Publications

Building on Complementary Assets in a Unified TCP/IP World

Berkeley Roundtable on the International Economy (BRIE) Working Paper Series No. 204 Publication year: 2012 Pages: 35 Language: English Other articles 616  

The Economic Impacts of EU Climate Policy

Abstract: The study evaluates the impacts of EU climate policy on the emission allowance price, electricity prices, the competitiveness of industry and macroeconomic developments in the third EU emissions 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

ICT and occupation-based measures of organisational change: Firm and employee outcomes

Abstract: To examine the productivity, employment and wage effects of ICT, we apply novel occupation based measures of organisational change within firms. With these measures, we directly address the complementarities between ICT and organisational changes. Our results support the view that organisational change complements ICT investments in a productivity-enhancing manner. In particular, the ICT-driven productivity

Micro-components of aggregate wage dynamics

Abstract: We propose an approach for measuring and analyzing the dynamics of standard aggregate wage growth of macro statistics with micro-data. Our method decomposes aggregate wage growth to the wage growth of job stayers and to various terms related to job and worker restructuring. This method produces explicit expressions with clear interpretations for the various

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