Now showing 1 - 10 of 43
  • Publication
    Product characteristics and the growth of FDI
    (University College Dublin. School of Economics, 2003-02) ;
    FDI and the activities of foreign affiliate firms have grown dramatically in recent decades, both in absolute terms and as a share of world GDP. Most explanations of this phenomenon focus on the impact of the macroeconomic environment on the choices facing individual firms over whether or not to engage in FDI. We focus instead on the characteristics of demand for the products produced in sectors known to be conducive to FDI. These characteristics are shown to help explain the recent growth in the FDI-to-GDP ratio.
      300
  • Publication
    A note on transfer pricing and the R&D intensity of Irish manufacturing
    (University College Dublin. School of Economics, 2002-11)
    Ireland’s low corporation tax regime has proved especially attractive to foreign multinational companies operating in high-tech sectors. Ireland’s increasing concentration in such sectors has facilitated the country’s rise in the international R&D rankings. On a sector by sector basis however, R&D expenditures in Ireland remain low by international standards. This has led to questions about whether the health of the country’s R&D environment matches the technological orientation of its industry, and about the commitment of the foreign sector to R&D activities in host economies such as Ireland. The present note focuses on the transfer pricing behaviour that tends to arise in a low corporation tax regime, and shows that a simple correction for transfer pricing reveals Ireland to be less of an outlier in terms of sectoral R&D expenditures than the conventional measures suggest.
      469
  • Publication
    Foreign direct investment and institutional co-evolution in Ireland
    (University College Dublin. School of Economics, 2006-02)
    Ireland was one of the first countries in the world to adopt an FDI-oriented development strategy. It remains to this day the most FDI-intensive economy in Europe. These factors have helped configure the institutional structure of the economy to be able to respond rapidly to changes in the nature and requirements of the type of global FDI that an economy with Ireland’s advantages (and disadvantages) could reasonably hope to attract. This paper analyses the changing characteristics of European-bound FDI since the 1960s and the co-evolution of Irish development strategy.
      1519
  • Publication
    The Single Market and the geographical diversification of leading firms in the EU
    (University College Dublin. School of Economics, 2003-02) ;
    Geographical diversification describes the degree to which a firm’s operations in a particular industry are dispersed across countries. This paper presents evidence on the geographical diversification within the EU of the 290-odd largest manufacturing firms in Europe. We also explore how geographical diversification changed with the introduction of the Single Market. We highlight differences between firms’ home and foreign operations and study the variation across sectors and across EU countries. Ireland, which began its rapid FDI-fuelled convergence on average EU living standards over our data period, emerges as a special case and receives particular attention.
      385
  • Publication
    Labour market performance in the EU periphery : lessons and implications
    (University College Dublin. School of Economics, 1994-03) ; ; ;
    The problems and challenges addressed in the Commission's White Paper on "Growth, Competitiveness, Employment" affects the peripheral member states acutely, and in a way that differs considerably from how the richer, more developed, core members are affected. To set the scene for our reflections on the White Paper, we briefly examine the economic context and the key stylised facts of the four main EU peripheral economies (Greece, Ireland, Portugal and Spain), and question whether much of the existing econometrics research literature presents a useful picture of how policies should be design to address their labour market and competitiveness problems. We then explore the relevance of the White Paper analysis and policy proposals, and deduce that a very different focus is required when moving from the core to the periphery. We conclude with an outline of the types of policy issues that arise in the periphery in assisting its transition to a higher level of development and a more satisfactory and robust labour market performance.
      227
  • Publication
    The evolution of Zambia's macroeconomic crisis, 1970-90
    (University College Dublin. School of Economics, 1990-07)
      124
  • Publication
    Industrialisation strategies : lessons from the Irish experience
    (University College Dublin. School of Economics, 1990)
    A hard copy is available in UCD Library at GEN 330.08 IR/UNI
      274
  • Publication
    Enlargement and the European geography of the Information Technology sector
    (University College Dublin. School of Economics, 2004-03) ;
    The information technology sector in Europe, comprising the production of computer hardware and software, is disproportionately located on the continent’s western periphery. The vast bulk of computers sold in Europe in the 1990s were assembled either in Ireland or Scotland, while Ireland also accounted for over 40 percent of all packaged software and 60 percent of all business software sold in Europe. As the sector in both these locations is largely foreign owned, the question arises as to whether EU enlargement might impact on the geography of the sector by diverting information technology FDI from the western to the new eastern periphery. This issue is explored in the present paper by analysis of five individual sub-segments: computer assembly and electronic components, R&D, mass market packaged software and the remainder of the software sector.
      838