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Spillovers to Ireland, Daniel Kanda

Abstract
This paper discusses Ireland's trade and financial linkages with key partner countries, and uses a vector autoregression to examine the impact of shocks to partner country GDP and shocks to Irish competitiveness on Irish GDP. Two main findings are that shocks to U.S. GDP have a larger impact on Irish GDP than shocks to the euro area or the U.K. Also, the share of the variance of Irish GDP explained by shocks to competitiveness rises with the forecast horizon, suggesting that past erosion of competitiveness may yet have a more substantial impact on economic activity
Table Of Contents
Contents; I. Background; II. Linkages with Partner Countries; Figures; 1; 2; 3; III. Econometric Analysis Using a VAR; 4; 5; IV. Policy Implications and Concluding Remarks; Appendix; Description of data used in the VAR; References
Language
eng
Literary Form
non fiction
Note
Description based upon print version of record
Physical Description
1 online resource (22 p.)
Specific Material Designation
remote
Form Of Item
online
Isbn
9786613829375

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