The comparative position of Irish manufacturing industry*. Fourth draft. ESRI Memorandum Series No. 2 1960(?)

Nevin, Edward (1960) The comparative position of Irish manufacturing industry*. Fourth draft. ESRI Memorandum Series No. 2 1960(?). [Policy Paper]

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Abstract

In this paper Dr Nevin assesses the competitive position of Irish manufacturing industry as a whole and in industrial groups on the basis mainly of census of production statistics for certain countries. His method is a very interesting one. On the basis of actual labour costs and the author’s own estimates of the stock of fixed capital, to which are applied a "normal" rate of return, in comparison with actual net output, he computes, in effect, the existing surplus return to capital as well as the probable return when tariff protection is withdrawn. This surplus "fat" or the lack of it is the measure of the relative viability of the industrial group.

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