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How Competitive is Irish Manufacturing?

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Author Info
Jarkko Soikkeli
Valerie Cerra

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Abstract

Ireland has had significant competitiveness gains in the 1990s on the basis of the standard manufacturing unit labor cost-based measure of the real effective exchange rate. A handful of sectors mostly dominated by multinational companies have accounted for the bulk of value added in production. Their productivity gains have greatly contributed to Ireland's exceptional growth performance in the 1990s, which has earned it the nickname of "Celtic Tiger." However, these sectors represent a disproportionately smaller share of manufacturing employment, and competitiveness in employment-intensive sectors has been much weaker. This paper thus explores Irish competitiveness from the viewpoint of risks to employment.

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Paper provided by International Monetary Fund in its series IMF Working Papers with number 02/160.

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Length: 12 pages
Date of creation: 21 Oct 2002
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Handle: RePEc:imf:imfwpa:02/160

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Related research
Keywords: Manufacturing ; Ireland ; Labor costs ; Real effective exchange rates ; Employment ;

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References listed on IDEAS
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. Fagerberg, Jan, 1988. "International Competitiveness," Economic Journal, Royal Economic Society, vol. 98(391), pages 355-74, June. [Downloadable!] (restricted)
  2. Patrick Gunnigle & David McGuire, 2001. "Why Ireland? A Qualitative Review of the Factors Influencing the Location of US Multinationals in Ireland with Particular Reference to the Impact of Labour Issues," The Economic and Social Review, Economic and Social Studies, vol. 32(1), pages 43-67. [Downloadable!]
  3. Walsh, Brendan, 2000. "Cyclical and Structural Influences on Irish Unemployment," Oxford Economic Papers, Oxford University Press, vol. 52(1), pages 119-45, January.
  4. Stephen Tokarick & Ian W. Marsh, 1994. "Competitiveness Indicators - A Theoretical and Empirical Assessment," IMF Working Papers 94/29, International Monetary Fund.
  5. Carlin, Wendy & Glyn, Andrew & Van Reenen, John, 2001. "Export Market Performance of OECD Countries: An Empirical Examination of the Role of Cost Competitiveness," Economic Journal, Royal Economic Society, vol. 111(468), pages 128-62, January. [Downloadable!] (restricted)
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  6. Martine Durand & Jacques Simon & Colin Webb, 1992. "OECD's Indicators of International Trade and Competitiveness," OECD Economics Department Working Papers 120, OECD, Economics Department. [Downloadable!]
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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. Patrick McCloughan, 2005. "What’s Been Happening To Concentration in Irish Industry 1991-2001," The Economic and Social Review, Economic and Social Studies, vol. 36(2), pages 127-156. [Downloadable!]
  2. J Peter Neary, 2005. "Measuring Competitiveness," Working Papers 200521, School Of Economics, University College Dublin. [Downloadable!]
    Other versions:
  3. Herman Z. Bennett & Ziga Zarnic, 2008. "International Competitiveness of the Mediterranean Quartet:A Heterogeneous-Product Approach," IMF Working Papers 08/240, International Monetary Fund. [Downloadable!]
    Other versions:
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This page was last updated on 2009-12-30.

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