Tom Kompas is Director of the Crawford School of Economics and Government and Foundation Director of the Australian Centre for Biosecurity and Environmental Economics (AC BEE). Tom received his PhD in economics from the University of Toronto and teaches Masters Microeconomics, Applied Economic Dynamics and a component of the School’s flagship course, Government, Markets and Global Change. He specialises in economic dynamics, agricultural economics, productivity, and natural resource and environmental economics. His bioeconomic modeling and biosecurity research has been published in the world’s leading international journals (including Science) and his current work focuses on the major biosecurity issues in both Australia and internationally. Tom received the 2004 Crawford Award for Research Excellence from the Australian Bureau of Agricultural and Resource Economics and the CSIRO Medal for Research Achievement in 2009. In 2008 Tom also received the Award for Teaching Excellence from The College of Asia and the Pacific at the ANU, and in 2009 was a recipient of the ANU’s highest award for teaching, the Vice Chancellor’s Award for Excellence in Teaching. He is currently Editor of the Australian Journal of Agricultural and Resource Economics.
Links
International and Development Economics Research and Working Papers
Economics and Environmental Network
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
- 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
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- 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
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- 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.
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- 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.
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- Tran Thi Bich, Grafton R. and Kompas, Tom (2008),‘Firm Efficiency in a Transitional Economy: Evidence from Vietnam,’ Asian Economic Journal, 22, 47-66
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- 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
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- 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.
- Grafton, Q., Kompas, T., McLoughlin, R., and Rayns, C., (2007) 'Benchmarking for Fisheries Governance', Marine Policy 31, 470-479.
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- Grafton R., and Kompas, T., (2007) 'Pricing Sydney Water', Australian Journal of Agricultural and Resource Economics, 51, 227-241.
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- Grafton, R., Kompas, T. and Owen, D., (2007) 'Bridging the barriers: knowledge connections, productivity and capital accumulation,' Journal of Productivity Analysis.
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- 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.
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- 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
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- 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
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- 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
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- 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
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- 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.
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- 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
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- Kompas, T. (2005), 'Fisheries Management: Economic Efficiency and the Concept of 'Maximum Economic Yield''.
Australian Commodities, 12, 1:, 152-60.
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- 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
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- Grafton, R.Q. Kompas, T.; (2005), 'Uncertainty and the active adaptive management of marine resources'.
Marine Policy, 29,471-479
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- 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.
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- 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.
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- 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.
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- Kompas, T.; Che, T (2004), 'Productivity in Australian Dairy Industry '.
Review of Agribusiness, 12, 1-24.
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- 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.
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- 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.
Teaching
Current
Masters Microeconomics
Applied Economic Dynamics
Government Markets and Global Change
Previous
Graduate Mathematical Economics A
Graduate Mathematical Economics B
Resource and Environmental Economics
Graduate Diploma Macroeconomics
Microeconomics IV
History of Economic Thought
Quantitative International Economics
Contact Details
| Telephone: |
61 2 6125 4765 |
| Fax: |
61 2 6125 5448 |
| Email: |
tom.kompas@anu.edu.au |
| Mailing address: |
J.G Crawford Building #13,
Crawford School of Economics and Government ,
The Australian National University,
Canberra ACT 0200, Australia |
|
