"Kentaro Tomoeda","doi":"10.1111/1475-4932.70026","DOIUrl":"https://doi.org/10.1111/1475-4932.70026","url":null,"abstract":"","PeriodicalId":47484,"journal":{"name":"Economic Record","volume":"102 336","pages":"156-157"},"PeriodicalIF":1.2,"publicationDate":"2026-03-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"147570049","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Economic RecordPub Date : 2025-11-18DOI: 10.1111/1475-4932.70019
Amara Atif, José M. Merigó, Anna M. Gil-Lafuente, Finn Kydland, Lluis Amiguet, Timo Henckel
{"title":"Centennial Anniversary of the Economic Record: A Bibliometric Retrospective*","authors":"Amara Atif, José M. Merigó, Anna M. Gil-Lafuente, Finn Kydland, Lluis Amiguet, Timo Henckel","doi":"10.1111/1475-4932.70019","DOIUrl":"https://doi.org/10.1111/1475-4932.70019","url":null,"abstract":"<p><i>The Economic Record</i> is a leading scholarly journal in economics, with a particular focus on issues of national and international policy relevance. Established in 1925, the journal has played a central role in advancing economic research in Australia and beyond. To commemorate its 100th anniversary in 2025, this study provides a comprehensive bibliometric analysis of its publication and citation landscape. Drawing on all publications indexed in the Scopus database (1925–2024) and the Web of Science Core Collection (1966–2024), this paper examines highly cited documents, prolific authors, institutions and countries of origin, and evolving research themes. A suite of bibliometric techniques including co-citation, bibliographic coupling, and keyword co-occurrence was employed using VOSviewer and <i>bibliometrix</i>. The findings highlight the journal's deep and evolving contributions to fields such as labour economics, macroeconomic modelling, and public policy, with particularly strong participation from institutions in Australia, the United Kingdom, and the United States. The journal's growth and global engagement over recent decades underscore its status as a vital platform for applied economic research.</p>","PeriodicalId":47484,"journal":{"name":"Economic Record","volume":"101 335","pages":"547-597"},"PeriodicalIF":1.2,"publicationDate":"2025-11-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145719741","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Economic RecordPub Date : 2025-10-09DOI: 10.1111/1475-4932.70012
Leonora Risse
{"title":"By How Much Is ‘Women's Work’ Undervalued in the Economy?*","authors":"Leonora Risse","doi":"10.1111/1475-4932.70012","DOIUrl":"https://doi.org/10.1111/1475-4932.70012","url":null,"abstract":"<p>This paper investigates the extent to which ‘women's work’ – that is, work that societal norms assign to women – is systematically undervalued in the economy. Analysis of 2021 data for Australia detects that average hourly wage rates are 9.9 per cent lower in female-concentrated occupations compared with male-concentrated occupations, and 3.8 per cent lower in female-concentrated industries compared with male-concentrated industries. Looking at unpaid work that is invisible in national accounts, analysis of time use data finds that 55 per cent of women's labour contribution to the economy is in the form of unpaid work and care, compared with 31 per cent of men's. Adding unpaid work and care to paid work, and adjusting for the undervaluation of female-concentrated jobs and the male wage premium, sees women's share of total labour input expand from 36.8 per cent to 50.5 per cent. These findings are informative across a range of practical applications, including equitable wage settings, the division of household assets, and measurements of productivity. The relegation of this topic of inquiry as a specialist ‘feminist issue’ constitutes a structural gender bias within the economics discipline: ‘women's work’ needs to be fully recognised and valued as a core component of the economy.</p>","PeriodicalId":47484,"journal":{"name":"Economic Record","volume":"101 335","pages":"421-455"},"PeriodicalIF":1.2,"publicationDate":"2025-10-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/1475-4932.70012","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145719576","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Economic RecordPub Date : 2025-09-03DOI: 10.1111/1475-4932.70011
R. Quentin Grafton
{"title":"Controlling Contagion: Epidemics and Institutions from the Black Death to COVID, by Sheilagh Ogilvie (Canberra, Australia: Princeton University Press, 2025), 526 pp. (hardcover)","authors":"R. Quentin Grafton","doi":"10.1111/1475-4932.70011","DOIUrl":"https://doi.org/10.1111/1475-4932.70011","url":null,"abstract":"","PeriodicalId":47484,"journal":{"name":"Economic Record","volume":"101 335","pages":"603-605"},"PeriodicalIF":1.2,"publicationDate":"2025-09-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145719461","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Economic RecordPub Date : 2025-09-03DOI: 10.1111/1475-4932.70009
Steve Robson
{"title":"Capitalism, Health and Wellbeing: Rethinking Economic Growth for a Healthier, Sustainable Future, by Rob Noonan (Emerald Publishing, London, 2024), 191 pages","authors":"Steve Robson","doi":"10.1111/1475-4932.70009","DOIUrl":"https://doi.org/10.1111/1475-4932.70009","url":null,"abstract":"","PeriodicalId":47484,"journal":{"name":"Economic Record","volume":"101 335","pages":"616-619"},"PeriodicalIF":1.2,"publicationDate":"2025-09-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145719462","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Economic RecordPub Date : 2025-09-01DOI: 10.1111/1475-4932.70008
Jaehee Choi
{"title":"The Unequal Effects of Globalization, by Pinelopi Koujianou Goldberg and Greg Larson (The MIT Press, Cambridge, MA, 2023), 130 pp.","authors":"Jaehee Choi","doi":"10.1111/1475-4932.70008","DOIUrl":"https://doi.org/10.1111/1475-4932.70008","url":null,"abstract":"","PeriodicalId":47484,"journal":{"name":"Economic Record","volume":"101 335","pages":"614-615"},"PeriodicalIF":1.2,"publicationDate":"2025-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145719360","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}