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Special Articles

The following is a list of Special Articles that have been published in the ESRI's Quarterly Economic Commentary (QEC). Articles are published in the QEC in order to foster high-quality debate on various aspects of the Irish economy and Irish economic policy. The articles are authored by both ESRI researchers and researchers from outside the ESRI. All articles are refereed by a process overseen by an editorial board comprising academics from across Irish universities in order to ensure that they meet the highest academic standards. Whilst the ESRI has accepted the articles for publication, it does not accept responsibility for any views expressed in the published articles.


Title Author Date 
"An Analysis of the Potential of the European Commission Business and Consumer Surveys for Macroeconomic Forecasting"
special article in Quarterly Economic Commentary, Winter 2008, pp. 46-67   
Goggin,Jean    Dec-2008  
"An Empirical Analysis of Development Cycles in the Dublin Office Market 1976-2007"
special article in Quarterly Economic Commentary, Winter 2008, pp.68-92   
McCartney, John (formerly Head of Research at Lisney Estate Agents)    Dec-2008  
"An Analysis of Revisions to Growth Rates in the Irish Quarterly National Accounts"
special article in Quarterly Economic Commentary, Autumn 2008, pp.44-59   
Quill, Patrick (CSO)    Oct-2008  
"Ireland's Innovation Performance: 1991 to 2005"
special article in Quarterly Economic Commentary, Summer 2008   
Hewitt-Dundas, Nola (Queen's University Belfast) / Roper, Stephen (University of Warwick)    Jun-2008  
"The Decline of the Computer Hardware Sector: How Ireland Adjusted"
special article in Quarterly Economic Commentary, Spring 2008   
Barry, Frank (TCD) / Van Egeraat, Chris (NUI Maynooth)    Mar-2008  
"The Earnings of Immigrants in Ireland: Results from the 2005 EU Survey of Income and Living Conditions"
special article in Quarterly Economic Commentary, Winter 2007   
Barrett,Alan / McCarthy, Yvonne    Dec-2007  
"Hub Airport Slots, Market Exit and Irish Regional Economic Development"
special article in Quarterly Economic Commentary, Winter 2007   
Barrett, Sean D (TCD)    Dec-2007  
"Building for the Future? Interpreting an "Irish" Current Account Deficit"
special article in Quarterly Economic Commentary, Winter 2007   
O'Brien,Martin    Dec-2007  
"Irish Climate Policy for 2012: An Assessment"
special article in Quarterly Economic Commentary, Winter 2007   
Tol,Richard SJ    Dec-2007  
"Preserving Electricity Market Efficiency While Closing Ireland’s Capacity Gap"
special article in Quarterly Economic Commentary, Autumn 2007   
Lyons,Seán / Fitz Gerald,John / McCarthy, Niamh / Malaguzzi Valeri,Laura / Tol,Richard S.J.    Sep-2007  
"Consumption and House Prices in Ireland"
special article in Quarterly Economic Commentary, Autumn 2007   
Hogan, Vincent (UCD) / O'Sullivan, Pat (Bank of Ireland Private Banking)    Sep-2007  
"Owner-Occupied Housing Costs and Bias in the Consumer Price Index"
special article in ESRI Quarterly Economic Commentary, Autumn 2007   
McCarthy, Colm (UCD)    Sep-2007  
"On the Likely Extent of Falls in Irish House Prices"
special article in Quarterly Economic Commentary, Summer 2007   
Kelly, Morgan (UCD)    Jul-2007  
"Valuing Ireland's Pension System"
special article in Quarterly Economic Commentary, Summer 2007   
Whelan, Shane (UCD)    Jul-2007  
"Developments in Industrial Relations and Human Resource Management in Ireland"
special article in Quarterly Economic Commentary, Spring 2007   
Roche, William K (UCD)    Mar-2007  
"Macroeconomic Adjustment in Ireland under the EMU"
special article in Quarterly Economic Commentary, Spring 2007   
Traistaru-Siedschlag,Iulia    Mar-2007  
"Delayed Indefinitely: Regulatory Reform of the Irish Bus Industry"
special article in Quarterly Economic Commentary, Spring 2007   
Massey, Patrick (Compecon)    Mar-2007  
"To What Extent has Finance been a Driver of Ireland's Economic Success?"
