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Peripherality in Economic Geography and Modern Growth Theory: Evidence from Ireland's Adjustment to Free Trade

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  • Frank Barry

Abstract

In light of the ambiguous convergence experience of peripheral regions in the EU and in the post-war world economy, this paper studies the implications of some recent trend models that do not predict convergence as a necessary outcome of market integration. These models are then confronted with data on the Irish experience under free trade. The Irish case is arguably of general interest because it has served as one of the longest-running examples of the type of outward-oriented strategies recommended for developing countries by international institutions such as World Bank and the IMF. The purpose of the paper is twofold: to identify lacunae in the recent theoretical analyses and to develop further insights into the structural transformation of a peripheral economy.
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  • Frank Barry, 1996. "Peripherality in Economic Geography and Modern Growth Theory: Evidence from Ireland's Adjustment to Free Trade," The World Economy, Wiley Blackwell, vol. 19(3), pages 345-365, May.
    • Handle: RePEc:bla:worlde:v:19:y:1996:i:3:p:345-365
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    References listed on IDEAS

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    1. Damien Neven & Claudine Gouymte, 1995. "Regional Convergence in the European Community," Journal of Common Market Studies, Wiley Blackwell, vol. 33(1), pages 47-65, March.
    2. Walsh, Brendan, 1993. "The Contribution of Human Capital Formation to Post-War Economic Growth in Ireland," CEPR Discussion Papers 819, C.E.P.R. Discussion Papers.
    3. Brendan M. Walsh, 1993. "The contribution of human capital formation to post-war economic growth in Ireland," Working Papers 199308, School of Economics, University College Dublin.
    4. Krugman, Paul & Venables, Anthony J., 1996. "Integration, specialization, and adjustment," European Economic Review, Elsevier, vol. 40(3-5), pages 959-967, April.
    5. Aisling J. Reynolds-Feighan & Joe Durkan, 1992. "Irish manufacturers' transport costs : results of two surveys," Open Access publications 10197/113, School of Economics, University College Dublin.
    6. Frank Barry & John Bradley & Kieran Anthony Kennedy & Nuala O'Donnell, 1994. "Labour market performance in the EU periphery : lessons and implications," Working Papers 199403, School of Economics, University College Dublin.
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    Cited by:

    1. MacKellar, Landis & Woergoetter, Andreas & Woerz, Julia, 2000. "Economic Development Problems of Landlocked Countries," Transition Economics Series 14, Institute for Advanced Studies.
    2. Valerie Cerra & Jarkko Soikkeli & Sweta C. Saxena, 2003. "How Competitive is Irish Manufacturing?," The Economic and Social Review, Economic and Social Studies, vol. 34(2), pages 173-193.
    3. Kaminski, Bartlomiej & de la Rocha, Manuel, 2003. "Stabilization and association process in the Banlkans : integration options and their assessment," Policy Research Working Paper Series 3108, The World Bank.
    4. John Bradley, 2008. "National and Regional Development Policy: Comparing Ireland and Poland," Gospodarka Narodowa. The Polish Journal of Economics, Warsaw School of Economics, issue 1-2, pages 1-15.
    5. Rossitsa Rangelova, 1999. "Endogenous Growth Theory: Rise and Developments," Economic Studies journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 3, pages 3-27.
    6. Pedro Lains, 2006. "Growth in the ‘Cohesion Countries’: the Irish tortoise and the Portuguese hare, 1979-2002," Working Papers de Economia (Economics Working Papers) 37, Departamento de Economia, Gestão e Engenharia Industrial, Universidade de Aveiro.
    7. Bradley, John & Modesto, Leonor & Sosvilla-Rivero, Simon, 1995. "HERMIN : A macroeconometric modelling framework for the EU periphery," Economic Modelling, Elsevier, vol. 12(3), pages 221-247, July.
    8. Frank Barry, 2000. "Foreign direct investment, cost competitiveness and the transformation of the Irish economy," Development Southern Africa, Taylor & Francis Journals, vol. 17(3), pages 289-305.
    9. Rossitsa Rangelova, 1999. "Economic Growth in Transition CEECs: Implications for and of Modern Growth Theory," ERI-BAS Chapters, in: Mitko Dimitrov & Wladimir Andreff & Laszlo Csaba (ed.), Economies in Transition and the Variety of Capitalisms. Features, Changes, Convergence, edition 1, chapter 12, pages 102-126, Bulgarian Academy of Sciences - Economic Research Institute.
    10. Crafts, Nicholas, 2008. "The Celtic Tiger In Historical And International Perspective," Economic Research Papers 269878, University of Warwick - Department of Economics.
    11. Andrew Mold & Rodgers Mukwaya, 2015. "The Effects of the Tripartite Free Trade Area: Towards a New Economic Geography in Southern, Eastern and Northern Africa?," Discussion Papers 2015-04, University of Nottingham, CREDIT.
    12. Barry, Frank & Walsh, Frank, 2008. "Gains and losses from sectoral relocation: A review of theory and empirics," Structural Change and Economic Dynamics, Elsevier, vol. 19(1), pages 4-16, March.

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