The Economics Working Paper Series is a publishing program of the Economics Discipline in the School of Economics and Information Systems to present work-in-progress by staff, visitors and students to a wider academic audience. The Series is currently edited by Dr Elias Sanidas. Papers submitted to the Series have undergone a process of peer review. Papers published prior to 1998 are available only in printed form. Papers from 1998 onwards are available online in PDF format from the School site here as well as from Research Papers in Economics (RePEc) and EconPapers.
Working Paper Series Contact: Dr Elias Sanidas, 4421 5351. email:
Papers from 2009
The financial sector and economic growth, A. Cooray
Regulating financial innovations without apology, E. Pol
Papers from 2008
Exploring student engagement for Generation Y: a pilot in Environmental Economics, A. Hodgkinson and A. Percy
Environmental Concern and Rational Production, Consumption and Rehabilitation, A. Levy
Ramsey with Environmental Awareness, A. Levy
Technical efficiency in Botswana’s financial institutions: a DEA approach, B. Moffat and A. Valadkhani
Identifying productivity change in Botswana’s financial institutions: an application of Malmquist productivity indices, B. Moffat, A. Valadkhani, and C. Harvie
The Australian Labour Market in 2007, M. O'Brien, A. Valadkhani, and K. Townsend
An Empirical Analysis of Sustainability of Trade Deficit:Evidence from Sri Lanka, N. Perera and R. Verma
Travail to No Avail? Working Poverty in Australia, D. Robson and J. R. Rodgers
Changes in Poverty Rates During the Howard Era, J. R. Rodgers, P. Siminski, and J. Bishop
Do Government Benefits for High Income Retirees Encourage Saving?, P. Siminski
The Recipient Value and Distributional Impact of the Commonwealth Seniors Health Card in 2007, P. Siminski
What Would the Average Public Sector Employee be Paid in the Private Sector?, P. Siminski
Identifying the Most Research Intensive Faculties of Business in Australia: A Multidimensional Approach, A. Valadkhani and S. Ville
Social Innovation: Buzz Word Or Enduring Term?, S. Ville and E. Pol
Papers from 2007
An Empirical Analysis of the Thai and Major International Stock Markets, S. Chancharat and A. Valadkhani
Testing for the Random Walk Hypothesis and Structural Breaks in International Stock Prices, S. Chancharat and A. Valadkhani
Are The Real Exchange Rate Indices of Australia Non-Stationary in the Presence of Structural Break?, K. Chowdhury
Balassa-Samuelson Effect Approaching Fifty Years: Is it Retiring Early in Australia?, K. Chowdhury
Pair-Wise Output Convergence in East Asia and the Pacific: An Application of Stochastic Unit Root Test, K. Chowdhury and G. Mallik
Testing the Keynesian Proposition of Twin Deficits in the Presence of Trade Liberalisation: Evidence from Sri Lanka, K. Chowdhury and A. S. Saleh
Composition of Trade between Australia and Latin America: Gravity Model, M. Cortes
Lebanon’s Fiscal Crisis and Economic Reconstruction after War: the case of a bridge too far?, C. Harvie and A. S. Saleh
An initial push for successful transition from import substitution to export-orientation in Taiwan and China: The FDI-led hypothesis, K. Jayanthakumaran and S. W. Lee
A Mean-Variance Portfolio Analysis of the Demand and Supply of a Potentially Infectious Service, A. Levy
A theoretical analysis of rational diet of healthy and junk foods, A. Levy
Wealth, Social Capital and Happiness: The Case of Status Sensitive People, A. Levy
Optimal Control of Locusts in Subsistence Farming Areas, A. Levy and M. R. Caputo
New Developments in the Australian Labour Market in 2006, M. O'Brien, A. Valadkhani, P. Waring, and R. Denniss
An Appreciative Model of Schumpeterian Evolution, E. Pol
Statistically Significant Changes in the Poverty-Rate, 1997-98 to 2002-03, J. R. Rodgers
The Determinants of Price in Online Auctions: More Evidence from Quantile Regression, C. H. Sun and M. F. Hsu
Macroeconometric Modelling in an Oil Exporting Country: The Case of Iran, A. Valadkhani
A Disciplinary Analysis of the PhD Completions in Australian Universities, A. Valadkhani and S. Ville
Papers from 2006
Sources of Economic Growth in South Korea: An Application of the ARDL Analysis in the Presence of Structural Breaks – 1980-2005, C. Harvie and M. Pahlavani
Testing for Structural Breaks in the Korean Economy 1980-2005: An Application of the Innovational Outlier and the Additive Outlier Models, C. Harvie and M. Pahlavani
Identifying Structural Breaks in the Lebanese Economy 1970-2003: An Application of the Zivot and Andrews Test, C. Harvie, M. Pahlavani, and A. S. Saleh
Australia and New Zealand CER Agreement and Breakpoints in Bilateral Trade: An Application of the Wald-type Test, K. Jayanthakumaran and M. Pahlavani
Structural Breaks in Trade and Income Per Capita in ASEAN-5 Countries: An Application of Innovational Outlier Models, K. Jayanthakumaran and M. Pahlavani
A Theory of Relative Deprivation and Myopic Addiction, A. Levy
Junk Food, Health and Productivity: Taste, Price, Risk and Rationality, A. Levy
Optimal Control of Locusts in Subsistence Farming Areas, A. Levy
Partnership with Partial Commitment, A. Levy
