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Regional and institutional influences on the determinants of long-term economic growth in the OECD.

Hiddink, Christian - Valtion taloudellinen tutkimuskeskus (VATT), Government … - 1996

This paper examines regional and institutional influences on the determinants of long-term economic growth in the OECD. We construct a growth equation based on the new growth model of Barro with a catch-up variable, total investments, total tax revenues exclusive social security benefits,...

Persistent link: https://www.econbiz.de/10005545916

EU-Enlargement and Beyond: A Simulation Study on EU and Russia Integration

Sulamaa, Pekka; Widgrén, Mika - Valtion taloudellinen tutkimuskeskus (VATT), Government … - 2004

integration between the EU and Russia contributes to this. The analysis is carried out with GTAP computable general equilibrium … Union. EU-Russia integration, on the other hand, has different impact. To be beneficial for Russia free trade between the EU … and Russia requires improved productivity in the latter, which may be due to better institutions or increased FDI. This …

Persistent link: https://www.econbiz.de/10005545835

Individual Trade Policies in EU - The Case of Car Markets

Drei, Paola - Valtion taloudellinen tutkimuskeskus (VATT), Government … - 1995

This paper examines the possibilities of EU member countries to pursue individual trade policies after implementation of the single market. Having reviewed the relevant changes in the institutional framework formed by GATT and EU legistlation, we examine the car market as a special case. We find...

Persistent link: https://www.econbiz.de/10005545839

Is there Room for Manouvre in Finnish Economic Policy?

Leppänen, Seppo - Valtion taloudellinen tutkimuskeskus (VATT), Government … - 1997

The Finnish economy has experienced an incredible shock in the first part of the 1990s. The 12 per cent decline in Finland?s GDP between 1991 and 1993 led to a sharp rise in unemployment from 3.5 per cent in 1990 to 18 per cent in 1993. The credibility of the Finnish economic policy has improved...

Persistent link: https://www.econbiz.de/10005545857

Regulation by Price or by Command

Amihai, Glazer - Valtion taloudellinen tutkimuskeskus (VATT), Government … - 1995

Persistent link: https://www.econbiz.de/10005545910

Finnish Experiences in Measuring and Promoting Productivity in the Public Sector

Hjerppe, Reino; Luoma, Kalevi - Valtion taloudellinen tutkimuskeskus (VATT), Government … - 1997

This paper presents a survey of the studies that have investigated productivity and efficiency in the Finnish public sector. The paper outlines methods that have been used in these studies and presents summaries of main finding. In addition suggestions and reflections on how to take quality into...

Persistent link: https://www.econbiz.de/10005545914

Growth and Employment in Nordic Welfare States in the 1990s: a Tale of Crisis and Revival

Kiander, Jaakko - Valtion taloudellinen tutkimuskeskus (VATT), Government … - 2004

This paper reviews the macroeconomic performance of the so called Nordic welfare states, especially in terms of growth and employment. In the post-war years the Nordic economies enjoyed rapid growth and full employment. At the same time, under the rule of Social Democratic governments they also...

Persistent link: https://www.econbiz.de/10005545922

Bequests and Cost-Benefit Analysis

Niskanen, Esko; Glazer, Amihai; Kanniainen, Vesa - Valtion taloudellinen tutkimuskeskus (VATT), Government … - 1996

Consider a public project which produces a consumption good and which benefits future generations. Let a conventional cost-benefit analysis find that it gives higher benelits than projects it would displace in the private sector. Voters may nevertheless oppose the public project. The cause of...

Persistent link: https://www.econbiz.de/10005545928

Social Security Funds, Payroll Tax Adjustment and Real Exchange Rate: The Finnish Model

Kiander, Jaakko; Holm, Pasi; Tossavainen, Pekka - Valtion taloudellinen tutkimuskeskus (VATT), Government … - 1999

This paper presents the Finnish system of EMU buffer funds. The idea of the buffer funds is to finance temporary reductions of payroll taxes in a case of asymmetric shock facing the economy. It is well-known that by adjusting payroll taxes it is possible to change real exchange rate, provided...

Persistent link: https://www.econbiz.de/10005545938

Does the Size of the Legislature Affect the Size of Government? Evidence from Two Natural Experiments

Pettersson-Lidbom, Per - Valtion taloudellinen tutkimuskeskus (VATT), Government … - 2004

Previous empirical studies have found a positive relationship between the size of legislature and the size of government. Those studies, however, do not adequately address the concerns of endogeneity. In contrast, this paper uses variation in legislature size induced by statutory council size...

Persistent link: https://www.econbiz.de/10005545943