The editors of the Quarterly Ec:onomic Commentary make use of a variety of econometric models, de... more The editors of the Quarterly Ec:onomic Commentary make use of a variety of econometric models, developed in the past by the Institute, as a guide to forecasting. Such models indicate the implications of different assumptions about the course of the economy, the impact on the economy of extrapolated trends, and the consistency of the forecasts of the National Accounts components made in Section 2.2, both with themselves and with the experience embodied in the models. Following normal practice in the use of working models, it was decided to re-run the equations using the latest figures, and where possible to attempt an improvement in the models. Updating the models not only keeps them relevant to current conditions, but also serves as a check on the stability over time of the implied relationships
SIGLEAvailable from British Library Document Supply Centre-DSC:9350.10306(UCD-CER-WP--96/16) / BL... more SIGLEAvailable from British Library Document Supply Centre-DSC:9350.10306(UCD-CER-WP--96/16) / BLDSC - British Library Document Supply CentreGBUnited Kingdo
Building an econometric macro-mociel of any country involves a major commitment of resources--res... more Building an econometric macro-mociel of any country involves a major commitment of resources--research and clerical manpower, and computer time. This is so because, if it is to. be useful, the model must reflect as accurately · as possible, and in some detail, the complex interaction of forces that generate the time path of the national economy. This can only be done-if it can be done at all-by a close union of detailed, expert opinion on the structure of each sector of the economy and ingenious, tedious experimentation in the econometric field A model of the national economy. is more than a collection of sector by sector studies because great care must be taken t<f specify the interaction of the sectors, but the link between the macro-model builders and the economists who have specialised in various facets of the economy (such as consumptionsavings behaviour, price formation etc.) must be · very close. Since it may not be unreasonable to spend over a year producing a worthwhile ...
Irish manufacturing industry suffered a fall in its sales volume in 1975 over it's 1974 level... more Irish manufacturing industry suffered a fall in its sales volume in 1975 over it's 1974 level. In an effort to clarify the relative importance of price competitiveness vis a vis other factors, the authors conducted a survey amongst firms in Irish manufacturing industry in December 1975. The results indicate what managers of firms perceived as the reasons for their poor sales performance. The questions put, of their very nature require subjective answer. Thus, managers, when faced with a leftward shift in their firms demand curve, were asked to distinguish the separate effects of a fall in consumer demand, and of any loss of price competitiveness. An effort was also made to assess the degree of price responsiveness of demand amongst sectors in both domestic and export markets. The normal caveats about this type of subjective enquiry of course apply. The survey covered those firms which participate in the monthly CII/ESRI Business Opinion Survey. Of a total of 320 questionnaires d...
The Office commissioned this report to address the concerns raised by the hospitality sector prio... more The Office commissioned this report to address the concerns raised by the hospitality sector prior to the introduction of the smoke-free legislation. The report presents findings from a national survey of attitudes and opinions as carried out by TNS mrbi. A critical evaluation by two independent economists of published literature on the experiences of other countries that had introduced similar legislation formed the second part of this report. The report was published in February 2004.
Highlighting in this item renders some text unreadable. A hard copy is available in UCD Library a... more Highlighting in this item renders some text unreadable. A hard copy is available in UCD Library at GEN 330.08 IR/UNI
Abstract: This paper considers the move to protectionism in Ireland with the advent of the new go... more Abstract: This paper considers the move to protectionism in Ireland with the advent of the new government in 1932. Using material from an unpublished paper by Lemass the paper shows the logical basis of the protectionist policy adopted: designed as a means of increasing employment and possible development. This paper then places the collapse of protectionism in the late 1950s within the context of a general failure of protection to provide for development and a mismanaged macro-policy, leading to the acceptance of outward looking policies. I
Report of a Department of Education commissioned survey of unit costs of first and second level s... more Report of a Department of Education commissioned survey of unit costs of first and second level schools in 1990.
The international economic recovery became quite firmly established in 1983, with substantial gro... more The international economic recovery became quite firmly established in 1983, with substantial growth recorded in North America, Japan, and to a lesser extent the UK. Against this background, the decline in the Irish economy was halted, and substantial gains were made in several aspects. The overall growth rate was miniscule at about Y2 per cent, but there was a massive improvement in the balance of payments, a significant increase in industrial output, a marked reduction in the rate of inflation, some slowing down in the growth of unemployment, and a small reduction in tpe budget deficit as a proportion of Gross National Product. It seems likely that 1984 will see a continuation of most of these trends. Gross National Product should increase by about 2 per cent in volume, the current account balance of payments deficit should fall to around £50 million, and the increase in consumer prices should be held to about 8Y2 per cent. However, the indications are that progress will continue ...
The objectives of this paper are: i) to indicate the issues that are involved in the economic ana... more The objectives of this paper are: i) to indicate the issues that are involved in the economic analysis of health care; ii) to suggest appropriate methodologies for the evaluation of health care expenditure in the light of i) . The structure of the paper is as follows. In Section I the concept of the Demand for Health is introduced formally. This is then developed to derive the demand for health care within a framework of uncertainty, the existence of an agency relationship between suppliers of health care and consumers of health services and the emergence of the state as either the main agent or a very significant agent in the supply of health care. In Section 11 the choices confronting the State in the provision of health care are examined within the framework of cost-benefit, cost minimisation, cost effectiveness or cost utility analysis. The paper draws heavily on existing published work as given in the references and is not meant to be original but highlights the issues involved...
