Economic RecordPub Date : 2024-05-25DOI: 10.1111/1475-4932.12814
Wannaphong Durongkaveroj
{"title":"The Future of the Factory: How Megatrends are Changing Industrialization, by Jostein Hauge (Oxford University Press, Oxford, 2023), pp. 240","authors":"Wannaphong Durongkaveroj","doi":"10.1111/1475-4932.12814","DOIUrl":"10.1111/1475-4932.12814","url":null,"abstract":"","PeriodicalId":47484,"journal":{"name":"Economic Record","volume":"100 331","pages":"571-573"},"PeriodicalIF":1.1,"publicationDate":"2024-05-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141153268","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 : 2024-05-21DOI: 10.1111/1475-4932.12800
Peter B. Dixon, Maureen T. Rimmer
{"title":"A DSGE Consumption Function in a CGE Model: Parameter Estimation by CGE Simulation*","authors":"Peter B. Dixon, Maureen T. Rimmer","doi":"10.1111/1475-4932.12800","DOIUrl":"10.1111/1475-4932.12800","url":null,"abstract":"<p>DSGE models incorporate attractive theoretical specifications of the behaviour of forward-looking consumers facing an uncertain future. Central to these specifications is the idea that consuming agents decide their consumption level in year <i>t</i> by applying a function (policy rule) whose arguments represent information available in year <i>t</i>. Using the insight that, under certain conditions, the policy rule (but not the resulting policy) is invariant through time, DSGE modellers have developed the perturbation and other methods for quantitatively specifying policy rules. They have applied these methods in models with limited sectoral disaggregation. In this paper we adapt the perturbation method so that it can be used to specify a policy rule for consumption in a full-scale CGE model. A novel feature of our method is the use of specially constructed CGE simulations to reveal key parameters used in deriving the policy rule. We apply our method in illustrative simulations of the effects of a technology shock in a 70-sector version of the USAGE model of the US economy.</p>","PeriodicalId":47484,"journal":{"name":"Economic Record","volume":"100 330","pages":"317-342"},"PeriodicalIF":1.1,"publicationDate":"2024-05-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/1475-4932.12800","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141117088","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 : 2024-05-07DOI: 10.1111/1475-4932.12809
Sefa Awaworyi Churchill, Russell Smyth
{"title":"Locus of Control, Social Capital and Transport Poverty†*","authors":"Sefa Awaworyi Churchill, Russell Smyth","doi":"10.1111/1475-4932.12809","DOIUrl":"10.1111/1475-4932.12809","url":null,"abstract":"<p>Transport poverty is a major public policy issue in many countries. However, evidence on the factors that influence transport poverty is relatively scant. We contribute to the debate on the factors that influence transport poverty by being the first to examine how locus of control (LoC) influences transport poverty. Using 15 waves of panel data from the Household, Income and Labour Dynamics in Australia Survey, we find evidence to suggest that LoC influences transport poverty. Specifically, we find that being more internal on LoC is associated with a lower probability of being transport poor. This finding is robust to a suite of sensitivity and robustness checks, including different constructs of transport poverty, alternative measures of LoC, the use of an out-of-sample supplementary dataset and different estimation approaches. We find that social capital is an important factor that mediates the relationship between LoC and transport poverty.</p>","PeriodicalId":47484,"journal":{"name":"Economic Record","volume":"100 330","pages":"283-316"},"PeriodicalIF":1.1,"publicationDate":"2024-05-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/1475-4932.12809","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140928730","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 : 2024-05-07DOI: 10.1111/1475-4932.12810
Simon Ville
{"title":"The Shortest History of Economics by Andrew Leigh (Black Inc., Collingwood, Vic., 2024), pp. vi+228","authors":"Simon Ville","doi":"10.1111/1475-4932.12810","DOIUrl":"10.1111/1475-4932.12810","url":null,"abstract":"","PeriodicalId":47484,"journal":{"name":"Economic Record","volume":"100 330","pages":"424-426"},"PeriodicalIF":1.1,"publicationDate":"2024-05-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140928679","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 : 2024-05-02DOI: 10.1111/1475-4932.12808
