This study simulates with two dynamic models the macroeconomic and public finance outcomes of a reduction in the corporate income tax rate in Finland. FOG-model is a dynamic CGE model, which is calibrated to the Finnish economy. NiGEM is a multi-country macroeconometric model. The results show...

The importance of our forests is growing. Forest industry has retained its vital position within Finnish economy, and it seems reasonable to assume our forests' value added will contribute to Finland's wealth also far into the future. Of more recent interest is the value of forests being...

The importance of our forests is growing. Forest industry has retained its vital position within Finnish economy, and it seems reasonable to assume our forests' value added will contribute to Finland's wealth also far into the future. Of more recent interest is the value of forests being...