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Globalisation and Ireland's Export Performance

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  • Ruane, Frances
  • Siedschlag, Iulia
  • Murphy, Gavin

Abstract

This paper provides empirical evidence on Ireland's export performance in the context of increased globalisation over the past ten years. Using insights from recent contributions to international trade and economic growth theories, we first examine patterns and changes of revealed comparative advantages for Ireland's exports of goods and services. We then investigate whether Irish exports have specialised in fast growing industries and markets in world exports over the period. Third, we analyse determinants of export performance dynamics focusing on product and market structures and competitiveness effects. Finally, to put Ireland's export performance into perspective, we compare this evidence with recent developments in other selected European small open economies.

Suggested Citation

  • Ruane, Frances & Siedschlag, Iulia & Murphy, Gavin, 2013. "Globalisation and Ireland's Export Performance," Papers WP451, Economic and Social Research Institute (ESRI).
    • Handle: RePEc:esr:wpaper:wp451
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    References listed on IDEAS

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    1. Bourguignon, Francois & Coyle, Diane & Fernàndez, Raquel & Giavazzi, Francesco & Marin, Dalia & O’Rourke, Kevin & Portes, Richard & Seabright, Paul & Venables, Anthony & Verdier, Thierry & Winters, L., . "Making Sense of Globalization: A Guide to the Economic Issues," Monographs in Economics, University of Munich, Department of Economics, number 20240, November.
    2. João Amador & Sónia Cabral, 2008. "The Portuguese Export Performance in Perspective: A Constant Market Share Analysis," Economic Bulletin and Financial Stability Report Articles and Banco de Portugal Economic Studies, Banco de Portugal, Economics and Research Department.
    3. Daniel de Munnik & Jocelyn Jacob & Wesley Sze, 2012. "The Evolution of Canada’s Global Export Market Share," Staff Working Papers 12-31, Bank of Canada.
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    1. Lawless, Martina & Siedschlag, Iulia & Studnicka, Zuzanna, 2017. "Expanding and diversifying the manufactured exports of Irish-owned enterprises," Research Series, Economic and Social Research Institute (ESRI), number BKMNEXT335, June.
    2. Nicholas Crafts, 2014. "Ireland’s Medium-Term Growth Prospects: a Phoenix Rising?," The Economic and Social Review, Economic and Social Studies, vol. 45(1), pages 87-112.
    3. Christine Arriola & Caitlyn Carrico & David Haugh & Nigel Pain & Elena Rusticelli & Donal Smith & Frank van Tongeren & Ben Westmore, 2018. "The Potential Macroeconomic and Sectoral Consequences of Brexit on Ireland," OECD Economics Department Working Papers 1508, OECD Publishing.
    4. Bergin, Adele & Conroy, Niall & Garcia Rodriguez, Abian & Holland, Dawn & McInerney, Niall & Morgenroth, Edgar & Smith, Donal, 2017. "COSMO: A new COre Structural MOdel for Ireland," Papers WP553, Economic and Social Research Institute (ESRI).

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    Keywords

    Comparative/competitiveness/economic growth/growth/Ireland/Services/Trade;

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