INTRODUCTION
In 1980 the research activiiies of ihc Department of Economics were extensive and diverse, and spanned Ihc range of economic theory, applied economics, econometrics and industrial rela- tions. The major projects undertaken in the Industrial Economics Programme under the direction of Professor L. R. Webb made substantial progress towards publication and were assisted by an Emergency Research Grant. An ARGC grant supported ihc continued work of Dr J. P.
Nieuwenhuysen on the economics of thc accounting, medical and legal professions. A continua- tion of an ARGC grant enabled further research to be underlaken in thc international trade in agricultural commodities. Thc Australian Wool Corporation supported a new project on Ihc influence of weather on wool production. Both these agricultural projects have been underlaken jointly by the Department of Economics and ihc Institute for Applied Economic and Social Research.
RESEARCH TOPICS IN PROGRESS 1. Financial requirements of Australian industry—R. I I . Allan.
2. Australian money markets — R. I I . Allan.
3. Thc economics of cricket —R. H. Allan.
4. John Locke's system of political economy —A. Aspromourgos.
5. Leading indicators of Australian economic fluctuations since 1950— E. A. Boehm.
6. Australia's inflation since thc Second World War: causes and effects — E. A. Boehm. • 7. Problems of wage determination in Australia —E. A. Boehm.
8. Unions as employers: a sludy of employment in Australian white collar unions — L. G.
Cupper.
9. An analysis of sclf-inanagemenl in Australian employee owned/employee managed firms — L. G. Cupper.
10. Development of Keynes' thought from the Treatise to Ihe General Theory— R. J. Dixon.
11. Two-sector planning models—R. J. Dixon.
12. Relationship between uncertainly and power—R. J. Dixon.
13. Stock-adjustment approach lo savings behaviour—R. .1. Dixon.
14. Thc unification of union peak councils —G. D. Griffin.
15. Thc effects of technological change on employment and industrial relations in thc banking and insurance industries —G. D. Griffin.
16. Thc relationship between personal characteristics and industrial conflict —G. D. Griffin.
17. The economics of restrictive trade practices —A. W. Guniher.
18. Government policy towards foreign investment — A. W. Guniher.
19. The costs and benefits of importing technology —A. W. dumber.
20. Income distribution, poverty and the relationship between personal taxation and means testing—R. .1. A. Harper.
21. The tobacco industry and anli-smoking campaigns —A. Y. K. Hooi.
22. A comparative analysis of ihe gold standard 1890-1914 and Brclton Woods 1945-1973- J. I lorne.
23. Optimal exchange rale policy —J. Home.
24. The Australian devaluation 1976: a case study —J. Home.
25. Assessment methods for testing in economics—R. S. Jones.
26. Capital utilization in manufacturing industry with specific reference lo shifi working in Ihc U.K., U.S.A., Germany and Australia —A. Kan.
27. The history and development of Australian price indices —A. Kan 28. Technological change and the distribution of income —A. Kan.
29. Thc determination of wages and employment under various institutional arrangements — I. M . McDonald.
30. The macroeconomic implications of market power — I . M . McDonald.
31. An empirical investigation of ihc effects of monetary policy and unemployment benefits on unemployment — I . M . McDonald, J. Home.
32. Market theoretical frameworks —N. Moldofsky.
33. Macroeconomic management — N. Moldofsky.
34. Subjective aspecis of economics and their implications for laissez-faire economics — N. Moldofsky.
35. Wage indexation in Australia —J. P. Nieuwenhuysen.
36. The economic consequences of certain professions —J. P. Nieuwenhuysen, M . A. Williams- Wynn.
37. Supply and demand in ihe accountancy profession-J. P. Nieuwenhuysen, M . A. Williams- Wynn.
38. Labour market adjustment in the medical and legal professions —.1. P. Nieuwenhuysen, M. A. Willianis-Wynn.
ECONOMICS 73 39. Trade practices legislation in relation lo mergers, concentration and economic perfor-
mance—N. R. Norman.
