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How Competitive Is Irish Manufacturing?

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  • Ms. Valerie Cerra
  • Mr. Jarkko Soikkeli

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.

Suggested Citation

  • Ms. Valerie Cerra & Mr. Jarkko Soikkeli, 2002. "How Competitive Is Irish Manufacturing?," IMF Working Papers 2002/160, International Monetary Fund.
    • Handle: RePEc:imf:imfwpa:2002/160
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    References listed on IDEAS

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    Cited by:

    1. Nora Albu & Heike Joebges & Rudolf Zwiener, 2018. "Increasing competitiveness at any price?," IMK Working Paper 192-2018, IMK at the Hans Boeckler Foundation, Macroeconomic Policy Institute.
    2. Luis Rubalcaba & Gisela di Meglio & Stefano Visintin & Andrés Maroto & Jorge Gallego, 2008. "The Competitiveness of European Services," Working Papers 01/08, Instituto Universitario de Análisis Económico y Social.
    3. 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.
    4. O'Brien, Derry & Scally, John, 2012. "Cost Competitiveness and Export Performance of the Irish Economy," Quarterly Bulletin Articles, Central Bank of Ireland, pages 86-102, July.
    5. Kevin P. Heanue & David Jacobson, 2007. "Embeddedness and innovation in low and medium tech rural enterprises," Working Papers 0702, Rural Economy and Development Programme,Teagasc.
    6. O'Brien, Derry, 2010. "Measuring Ireland’s Price and Labour Cost Competitiveness," Quarterly Bulletin Articles, Central Bank of Ireland, pages 99-114, January.
    7. J. Peter Neary, 2006. "Measuring Competitiveness," The Economic and Social Review, Economic and Social Studies, vol. 37(2), pages 197-213.
    8. Aramburu Leunda, Aitor & Aramburu Leunda, Garbiñe, 2011. "Irlanda: euroa, higiezinen burbuila eta gaur egungo egoera," Revista de Dirección y Administración de Empresas, Universidad del País Vasco - Escuela Universitaria de Estudios Empresariales de San Sebastián.
    9. Mr. Jarkko Turunen & Mr. Richard T. Harmsen & Mr. Tamim Bayoumi, 2011. "Euro Area Export Performance and Competitiveness," IMF Working Papers 2011/140, International Monetary Fund.
    10. Mr. Herman Z Bennett & Ziga Zarnic, 2008. "International Competitiveness of the Mediterranean Quartet: A Heterogeneous-Product Approach," IMF Working Papers 2008/240, International Monetary Fund.

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