Publications

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Author: Steven Bond-SmithX
Discretely innovating: The effect of limited market contestability on innovation and growth Steven Bond-Smith I consider the impact of market contestability on innovation and growth. To examine this, I use discrete entry (i.e. an integer number of firms) as a tool to vary contestability in each sector of a disaggregated multi-sector endogenous growth model.... Read article 24 November 2021Journal Articles Read More
The unintended consequences of increasing returns to scale in geographical economics Steven Bond-Smith Increasing returns to scale is the basis for many powerful results in economics and economic geography. But the limitations of assumptions about returns to scale in economic growth theories are often ignored when applied to geography. This leads to an... Read article 21 October 2021Journal Articles Read More
Relationships between metropolitan, satellite and regional city size, spatial context and economic productivity Chris Leishman, Steven Bond-Smith, Weidong Liang, Jinqiao Long, Duncan Maclennan, Steven Rowley This report, funded by the Australian Housing and Urban Research Institute (AHURI), considers evidence about the existence and scale of agglomeration economies, including in Australian cities. Agglomeration economies are inherently complex in terms of how they interact with city size... Read article 24 June 2021Research Reports Read More
BCEC Quarterly Economic Commentary – June 2021 Steven Bond-Smith, Rebecca Cassells, Alan Duncan, Silvia Salazar This Western Australia Quarterly Economic Commentary analyses the most recent data on economic and social indicators for WA. WA’s economy continues to strengthen Western Australia’s domestic economic output, also known as State Final Demand, increased by 3 per cent over the March... Read article 8 June 2021Quarterly Economic Commentary Read More
BCEC Quarterly Economic Commentary – March 2021 Steven Bond-Smith, Rebecca Cassells, Alan Duncan, Silvia Salazar This Western Australia Quarterly Economic Commentary analyses the most recent data on economic and social indicators for WA. Key findings from this edition include: Is the WA economy in good shape? Western Australia is in better economic shape than any other state as... Read article 9 March 2021Quarterly Economic Commentary Read More
Agriculture in WA – Update Note Steven Bond-Smith, Daniel Kiely, Silvia Salazar This research note provides an update on current trends in the agriculture, forestry and fishing sector in Western Australia. The economic and employment contribution that the sector makes to the Western Australian economy are discussed, along with the latest trends... Read article 1 December 2020Briefing Notes Read More
Green Shoots: Opportunities to grow a sustainable WA economy Steven Bond-Smith, Rebecca Cassells, Alan Duncan, Astghik Mavisakalyan, Silvia Salazar, Maria Sandoval-Guzman, Richard Seymour, Chris Twomey Green Shoots: Opportunities to grow a sustainable WA economy, the fifth report in the Focus on Industry series, looks at the green economy, taking stock of the current environmental footprint and development of ‘green’ sectors as well as identifying opportunities... Read article 12 November 2020BCEC Reports  |  Focus on Industry Read More
Analysis of costs and savings of Proposed Reforms to Higher Education Rebecca Cassells, Steven Bond-Smith The Australian Government recently announced a Higher Education Reform Package that has the overarching objective of incentivising students to “make more job-relevant decisions about their education”. The proposed reforms includes changes to both student and Commonwealth contributions to higher education... Read article 23 July 2020COVID-19 Insights  |  COVID-19 Insights Read More
The unintended consequences of increasing returns to scale in geographical economics Steven Bond-Smith Increasing returns to scale is now fundamental to both economics and economic geography. But first generation theories of endogenous growth imply an empirically-refuted scale effect. This scale effect and assumptions to negate the scale effect both imply unintentional spatial consequences.... Read article 3 December 2019Working Papers Read More
A multi-sector model of relatedness, growth and industry clustering Steven Bond-Smith, Philip McCann This article builds an understanding of regional innovation specialisation by developing a multi-sector model with endogenous growth through quality improving innovations and spillovers from related technologies. The model provides an approach to incorporate the relatedness literature within the mainstream theoretical... Read article 5 November 2019Journal Articles Read More
A multi-sector model of relatedness, growth and industry clustering Steven Bond-Smith, Philip McCann This article builds an understanding of regional innovation specialization by developing a multi-sector model with endogenous growth through quality improving innovations and spillovers from related technologies. The model provides an approach to incorporate the relatedness literature within the mainstream theoretical... Read article 30 September 2019Working Papers Read More
Future-Proofing the WA Economy Steven Bond-Smith, Michael Dockery, Alan Duncan, Daniel Kiely, Silvia Salazar Future-Proofing the WA Economy is the fourth report in the Bankwest Curtin Economics Centre’s Focus on Industry report series. The report recommends the implementation of a ‘smart specialisation’ approach to regional diversification, to ensure that new development opportunities build on... Read article 30 August 2019BCEC Reports  |  Focus on Industry Read More