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firms. Using data on Finnish firms that are mostly private and small, we first estimate ‘excess growth’ made possible by … external finance. We then show that the excess growth is associated with the quality of disclosure, and that at least a part of … the association arises because firms with excess growth self-select. Interestingly, the association also seems to be …
Persistent link: https://www.econbiz.de/10010285049
The report analyses the impacts of globalization on competitiveness of national economies, industries and firms. The focus is in mechanical and electrical engineering and machinery. Global division of labor has significantly changed over the past few decades when the large emerging economies -...
Persistent link: https://www.econbiz.de/10010333094
We characterize increases and decreases in plant-product -level output sales in the Finnish manufacturing sector during years 2006 to 2015. We show that during the recession of 2008 to 2009, the intensity of variation in plant-product -level sales diminished, and it took several years until the...
Persistent link: https://www.econbiz.de/10012037692
technological change and productivity growth takes place in an economy. Quite normally, some 30-50% of an industry's productivity … growth is due to this particular mechanism. Disruptions to this mechanism would have considerable effects on productivity … growth and thereby the improvement of living standards. …
Persistent link: https://www.econbiz.de/10010272996
technological change and productivity growth takes place in an economy. Quite normally, some 30-50% of an industry's productivity … growth is due to this particular mechanism. Disruptions to this mechanism would have considerable effects on productivity … growth and thereby the improvement of living standards. -- Job and worker flows ; working conditions ; productivity …
Persistent link: https://www.econbiz.de/10003692344
The report analyses the impacts of globalization on competitiveness of national economies, industries and firms. The focus is in mechanical and electrical engineering and machinery. Global division of labor has significantly changed over the past few decades when the large emerging economies -...
Persistent link: https://www.econbiz.de/10009248067
International literature suggests that productivity growth of the global frontier firms – those in the best five …
Persistent link: https://www.econbiz.de/10012037697
Corporate investment is crucial for productivity growth. When economic growth is sluggish and productivity growth weak … connection between public indebtedness and productivity growth from the point of view of private investment. According to … existing economic research, public debt crowds out private investment slowing down both economic and productivity growth. Our …
Persistent link: https://www.econbiz.de/10014278317
Toimiva kilpailu on talous- ja tuottavuuskasvun perusedellytys. Markkinoiden toimivuudesta huolehtiminen on myös suomalaisen elinkeinopolitiikan prioriteeteissa nostettu korkealle. Tästä huolimatta kilpailusta ja sen voimakkuudesta tiedetään todellisuudessa vähän. Tässä selvityksessä...
Persistent link: https://www.econbiz.de/10010284934
can compensate the relatively low growth rates, Finland should be able to attract the multinational pulp and paper …
Persistent link: https://www.econbiz.de/10010285101