40. Theory of economic regulation —N. R. Norman.
41. Theory of lax evasion and avoidance —N. R. Norman.
42. Resources boom, exchange rates and economic consequences —N. R. Norman.
43. Economic analysis of tariffs and trade policy—N. R. Norman.
44. The effect of government policies on the consumption-saving decision— S. Ouliaris.
45. Household saving and the rale of interest —S. Ouliaris.
46. Japan-Korea trade deficit; a structural analysis utilizing Japan-Korea combined input-output tables-U.-S. K. Park.
47. Australian resource developments and foreign participation —U.-S. K. Park.
48. Economic relationships between Britain and Australia —J. O. N. Perkins.
49. The use of macroeconomic policy to stop stagflation —J. O. N. Perkins.
50. A basic text on macro-economics —J. O. N. Perkins, R. S. Jones.
51. Price formation in the stamp market —J. E. Price.
52. Balance of payments theory and the establishment of an Australian foreign exchange market —J. H. Reeves.
53. Analysis of international trade in agricultural commodities —R. L. Smith.
54. Relationship between weather conditions and the quantity and quality of wool produced in Australia—R. L. Smith.
55. Thc monetary proposals of J. F. Darling —J. E. Sullivan.
56. U.K.-Australian financial relationships —J. E. Sullivan.
57. Australian financial structure and development —J. E. Sullivan, J. Home.
58. Editorial preparation of Industrial Economics: Australian Studies— L. R. Webb, R. H.
Allan.
59. Investment decision-making procedures in Australian firms— L. R. Webb, R. H. Allan, S.
Kasch.
60. Thc place of Industry and Trade in the economic analysis of Alfred Marshall —P. L.
Williams.
61. Measuring thc efficiency of non-profit organisations —P. I . . Williams.
62. The use of survey data in consumption analysis—R. A. Williams.
PUBLISHED WORK Books
1. HOCKING, R. D. (with FORSYTH, P. J.)-Economic EJjiciencv and the Regulation of Air Transport, CEDA, Melbourne, 27 pp (1980).
2. NIEUWENHUYSEN, J. P.-Aboriginal Land Rights and Industry, CEDA, Melbourne, 32 PP(1980).
3. NORMAN, N. R. (wilh DORFMAN, R. P.) —Prices and Markets in Australia: Theory and Applications, Prentice Hall, Sydney, x-t 238 (1980).
4. PARK, U.-S. K. — Ncw Trade Policies of China and Countermeasures by Korea, Korea In- ternational Economics Institute, Seoul, 231 pp (1980).
Chapters of Books
5. CUPPER, L. G. —Self-Management: The Dynavac Experience, in Democracy at the Workpluce, cd. R. D. Lansbury, Longman-Cheshire, Melbourne: 83-103 (1980).
6. CUPPER, L. G. —Legalism in the Australian Conciliation and Arbitration Commission:
The Gradual Transition, in Australian Labour Relations Readings, 3rd ed., eds. G. W. Ford, J. M . Hearn, and R. D. Lansbury, Sun Books, Melbourne: 409-441 (1980).
7. CUPPER, L. G. (with HEARN, J. M.)-Australian Unions Involvement in 'Non-Industrial' Issues: The Newport Dispute 1971-1978, in Australian Labour Relations Readings, 3rd ed., eds. G. W. Ford, J. M. Hearn and R. D. Lansbury, Sun Books, Melbourne: 50-77 (1980).
8. DIXON, R. J. — Economic Change in Papua New Guinea, in The Economy in Operation: 4, ed. J. Brown (et al.), V.C.T.A. Publishing, Melbourne: 137-141 (1980).
9. NORMAN, N. R. — Implications from the Australian Experience, in Current Innovation, ed.
Bengt-Arne Vedin, Almquist & Wiksell, Stockholm: 21-30 (1980).
