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:

I do not particularly envisage that it will happen. One of our colleagues, Dr. Iulia Siedschlag, has done a great deal of work on what attracts foreign direct investment firms to locate in certain locations. Market size and access to the EU market are very important factors when companies from outside Europe are deciding where to locate.

Within Europe, corporate tax rate might become an element but the fact that they come to the EU initially relates to market size.

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