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Articles 1 - 7 of 7
Full-Text Articles in Social and Behavioral Sciences
The Corporate Agenda For Environmental Property Rights, Sharon Beder
The Corporate Agenda For Environmental Property Rights, Sharon Beder
Faculty of Arts - Papers (Archive)
Market and property-rights based approaches to environmental problems have been heavily promoted by conservative think tanks. Consequently policies such as emissions trading, water markets, tradeable fishing quotas and conservation banking pervade environmental policy in English speaking nations. They have enabled the corporate neo-liberal agenda of deregulation, privatisation and an unconstrained market to be dressed up as an environmental virtue. This market-faith based approach is proving to be largely ineffective at protecting the environment and also inequitable.
A Model Of Inflation For Sri Lanka, Arusha V. Cooray
A Model Of Inflation For Sri Lanka, Arusha V. Cooray
Faculty of Commerce - Papers (Archive)
This paper uses two models: an open economy model and a closed economy model to estimate a price equation for Sri Lanka. The results suggest greater support for the open economy model. Consistent with previous studies for Sri Lanka, supply side factors appear to be important in influencing the general price level in Sri Lanka.
Are Australia's Savings And Investment Fractionally Cointegrated?, Arusha V. Cooray, B. Felmingham
Are Australia's Savings And Investment Fractionally Cointegrated?, Arusha V. Cooray, B. Felmingham
Faculty of Commerce - Papers (Archive)
This paper uses an Autoregressive Fractionally Integrated Moving Average (ARFIMA) process to determine if Australia’s savings and investment are fractionally cointegrated. The study finds the two series to be fractionally cointegrated implying that deviations from equilibrium are persistent.
Market Mechanisms, Ecological Sustainability And Social Equity, Sharon Beder
Market Mechanisms, Ecological Sustainability And Social Equity, Sharon Beder
Faculty of Arts - Papers (Archive)
In most cases the use of market mechanisms to protect the environment aim to maximise economic efficiency rather than environmental effectiveness or equity. The use of emissions trading to reduce greenhouse gases in the atmosphere is used as a case study to demonstrate this.
The Efficiency Of Emerging Stock Markets: Empirical Evidence From The South Asian Region, Arusha V. Cooray, G. Wickramasighe
The Efficiency Of Emerging Stock Markets: Empirical Evidence From The South Asian Region, Arusha V. Cooray, G. Wickramasighe
Faculty of Commerce - Papers (Archive)
This paper examines the efficiency in the stock markets of India, Sri Lanka, Pakistan and Bangladesh. The Augmented Dickey Fuller (ADF-1979, 1981), the Phillips-Perron (PP-1988), the Dicky-Fuller Generalized Least Square (DF-GLS-1996) and Elliot-Rothenberg-Stock (ERS – 1996) tests are used to examine weak form stock market efficiency. Weak form efficiency is supported by the classical unit root tests. However, it is not strongly supported for Bangladesh under the DF-GLS and ERS tests. Cointegration and Granger causality tests are used to examine semi-strong form efficiency. Semi-strong form efficiency is not supported as these tests indicate a high degree of interdependence among the …
Accounting For Housing Costs In Regional Income Comparisons, Peter M. Siminski, P. Saunders
Accounting For Housing Costs In Regional Income Comparisons, Peter M. Siminski, P. Saunders
Faculty of Commerce - Papers (Archive)
This paper discusses a series of methodological issues that arise when assessing regional differences in the propensity of households to be relatively poor, focusing specifically on whether it is better to base such comparisons on measures of income that are defined before or after deducting housing costs. It is argued on conceptual grounds relating to the factors that give rise to regional differences in housing costs, that an after-housing costs measure of income is preferable for some, but not all, regional analyses. It is also demonstrated that differences in housing costs are not always offset by differences in transport costs …
Export Expansion And The Choice Of Export Mode - Is There Evidence Of Switching Over Time?, Ann Hodgkinson
Export Expansion And The Choice Of Export Mode - Is There Evidence Of Switching Over Time?, Ann Hodgkinson
Faculty of Commerce - Papers (Archive)
Stage theory argues that firms expand exports incrementally and, in the process, pass through a series of increasingly more resource intensive export channels. This paper tests this hypothesis for NSW regional exporters in the period 1996/97 to2000/01. Consistent with other studies, we found general support for incremental export expansion, and that firms added more sophisticated export modes as commitment increased. However, they did not discard earlier modes in this process. One major contradiction to stage theory lay with ‘born global’ firms, which move immediately tohigh export ratios. A second more unexpected one lay with long term, intensiveexporters, which persisted in …