Written answers

Tuesday, 30 June 2015

Department of Jobs, Enterprise and Innovation

Transatlantic Trade and Investment Partnership

Photo of Peadar TóibínPeadar Tóibín (Meath West, Sinn Fein)
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299. To ask the Minister for Jobs, Enterprise and Innovation the reason the Copenhagen Economics "TTIP impact in Ireland" study commissioned by him used 2011 as a baseline year for all sectoral projections but 2013 as the baseline year for gross domestic product. [26396/15]

Photo of Richard BrutonRichard Bruton (Dublin North Central, Fine Gael)
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The Copenhagen Economics study commissioned by my Department uses baseline figures to facilitate comparison with the European Commission’s study, carried out by the Centre for Economic Policy Research. This approach was proposed by Copenhagen Economics and agreed by the Department. I am informed that in 2014 when Copenhagen Economics carried out the work, the large scale database used for these types of analyses (GTAP data) were available for 2011 as the latest year when it comes to the detailed sector data, and that this is still the case.

The Copenhagen Economics study was in the final stage of preparation at the end of 2014, at which time the 2013 figure of GDP was the most up-to-date figure available.

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