Steven G. M. Schilizzi
{"title":"Climate Future: Averting and Adapting to Climate Change, by Robert S. Pindyck (Oxford University Press, 2022), 230 pages + xvi front matter, doi: https://doi.org/10.1093/oso/9780197647349.001.0001. ISBN (hardback): 9780197647349, ISBN (epub): 9780197647363.","authors":"Steven G. M. Schilizzi","doi":"10.1111/1475-4932.12808","DOIUrl":"10.1111/1475-4932.12808","url":null,"abstract":"","PeriodicalId":47484,"journal":{"name":"Economic Record","volume":"100 330","pages":"423-424"},"PeriodicalIF":1.1,"publicationDate":"2024-05-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140835762","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 : 2024-04-22DOI: 10.1111/1475-4932.12805
Opoku Adabor
{"title":"How Does Transport-Related Deprivation Reduce Hours of Work in Australia?1","authors":"Opoku Adabor","doi":"10.1111/1475-4932.12805","DOIUrl":"10.1111/1475-4932.12805","url":null,"abstract":"<p>In this study, we examine the effect of transport-related deprivation on hours of work using 17 waves of longitudinal data from the Household, Income and Labour Dynamics in Australia. We measure transport-related deprivation using indicators that reflect transport accessibility and affordability. The overall finding indicates that transport-related deprivation reduces hours of work. This outcome is more pronounced for public transport than private transport, and consistent across instrumental variable techniques, an alternative fixed effect model, and heterogeneity analysis. Further analysis reveals that the hours of work-reducing effect of transport-related deprivation is transmitted through time spent travelling to work.</p>","PeriodicalId":47484,"journal":{"name":"Economic Record","volume":"100 331","pages":"441-461"},"PeriodicalIF":1.1,"publicationDate":"2024-04-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/1475-4932.12805","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140672910","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 : 2024-04-15DOI: 10.1111/1475-4932.12807
Anthony Scott
{"title":"Why Not Better and Cheaper? Healthcare and Innovation, by James B. Rebitzer and Robert S. Rebitzer (New York: Oxford University Press, 2023), pp. 183.","authors":"Anthony Scott","doi":"10.1111/1475-4932.12807","DOIUrl":"10.1111/1475-4932.12807","url":null,"abstract":"","PeriodicalId":47484,"journal":{"name":"Economic Record","volume":"100 330","pages":"421-422"},"PeriodicalIF":1.1,"publicationDate":"2024-04-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140592011","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 : 2024-04-14DOI: 10.1111/1475-4932.12802
Cameron Gordon
{"title":"Structuralist and Behavioural Macroeconomics, by Peter Skott (Cambridge University Press, Cambridge, 2023), pp. xii+384","authors":"Cameron Gordon","doi":"10.1111/1475-4932.12802","DOIUrl":"10.1111/1475-4932.12802","url":null,"abstract":"","PeriodicalId":47484,"journal":{"name":"Economic Record","volume":"100 329","pages":"278-279"},"PeriodicalIF":1.2,"publicationDate":"2024-04-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140592097","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 : 2024-04-14DOI: 10.1111/1475-4932.12806
Ben Phillips
{"title":"Tax and Transfer Policy Using Behavioural Microsimulation Modelling: Design and Evaluation, by John Creedy and Penny Mok (Edward Elgar Publishing, Cheltenham, 2022), pp. 236.","authors":"Ben Phillips","doi":"10.1111/1475-4932.12806","DOIUrl":"10.1111/1475-4932.12806","url":null,"abstract":"","PeriodicalId":47484,"journal":{"name":"Economic Record","volume":"100 329","pages":"276-278"},"PeriodicalIF":1.2,"publicationDate":"2024-04-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140592093","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 : 2024-04-11DOI: 10.1111/1475-4932.12804
Aldi Aldi, Indraswati Tri Abdireviane
{"title":"Asia Alone: The Dangerous Post-Crisis Divide from America, by Simon S. C. Tay (Wiley, Singapore, 2010)","authors":"Aldi Aldi, Indraswati Tri Abdireviane","doi":"10.1111/1475-4932.12804","DOIUrl":"10.1111/1475-4932.12804","url":null,"abstract":"","PeriodicalId":47484,"journal":{"name":"Economic Record","volume":"100 330","pages":"419-421"},"PeriodicalIF":1.1,"publicationDate":"2024-04-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140592096","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}