ESRI Working Papers
Recent Submissions
-
Crisis, Response and Distributional Impact: The Case of Ireland
(ESRI, 20/06/2013)Ireland is one of the countries most severely affected by the Great Recession. National income fell by more than 10 per cent between 2007 and 2012, as a result of the bursting of a remarkable property bubble, an exceptionally ... -
Climate policy, interconnection and carbon leakage: the effect of unilateral UK policy on electricity and GHG emissions in Ireland
(ESRI, 10/06/2013)This paper examines the effect on Ireland?s Single Electricity Market (SEM) of the UK?s unilateral policy to implement a carbon price floor for electricity generation based on fossil-fuel. We simulate electricity markets ... -
Decomposing patterns of emission intensity in the EU and China: how much does trade matter?
(ESRI, 26/07/2013)This paper uses data from the World Input Output Database (WIOD) to examine channels through which CO2 emissions are embodied within and imported into the European production process. We apply a metric to calculate sectoral ... -
Sentencing in Criminal Cartel Cases in Ireland: the Duffy Judgment
(ESRI, 03/12/2012)Despite 33 convictions of individuals and firms for criminal cartel offences in Ireland since 1996, there is only one reported judgment. The paper examines the Duffy judgment concerning a member of the Citroen motor vehicle ... -
Consumption in Ireland: Evidence from the Household Budget Surveys, 1994-95 to 2004-05
(ESRI, 08/08/2012)This paper analyses consumption in Ireland using household survey data. Studying surveys from 1994-95, 1999-2000 and 2004-05, we find that the median non-mortgage household tended to consume more than disposable income in ... -
Currency intervention and the global portfolio balance effect: Japanese lessons
(ESRI, 15/10/2012)This paper shows that the Japanese foreign exchange interventions in 2003/04 seem to have lowered long-term interest rates in a wide range of countries, including Japan. It seems that this decline was triggered by the ... -
Combining Public Sector and Economic Reform
(2012)This paper argues that it is important for public sector reform to be undertaken in tandem with economic reform because the two reform agendas overlap. Ignoring the overlap could lead to services being delivered efficiently ... -
The Effect of Real Exchange Rate Changes on Labour Productivity Growth
(ESRI, 08/08/2012)We examine the effect of changes in international competitiveness on labour productivity growth through three channels: (i) export, (ii) import, and (iii) import competition. Using micro data from the Irish manufacturing ... -
Distance Effects, Social Class and the Decision to Participate in Higher Education in Ireland
(2012)While a number of international studies have attempted to assess the influence of geographic accessibility on the decision to participate in higher education, this issue has not been addressed in detail in an Irish context. ... -
Employment Protection and Innovation Intensity
(2012)We examine the impact of the strictness of employment protection legislation on innovation intensity. To this purpose, we use a panel of annual data from OECD countries over the period 1990-1999 and estimate difference-i ... -
The Incentive to Invest in Thermal Plants in the Presence of Wind Generation
(ESRI, 18/12/2012)In a deregulated market, the decision to build new thermal power plants rests with private investors and they will decide whether to invest on the basis of expected profits. This paper evaluates how such profits are affected ... -
Globalisation and Ireland s Export Performance
(ESRI, 26/03/2013)This paper provides empirical evidence on Ireland?s export performance in the context of increased globalisation over the past ten years. Using insights from recent contributions to international trade and economic growth ... -
Irish and British Historical Electricity Prices and Implications for the Future
(ESRI, 10/04/2013)This paper compares retail and wholesale electricity prices in SEM, the market of the island of Ireland, and BETTA in Great Britain. Wholesale costs are much lower in BETTA. We show that this is mostly because the wholesale ... -
The US and Ireland Approach to Sentencing in Cartel Cases: the Citroen Case
(ESRI, 29/01/2013)Developing a coherent evidence based methodology for determining sanctions in cartel cases is vitally important for robust cartel enforcement in Ireland. This methodology should take into account aggravating/mitigating ... -
User Cost of Debt-Financed Capital in Irish Manufacturing Industry: 1985 2011
(ESRI, 07/02/2013)This paper provides estimates of the cost of debt-financed capital to Irish manufacturing industry over the period 1985 to 2011. The estimates are provided for two types of capital assets, machinery and equipment and ... -
Euro area CDS spreads in the crisis: The role of open market operations and contagion
(ESRI, 07/02/2013)This paper studies euro area CDS spreads during the financial crisis. We examine the impact of the crisis on both commercial banks and sovereigns, and focus on two questions. First, have the ECB?s open market operations ...