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Pre-Famine Ireland is a byword for market failure and path dependence. Production of flax yarn and linen cloth was highly regulated and coordinated by the market rather than by firms. Contemporary political economists suggested that these institutional features provided evidence of...
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We apply an extension of the Rothbarth approach to estimate the share of household resources accruing to children (i.e., the cost of children) in Ireland. The method also allows us to identify the economies of scale in the household and indifference scales in Lewbel (2003)’s sense. A practical...
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We estimate the euro effect on Irish export patterns using a panel of industry data over the period 1993-2004. Our innovation is to account for country and industry specific omitted trending variables bias. We find that the euro effect on Irish exports to the euro area countries relative to the...
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