This study analyses the dynamics of productivity growth at the micro level in Finnish manufacturing industries. It is shown that productivity-enhancing restructuring (so-called “creative destruction”) has played a crucial role especially since the mid-1980s. Empirical evidence is provided...

This study evaluates the usefulness of different modifications of empirical models estimating the so-called Boone indicator for capturing changes in the intensity of competition. We use as “natural experiments” in this evaluation data from three cartel cases: i) international elevators and...

The study analyses the price formation and market functionality of the Finnish food chain. A significant portion of the report consists of international comparisons. The main comparison countries are the so-called old EU countries (EU15) of Western Europe, the new EU countries (EU12) and the...

This study examines how deregulation affects product market competition and thereby productivity. Productivity grows when firms ameliorate their performance, which they will be unwilling to do in the absence of competition. It obliges firms to renounce high rents and cut costs, which increases...

Competition in the Finnish Private Service Sector in International Comparison This study analyses whether the high consumer price level in Finland in relation to other EU countries can be explained by the lack of competition in the Finnish service sectors or by the lack of competitiveness or by...

Well functioning markets is a prerequisite for economic and productivity growth. Promotion of competitive markets takes a high priority in the Finnish industrial policy, too. Notwithstanding, information on actual functioning of markets is relatively limited. This study aims to outline...