W/Prof Rod Tyers
- Contact details
The University of Western Australia (M251)
35 Stirling Highway
CRAWLEY WA 6009
- 6488 5632
- BE MEngSc MSc PhD Harv
- B.Eng (Hon) M.Eng.Sci Melb., MS PhD Harv.
Dr Rod Tyers is a Winthrop Professor at the University of Western Australia Business School. Trained originally in engineering at the University of Melbourne, W/Prof. Tyers made the transition to economics and completed his doctorate at Harvard University in 1978. His research in international economics has emphasised economy-wide analysis and he has addressed issues including commodity market stability, technical change, demography, trade policy reform and macroeconomic policy as it affects exchange rates.
- Key research
- International trade
- International finance
- Economy-wide modelling
- Applied macroeconomics
- Working papers 2013, 2012
Tyers, R. (2013), “International effects of China’s rise and transition: neoclassical and Keynesian perspectives”, CAMA Working Paper No. 44-2013, July, http://cama.crawford.anu.edu.au/publications/working-papers/abstract.php?id=334
Tyers, R. (2013), “A simple model to study global macroeconomic interdependence”, UWA Business School Economics Discussion Paper 13.23, May.
Tyers, R. (2013), “China and international macroeconomic interdependence”, CAMA Working Paper No. 34/2013, ANU, May, http://cama.crawford.anu.edu.au/publications/working-papers/abstract.php?id=381
Tyers, R., Y. Zhang and T.S. Cheong (2013), “China’s saving and international economic performance”, UWA Business School Economics Discussion Paper 13.20, May.
Walker, A. and R. Tyers (2013), “Quantifying Australia’s ‘three-speed’ boom”, CAMA Working Paper No.10/2013, ANU and UWA Business School Economics Discussion Paper 13.06, February.
Tyers, R. and T.C. Cheong (2013), “A Dynamic Global Model for Macroeconomic Analysis: Government debt, Reserves, Bilateral Asset Holdings and Sector Specificity”, for presentation at the 16th Conference on Global Economic Analysis, Shanghai 12-14 June 2013, and CAMA Working Paper, February.
Golley, J. and R. Tyers (2012), “Gender rebalancing in China: a global analysis”, CAMA Working Paper No. 46/2012, Centre for Applied Macroeconomics, Australian National University, Canberra, November.
R. Tyers and L. Huang (2012), “Fiscal policy and China’s growth”, paper under revision, UWA Business School and Research School of Economics, Australian National University, July.
Golley, J. and R. Tyers (2012), “China’s gender imbalance and its economic performance”, Working Papers in Economics 2012-10, UWA Business School, Perth, June.
Tyers, R. (2012), “Looking inward for transformative growth in China”, CAMA Working Paper No. 15/2012, Centre for Applied Macroeconomics, Australian National University, Canberra, March.
Tyers, R. (2012), "The rise and robustness of economic freedoms in China", Working Papers in Economics No. 12-02, University of Western Australian Business School, February.
Golley, J. and R. Tyers (2012), “Demographic dividends, dependencies and economic growth in China and India”, CAMA Working Paper No. 6/2012, Centre for Applied Macroeconomics, Australian National University, Canberra; and Working Papers in Economics No. 12-03, University of Western Australia Business School, February, SSRN Global Top Ten Download list in population, 27 3 2012.
Articles since 2011
Tyers, R. (2012), “Japanese economic stagnation: causes and global implications”, The Economic Record, 88(283): 459-607, December.
Golley, J. and R. Tyers (2012), “Population pessimism and economic optimism in China and India”, The World Economy, 35(11): 1387-1416, November.
Tyers, R. and J. Corbett (2012), “Japan’s Economic Slowdown and its Global Implications: A Review of the Economic Modelling”, Asian-Pacific Economic Literature, 26(2): 1-28, November.
