The economic impact of EU’s climate policy by 2020 (in Finnish with English abstract)

Abstract: The study evaluates the impacts of EU climate policy on emission allowance price, electricity prices, the competitiveness of industry and macroeconomic developments in the third EU emission trading period 2013-2020. The economic impacts of climate policy on Finland are compared to the impacts on the entire EU area. It turns out that due to […]

Determinants for Foreign Direct Investment in the Baltic Sea Region

Abstract: We have defined the Baltic Sea Region as consisting of the following countries: Denmark, Estonia, Finland, Germany, Latvia, Lithuania, Poland, Sweden, and Russia. We investigate foreign direct investment (FDI) flows from 1995 to 2010 to these countries econometrically. We use two basic models: the first one treats aggregate FDI inflows by countries, and the […]

Silicon Valley is doing it again

San Francisco Daily Journal. Vol 118 No. 209, October 26, 2012      

Chaos or Turbulence in Digital Ecosystems: National and Global Responses

Due to the complexity of ICT systems and related technologies, considerable fixed and sunk costs in establishing ICT infrastructures (including systems software), as well as strong complementarities in provision and use of ICT, the competition in the ICT domain increasingly takes place, on the one hand, between ecosystems/platforms and, on the other hand, within an […]

Finland and Finnish Companies in Global Value Networks

An increasing share of products is developed in global value networks. To the competitiveness of individual national economies it is of pivotal importance where the value inherent in the products is generated. The study approaches the topic from two complementary perspectives that respectively focus on different phases in the industry and technology lifecycles. On the […]

New service economy – services as a source of productivity growth

A standard view on economic structure is still based on simplified three sector model: economy consists of primary production, industry, and services. In this model services are a “residual”, while the two others the source of goods and material well-being. The goods-services dichotomy has remained in spite of fundamental changes in economy. In modern economies […]

The economic impact of EU’s climate policy by 2020 (in Finnish with English abstract)

Abstract: The study evaluates the impacts of EU climate policy on emission allowance price, electricity prices, the competitiveness of industry and macroeconomic developments in the third EU emission trading period 2013-2020. The economic impacts of climate policy on Finland are compared to the impacts on the entire EU area. It turns out that due to […]

Determinants for Foreign Direct Investment in the Baltic Sea Region

Abstract: We have defined the Baltic Sea Region as consisting of the following countries: Denmark, Estonia, Finland, Germany, Latvia, Lithuania, Poland, Sweden, and Russia. We investigate foreign direct investment (FDI) flows from 1995 to 2010 to these countries econometrically. We use two basic models: the first one treats aggregate FDI inflows by countries, and the […]

Silicon Valley is doing it again

San Francisco Daily Journal. Vol 118 No. 209, October 26, 2012      

Chaos or Turbulence in Digital Ecosystems: National and Global Responses

Due to the complexity of ICT systems and related technologies, considerable fixed and sunk costs in establishing ICT infrastructures (including systems software), as well as strong complementarities in provision and use of ICT, the competition in the ICT domain increasingly takes place, on the one hand, between ecosystems/platforms and, on the other hand, within an […]

Finland and Finnish Companies in Global Value Networks

An increasing share of products is developed in global value networks. To the competitiveness of individual national economies it is of pivotal importance where the value inherent in the products is generated. The study approaches the topic from two complementary perspectives that respectively focus on different phases in the industry and technology lifecycles. On the […]

New service economy – services as a source of productivity growth

A standard view on economic structure is still based on simplified three sector model: economy consists of primary production, industry, and services. In this model services are a “residual”, while the two others the source of goods and material well-being. The goods-services dichotomy has remained in spite of fundamental changes in economy. In modern economies […]