Richard Boyd Barrett (Dún Laoghaire, People Before Profit Alliance) | Oireachtas source

On our productivity figures, how distorted would Professor Clinch say Irish productivity figures are by the presence and domination of a small number of information technology, IT, multinationals? We have had to develop a new measure of the economy, namely GNI* because of the distortions created by their predominance. I put it to Professor Clinch that we need a "productivity*" measure of Irish productivity because we cannot rely in any shape or form on the productivity figures as they are so distorted. I would like to hear Professor Clinch's comment on it. Is any work being done on some kind of accurate measure of productivity that strips out the distorting effects of those companies and gives us a real measure of productivity?