Depression and Substance Abuse: A Rationalization of a Vicious Cycle, A. Levy and J. R. Faria
Revisiting Budget and Trade Deficits in Lebanon: A Critique, H. Marashdeh and A. S. Saleh
The Social Capital Experience of International Students in Australia: The Wollongong Experience, F. Neri and S. Ville
The Youth Labour Market in Australia – Implications From Work Choices Legislation, M. O'Brien
Innovation in Small and Medium-Sized Enterprises: A Study of Businesses in New South Wales, Australia, J. Olsen, B. C. Lee, and A. Hodgkinson
Chronic and Transitory Poverty in Australia 2001-2004, J. R. Rodgers and J. L. Rodgers
SME Development in Malaysia: Domestic and Global Challenges, A. S. Saleh and N. O. Ndubisi
Islamic Banking Performance in the Middle East: A Case Study of Jordan, A. S. Saleh and R. Zeitun
The Huddle/Tangle Hypothesis of Regional Integration: The Case of the European Union and Its Enlargement, E. Sanidas
The Consequences of Trade Liberalisation on the Australian Passenger Motor Vehicle Industry, E. Sanidas and K. Jayanthakumaran
Labour Productivity in Iran, A. Valadkhani
Unemployment Conundrum in Iran, A. Valadkhani
What Determines the Demand for Money in the Asian-Pacific Countries? An Empirical Panel Investigation, A. Valadkhani
The Interplay Between the Thai And Several Other International Stock Markets, A. Valadkhani, S. Chancharat, and C. Harvie
Modelling the Research Output of Australian Universities by Discipline, A. Valadkhani and S. Ville
The Equity Premium Puzzle: Australia and the United States in Comparative Perspective, S. Ville
A New Macroeconomic Time Series: Business Profitability in Twentieth-Century Australia, S. Ville and D. Merrett
Papers from 2005
Korea’s Fading Economic Miracle 1990-97, C. Harvie and H. H. Lee
Assessing the Impact of the Workplace Relations Act From 1996 to 2004: Increasing Flexibility or Decreasing Collectivism?, A. Hodgkinson and R. Markey
The Impact of Unilateral and Regional Trade Liberalisation on the Intra-ASEAN 5 Founding Nations’ Exports and Export-GDP Nexus, K. Jayanthakumaran and E. Sanidas
Health-Risking Informal Service: Price, Prevalence and Law Enforcement, A. Levy
Do Students Benefit From Supplemental Education? Evidence From a First-Year Statistics Subject in Economics and Business, D. Lewis, M. O'Brien, S. Rogan, and B. Shorten
Stock Market Integration in the MENA Region: An Application of the ARDL Bounds Testing Approach, H. Marashdeh
Structural Changes in the Middle East Stock Markets: The Case of Israel and Arab Countries, H. Marashdeh and E. J. Wilson
Older Male Workers and Job Mobility in Australia, M. O'Brien
Analysing the Trade-GDP Nexus in Iran: A Bounds Testing Approach, M. Pahlavani
Testing for Structural Breaks in Australia’s Monetary Aggregates and Interest Rates: An Application of the Innovational Outlier and Additive Outlier Models, M. Pahlavani, A. Valadkhani, and A. Worthington
Structural Changes in the Iranian Economy: An Empirical Analysis with Endogenously Determined Breaks, M. Pahlavani, E. Wilson, and A. Valadkhani
The Double Paradox of Elementary Economics Education, E. Pol and P. Carroll
Ranking of Australian Economics Departments Based on Their Total and Per Academic Staff Research Output, Joan R. Rodgers and A. Valadkhani
Export Performance and Destination Characteristics of Irish Manufacturing Industry, F. Ruane and J. Sutherland
ARDL Modelling Approach to Testing the Financial Liberalisation Hypothesis, M. B. Shrestha and K. Chowdhury
A Sequential Procedure for Testing Unit Roots in the Presence of Structural Break in Time Series Data, M. B. Shrestha and K. Chowdhury
Macroeconometric Modelling: Approaches and Experiences in Developing Countries, A. Valadkhani
Pre- and Post-Dynamic GST Effects on Goods and Services Included in the CPI Basket, A. Valadkhani
Which Industries Create More Employment? A Cross-Country Analysis, A. Valadkhani
Export Price Volatility in Australia: An Application of ARCH and GARCH Models, A. Valadkhani, A. P. Layton, and N. D. Karunaratne
Multiple Structural Breaks in Australia’s Macroeconomic Data: An Application of The Lumsdaine and Papell Test, A. Valadkhani, A. P. Layton, and M. Pahlavani
An Analysis of the Output and Conversion Matrices of Australia’s Economy, A. Valadkhani and T. Robinson
Ranking and Clustering Australian University Research Performance, 1998-2002, A. Valadkhani and A. Worthington
A Multivariate Analysis of Savings, Investment and Growth in India, R. Verma and E. J. Wilson
Savings, Investment, Foreign Inflows and Economic Growth of the Indian Economy 1950-2001, R. Verma and E. J. Wilson
The Distribution of Research Performance Across Australian Universities, 1992-2003, And Its Implications For Higher Education Funding Models, S. Ville, A. Valadkhani, and M. O'Brien
Catastrophic Shocks and Capital Markets: A Comparative Analysis by Disaster and Sector, A. Worthington and A. Valadkhani
Papers from 2004
Convergence of Per Capita GDP Across SAARC Countries, K. Chowdhury
Deficit Financing in LDCs: Evidence From South Asia, K. Chowdhury
East Asian SME Capacity Building, Competitiveness and Market Opportunities in a Global Economy, C. Harvie
Regional Economic and Monetary Integration: A Modelling and Policy Analysis, C. Harvie