special article in Quarterly Economic Commentary, Winter 2006   
Honohan, Patrick (Consultant Economist)    Dec-2006  
"Evaluating Transport 21 - Some Economic Aspects"
special article in Quarterly Economic Commentary, Winter 2006   
Barrett, Sean D (TCD)    Dec-2006  
"Electricity Shortages in Ireland: Likelihood and Consequences"
special Article in Quarterly Economic Commentary, Winter 2006   
Malaguzzi Valeri,Laura / Tol,Richard    Dec-2006  
"Does it Pay to Go Public? Public/Private Wage Differences among Recent Graduates in Ireland"
special article in Quarterly Economic Commentary, Autumn 2006   
O'Connell,Philip J / Russell,Helen    Oct-2006  
"Labour Market Adjustment in the Irish Regions, 1988-2005"
special article in Quarterly Economic Commentary, Autumn 2006   
Walsh,Brendan M (UCD)    Oct-2006  
"Comparison of Electricity Deregulation around the World and Implications for Ireland"
special article in Quarterly Economic Commentary, Autumn 2006   
Malaguzzi Valeri,Laura    Oct-2006  
"New Drivers of Growth? Sectoral Contributions to the Irish Economy"
special article in Quarterly Economic Commentary, Summer 2006   
O'Malley,Eoin / McCarthy,Yvonne    Jul-2006  
"Impact of the 2003 Mid-Term Review of the Common Agricultural Policy"
special article in Quarterly Economic Commentary, Spring 2006   
Dixon, Janine (TCD) / Matthews, Alan (TCD)    Apr-2006  
"Future Irish Growth: Opportunities, Catalysts, Constraints"
special article in Quarterly Economic Commentary, Winter 2005   
Barry, Frank (UCD)    Jan-2006  
"A Review of the Regulatory Environment for Bus Transport in Ireland"
special article in Quarterly Economic Commentary, Winter 2005   
Ribault-O'Reilly, Anne (The Competition Authority)    Jan-2006  
"Budget 2006: Impact on Income Distribution and Relative Income Poverty"
special article in Quarterly Economic Commentary, Winter 2005   
Callan, Tim / Walsh, John R / Coleman, Kieran    Jan-2006  
"Alternative Seasonal Adjustment Methods for Aggregate Irish Macroeconomic Data"
special article in Quarterly Economic Commentary, Autumn 2005   
Lawlor, John (DKM Economic Consultants) / McCarthy, Colm (DKM Economic Consultants)    Oct-2005  
"The Quarterly Economic Commentary Forecasting Record 1994 to 2004"
special article in Quarterly Economic Commentary, Autumn 2005   
Garrett, Shane    Oct-2005  
"Improving Irish Bus Markets: But not by Competition Alone"
special article in Quarterly Economic Commentary, Summer 2005   
Casey, J Jerome (Economic Consultant based in Dublin)    Jun-2005  
"The Roles of Interaction and Proximity for Innovation by Irish High-Technology Businesses: Policy Implications"
special article in Quarterly Economic Commentary, Summer 2005   
Jordan, Declan (UCC) / O'Leary, Eoin (UCC)    Jun-2005  
"Stability Pact Reform: A Look at "What might have been""
special article in Quarterly Economic Commentary, Summer 2005   
Coleman, Marc (Postgraduate Scholarship UCD)    Jun-2005  
"Developing an Evaluative Framework for Industrial Policy in Ireland: Fulfilling the Audit Trail or an Aid to Policy Development?"
