Tom Kompas
Director, Crawford School of Economics and Government
Director, Australian Centre for Biosecurity and Envronmental Economics
Editor, Australian Journal of Agricultural and Resource Economics
| Contact Details: | |
| Telephone: | 61 2 6125 4765 |
| Room: | JGC 2.82 |
| Email: | tom.kompas@anu.edu.au |
Tom Kompas is Director of Crawford School of Economics and Government, and Foundation Director of the Australian Centre for Biosecurity and Environmental Economics (AC BEE). He is professor of economics, and has been dedicated his time to contributing to the Canberra public policy arena. He was a principal economist at the Australian Bureau of Agricultural and Resource Economics (ABARE) and is currently editor of the Australian Journal of Agricultural and Resource Economics.
Tom’s research specialises in economic dynamics, agricultural economics and natural resource and environmental economics. His bioeconomic modelling and biosecurity research has been published in the world’s leading international journals (including Science and PNAS) and his current work focuses on the major biosecurity issues in both Australia and internationally. In 2009, Tom received the CSIRO Medal for Research Achievement, and in 2004, the Crawford Award for Research Excellence from ABARE.
Tom was a recipient of the ANU’s highest award for teaching, the 2009 Vice Chancellor’s Award for Excellence in Teaching. In 2008, Tom also received the Award for Teaching Excellence from the College of Asia and the Pacific at ANU. He teaches Masters Microeconomics, Applied Economic Dynamics, and a component of the School’s flagship course: Government, Markets and Global Change.
Research interests/expertise
- Bioeconomic Modelling
- Economic dynamics and optimal control theory
- Natural resources and environmental economics
- Applied econometrics
Current Projects
- Biosecurity and the economics of quarantine and surveillance
- Public infrastructure, social capital and growth
- Market reform and rice production in Vietnam
- Fisheries dynamics and management
Recent Publications
- Tom Kompas, R. Quentin Grafton, Pham Van Ha, Nhu Che and Long Chu (2010) ‘Bioeconomic Modeling of Marine Reserves with Environmental Uncertainty,’ in Handbook of Marine Fisheries Conservation and Management, London: Oxford University Press.
- Cathy Dichmont, Sean Pascoe, Tom Kompas, Andre Punt and R. Dung, (2010) ‘On Implementing Maximum Economic Yield in Commercial Fisheries, Proceedings of the National Academy of Sciences, Vol 107:16-21
View Publication Online » - R. Quentin Grafton, David Campbell, Christopher Costello, Ray Hilborn and Tom Kompas, (2009) ‘Comment on “Abdicating Responsibility: The Deceits of Fisheries Policy”,’ Fisheries, 34, 292-94.
- Nazmun N. Ratna, R. Quentin Grafton and Tom Kompas, (2009) ‘Is Diversity Bad for Economic Growth? Evidence from State-level Data in the US,’ Journal of Social Economics, 38, 859-70.
View Publication Online » - R. Quentin Grafton, Tom Kompas, and Pham Van Ha, (2009) 'Cod Today and None Tomorrow: The Economic
Value of a Marine Reserve', Land Economics, 85 (3): 454–469
View Publication Online » - Thi Bich Tran, Quentin Grafton, Tom Kompas, (2009) 'Contribution of productivity and firm size to value-added: Evidence from Vietnam', International J. Production Economics, 121, 274-285
View Publication Online » - Thi Bich Tran, R. Quentin Grafton and Tom Kompas, (2009) ‘Institutions Matter: The Case of Vietnam’, Journal of Socio-Economics, 38, 1-12.
- Satoshi Yamazaki, Tom Kompas and R. Quentin Grafton, (2009) ‘Output Versus Input Controls Under Uncertainty: The Case of a Fishery,’ Natural Resource Modeling, 22, 212-236.
View Publication Online » - C. Dichmont, A. Deng, A. Punt, N. Ellis, W. Venables, T. Kompas, Y. Ye, S. Zhou and J. Bishop, (2008) ‘Beyond Biological Performance Measures in Management Strategy Evaluation: Bringing in Economics and the Effects of Trawling on the Benthos’, Fisheries Research, 94, 238-50.
- Tom Kompas, Nhu Che and Quentin Grafton, (2008) ‘Fisheries Instrument Choice under Uncertainty’, Land Economics, 84, 652-66.
View Publication Online » - Tran Thi Bich, Grafton R. and Kompas, Tom (2008),‘Firm Efficiency in a Transitional Economy: Evidence from Vietnam,’ Asian Economic Journal, 22, 47-66
View Publication Online » - Kompas, T. and R. Kuk (2008) ‘Managing the Gulf of Papua Prawn Fishery: Sustainability, Maximum Returns and Cooperation between Commercial Fishing and Indigenous Fishing Communities’, Pacific Economic Bulletin, 23, 29-38
View Publication Online » - Nazmun Ratna, Anne Dray, Pascal Perez, R. Quentin Grafton, and Tom Kompas (2008) ‘Innovation Diffusion among Heterogeneous Agents: Exploring Complexity with Agent Based Modeling (ABM)’, in Applications of Complex Adaptive Systems, Y. Shang and A. Yang (eds.), London, IGI Publishing
- Nazmun Ratna, Anne Dray, Pascal Perez, R. Quentin Grafton, David Newth and Tom Kompas, (2008) "Diffusion and Social Networks: Revisiting Medical Innovation with Agents," in Complex Decision Making: Theory and Practice, Hans Qudrat-Ullah, J. Michael Specter, Pal Davidsen (eds.), Berlin: Springer.
