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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 capital stock, productivity and GDP. Our growth accounting … productivity growth in 1995-2004. ICTŽs impacts were larger, i.e., one-fifth of GVA growth and one-sixth of labour productivity …
Persistent link: https://www.econbiz.de/10005566090
cover essentially all firms in the Finnish business sector, we first document that labor productivity dispersion is very … market equilibrium and whether innovation subsidies can improve industry productivity by mitigating such a tax distortion. …
Persistent link: https://www.econbiz.de/10010987122
This report studies various categories of intangible investment in tandem with micro-level data available for research purposes at Statistics Finland. Already at the firm level the amount of intangible investment exceeds that of tangible investment, and taking it into account changes our...
Persistent link: https://www.econbiz.de/10005566024
Evaluating the possible consequences of R&D tax incentives before their introduction is challenging, not least because the details of the system remain unknown, and because the ultimate reactions and responses of various actors involved remain uncertain. In order to shed some light on the issue,...
Persistent link: https://www.econbiz.de/10005749367
This paper studies how firms contribute to the productivity growth of an industry over their lifecycle. We present a … decomposition method that allows us to condition the components of productivity growth on the age of production units. We find … effect is tightly related to the negative initial productivity effect of entry. We also find some evidence that productivity …
Persistent link: https://www.econbiz.de/10009144779
The study shows that the exceptional drop in volume of Finlands GDP in 2009 as much as 8 per cent was to a large extent due to huge decline in exports and production of one industry, ICT. The contribution of ICT (or electronics and electro-technical industry) to GDP decline was close to two...
Persistent link: https://www.econbiz.de/10008854228
This study conducts an international comparison of productivity and profitability. First, the level and growth of … productivity are compared in OECD countries for the period from 1975 to 2009. According to this comparison, productivity growth has … productivity, prices and labour compensation. The results show that profitability in Finnish manufacturing is competitive because …
Persistent link: https://www.econbiz.de/10009399070
We assess Finland’s competitiveness in the light of various, mainly short-term indicators. It turns out that the weak export market performance over the last few years is linked to the deterioration of profitability of production in Finland. A better export and employment performance requires...
Persistent link: https://www.econbiz.de/10010987113
productivity. An important issue, therefore, is how to measure allocative efficiency. We compare popular indicators of allocative … productivity and to the Olley-Pakes (OP) covariance component, which is currently the most popular measure of allocative efficiency …
Persistent link: https://www.econbiz.de/10010987367
We analyse the Sigma convergence (standard deviation divided by average) of purchasing power adjusted GDP per capita and GDP per hour worked in the European Union. We also link the development in income distribution as measured by Gini coefficients to convergence. With short pauses, there has...
Persistent link: https://www.econbiz.de/10010987370