Golley, J. and R. Tyers (2012), “Demographic dividends, dependencies and economic growth in China and India”, Asian Economic Papers, 11(3): 1-26, Fall, as CAMA Working Paper: SSRN Top Ten Global Download list in Population, March 2012.
Arora, V. and R. Tyers (2011), “Asset arbitrage and the price of oil”, Economic Modelling, 29(2): 142-150, March.
Golley, J. and R. Tyers (2011), “Contrasting giants: demographic change and economic performance in China and India”, SSRN Labor: Demographics and Economics of the Family e-Journal, 3(67), May, ANU-CAMA Working Papers 10/2011.
Tyers, R. and Y. Zhang (2011), “Appreciating the renminbi”, The World Economy, 34(2): 265-297, February.
Book chapters since 2011
Tyers, R., Y. Zhang and T.S. Cheong (2013), “China’s external asset portfolios and global economic performance”, in Garnaut, R., F. Cai and L. Song (eds,) China: A New Model for Growth and Development, Canberra: ANU E Press.
Tyers, R. (2013), “The rise and robustness of economic freedoms in China”, in Moore, G. (ed), The Open Society and its Enemies in East Asia, Nordic Institute of Asian Studies Press, forthcoming, accepted January 2012.
Tyers, R. (2012), “Looking inward for growth”, in Garnaut, R. and L. Song (eds) Rebalancing and sustaining growth in China, Canberra: ANU E Press.
Tyers, R. and Q. Shi (2012), “Global demographic change, labour force growth and economic performance”, Chapter 13 in Ianchovichina, E. and T. Walmsley, Dynamic Modeling and Applications in Global Economic Analysis, Cambridge University Press, pp 342-378, February.
Golley, J. and R. Tyers (2011), “Contrasting giants: demographic change and economic performance in China and India”, Selected Papers of The Beijing Forum 2010 (Peking University Press and Reed-Elsevier, Beijing), June.
Key older publications
Tyers, R. and Y. Zhang (2011), “Appreciating the renminbi”, The World Economy, 34(2): 265-297, February.
This article joins the debate over Chinese currency undervaluation. It shows that US-proposed exchange rate adjustments could hurt both China and the US.
Rees, L. and R. Tyers (2004), “Trade reform in the short run: China’s WTO accession”, Journal of Asian Economics, 15(1): 1-31, January-February; republished with permission as Chapter 8 in C. Chen and R. Duncan (eds.), The Impact of WTO Accession and Regional Trade Arrangements on China’s Agricultural Sector and Food Security, Canberra: Asia Pacific Press, October 2007.
Little recognised at the turn of the millenium was that fixed exchange rate regimes could make trade reform shocks contractionary. The idea is here applied to the case of China’s WTO accession.
Tyers, R., and Y. Yang (2000). “Capital-Skill Complementarity and Wage Outcomes Following Technical Change in a Global Model.” Oxford Review of Economic Policy 16: 23-41.
This article followed up an earlier well cited one on modelling trade policy and labour market interactions. It spurred a subsequent literature on representing capital-skill complementarity.
Tyers, R., and K. Anderson (1992). Disarray in World Food Markets: A Quantitative Assessment, Cambridge University Press. 434pp.
This book offered the first quantitative assessment of agricultural market distortions that was global in scope. It presaged numerous studies supporting the Uruguay and Doha Rounds of negotiations.
Tyers, R. (1990). “Implicit Policy Preferences and the Assessment of Negotiable Trade Policy Reforms.” European Economic Review 34: 1399-1426.
This offered an approach to shifting a strategic policy equilibrium following the onset of Uruguay Round of trade reforms. It has spurred a number of follow-up articles in good journals.
Gunasekera, H. D. B., and R. Tyers (1990). “Imperfect Competition and Returns to Scale in a Newly Industrialising Economy: A General Equilibrium Analysis of Korean Trade Policy.” Journal of Development Economics 34: 223-47.
This article was the first to model full oligopoly representation in measuring the contribution of trade liberalisation to growth in a developing country, applied in this case to the Republic of Korea.
