Economics Research Collection

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UCD Centre for Economic Research coordinates the research activities of UCD School of Economics. Research papers cover all aspects of theoretical and empirical economics, with special emphasis on the fields in which the School is particularly strong: economic history, international economics, labour economics and current policy issues in the Irish and international economies.


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Now showing 1 - 5 of 465
  • Publication
    Back to school: Labor-market returns to higher vocational schooling
    This paper examines the labor-market returns to a new form of postsecondary vocational education: vocational master's degrees. We use individual fixed effects models on a matched sample of students and non-students from Finland to capture any time-invariant differences across individuals. We find that attendance in vocational master's programs leads to an earnings increase of more than seven percent five years after entry. The estimated effect remains positive even if selection on unobservables is twice as strong as selection on observables. Earnings gains are similar by gender and age, but they are marginally higher for those in the health sector than for those in the business or technology and trades sector.
      29Scopus© Citations 10
  • Publication
    Rugby's Celtic fringe goes global – an economic analysis of the Pro14
    Purpose: The introduction of professionalism in 1995 posed serious challenges for Rugby Union in Ireland, Scotland and Wales given their limited fan bases and broadcast markets. It led to the creation of a new league, the Pro14, with teams from all three countries. The paper asks whether the Pro14 has been a success and whether it might offer lessons for other sports. It thus seeks to extend the knowledge base on professional team sports and derive lessons for management of professional sports leagues in small countries. Design/methodology/approach: The authors analyse Pro14 performance using a range of metrics, including attendances, competitive balance and team performances, in European competitions. The authors also analyse the limited financial data available for Pro14 teams. Findings: Pro14 teams have competed successfully in European competition, offering support for claims that mergers of smaller country leagues could improve competitive balance in European soccer. The Pro14 has increased attendances through specific measures and increased broadcast income through geographic expansion. Many Pro14 teams have struggled financially. Several English and French rugby clubs have also experienced financial problems, suggesting that European rugby may need to introduce financial fair play rules (FFPs) similar to soccer. Practical implications: The paper has implications for the Pro14 and its member clubs, particularly with reference to competition design. It may also have lessons for European football where some have suggested that mergers of smaller country leagues could improve competitive balance in European competitions. Originality/value: The paper contributes to the academic discussion on professional team sports, particularly Rugby Union. The paper has implications for Pro14 clubs and league organisers, particularly with reference to competition design. It may also have lessons for European soccer where some have suggested that mergers of smaller country leagues could reduce the dominance of larger country leagues.
  • Publication
    Regional Knowledge Spaces: The Interplay of Entry-Relatedness and Entry-Potential for Technological Change and Growth
    (University College Dublin. Spatial Dynamics Lab, 2021-09-20) ; ; ;
    This paper aims to uncover the mechanism of how the network properties of regional knowledge spaces contribute to technological change from the perspective of regional knowledge entry-relatedness and regional knowledge entry-potential. Entry-relatedness, which has been previously employed to investigate the technology evolution of regional economies, is advanced by introducing a knowledge gravity model. The entry-potential of a newly acquired regional specialisation has been largely ignored in the relevant literature; surprisingly given the high relevance that is attributed to the recombination potential of new capabilities. In other words, just adding new knowledge domains to a system is not sufficient alone, it really depends on how these fit into the existing system and thus can generate wider economic benefits. Based on an empirical analysis of EU Metro and non-Metro regions from 1981 to 2015, we find that entry-relatedness has a significant negative association with novel inventive activities, while entry-potential has a significant positive association with the development of novel products and processes of economic value. This highlights that regions’ capacity to venture into high-potential areas of technological specialization in the knowledge space outperforms purely relatedness driven diversification that is frequently promoted in the relevant literature.
  • Publication
    Students as Partners in Peer Mentoring: Expectations, Experiences and Emotions
    Increasing emphasis in recent years has been placed on how faculty, staff and students in higher education can be drawn into more collaborative learning relationships through partnership working. The significant challenges in terms of negotiating shifting roles and responsibilities have been well documented. Less attention has been paid to the affective challenges, and particularly the emotional labour involved. This paper focuses on the adoption of a partnership approach to first year peer mentoring and orientation in a large Social Science programme. Peer mentors played a critical role as designers of the programme, as partners delivering the programme, and as co-researchers, offering a unique understanding and insight into aspects of the peer mentor experience that often remain hidden. Our findings draw attention to the need to consider and manage more carefully the impact of students on each other in mentoring relationships but also suggest an opportunity to harness the mentoring experience to embed a partnership culture more fully.
      137Scopus© Citations 2
  • Publication
    BMI mobility and obesity transitions among children in Ireland
    (Elsevier, 2020-08)
    This paper examines mobility and changes in Body Mass Index (BMI) for a sample of Irish children/adolescents across three waves of the longitudinal Growing Up in Ireland dataset. Particular attention is paid to transitions across the key BMI thresholds of overweight and obesity. Analysis is carried out by gender and by maternal education. In general, mobility is observed, with intra-generational rank-rank BMI coefficients of around 0.63 compared to coefficients of around 0.77 for the mothers of the children over the same time period. Across the distribution as a whole there is relatively little variation by gender and maternal education. However there a gender difference in terms of mobility out of obesity with the Shorrocks mobility index across categories of normal weight/overweight/obesity taking a value of 0.56 for females as opposed to 0.71 for males. This relative lack of mobility is more observed in later rather than earlier adolescence.
      86Scopus© Citations 3