IDEAS home Printed from https://ideas.repec.org/p/tcd/tcduee/9910.html
   My bibliography  Save this paper

European Integration and Peripherality: Are There Lessons from Ireland

Author

Abstract

This paper suggests that the process of economic integration can generate positive effects for peripheral economies by increasing their attractiveness as a production base for multinational companies. Such investment is likely in the case of goods for which transportation costs are relatively low. Our analysis shows that US investment in Ireland illustrates this process, having increased considerably after 1992, in particular in the "weightless" electronics sector. It shows, however, that o other peripheral countries in the EU, namely Greece, Portugal and Spain, have not been successful in attracting a proportionate share of the increased US investment following the process of integration. This suggests that economic integration may be a necessary, but not a sufficient condition for a peripheral country to attract MNCs; other variables such as language and culture, industrial policy and developing agglomerations also count.

Suggested Citation

  • G rg, H & Ruane, F, 1999. "European Integration and Peripherality: Are There Lessons from Ireland," Trinity Economics Papers 9910, Trinity College Dublin, Department of Economics.
    • Handle: RePEc:tcd:tcduee:9910
    as

    Download full text from publisher

    File URL: http://www.tcd.ie/Economics/TEP/1999_papers/TEPNo10HG99.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Patrick Honohan, 1999. "Fiscal Adjustment and Disinflation in Ireland: Setting the Macro Basis of Economic Recovery and Expansion," Palgrave Macmillan Books, in: Frank Barry (ed.), Understanding Ireland’s Economic Growth, chapter 4, pages 75-98, Palgrave Macmillan.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. John FitzGerald & Philip Lane, 2016. "Fiscal Policy and Financial Distress: A Balance Sheet Perspective," Trinity Economics Papers tep0216, Trinity College Dublin, Department of Economics.
    2. Sebastian Hauptmeier & Martin Heipertz & Ludger Schuknecht, 2007. "Expenditure Reform in Industrialised Countries: A Case-Study Approach," Fiscal Studies, Institute for Fiscal Studies, vol. 28(3), pages 293-342, September.
    3. Brendan M. Walsh, 2003. "Taxation and foreign direct investment in Ireland," Open Access publications 10197/1602, School of Economics, University College Dublin.
    4. International Monetary Fund, 2004. "Bulgaria: Selected Issues and Statistical Appendix," IMF Staff Country Reports 2004/177, International Monetary Fund.
    5. Eoin O'Malley, 2012. "A Survey of Explanations for the Celtic Tiger Boom," The Institute for International Integration Studies Discussion Paper Series iiisdp417, IIIS.
    6. Callan, Tim & Keeney, Mary J. & Nolan, Brian & Walsh, John R., 2001. "Reforming Tax and Welfare," Research Series, Economic and Social Research Institute (ESRI), number PRS42.
    7. Kearney, Ide & McCoy, Daniel & Duffy, David & McMahon, Michael & Smyth, Diarmaid, 2000. "Assessing the Stance of Irish Fiscal Policy," Papers BP2001/1, Economic and Social Research Institute (ESRI).
    8. repec:esr:chaptr:jacb200113 is not listed on IDEAS
    9. Cormac Ó Gráda, 2002. "Is the Celtic Tiger a Paper Tiger?," Working Papers 200202, School of Economics, University College Dublin.
    10. Duffy, David & Hore, Jonathan & MacCoille, Conall & McCoy, Daniel, 2001. "Budget 2002: Macroeconomic Context and Fiscal Stance," Papers BP2002/1, Economic and Social Research Institute (ESRI).
    11. repec:esr:chaptr:jacb200010 is not listed on IDEAS
    12. FitzGerald, John & Kenny, Seán, 2018. "Managing a Century of Debt," Lund Papers in Economic History 171, Lund University, Department of Economic History.
    13. International Monetary Fund, 2004. "Ireland: Selected Issues," IMF Staff Country Reports 2004/349, International Monetary Fund.

    More about this item

    JEL classification:

    • F15 - International Economics - - Trade - - - Economic Integration
    • F20 - International Economics - - International Factor Movements and International Business - - - General
    • F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:tcd:tcduee:9910. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Colette Angelov (email available below). General contact details of provider: https://edirc.repec.org/data/detcdie.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.