10. PERKINS, J. O. N. —Finding thc Right Mix: I he Domestic Policy Problem, in Managing the Exchange Rate (Current Issues in Management scries) Sydney Universitv Press, Sydney:
62-68 (1980).
11. PERKINS, J. O. N. —Changing Economic Relations, in Australia and Britain: Studies in a Changing Relationship, eds. A. F. Madden and W. H . Morris-Jones, Sydney University Press, Sydney: 180-191 (1980).
12. WILLIAMS, R. A. —Australian Household Saving and Consumption in the Seventies: An Empirical Overview, in Conference in Applied Economic Research, 1979, ed. W. E. Norton, Reserve Bank of Australia, Sydney: 130-166 (1980).
13. WILLIAMS, R. A. (wilh DEFRIS, L. V.)-Ausiralian Inflationary Expectations and Their Influence on Consumption and Saving, in Business Cvcle Analysis, ed. W. H. Strigcl, Gower Publishing Company, Famborough: 359-383 (1980).'
Articles
14. CUPPER, L. G. - Unions and Youth: A Step in the Right Direction. J. of Ind. Relations, 22:
36-53 (1980).
15. CUPPER, L. Ci. —Public Funded Trade Union Education: The Australian Experience. Ind.
Relations Jnl., I I : 57-68 (1980).
16. CUPPER, L. G. —Recent Developments in Australian Trade Union Education. Labour Studies ./.. 5: 42-61 (1980).
17. CUPPER, L. G. — Cross-Currents in Australian Trade Unionism. N.Z. J. of Ind. Relations, 5: 13-27 (1980).
18. CUPPER, L. G. and HEARN, J. M. - Australian Trade Unions: Some Issues of the 1980's.
J. of Economics f o r Schools, 21: 9-20 (1980).
19. DIXON, R. J . - H y b r i d Corn Revisited. Econometrica, 48: 1451-1461 (1980).
20. GRIFFIN, G. D. (with HINCE, K. W.)-Co-ordination and Public Sector Industrial Rela- tions. Aust. Eco. Review, 4lh Quarter: 57-60 (1979).
21. HOCKING, R. D. — Trade in Motor Cars between the Major European Producers. Eco. J., 90: 504-519 (1980).
22. HOCKING, R. D. (with FORSYTH, P. J.) — Property Rights and Efficiency in a Regulated Environment: The Case of Australian Airlines. Eco. Record, 56: 182-185 (1980).
23. MeDONALD, 1. M . —On the Comparison of the Stability Implications of Marshallian and Walrasian Adjustment Schemes: Note. American Eco. Review, 70: 829-833 (1980).
24. NIEUWENHUYSEN, J. P. and WILLIAMS-WYNN, M . A.-Conveyancing: The Pitfalls of Monopoly Regulation Pricing. Aust. Eco. Review, 3rd Quarter: 29-35 (1980).
25. NORMAN, N. R. and GILCHRIST, R. R . - T h c Shorter Week-An Overview. Manage- ment Review, 5: 2-5 (1980).
26. NORMAN, N. R. —Should Industry Fear Resource Development? The Gregory Thesis and its Implications Reviewed. A.l.D.A. Bulletin, Sept.: 2-5 (1980).
27. NORMAN, N. R. —The Australian Economy in 1981. Management Review, Nov./Dec: 2-5 (1980)
28. PARK, U.-S. K. —Studies of the Disaggregated Australian Export Functions. J. Eco.
Development, 5: 91-115 (1980).
29. PARK, U.-S. K. —Export Competition Between and Comparative Advantages of Newly In- dustrializing Countries. International Management, I : (1980).
30. PERKINS, J. O. N. — Using the Macroeconomic Mix to Stop Stagflation. J. Eco. Studies, 7:
28-50 (1980).
31. SMITH, R. L. (with NIALL, D. J. and SMITH, A. W . ) - T h e International Wheat Market Since 1960. Rural Marketing and Policy, 10: 5-9 (1980).