special article in Quarterly Economic Commentary, Summer 2005   
Lenihan, Helena (University of Limerick) / Hart, Mark (Kingston University, London) / Roper, Stephen (Aston Business School, Birmingham)    Jun-2005  
"The Irish Housing Stock: Growth in Number of Vacant Dwellings"
special article in Quarterly Economic Commentary, Spring 2005   
Fitz Gerald, John    Mar-2005  
"Competitive Performance in Irish Industry"
special article in Quarterly Economic Commentary, Winter 2004   
O'Malley, Eoin    Dec-2004  
"Budget 2005: Impact on Income Distribution and Relative Income Poverty"
special article in Quarterly Economic Commentary, Winter 2004   
Callan, Tim / Walsh, John R / Coleman, Kieran    Dec-2004  
"Is Irish Utility Regulation Failing Consumers?"
special article in Quarterly Economic Commentary, Winter 2004   
Massey, Patrick (Compecon Ltd)    Dec-2004  
"Economic Change, Social Mobility and Meritocracy: Reflections on the Irish Experience"
special article in Quarterly Economic Commentary, Autumn 2004   
Whelan, Christopher T / Layte, Richard    Sep-2004  
"Bus Competition in Ireland - The Case for Market Forces"
special article in Quarterly Economic Commentary, Autumn 2004   
Barrett, Sean D (TCD)    Sep-2004  
"Health Spending and the Black Hole"
special article in Quarterly Economic Commentary, Autumn 2004   
Wren, Maev-Ann (Economist and editor of Village magazine)    Sep-2004  
"Public-Private Wage Differentials in Ireland, 1994-2001"
special article in Quarterly Economic Commentary, Summer 2004   
Boyle, Gerry (NUI, Maynooth) / McElligott, Rory (NUI, Maynooth) / O'Leary, Jim (NUI, Maynooth)    Jun-2004  
"An Economy-Wide Perspective on Earnings Data in Ireland"
special article in Quarterly Economic Commentary, Spring 2004   
Casey, Barra    Apr-2004  
"An Expensive Way to Combat Global Warming: Reform Needed in EU Emissions Trading Regime"
special article in Quarterly Economic Commentary, Spring 2004   
Fitz Gerald, John    Apr-2004  
"Volatility in Irish Quarterly Macroeconomic Data"
special article in Quarterly Economic Commentary, Spring 2004   
McCarthy, Colm (DKM Associates)    Apr-2004  
"Budget 2004: Impact on Income Distribution and Relative Income Poverty"
special article in Quarterly Economic Commentary, Winter 2003   
Callan, Tim / Keeney, Mary J. / Walsh, John R    Dec-2003  
"New Results on the Impact of the Minimum Wage on Irish Firms"
special article in Quarterly Economic Commentary, Winter 2003   
Nolan, Brian / Williams, James / Blackwell,Sylvia    Dec-2003  
"Will there be a Crash in Irish House Prices?"
special article in Quarterly Economic Commentary, Winter 2003   
Roche, Maurice (NUI, Maynooth)    Dec-2003  
"Political Corruption in Ireland: Policy Design as a Countermeasure"
special article in Quarterly Economic Commentary, Autumn 2003   
McCarthy, Colm (DKM Associates)    Oct-2003  
"The Irish Strategic Rail Review: A Critique"
special article in Quarterly Economic Commentary, Autumn 2003   
Barrett, Sean (TCD)    Oct-2003  
"Aspects of Regulatory Reform in the Irish Solicitor Profession: Review & Evaluation"
special article in Quarterly Economic Commentary, Summer 2003   
Shinnick, Edward (UCC)    Jul-2003  
"How Live is the Live Register and Other Puzzles in the Measurement of Unemployment"
special article in Quarterly Economic Commentary, Spring 2003   
Walsh, Brendan M (UCD)    Apr-2003  
"Financial Globalisation and the Irish Economy"
special article in Quarterly Economic Commentary, Spring 2003   
Lane, Philip R (TCD)    Apr-2003  
"The Scope and Limits of Competition and Regulation in the Irish Electricity Market"
special article in Quarterly Economic Commentary, Spring 2003   
Helm, Dieter (University of Oxford)    Apr-2003  
"Projecting Net Greenhouse Gas Emissions from Irish Agriculture and Forestry"
special article in Quarterly Economic Commentary, Spring 2003   
Behan, Jasmine (FAS) / McQuinn, Kieran (Central Bank of Ireland)    Apr-2003  
"Budget 2003: Analysis of the Distributional Impact"
special article in Quarterly Economic Commentary, Winter 2002   
Callan, Tim / Keeney, Mary J / Walsh,John R    Dec-2002  
"Why Does Ireland Still Do So Badly on the UN's Human Poverty Index?"
