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The effect of real exchange rate movements on the life expectancy of manufacturing plants in Ireland, 1973-94
Author(s)
Date Issued
1997
Date Available
2009-04-03T15:24:20Z
Abstract
We 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.
Type of Material
Working Paper
Series
Trinity Economic Paper Series
No. 97/7
Classification
F41
L60
Subject – LCSH
Manufacturing industries--Ireland
Foreign exchange rates
Language
English
Status of Item
Not peer reviewed
This item is made available under a Creative Commons License
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