This paper is the first effort to analyze the intangible investments of the Finnish non-financial business sector in 19752005 with a heretofore unseen scope of intangible investments in line with the definition of Corrado, Hulten and Sichel (2005, 2006). Not only GDP but also investments have...

Finnish value added per hour in 1997 was lower than it was in EU15, the US, Germany and Sweden. In manufacturing and in five of its sub-industries, as well as in construction and wholesale the Finnish level of labour productivity was higher than in the aforementioned countries. Finnish labour...

The purpose of this paper is to estimate the effect of durable goods and ICT on Euro Area economic growth and productivity change; when expenditure on consumer durables is recorded as capital investment. The capitalization of consumer durables impacts both the levels and growth rates of the...