Luke McGrath

Luke McGrath
Western Development Commission

Economist

About

18
Publications
1,141
Reads
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24
Citations
Citations since 2016
18 Research Items
24 Citations
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Introduction
Luke is an Economist within the Policy Analysis team at the Western Development Commission. He is also near completion of a Ph.D. at the Whitaker Institute in NUI Galway. He was previously an economist at the Department of Communications, Climate Action and the Environment. Areas of Interest: Regional Economic Development; Environmental Economics; Climate Economics; Energy Economics; Econometrics; Development Economics; Environmental/Ecosystem Accounting
Additional affiliations
May 2020 - present
Western Development Commission
Position
  • Economist
August 2015 - September 2017
Department of Communications, Climate Action and Environment
Position
  • Economist

Publications

Publications (18)
Technical Report
Full-text available
In June 2022, the CSO published preliminary results of the Census across a limited set of areas based on initial counts from more than 5,000 enumeration areas. The preliminary results will be subject to revision when the full results are published next year. It is nevertheless important to examine the preliminary results as they can be used to prov...
Presentation
Full-text available
Ireland’s first national well-being framework was announced in late 2021. This study offers a systematic review concerning two key missing links whose omission weakens the framework’s coherence. The first is the lack of clarity surrounding the concept of sustainable development leading to potential confusion between the trade-offs surrounding well-...
Article
After a century of Irish independence, this study constructs long run Genuine Savings estimates, a leading economic indicator of sustainable development, to reassess Irish economic history from the vantage of sustainable development. The main difference uncovered surrounds the post-1950 period where Ireland failed to achieve economic convergence an...
Article
Full-text available
This paper constructs measures of Genuine Savings (GS), the leading economic indicator of sustainable development, for 28 European economies from 1990 to 2016. The World Bank publishes GS estimates for most countries in the world. The World Bank’s estimates are extended to include local air pollutants (sulfur dioxide, non-metallic volatile organic...
Technical Report
Full-text available
One year on from the first national “lockdown” in Ireland, this report attempts to add to our understanding of the regional economic impact of COVID-19.This report details how the regional dynamics of the COVID-19 shock are influenced by pre-pandemic economic structures. Given these structures it should be unsurprising that the Western Region and A...
Article
Full-text available
Natural capital accounting allows for the integration of our natural assets within economic and political decision making, can improve natural resource governance and permits the development of environmentally adjusted macroeconomic indicators to serve as complements to Gross Domestic Product (GDP). The United Nations System of Environmental-Econom...
Article
Full-text available
Economists offer what is arguably the most internally consistent framework for sustainable development assessment, the so-called “capital approach”. To operationalise the capital approach, measures of the changes in comprehensive national wealth (Genuine Savings) are required. In this paper, we present estimates of Ireland’s Genuine Savings using t...
Article
Full-text available
The World Bank computes estimates of Genuine Savings (GS), a leading indicator of sustainable development, for most countries. A well-established literature has called for methodological enhancement. This paper presents augmented estimates of Irish GS throughout a period of unprecedented economic expansion and decline (1990–2016). A time-series con...
Presentation
Full-text available
The World Bank computes estimates of Genuine Savings (GS), a leading indicator of sustainable development, for most countries. A well-established literature has called for methodological enhancement. This paper presents augmented estimates of Irish GS throughout a period of unprecedented economic expansion and decline (1990 - 2016). A time-series c...

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Projects

Project (1)
Project
The research project, funded by the Irish Research Council (GOIPG/2018/1917), is centred on the empirical application and theoretical testing of Natural Capital/”Green” Accounting theory. Work has focused on the preparation of papers undertaking empirical applications for both Ireland and the European Union (EU). The core contribution is to construct a historical data-set of Ireland’s comprehensive wealth permitting econometric testing of the underlying theory of the leading economic indicator of sustainable development – “genuine savings” (GS).