Tyers, R., and R. E. Falvey (1989). “Border Price Changes and Domestic Welfare in the Presence of Subsidised Exports.” Oxford Economic Papers 41: 434-51.
This article also arose from the work on the Uruguay Round. The Round’s sanctions against export subsidies were an indirect consequence of this research and subsequent papers.
Tyers, R. and K. Anderson (1989), "Price Elasticities in International Food Trade: Synthetic Estimates from a Global Model", Journal of Policy Modeling, 11(3): 315-44, 1989.
This article’s substance was then included in the more detailed exposition, published as Chapter 9 in C. Carter (ed.), Elasticities in International Agricultural Trade, (Boulder: Westview Press, 1988), pp. 255-960.
Yang, Y. and R. Tyers (1989), "The Economic Cost of Food Self-Sufficiency in China", World Development, 17(2): 237-253, 1989.
This article was the first to model global cereal market tightening from China’s growth. Its forecasts were revisited subsequently by Duncan, Rees and Tyers (2008), in a chapter listed previously.
Tyers, R., and K. Anderson (1988). “Liberalising OECD Agricultural Policies in the Uruguay Round: Effects on Trade and Welfare.” Journal of Agricultural Economics 30: 197-216. Also published as Chpt. 8 in H. W. Singer, N. Hatti and R. Tandon (eds) Trade Liberalisation in the 1990s, New World Order Series Vol. VIII, New Delhi: Indus Publishing Co., 1990; as a chapter in G. H. Peters (ed.) Agricultural Economics, Cheltenham: Edward Elgar, 1994; in C. Milner (ed.), Developing and Newly Industrialising Countries, Edward Elgar Publishing Ltd, UK, 1998; and as a chapter in K. Anderson and T. Josling (eds.), Critical Perspectives on the Global Trading System and the WTO, Edward Elgar, 2004.
Cited in The Economist in 1988, this article won the International Food and Agricultural Policy Article Competition, Centre for International Food and Agricultural Policy, University of Minnesota.
- Future research
- Global economic interdependence
Macroeconomic policy coordination
The Chinese transition and its implications
New approaches to modelling global trade and finance
- Funding received
- 2010 Australia-Japan Foundation Grant, “Modelling Japanese economic performance – implications for Australia”, joint Chief Investigator with Professor Jenny Corbett, Crawford School, Australian National University, $40,000.
2010-2012 ARC Discovery Grant DP 1094835, “Commodity Booms and Busts: Implications for the Australian Economy”, second Chief Investigator, with Ken Clements, UWA, $270,000, granted over three years.
2008-2010 ARC Discovery Grant DP0879094 “Economic Growth and Real Exchange Rates”, first investigator, joint with Professors Steve Dowrick and Heather Anderson, ANU, $314,000 granted over three years.
2005-2007 ARC Discovery Grant DP0557885 “Economic consequences for Australia of global demographic change”, first investigator, joint with Professor Tim Hatton, Dr Siew-Ean Khoo, Em/Professor Ron Duncan, Dr Max Tani, Dr Qun Shi, ANU, $260,000 granted over three years, carried forward into 2008.
2005-2007 ARC Discovery Grant DP0557885 “Economy-wide consequences of regulation and privatisation in Australia”, first investigator, joint with Professor Flavio Menezes, Director of the Australian Centre for Regulatory Economics, Faculty of Economics and Commerce, ANU, $380,000 granted over three years.
2004 Faculty of Economics and Commerce, ANU, Internal Research Grant: “Sectoral similarity trends and the damping of Stolper-Samuelson effects”, $6,000 for one year.
2001-2005 Rural Industries Research and Development Corporation (RIRDC). Large Grant ANU-51A: “Global demographic and income trends: their implications for food consumption”, joint with Emeritus Professor Ron Duncan, ANU, A$176,679 over three years.
