This file is part of IDEAS, which uses RePEc data


[ Papers | Articles | Software | Books | Chapters | Authors | Institutions | JEL Classification | NEP reports | Search | New papers by email | Author registration | Rankings | Volunteers | FAQ | Blog | Help! ]

The Sources of Irish Growth

Author info | Abstract | Publisher info | Download info | Related research | Statistics
Author Info
de la Fuente, Angel
Vives, Xavier

Additional information is available for the following registered author(s):

Abstract

This paper explores the sources of Ireland’s relative growth performance. Using panel data for a sample of OECD countries, we estimate a convergence equation and use it to conduct a growth accounting exercise which provides quantitative estimates of the immediate sources of Ireland’s growth differential vis-à-vis the OECD average and the other ‘cohesion’ countries of the EU. While we find that fiscal consolidation has contributed significantly to Ireland’s improved performance, we are not able to fully account for the ‘Irish miracle’ in terms of the standard growth theory variables. This finding supports the extended view that some peculiar features of the Irish economy (such as its success in attracting high-quality foreign direct investment) have played a crucial role in recent years. We conclude with some reflections on the need for structural reforms as a way to ensure the sustainability of Ireland’s rapid growth.

Download Info
To download:

If you experience problems downloading a file, check if you have the proper application to view it first. Information about this may be contained in the File-Format links below. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

File URL: http://www.cepr.org/pubs/dps/DP1756.asp
File Format: application/pdf
File Function:
Download Restriction: CEPR Discussion Papers are free to download for our researchers, subscribers and members. If you fall into one of these categories but have trouble downloading our papers, please contact us at subscribers@cepr.org

As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.

Publisher Info
Paper provided by C.E.P.R. Discussion Papers in its series CEPR Discussion Papers with number 1756.

Download reference. The following formats are available: HTML (with abstract), plain text (with abstract), BibTeX, RIS (EndNote, RefMan, ProCite), ReDIF
Length:
Date of creation: Dec 1997
Date of revision:
Handle: RePEc:cpr:ceprdp:1756

Contact details of provider:
Postal: Centre for Economic Policy Research, 53--56 Great Sutton Street, London EC1V 0DG
Phone: 44 - 20 - 7183 8801
Fax: 44 - 20 - 7183 8820

Order Information:
Email:

For technical questions regarding this item, or to correct its listing, contact: ().

Related research
Keywords: Competition Policy; Growth; Ireland;

Other versions of this item:

Find related papers by JEL classification:
E60 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - General
L40 - Industrial Organization - - Antitrust Issues and Policies - - - General
O40 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General
O52 - Economic Development, Technological Change, and Growth - - Economywide Country Studies - - - Europe

Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. Frank Barry & Michael B. Devereux, 2006. "A Theoretical Growth Model for Ireland," The Economic and Social Review, Economic and Social Studies, vol. 37(2), pages 245-262. [Downloadable!]
  2. David E. Bloom & David Canning, 2003. "Contraception and the Celtic Tiger," The Economic and Social Review, Economic and Social Studies, vol. 34(3), pages 229–247. [Downloadable!]
  3. Sequeira, Tiago Neves, 2002. "The "Iberian Tigers" versus The "Celtic Tiger": Economic Growth Paths in an Economic History perspective," FEUNL Working Paper Series wp416, Universidade Nova de Lisboa, Faculdade de Economia. [Downloadable!]
    Other versions:
  4. Barry, Frank, 2004. "Export-platform foreign direct investment: the Irish experience," EIB Papers 6/2004, European Investment Bank, Economic and Financial Studies. [Downloadable!]
  5. Barry Eichengreen & Richard Kohl, 1998. "The External Sector, the State and Development in Eastern Europe," UCAIS Berkeley Roundtable on the International Economy, Working Paper Series 1034, UCAIS Berkeley Roundtable on the International Economy, UC Berkeley. [Downloadable!]
    Other versions:
  6. Barry, Frank, 2003. "Tax Policy, FDI and the Irish Economic Boom of the 1990s," Economic Analysis and Policy (EAP), Queensland University of Technology (QUT), School of Economics and Finance, vol. 33(2), pages 221-236, September. [Downloadable!]
  7. Hauptmeier, Sebastian & Heipertz, Martin & Schuknecht, Ludger, 2006. "Expenditure reform in industralised countries : a case study approach," ZEW Discussion Papers 06-50, ZEW - Zentrum für Europäische Wirtschaftsforschung / Center for European Economic Research. [Downloadable!]
    Other versions:
  8. Séan Ó Riain, 2004. "State, Competition and Industrial Change in Ireland 1991-1999," The Economic and Social Review, Economic and Social Studies, vol. 35(1), pages 27-53. [Downloadable!]
Statistics
Access and download statistics

Did you know? There are over 21000 authors registered on RePEc Author Service.

This page was last updated on 2009-11-25.

This information is provided to you by IDEAS at the Department of Economics, College of Liberal Arts and Sciences, University of Connecticut using RePEc data on a server sponsored by the Society for Economic Dynamics.