DSpace Collection: Honours material that has been submitted by the School of EconomicsHonours material that has been submitted by the School of Economicshttps://hdl.handle.net/2440/1075002024-03-29T04:49:34Z2024-03-29T04:49:34ZElectricity Consumption and Economic Growth in China: Assessing Granger Causality at Provincial, Electricity-Market and National LevelsXenophon, Aleksishttps://hdl.handle.net/2440/1084972017-10-12T03:41:05Z2015-01-01T00:00:00ZTitle: Electricity Consumption and Economic Growth in China: Assessing Granger Causality at Provincial, Electricity-Market and National Levels
Author: Xenophon, Aleksis
Abstract: The following thesis investigates the relationship between electricity consumption and
economic growth in China over the period 1985-2012. Long and short run Granger
causal relationships between these variables are ascertained by applying a vector error
correction model to national, electricity-market, and provincial-level data. A comparison is then made between the relationships obtained from these different datasets. The
results suggest that a large amount of information is lost as a result of aggregation, with
data at the national and electricity-market levels being unable to accurately reflect prevailing relationships observed at the provincial level. This observation is particularly
relevant given the predominance of national level studies found in the literature.
Description: This item is only available electronically.2015-01-01T00:00:00ZInternational Trade and Job Polarisation: Are all the middle-waged jobs disappearing?Maxted, Jasonhttps://hdl.handle.net/2440/1084352017-10-11T02:23:10Z2016-01-01T00:00:00ZTitle: International Trade and Job Polarisation: Are all the middle-waged jobs disappearing?
Author: Maxted, Jason
Abstract: This thesis investigates the in
uence that international trade exposure has on the com-
position of the labour force in the manufacturing sector in Australia between 2008 and
2013. In particular we investigate whether the phenomenon of job polarisation is present
within the industry, and whether increased trade exposure contributes to this. Thus we
have had to carefully map employment data with trade data. Our panel data xed e ects
estimation suggests that job polarisation does not exist within the manufacturing sector.
This does not rule out its existence when accounting for the entire labour force however.
The most significant finding is that increased exposure to trade leads to a movement of
labour down the wage distribution. Such a finding has the potential to have significant
policy implications.
Description: This item is only available electronically.2016-01-01T00:00:00ZIdentifying Marginal Returns to Education Through Social NetworksHersey, Timothyhttps://hdl.handle.net/2440/1084342017-10-11T02:03:47Z2016-01-01T00:00:00ZTitle: Identifying Marginal Returns to Education Through Social Networks
Author: Hersey, Timothy
Abstract: This thesis explores the role of peers in influencing the decision of individuals to
attend college and the resulting labour market outcomes. It proposes a model, combining
the econometric methods of networks and treatment effects, to estimate the
marginal treatment effect of education when peers have influence on the wage outcome
and probability of treatment for an individual. Using Monte Carlo simulations,
the effect of networks on the treatment effects model is investigated. We further explore
the model by varying the network structure and conducting sensitivity analyses,
considering the impact of networks on policy. Our results suggest that networks initially
have a significant positive impact on the returns to education and the effects
of policy. However, this effect is reduced once homophily in characteristics is introduced.
Description: This item is only available electronically.2016-01-01T00:00:00ZDoes Academic Success affect Outcomes in Graduate Labour MarketsMiller, Marcushttps://hdl.handle.net/2440/1084332017-10-11T02:02:52Z2016-01-01T00:00:00ZTitle: Does Academic Success affect Outcomes in Graduate Labour Markets
Author: Miller, Marcus
Abstract: This thesis explores the impact that university grades have on the labour market
outcomes of Australian students graduating from undergraduate study. Using cross sectional
data of students from the University of Adelaide, we investigate the effect
that a student’s grade point average has on both the likelihood of employment and
expected wages. We build on previous literature by using instrumental variable estimation
and sample-selection models to correct for potential biases in the model, which
also allows us to look at these two measures simultaneously. Our results suggest that
when the models of these two outcomes are estimated simultaneously, area of study
is the main source of variability in wages amongst individuals. Students’ grades and
employment history, which may have been expected to also influence wages, were
found to only have a significant impact on employment probability. This challenges
previous studies on graduate starting wages, which find positive impacts of these
measures on wages when they were looked at in isolation of employment outcomes.
Description: This item is only available electronically.2016-01-01T00:00:00Z