Oireachtas Joint and Select Committees

Thursday, 28 November 2019

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Impact of Brexit on Ireland's Economy: Economic and Social Research Institute

Dr. Martina Lawless:

We take the estimates built from the micro-analysis of which products are affected and how we expect that to affect demand. We produce estimates of the extent to which trade, foreign direct investment and consumer prices will be affected. The macro model takes all those inputs and feeds them through all the other channels through which they affect overall employment, other sectors of the economy and so on to give an overall, macro number.

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