special article in Quarterly Economic Commentary, Autumn 2002   
Nolan, Brian    Oct-2002  
"A Descriptive Analysis of the Irish Housing Market"
special Article in Quarterly Economic Commentary, Summer 2002   
Duffy, David    Jul-2002  
"Interpreting Recent Developments in the Economy and Labour Market"
special article in Quarterly Economic Commentary, Spring 2002   
Sexton, J J    Apr-2002  
"Budget 2002: Analysis of the Distributional Impact"
special article in Quarterly Economic Commentary, December 2001   
Callan, Tim / Keeney, Mary J / Walsh, John R / Gannon, Brenda    Dec-2001  
"Will EU Enlargement Threaten Ireland's Foreign Direct Investment Inflows?"
special article in Quarterly Economic Commentary, December 2001   
Barry, Frank (UCD) / Hannan, Aoife (UCD)    Dec-2001  
"The Changing Responsiveness of Labour Supply during the 1990s"
special article in Quarterly Economic Commentary, December 2001   
Doris, Aedin (NUI, Maynooth)    Dec-2001  
"Fiscal Policy in a Monetary Union: the Case of Ireland"
special article in Quarterly Economic Commentary   
Fitz Gerald, John    Mar-2001  
"Inflation: Impact on the Retired"
special article in Quarterly Economic Commentary, December 2000   
Whelan, Shane F (Consultant Actuary)    Dec-2000  
"Options for Inflation Control"
special article in Quarterly Economic Commentary, September 2000   
McHale, John (Harvard University)    Sep-2000  
"Acceleration into Sprawl: Causes and Potential Policy Responses"
special article in Quarterly Economic Commentary, June 2000   
Williams, Brendan (DIT) / Shiels, Patrick (DIT)    Jun-2000  
"Irish Economy: Then, Now and Next"
special article in Quarterly Economic Commentary, December 1999   
Baker, T J    Dec-1999  
"A Review of Earnings Trends in the Irish Economy since 1987"
special article in Quarterly Economic Commentary, December 1999   
Sexton, Jerry / Nolan, Brian / McCormick, B    Dec-1999  
"The Asian Financial Crisis"
special article in Quarterly Economic Commentary, February 1999   
Kearney, Colm    Feb-1999  
"The Revival of Irish Indigenous Industry 1987-1997"
special article in Quarterly Economic Commentary, April 1998   
O'Malley, Eoin    Apr-1998  
"An Assessment of QEC Forecasts 1984-94"
ESRI Forecasting Series   
Baker, T J / Duggan, Delma    Nov-1995  
"Manufacturing Output and Employment by Market Area"
special article in Quarterly Economic Commentary, Spring 1993   
Baker, T J    Jun-1993  
"The Link between Irish and UK Unemployment"
special article in Quarterly Economic Commentary, Spring 1992   
Honohan, Patrick    May-1992  
"Assessment of QEC Forecasts, 1984-90"
special article in Quarterly Economic Commentary, Spring 1991   
Baker, T J / Wren, Anne    Jan-1991  
"Medium-Term Prospects for Ireland: An Update"
special article in Quarterly Economic Commentary, April 1990   
Bradley, John / Fitz Gerald, John    Apr-1990  
"Exchange Rates and Competitiveness"
special article in Quarterly Economic Commentary, October 1988   
Massey, Patrick (DKM Economic Consultants)    Oct-1988  
"Making Economic Time-Series Available to Users of Micro-Computers in Ireland"
special article in Quarterly Economic Commentary, October 1987   
Fitz Gerald, John    Oct-1987  
"Real Gross National Disposable Income Adjusted for Terms of Trade 1970-1984"
special article in Quarterly Economic Commentary, April 1986   
Punch, Aidan (CSO)    Apr-1986  
"The Revised CII-ESRI Survey - A Note"
special article in Quarterly Economic Commentary, July 1985   