- R. Quentin Grafton, Tom Kompas and Ray Hilborn, (2007) "The Economics of Overexploitation Revisited", Science, 318, 7 December, 1601.
View Publication Online » - Grafton, Q., Kompas, T., McLoughlin, R., and Rayns, C., (2007) 'Benchmarking for Fisheries Governance', Marine Policy 31, 470-479.
View Publication Online » - Grafton R., and Kompas, T., (2007) 'Pricing Sydney Water', Australian Journal of Agricultural and Resource Economics, 51, 227-241.
View publication online » - Grafton, R., Kompas, T. and Owen, D., (2007) 'Bridging the barriers: knowledge connections, productivity and capital accumulation,' Journal of Productivity Analysis.
View publication online » - Kompas, T. and Gooday, P. (2007) 'The failure of 'command and control' approaches to fisheries management: lessons from Australia', International Journal of Global Environmental Issues, 7, 174-190.
View publication online » - Kompas, T. and Che, T.N. (2006) 'Economic profit and optimal effort in the Western and Central Pacific tuna fisheries', Pacific Economic Bulletin, 21, 46-62
View Publication Online » - Kompas, T. and Che, T. N. (2006) 'Technology Choice and Efficiency on Australian Dairy Farms,' Australian Journal of Agricultural and Resource Economics,
vol 50, 65-83
View Publication Online » - Fox, K.J., R.Q. Grafton, T. Kompas and N. Che. (2006) 'Capacity Reduction, Quota Trading and Productivity: The Case of a Fishery'.
The Australian Journal of Agricultural and Resource Economics,
50, pp. 189–206
View Publication Online » - Grafton, R.Q., Kompas, T. and Pham, V. H. (2006) 'The Economic Payoffs from Marine Reserves: Resource Rents in a Stochastic Environment,'
Economic Record, Vol. 82, 469-480
View Publication Online » - Grafton, R.Q., Arnason, R., Bjørndal, T., Campbell, D., Campbell, H.F., Clark, C.W., Connor, R., Dupont, D.P., Hannesson, R., Hilborn, R., Kirkley, J.E., Kompas, T., Lane, D.E., Munro, G.R., Pascoe, S., Squires, D., Steinshamn, S.I., Turris, B.R., Weninger, Q. (2006) "Incentive-Based Approaches to Sustainable Fisheries,"
Canadian Journal of Fisheries and Aquatic Sciences , 63: 699-710.
View Publication Online » - Che, T. N.; Kompas, T. and Vousden, N. (2006), 'Market reform, Incentives and Economic Development in Vietnamese Rice Production'.
Comparative Economic Studies, Vol. 48, 277-301
View Publication Online » - Kompas, T. (2005), 'Fisheries Management: Economic Efficiency and the Concept of 'Maximum Economic Yield''.
Australian Commodities, 12, 1:, 152-60.
View Publication Online» - Kompas, T. (2005), 'Economic Growth'.
Encyclopedia of International Development, T. Forsythe (ed), Routledge, 2005,
Online publication not available. - Grafton, R.Q.; Kompas, T.; Lindemayor, D. (2005), 'Marine reserves with ecological uncertainty'.
Bulletin of Mathematical Biology, 67, 957-971
View Publication Online » - Grafton, R.Q. Kompas, T.; (2005), 'Uncertainty and the active adaptive management of marine resources'.
Marine Policy, 29,471-479
View Publication Online » - Kompas, T.; Che, T.; (2005), 'Efficiency gains and cost reductions from individual transferable quotas: a stochastic cost frontier for the Australian south east fishery'.
Journal of Productivity Analysis, 23, 285-307.
View Publication Online » - Grafton, R.Q.; Kompas, T.; Schneider, V. (2005), 'The bioeconomics of marine reserves: a selected review with policy implications'.
Journal of Bioeconomics, 7, 161-78.
View Publication Online » - Kompas, T.; Che, T.; Grafton, R. (2004), 'Technical Efficiency Effects of Input Controls: Evidence from Australia's Banana Prawn Fishery '.
Applied Economics, 36, 1631-41.
View Publication Online » - Kompas, T.; Che, T (2004), 'Productivity in Australian Dairy Industry '.
Review of Agribusiness, 12, 1-24.
View Publication Online » - Che, T.; Kompas, T.; Vousden, N. (2001), 'Incentives and static and dynamic gains from market reform: rice production in Vietnam'.
Australian Journal of Agricultural and Resource Economics, 45(4), 547-72.
View Publication Online » - Kompas, T. (2000), "Traditional Notions of Equilibrium Reconsidered," in Equilibrium, Donald Walker, ed., (Series: Critical Ideas in Economics, Mark Blaug and Kevin D. Hoover, eds.), Cheltenham, UK: Edward Elgar, 2000, 484-495.
