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Quarterly Economic Commentary, Autumn 2013

Duffy, David and FitzGerald, John and Timoney, Kevin and Byrne, David (2013) Quarterly Economic Commentary, Autumn 2013. [Working Paper]

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    Understanding the pattern of growth in the Irish economy is very difficult this year. Many of the key indicators that one would normally rely on are affected by special factors. In particular, the data for industrial output, exports and, hence, GDP, are driven by an exceptional fall in the profitability of the pharmaceutical sector, a fall which has little if any direct impact on Irish economic welfare in the short run. For this reason, in explaining the current trends in the Irish economy we concentrate on GNP as a measure of economic welfare, a measure which is largely unaffected this year by these special factors.

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    Item Type: Working Paper
    Subjects for non-EU documents: Countries > Ireland
    EU policies and themes > Policies & related activities > economic and financial affairs
    Subjects for EU documents: UNSPECIFIED
    EU Series and Periodicals: UNSPECIFIED
    EU Annual Reports: UNSPECIFIED
    Series: Series > Economic and Social Research Institute (ESRI), Dublin > ESRI Quarterly Economic Commentary
    Depositing User: Phil Wilkin
    Official EU Document: No
    Language: English
    Date Deposited: 12 Sep 2019 15:42
    Number of Pages: 107
    Last Modified: 12 Sep 2019 15:42

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