Scott, Susan    Jul-1985  
"Seasonality in the Business Survey"
special article in Quarterly Economic Commentary, July 1985   
Conniffe, Denis    Jul-1985  
"The Value of Cost Benefit Analysis of Road Projects"
special article in Quarterly Economic Commentary, April 1985   
Mansergh, Nicholas (Cork Corporation)    Apr-1985  
"Comment on 'The Value of Cost Benefit Analysis of Road Projects'
special article in Quarterly Economic Commentary, April 1985   
Barrett, Sean (TCD)    Apr-1985  
"Recent Changes in Irish Fertility"
special article in Quarterly Economic Commentary, May 1984   
Sexton, Jerry / Dillon, M    May-1984  
"The Evolution of the Rate of Unemployment in Ireland 1962-1983"
special article in Quarterly Economic Commentary, May 1984   
Honohan, Patrick (Economic Advisor to the Taoiseach)    May-1984  
"The Naas Motorway Bypass - A Cost Benefit Analysis"
special article in ESRI Quarterly Economic Commentary, January 1984   
Barrett, Sean D (TCD) / Mooney, David (TCD)    Jan-1984  
"Export Tourism Input-Output Multipliers in Ireland - A Reply"
special article in ESRI Quarterly Economic Commentary, November 1983   
Palmer, Noel T (UCD)    Nov-1983  
"Export Tourism: Rejoinder to Palmer"
special article in ESRI Quarterly Economic Commentary, November 1983   
Norton, Desmond A G (UCD)    Nov-1983  
"Private Sector Credit, Policy and Enforcement: 1978-1982
special article in ESRI Quarterly Economic Commentary, May 1983   
Leddin, Anthony (NIHE, Limerick)    May-1983  
"Irish Manufacturing Industry - Recent Wage, Price and Productivity Developments"
special article in ESRI Quarterly Economic Commentary, December1982   
Keenan, J G (Central Bank of Ireland)    Dec-1982  
"Sectoral Changes in the Labour Force over the Period 1961-1980 with Particular Reference to Public Sector and Services Employment"
special article in Quarterly Economic Commentary, August 1982   
Sexton, Jerry    Aug-1982  
"Export Tourism Input-Output Multipliers for Ireland"
special article in ESRI Quarterly Economic Commentary, May 1982   
Norton, Desmond A G (UCD)    May-1982  
"A Study of Labour Force Flows 1961-80"
special article in ESRI Quarterly Economic Commentary, May 1982   
Sexton, J J / Walsh, B M (UCD)    May-1982  
"Competitiveness Indices for Irish Manufactured Exports"
special article in ESRI Quarterly Economic Commentary, July 1981   
O'Leary, Jim    Jul-1981  
"Government Borrowing, Bank Liquidity and Interest Rates"
special article in ESRI Quarterly Economic Commentary, January 1981   
Conway, John (Investment Bank of Ireland, Ltd)    Jan-1981  
"Recent Trends in Monetary Policy: Some Further Considerations"
special article in ESRI Quarterly Economic Commentary, September 1980   
Kenneally, Martin    Sep-1980  
"The Building Society Mortgage Market in Ireland"
special article in ESRI Quarterly Economic Commentary, September 1980   
O'Loughlin, Brian    Sep-1980  
"Economic Aspects of the Irish Exchange Control Regime"
special article in ESRI Quarterly Economic Commentary, April 1980   
Kelleher, R / McCarthy, C    Apr-1980  
"Seasonality and Other Components of the Irish Unemployment Series"
special article in ESRI Quarterly Economic Commentary, April 1980   
O'Reilly, L (Central Bank of Ireland) / Gray, A (Central Bank of Ireland)    Apr-1980  
"Recent Trends in Monetary Policy"
special article in ESRI Quarterly Economic Commentary, January 1980   
Kelleher, R    Jan-1980  
"Project Analysis and Industrial Employment in Ireland"
