How competitive is Irish manufacturing?
Item Type:Journal Article
Citation:Cerra, Valerie; Soikklei, Jarkko; Saxena, Sweta C. 'How competitive is Irish manufacturing?'. - Economic & Social Review, Vol. 34, No. 2, Summer/Autumn, 2003, pp. 173-193, Dublin: Economic & Social Research Institute
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Ireland experienced significant competitiveness gains in the 1990s on the basis of the standard manufacturing unit labour cost-based measure of the real effective exchange rate. A few 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.
Publisher:Economic & Social Research Institute
Type of material:Journal Article
Availability:Full text available