32. WILLIAMS, R. A.— Structural Change and Private Consumption: Evidence from thc 1974-75 Household Expenditure Survey. Eco. Record, 56: 54-68 (1980).
33. WILLIAMS, R. A. and OULIARIS, S. - Inflation, Unemployment and the Pattern of Non- durable Consumption. Aust. Eco. Review, 51: 24-28 (1980).
Technical Report
34. NORMAN, N. R. — Small Business and Ihe Trade Practices Act. (Trading Practices Con- sultative Committee) A.G.P.S., Canberra (1980).
THESES PASSED FOR HIGHER DEGREES Master of Commerce
1. ASPROMOURGOS, A. —John Locke's system oj political economy.
2. McPHEE, J. M. — Industrial relations in ihe Australian pulp and paper industry 1947/8 to 1974/5.
3. RAWLINSON, M. J. — Labour turnover in the technician and equivalent trades ofthe Royal Australian Air Force: an economic analysis.
4. ROBERTS, J. H. — A comparative study of short term forecasting techniques used to plan a lelephone network.
THESES IN PROGRESS PhD Theses in Progress
1. BUTLER, G. J.— Demand for established dwellings, new dwellings and dwelling im- provements—an economic measurement and analysis of the housing adjustment process.
2. DOBSON, W. T. — The participation of Australian employer organizations in economic structural change and technological development.
i
i ECONOMICS 75 3. GRIFFIN, G. D.- White collar unionism in Australia: the growth of militancy.4. McGAVIN, P. A. — A history of the economic policies of the Whitlam government:
December 1972-November 1975.
5. MAHMOOD, M.— Jute and synthetics: a study of technical change and trade in the jute market.
6. PITMAN, D. B. H.— The concept of'work value' in Australian compulsory arbitration.
7. SAVAGE, B. A. — The provision of transport services in Australia —the interaction of public and private enterprise.
8. SCHUYERS, G. P.— An analysis of Australian energy resources.
9. STRICKER, P.—Analysis of flow processes in the Australian labour market.
10. TULPULE, A. H. — Factors affecting the supply of labour.
MCom Theses in Progress
11. ALDRED, K. J. — Scrutiny of public expenditure bv the Federal Parliament.
12. ARMSTRONG, L. A. - Industrial relations in the Australian Oil Industry 1969-1979.
13. BEVAN, M. — Case study of a union wage policy —an enquiry into the influence of trade union militancy on relative wages.
14. BYRNES, D. H. — The commercial bill market in Australia.
15. ENSLEY, R. G.-Some aspects of industrial relations in small manufacturing business firms.
16. HARRISON, A. W. — The statutory corporation in industrial relations.
17. JOHNS, R. P. —An examination and evaluation of the major factors causing longer term variations in private capital expenditure on new housing in Australia from 1948-1949 to the present and an assessment of the analysis for the future private capital expenditure on new housing.
18. MAHLER, F. W. - The developing countries: A case for the development of the traditional economics organization.
19. MELOTTE, Y. Wl. —Urban development in Victoria: problems and possibilities.
20. OULIARIS, S. — The effect of government policies on Ihe consumption-saving decision.
21. ROWE, B. A. — The oil industry in Fiji—1958-1978: an analytical industrial relations study.
22. STARK, P. N . - T h e influence ol" technology on labour in I.C.I. Australia Operations Pty Ltd.
23. TOME, J. A. — Industrial relations and technological change: a comparative study of the metropolitan daily newspaper industry in Melbourne and Madrid.
MA Thesis in Progress 24. CHO, K. K. Y.-The Industrial Relations Bureau.
SUBSTANTIAL GRANTS RECEIVED Grants have been received as follows:
ARGC: The economic consequences of certain professions.
ARGC: International trade in agricultural commodities.
Australian Wool Corporation: Weather influences on wool production.