special article in ESRI Quarterly Economic Commentary, June 1979   
Ruane, Frances (TCD)    Jun-1979  
"An Econometric Model of Non-Agricultural Stock Changes"
special article in ESRI Quarterly Economic Commentary, December 1977   
McCarthy, Colm (Central Bank of Ireland)    Dec-1977  
"Unemployment, Vacancies, and "Full Employment" in the Irish Manufacturing Sector"
special article in ESRI Quarterly Economic Commentary, June 1977   
Walsh, Brendan M    Jun-1977  
"Inter-Industry Differences in Male Percentage Unemployment Compensation - A Cross Section Analysis for Irish Manufacturing Industry"
special article in ESRI Quarterly Economic Commentary, November 1976   
Kirwan, F (The Fraser of Allander Institute)    Nov-1976  
"The 'CUB' Budget as a Measure of Fiscal Policy"
special article in ESRI Quarterly Economic Commentary, January 1976   
Tussing, A Dale    Jan-1976  
"Seasonality and Unemployment in Ireland"
special article in ESRI Quarterly Economic Commentary, October 1975   
Dowling, Brendan R    Oct-1975  
"The Consumer Price Index and Different Household Expenditure Patterns"
special article in Quarterly Economic Commentary, October 1975   
Kennedy, Kieran A / Bruton, R    Oct-1975  
"The C.I.I.- E.S.R.I. Quarterly and Monthly Surveys of Business Attitudes: Methods and Uses"
special article in ESRI Quarterly Economic Commentary, March 1975   
Neary, Peter    Mar-1975  
"Estimated Price Increases Due to Higher Costs of Petroleum and Other Imports, as Calculated from a 38-Sector 1968 Input-Output Model"
special article in Quarterly Economic Commentary, March 1974   
Henry, E W / Scott, Susan    Mar-1974  
"Quarterly Non-Agricultural Stock Statistics: A Pilot Inquiry"
special article in Quarterly Economic Commentary, January 1973   
Geary, Roy C    Jan-1973  
"A Study of Consumer Prices, Part 3"
special article in Quarterly Economic Commentary, October 1972   
Baker, Terence J / Neary, Peter    Oct-1972  
"A Study of Consumer Prices. Part 2"
special article in Quarterly Economic Commentary, October 1971   
Baker, Terence J / Neary, Peter    Oct-1971  
"A Study of Consumer Prices, Part 1"
special article in Quarterly Economic Commentary, March 1971   
Baker, Terence J / Neary, Peter    Mar-1971  
"A Study of Imports, Part 5. Total Imports"
special article in Quarterly Economic Commentary, December 1970   
Baker, Terence J / Durkan, J / Neary, Peter    Dec-1970  
"The Updating of Certain Econometric Models"
special article in Quarterly Economic Commentary, September 1970   
Baker, Terence J / Durkan, J    Sep-1970  
"Econometric Macro-Model Building in the Irish Context"
special article in Quarterly Economic Commentary, June 1970   
Walsh, Brendan M    Jun-1970  
"A Study of Imports, Part 4. Producer Capital Goods Ready for Use"
special article in Quarterly Economic Commentary, March 1970   
Baker, Terence J / Durkan, J    Mar-1970  
"A Study of Imports, Part 3. Materials for Further Non Agricultural Production"
special article in Quarterly Economic Commentary, December 1969   
Baker, Terence J / Durkan, J    Dec-1969  
"A Study of Imports, Part 2. Consumer Goods"
special article in Quarterly Economic Commentary, September 1969   
Baker, Terence J / Durkan, J    Sep-1969  
"A Study of Imports, Part 1"
special article in Quarterly Economic Commentary, May 1969   
Baker, Terence J / Durkan, J    May-1969  
"An Analysis of Industrial Exports"
special article in Quarterly Economic Commentary, January 1969   
Baker, Terence J    Jan-1969