Comments on: Measuring Ireland’s Progress http://www.irisheconomy.ie/index.php/2009/08/12/measuring-irelands-progress/ Mon, 21 May 2012 20:04:22 +0000 http://wordpress.org/?v=2.6.3 By: Graham Stull http://www.irisheconomy.ie/index.php/2009/08/12/measuring-irelands-progress/#comment-12227 Graham Stull Thu, 13 Aug 2009 19:17:59 +0000 http://www.irisheconomy.ie/?p=3418#comment-12227 I agree with you. We still have a long way to go and competition policy will have an important role to play. I agree with you. We still have a long way to go and competition policy will have an important role to play.

]]> By: Paul Hunt http://www.irisheconomy.ie/index.php/2009/08/12/measuring-irelands-progress/#comment-12211 Paul Hunt Thu, 13 Aug 2009 16:37:53 +0000 http://www.irisheconomy.ie/?p=3418#comment-12211 @Graham, Accepted. But I still think we should consider the height from which we are descending. And I find the detailed sub-indices quite informative: http://www.cso.ie/px/pxeirestat/Dialog/varval.asp?ma=CPM09&ti=Consumer+Price+Index+by+Detailed+Sub+Indices,+Month+and+Statistic&path=../Database/Eirestat/Consumer%20Prices/&lang=1 The biggest falls are where some degree of competition is working; the biggest increases where implicit taxes are levied or restrictive practices/monopoly power exists. @Graham,

Accepted. But I still think we should consider the height from which we are descending. And I find the detailed sub-indices quite informative:
http://www.cso.ie/px/pxeirestat/Dialog/varval.asp?ma=CPM09&ti=Consumer+Price+Index+by+Detailed+Sub+Indices,+Month+and+Statistic&path=../Database/Eirestat/Consumer%20Prices/&lang=1

The biggest falls are where some degree of competition is working; the biggest increases where implicit taxes are levied or restrictive practices/monopoly power exists.

]]> By: Graham Stull http://www.irisheconomy.ie/index.php/2009/08/12/measuring-irelands-progress/#comment-12201 Graham Stull Thu, 13 Aug 2009 15:41:19 +0000 http://www.irisheconomy.ie/?p=3418#comment-12201 @ Paul Ah yes, but today's latest price index figures are out - Ireland is leading the HICP table in deflation too...year on year of something like - 2.6%: http://www.cso.ie/releasespublications/documents/prices/current/cpi.pdf @ Paul

Ah yes, but today’s latest price index figures are out - Ireland is leading the HICP table in deflation too…year on year of something like - 2.6%:

http://www.cso.ie/releasespublications/documents/prices/current/cpi.pdf

]]> By: Paul Hunt http://www.irisheconomy.ie/index.php/2009/08/12/measuring-irelands-progress/#comment-12184 Paul Hunt Thu, 13 Aug 2009 13:31:40 +0000 http://www.irisheconomy.ie/?p=3418#comment-12184 @Philip, Many thanks for bringing this treasure-trove to our attention. Even though I have seen some of the data previously I was particularly taken by the comparative price levels in Figs. 1.21 and 1.22. Ireland jostling with Finland and Denmark to be top of the EU league should be enough to justify some very useful and timely economic research. Given the popular perception of high levels of both direct and indirect taxation in Denmark and Finland, it would be interesting to see how much they contribute to these price levels and, in the Irish context, how much, in addition to indirect taxes, implicit taxes and competition and regulatory policy failures contribute. If someone would pay me enough, I'd probably have a go, but I have no comparative advantage... Would it fit into any of your - or your colleagues - research programmes? @Philip,

Many thanks for bringing this treasure-trove to our attention.

Even though I have seen some of the data previously I was particularly taken by the comparative price levels in Figs. 1.21 and 1.22. Ireland jostling with Finland and Denmark to be top of the EU league should be enough to justify some very useful and timely economic research. Given the popular perception of high levels of both direct and indirect taxation in Denmark and Finland, it would be interesting to see how much they contribute to these price levels and, in the Irish context, how much, in addition to indirect taxes, implicit taxes and competition and regulatory policy failures contribute.

If someone would pay me enough, I’d probably have a go, but I have no comparative advantage…

Would it fit into any of your - or your colleagues - research programmes?

]]> By: Graham Stull http://www.irisheconomy.ie/index.php/2009/08/12/measuring-irelands-progress/#comment-12165 Graham Stull Thu, 13 Aug 2009 12:30:06 +0000 http://www.irisheconomy.ie/?p=3418#comment-12165 What an incredibly useful document. Thank you, Philip. What an incredibly useful document. Thank you, Philip.

]]> By: jim http://www.irisheconomy.ie/index.php/2009/08/12/measuring-irelands-progress/#comment-12104 jim Wed, 12 Aug 2009 21:41:42 +0000 http://www.irisheconomy.ie/?p=3418#comment-12104 Thanks for the post Philip,it will take till Christmas to digest it.Usefull resource. Thanks for the post Philip,it will take till Christmas to digest it.Usefull resource.

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