The Effect of Real Exchange Rate Movements on the Life Expectancy of Manufacturing Plants in Ireland, 1973-94
AbstractWe estimate the factors that affect the life expectancy of plants operating in the manufacturing sector of Ireland over the period 1980-1994. Our results suggest that real exchange rate appreciations have caused a great number of infant mortalities in domestic plants both in the traditional and high tech sectors over this period. Real effective exchange rate movements are estimated to have no effect on the plant life expectancy of foreign owned firms. Domestic plants operating in the high-tech sector are estimated to have a higher life expectancy than those operating in the traditional sector. In addition, the real exchange rate effect on the survival rates of domestic plants in the R&D intensive sectors even though significant is weaker compared with the traditional sector.
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Bibliographic InfoPaper provided by Trinity College Dublin, Department of Economics in its series Economics Technical Papers with number 977.
Date of creation: 1997
Date of revision:
Find related papers by JEL classification:
- F41 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Open Economy Macroeconomics
- L60 - Industrial Organization - - Industry Studies: Manufacturing - - - General
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- Allan Kearns & Frances Ruane, 1998. "The Post-Entry Performance of Irish Plants: Does a plant's Technological Activity Matter?," Economics Technical Papers 9820, Trinity College Dublin, Department of Economics.
- Kearns, Allan & Ruane, Frances, 2001.
"The tangible contribution of R&D-spending foreign-owned plants to a host region: a plant level study of the Irish manufacturing sector (1980-1996),"
Elsevier, vol. 30(2), pages 227-244, February.
- Kearns, A & Ruane, F, 1999. "The Tangible Contribution of R&D Spending Foreign-Owned Plants to a Host Region: a Plant Level Study of the Irish Manufacturing Sector (1980-1996)," Trinity Economics Papers 997, Trinity College Dublin, Department of Economics.
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