14th Annual NERI Labour Market Conference - Session 1C - Resilience - Mr. Michael Taft

14th Annual NERI Labour Market Conference - Session 1C - Resilience - Mr. Michael Taft

Humanities, Social Sciences & Thought Economics & Finance KCEconomicsKCFLabour
🎙 Michael Taft 👥 133 📅 May 29, 2026 ⏱ 16 min 👁 32 📄 original study 🧭 2026-08-16
Available in: English (current) Français

Keywords

productivityIrelanddomestic economycomparative analysislabour market

Summary

Michael Taft presents an update on productivity in Ireland’s domestically owned market economy, comparing it with other small advanced open economies in Europe. Using Eurostat data and national accounts, he measures business productivity (value added per hour worked) for the period 2021-2023. The analysis shows that Ireland’s domestic sector productivity is 19-20% below the weighted average of peer countries, a widening gap from the pre-COVID period. Sectoral comparisons reveal strengths in professional and scientific activities, but significant weaknesses in construction, transport, and food and drink. Low business investment and R&D expenditure are identified as key factors, with investment misallocated towards low-value sectors. The presentation concludes with a call to define deficits, investigate causes, and develop strategies with stakeholder participation.

119 words

Critical Evaluation

Value of the Information & Strength of the Argument

The presentation provides valuable empirical evidence on Ireland’s domestic productivity gap, using robust comparative methodology. The argument is well-structured, moving from overall trends to sectoral analysis and then to explanatory factors. The use of weighted averages and real/nominal comparisons adds rigor. However, the presentation does not delve into causal explanations, and some data limitations are acknowledged but not fully addressed.

Scientific Rigor, Source Quality, Title Accuracy

The analysis relies on official Eurostat and CSO data, which are credible sources. The methodology is transparent, with caveats about data comparability. The title accurately reflects the content, focusing on resilience and productivity. No external sources are cited beyond the presentation link, but the data sources are appropriate for the analysis.

126 words

Title / Content Match

The title accurately reflects the content, which focuses on resilience and productivity in Ireland's domestic economy.

Quality & Reliability

7/10

Presentation based on official Eurostat and CSO data, with transparent methodology and clear caveats. However, it is a conference presentation without peer review, and some data limitations are acknowledged.

Key Moments

Cited Sources

Concurring Sources

  • NERI - Productivity in Ireland's domestically owned market economy — Previous NERI research on the same topic, likely supporting the findings.

Contribution & Novelties

This presentation provides an updated comparative analysis of productivity in Ireland’s domestic economy, highlighting a widening gap with peer countries. It offers sectoral insights and identifies key deficits in investment and R&D.

Pour aller plus loin :

  • Eurostat - Business demography and productivity — Relevant for understanding the data source.
  • CSO - Productivity in Ireland — Official Irish data on productivity.
  • OECD - Productivity and jobs in a globalised economy — Broader context on productivity determinants.

76 words

Radar Profile

The radar profile shows high scores in information quantity and quality, with moderate technical level and reliability. This indicates a well-researched presentation with solid data, but not highly technical or peer-reviewed.

Reliability 7/10