Ville Kaitila

We analyse foreign-owned companies operating in Finland and compare them with domestic non-multinational firms while controlling separately for domestic multinational firms. The statistical and micro-econometric analysis is done using Statistics Finland data that contain all firms with at least ten employees in 1998–2008, partly in 1995–2010. We also control for a number of exogenous factors.

We analyse common stylized facts of services firms engaged in trade in a comparative study across four EU member countries. We find that, though relatively less engaged in trade than manufacturing firms, services firms have similar traits. Services firms are more likely to import than to export. Their prevalent type of trade is trade in

We establish a set of stylised facts for trade and trading firms in five market services sectors using comparable firm-level and services data from four EU countries. Our analysis shows that exports account for much lower shares of overall sales in the services sectors than in manufacturing. In line with this there are also fewer

VATT Working Papers No 37 Publication year: 2012 Pages: 72 Language: English Other articles 602

The report looks at investment activity in Finland by industries and types of investment, and makes international comparisons. Investment rate (fixed investment in relation to GDP) fell in Finland in the early 1990s from an internationally high level to the average West European rate. Among key factors behind the structural change were opening up of

The focus of the research is on economic relations between Finland and the United States as well as their effects on the Finnish economy and Finnish-owned firms. A substantial share of the effects are transmitted through indirect channels. In the beginning the roles of the United States in world output, trade and foreign direct investment