1999-2004 Australian Council for International Agricultural Research (ACIAR), Project No. ADP/1998/128, Project leader Emeritus Professor (Economics and Commerce ANU) Ron Duncan, associate investigator Professor Rod Tyers, $930,746, "Achieving food security in China: implications of WTO accession".
1999-2002 Australian Research Council. Large Grant A00000201, “Growth and recession in Asia: impacts on wages and employment in Australia and other high wage countries”, sole Chief Investigator, A$80,000 over three years.
1995 Australian Research Council. Large grant A79532636 to study rises in wage inequality and unemployment in Australia and other industrial countries and determine the contributions of developing country trade and domestic technical change. A$47,000. First investigator, with Rod Falvey and Robert McDougall.
World Bank, International Economics Department (IECIT), grant to extend research on wage inequality in industrial countries and its links to trade with developing countries. US$30,000. First investigator, with Rod Falvey and Ron Duncan.
1993 Australian Research Council. Small grant 92FIGI096 (S6600417)to study changes in Australia’s trade patterns and their implications for unemployment and income distribution. A$13,000. First investigator, with Rod Falvey and Peter Forsyth.
1992 Australian Research council. Large grant AF9130595 to study the implications of trade reform for investment and innovation in Australia and East Asia. A$60,000. First investigator, with Neil Vousden and Ngo Van Long. Neil took over coordination and most of the research in 1993 as I became overcommitted elsewhere.
1988 Australian Research Council. Large grant A78931961 to study imperfect competition and trade policy in four archetypal economies of the Western Pacific. A$17,500.
1984 World Bank, International Economic Analysis and Projections Department, grant to support research toward a background paper for the World Development Report 1995. US$70,000. Joint with Kym Anderson.
1979 Economic Research Service, US Department of Agriculture, grant to fund cooperative research on US-Asia trade in agricultural products, US$25,000.
- Industrial relevance
- Australian export industries
- Economic Society of Australia
American Economic Association
- Honours and awards
- 2010 Beijing Forum – fully funded invitation to speak at this policy forum, held at Peking University but launched by Beijing Municipality, 7-9 November 2010.
Nomination for UWA Prize for Teaching, not pursued for lack of time.
2009 Nomination for UWA Prize for Research Supervision, not pursued for lack of time.
2007 Australian National University – Chinese University Exchange Fellowship, to cover all local costs associated with a one-month visit to the China Center for Economic Research at Peking University, Beijing.
2006 Asian Development Bank: sponsored invitation to present at the experts’ seminar on: Shaping the Future: Prospects for Asia’s Long-term Development over the Next Two Decades, 11 – 12 December, 2006: Tyers, R., J. Golley and I. Bain, “Projected economic growth in China and India: the role of demographic change”.
2005 Asian Development Bank: sponsored invitation to present at the Experts’ Meeting on Long Term Scenarios for Asia’s Growth and Trade, 2-4 November.
2000 Fully funded invitation to deliver a paper at the International Economic Association conference on Globalisation and Labour Markets, University of Nottingham, July.
1999 Fully funded invitation to visit the University of Birmingham to deliver the Jean Monnet Lecture at the annual conference of the International Economics Study Group, September.
1996 GTAP (Global Trade Analysis Project, Purdue University) Honorary Research Fellowship. Awarded for contributions to the extension of the GTAP database and its applications.
1991 Australian Agricultural Economics Society travel award to attend the biennial conference of the International Agricultural Economics Association in Tokyo, August, A$2,000.
1989 Winner, international food and agricultural policy article competition, Centre for International Food and Agricultural Policy, University of Minnesota (award included a price of US$2,000 and a funded invitation to give a lecture at the University of Minnesota) for Tyers, R. and K. Anderson "Liberalising OECD Agricultural Policies in the Uruguay Round: Effects on Trade and Welfare", Journal of Agricultural Economics, 1988.
1988 Inaugural J.G. Crawford Award for published article on Japan and its relations with Australia (award included a prize of A$2,000), for Anderson, K. and R. Tyers "Japan's Agricultural Policy in International Perspective", Journal of the Japanese and International Economies, 1987.