Highlighting in this item renders some text unreadable. A hard copy is available in UCD Library a... more Highlighting in this item renders some text unreadable. A hard copy is available in UCD Library at GEN 330.08 IR/UNI
The editors of the Quarterly Ec:onomic Commentary make use of a variety of econometric models, de... more The editors of the Quarterly Ec:onomic Commentary make use of a variety of econometric models, developed in the past by the Institute, as a guide to forecasting. Such models indicate the implications of different assumptions about the course of the economy, the impact on the economy of extrapolated trends, and the consistency of the forecasts of the National Accounts components made in Section 2.2, both with themselves and with the experience embodied in the models. Following normal practice in the use of working models, it was decided to re-run the equations using the latest figures, and where possible to attempt an improvement in the models. Updating the models not only keeps them relevant to current conditions, but also serves as a check on the stability over time of the implied relationships
SIGLEAvailable from British Library Document Supply Centre-DSC:9350.10306(UCD-CER-WP--96/16) / BL... more SIGLEAvailable from British Library Document Supply Centre-DSC:9350.10306(UCD-CER-WP--96/16) / BLDSC - British Library Document Supply CentreGBUnited Kingdo
Building an econometric macro-mociel of any country involves a major commitment of resources--res... more Building an econometric macro-mociel of any country involves a major commitment of resources--research and clerical manpower, and computer time. This is so because, if it is to. be useful, the model must reflect as accurately · as possible, and in some detail, the complex interaction of forces that generate the time path of the national economy. This can only be done-if it can be done at all-by a close union of detailed, expert opinion on the structure of each sector of the economy and ingenious, tedious experimentation in the econometric field A model of the national economy. is more than a collection of sector by sector studies because great care must be taken t<f specify the interaction of the sectors, but the link between the macro-model builders and the economists who have specialised in various facets of the economy (such as consumptionsavings behaviour, price formation etc.) must be · very close. Since it may not be unreasonable to spend over a year producing a worthwhile ...
Irish manufacturing industry suffered a fall in its sales volume in 1975 over it's 1974 level... more Irish manufacturing industry suffered a fall in its sales volume in 1975 over it's 1974 level. In an effort to clarify the relative importance of price competitiveness vis a vis other factors, the authors conducted a survey amongst firms in Irish manufacturing industry in December 1975. The results indicate what managers of firms perceived as the reasons for their poor sales performance. The questions put, of their very nature require subjective answer. Thus, managers, when faced with a leftward shift in their firms demand curve, were asked to distinguish the separate effects of a fall in consumer demand, and of any loss of price competitiveness. An effort was also made to assess the degree of price responsiveness of demand amongst sectors in both domestic and export markets. The normal caveats about this type of subjective enquiry of course apply. The survey covered those firms which participate in the monthly CII/ESRI Business Opinion Survey. Of a total of 320 questionnaires d...
The Office commissioned this report to address the concerns raised by the hospitality sector prio... more The Office commissioned this report to address the concerns raised by the hospitality sector prior to the introduction of the smoke-free legislation. The report presents findings from a national survey of attitudes and opinions as carried out by TNS mrbi. A critical evaluation by two independent economists of published literature on the experiences of other countries that had introduced similar legislation formed the second part of this report. The report was published in February 2004.
Highlighting in this item renders some text unreadable. A hard copy is available in UCD Library a... more Highlighting in this item renders some text unreadable. A hard copy is available in UCD Library at GEN 330.08 IR/UNI
Abstract: This paper considers the move to protectionism in Ireland with the advent of the new go... more Abstract: This paper considers the move to protectionism in Ireland with the advent of the new government in 1932. Using material from an unpublished paper by Lemass the paper shows the logical basis of the protectionist policy adopted: designed as a means of increasing employment and possible development. This paper then places the collapse of protectionism in the late 1950s within the context of a general failure of protection to provide for development and a mismanaged macro-policy, leading to the acceptance of outward looking policies. I
Report of a Department of Education commissioned survey of unit costs of first and second level s... more Report of a Department of Education commissioned survey of unit costs of first and second level schools in 1990.
The international economic recovery became quite firmly established in 1983, with substantial gro... more The international economic recovery became quite firmly established in 1983, with substantial growth recorded in North America, Japan, and to a lesser extent the UK. Against this background, the decline in the Irish economy was halted, and substantial gains were made in several aspects. The overall growth rate was miniscule at about Y2 per cent, but there was a massive improvement in the balance of payments, a significant increase in industrial output, a marked reduction in the rate of inflation, some slowing down in the growth of unemployment, and a small reduction in tpe budget deficit as a proportion of Gross National Product. It seems likely that 1984 will see a continuation of most of these trends. Gross National Product should increase by about 2 per cent in volume, the current account balance of payments deficit should fall to around £50 million, and the increase in consumer prices should be held to about 8Y2 per cent. However, the indications are that progress will continue ...
The objectives of this paper are: i) to indicate the issues that are involved in the economic ana... more The objectives of this paper are: i) to indicate the issues that are involved in the economic analysis of health care; ii) to suggest appropriate methodologies for the evaluation of health care expenditure in the light of i) . The structure of the paper is as follows. In Section I the concept of the Demand for Health is introduced formally. This is then developed to derive the demand for health care within a framework of uncertainty, the existence of an agency relationship between suppliers of health care and consumers of health services and the emergence of the state as either the main agent or a very significant agent in the supply of health care. In Section 11 the choices confronting the State in the provision of health care are examined within the framework of cost-benefit, cost minimisation, cost effectiveness or cost utility analysis. The paper draws heavily on existing published work as given in the references and is not meant to be original but highlights the issues involved...
Highlighting in this item renders some text unreadable. A hard copy is available in UCD Library a... more Highlighting in this item renders some text unreadable. A hard copy is available in UCD Library at GEN 330.08 IR/UNI
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