1972 CSIRO Postgraduate Study Award to Harvard University.
1970 Institution of Engineers Australia Prize for Undergraduate Studies in Engineering.
- Previous positions
- 1990-2010,1982-1987 Australian National University, Canberra.
2001-2010 Professor of Economics, College of Business and Economics
1993-2001 Reader, Department of Economics
1990-1993 Senior Lecturer, Department of Economics
1984-1987 Research Fellow in Economics, National Centre for Development Studies
1982-1984 Research Fellow, Department of Economics, Research School of Pacific Studies
1987-1990 University of Adelaide, South Australia, Senior Lecturer, Department of Economics
1978-1981 Resource Systems Institute, East West Center, Honolulu, Hawaii
1980-1981 Research Associate
1978-1979 Research Fellow
Australian National University
Deputy Dean/ Acting Dean, College of Business and Economics (2003-4,2006)
Convener, National Institute of Economics and Business (2002-4)
Other roles in ANU(1990-2007, 1982-87), included Convenor, Program Coordinator, Faculty Board Member, Chair of Committees.
University of Adelaide (1987-1990)
Board of Research Studies (1988)
Chairman, Faculty Higher Degrees Committee (1988-1990)
Postgraduate Studies Coordinator, (1988-1990)
Course Convenor: Graduate Diploma in Economics (1989-1990), Master of Economics by Coursework (1988-1990).
External Honorary Appointments
Research Associate of the Centre for Applied Macroeconomic Analysis (CAMA), ANU, continuing.
External Fellow of the Center for Global Trade Analysis, Purdue University, reappointed July 2009 for a further three-year term
External Fellow of the Centre for Research on Globalisation and Economic Policy, School of Economics, University of Nottingham
2007 Visiting External Fellow, Center for Global Trade Analysis, Purdue University
Research Associate, Center for International Economics, University of California at Santa Cruz
Visiting Professor, China Center for Economic Research, Peking University
2004 Visiting Fellowship, Economics Program, Research School of Social Sciences, ANU
Visiting Fellowship, Centre for Global Trade Analysis, Purdue University
Visiting Fellowship, Leverhulme Centre for Research on Globalisation and Economic Policy, University of Nottingham
1999 Visiting Fellow, Department of Economics, Research School of Pacific and Asian Studies, ANU
Visitor, School of Economics, Globalisation and Labour Markets Project, University of Nottingham
1995 Visitor, Economics Program, Research School of Social Sciences, ANU
Visiting Research Fellow, AGRAP, World Bank, Washington DC
1992-1993 Visiting Fellow, Clare Hall, University of Cambridge, U.K.
1992 Visiting Fellow, Trade and Macroeconomics Division, International Food Policy Research Institute, Washington, DC
Founding co-editor (with Deborah Peterson) of the Australian Journal of Agricultural and Resource Economics, 1996-1998.
- Macroeconomic Theory (advanced undergraduate)
Money, Banking and Financial Markets (undergraduate)
Economic Policy (advanced undergraduate)
- Current external positions
- Adjunct Professor of Economics
College of Business and Economics
Australian National University
- Current projects
- Chinese macroeconomic policy and economic performance
Japanese oligopolies and economic performance
The determinants of commodity price volatility – implications for Australia
Demographic change in China: implications for the world economy
Economic growth, macroeconomic shocks and real exchange rate realignment
China and Japan are amongst Australia’s largest trading partners. The research on their economies bears directly on the demand for mineral ores and energy products and so is of direct interest to the state’s mining and energy industries. The work on real exchange rate realignment is also of interest to state industries since it links export prices and domestic production costs. It is also of interest in the formulation of national economic policy.
Collaborations with Other Institutions
Collaborating institutions include the Australian National University and the China Center for Economic Research at Peking University. There is also liaison with the Australian Treasury.
- Research profile
Research profile and publications