--- title: "What Would a Four-day Work Week Cost Finnish Exports? Factor Prices and Export Price Competitiveness" authors: - name: "Markkanen, Jaakko" url: "https://www.etla.fi/henkilot/markkanen-jaakko/" sameAs: - "https://orcid.org/0000-0002-4743-7790" - "https://scholar.google.com/citations?user=S810psIAAAAJ" - "https://x.com/JaakkoMarkkanen/" - "https://markkaj.github.io/" - name: "Siikanen, Markku" - name: "Valmari, Nelli" date_published: "2026-06-15" series: "ETLA Muistio - ETLA Brief" series_number: "184" issn: - "2323-2463" jel_codes: - "F12" - "F14" - "J22" - "L11" - "L52" language: "fi" publisher: "ETLA Economic Research" pdf_url: "https://www.etla.fi/wp-content/uploads/ETLA-Muistio-Brief-184.pdf" identifier: "https://www.etla.fi/julkaisut/id/ETLA-Muistio---ETLA-Brief-184" abstract_translations: en: "We assess what a four-day, 32-hour work week would cost Finland’s goods exports across nine large commodity markets. Absent a productivity gain that offsets the lost hours, it would cut export revenue substantially, by about €2.4 billion (-6.4%) over the sample period. In capital-intensive industries the cost increase could, at worst, push the least profitable producers out of the market. As a benchmark, we also assess the effects of Finland’s 2017–2019 Competitiveness Pact (kiky), which raised export revenue in these markets by about €239 million (+0.6%). The Sipilä government’s original, more ambitious package would have raised it even further, by roughly €442 million (+1.2%)." --- # What Would a Four-day Work Week Cost Finnish Exports? Factor Prices and Export Price Competitiveness **Published:** 2026-06-15 **Categories:** Briefs **URL:** https://www.etla.fi/en/publications/briefs/mita-nelipaivainen-tyoviikko-aiheuttaisi-suomen-viennille-tuotannontekijoiden-hinnat-ja-vientiyritysten-hintakilpailukyky/ #### Abstract We assess what a four-day, 32-hour work week would cost Finland’s goods exports across nine large commodity markets. Absent a productivity gain that offsets the lost hours, it would cut export revenue substantially, by about €2.4 billion (-6.4%) over the sample period. In capital-intensive industries the cost increase could, at worst, push the least profitable producers out of the market. As a benchmark, we also assess the effects of Finland’s 2017–2019 Competitiveness Pact (kiky), which raised export revenue in these markets by about €239 million (+0.6%). The Sipilä government’s original, more ambitious package would have raised it even further, by roughly €442 million (+1.2%). --- ## Additional Information **Kirjoittajat:** Markkanen, Jaakko - Siikanen, Markku - Valmari, Nelli **Kansikuva:** https://www.etla.fi/wp-content/uploads/etla-muistio-brief-184-kansi.jpg **Lataa Pdf:** https://www.etla.fi/wp-content/uploads/ETLA-Muistio-Brief-184.pdf **Key Words:** Four-day work week, Working time, Exports, Price competitiveness, Cost policy **Jel:** F12, F14, J22, L11, L52 **Paivays:** 15.06.2026 **Sivuja:** 8 **Kieli:** fi **Sarja:** ETLA Muistio - ETLA Brief **Sarja Nro:** 184 **Issn:** 2323-2463 **Saatavuus:** 2 ## Bibliographic metadata (JSON-LD) ```json { "@context": "https://schema.org", "@type": "ScholarlyArticle", "@id": "https://www.etla.fi/julkaisut/id/ETLA-Muistio---ETLA-Brief-184", "headline": "What Would a Four-day Work Week Cost Finnish Exports? Factor Prices and Export Price Competitiveness", "inLanguage": "fi", "publisher": { "@type": "Organization", "name": "ETLA Economic Research", "url": "https://www.etla.fi", "logo": { "@type": "ImageObject", "url": "https://www.etla.fi/wp-content/uploads/logo-etla_logo.svg" } }, "datePublished": "2026-06-15T00:00:00+00:00", "author": [ { "@type": "Person", "name": "Markkanen, Jaakko", "url": "https://www.etla.fi/henkilot/markkanen-jaakko/", "sameAs": [ "https://orcid.org/0000-0002-4743-7790", "https://scholar.google.com/citations?user=S810psIAAAAJ", "https://x.com/JaakkoMarkkanen/", "https://markkaj.github.io/" ] }, { "@type": "Person", "name": "Siikanen, Markku" }, { "@type": "Person", "name": "Valmari, Nelli" } ], "abstract": "", "keywords": [ { "@type": "DefinedTerm", "name": "Four-day work week", "@language": "en" }, { "@type": "DefinedTerm", "name": "Working time", "@language": "en" }, { "@type": "DefinedTerm", "name": "Exports", "@language": "en" }, { "@type": "DefinedTerm", "name": "Price competitiveness", "@language": "en" }, { "@type": "DefinedTerm", "name": "Cost policy", "@language": "en" } ], "isPartOf": { "@type": "PublicationIssue", "issueNumber": "184", "isPartOf": { "@type": "Periodical", "name": "ETLA Muistio - ETLA Brief", "issn": "2323-2463" } }, "mainEntityOfPage": "https://www.etla.fi/en/publications/briefs/mita-nelipaivainen-tyoviikko-aiheuttaisi-suomen-viennille-tuotannontekijoiden-hinnat-ja-vientiyritysten-hintakilpailukyky/", "url": "https://www.etla.fi/en/publications/briefs/mita-nelipaivainen-tyoviikko-aiheuttaisi-suomen-viennille-tuotannontekijoiden-hinnat-ja-vientiyritysten-hintakilpailukyky/", "hasPart": { "@type": "CreativeWork", "inLanguage": "en", "text": "We assess what a four-day, 32-hour work week would cost Finland’s goods exports across nine large commodity markets. Absent a productivity gain that offsets the lost hours, it would cut export revenue substantially, by about €2.4 billion (-6.4%) over the sample period. In capital-intensive industries the cost increase could, at worst, push the least profitable producers out of the market. As a benchmark, we also assess the effects of Finland’s 2017–2019 Competitiveness Pact (kiky), which raised export revenue in these markets by about €239 million (+0.6%). The Sipilä government’s original, more ambitious package would have raised it even further, by roughly €442 million (+1.2%).", "keywords": [ { "@type": "DefinedTerm", "name": "Four-day work week", "@language": "en" }, { "@type": "DefinedTerm", "name": "Working time", "@language": "en" }, { "@type": "DefinedTerm", "name": "Exports", "@language": "en" }, { "@type": "DefinedTerm", "name": "Price competitiveness", "@language": "en" }, { "@type": "DefinedTerm", "name": "Cost policy", "@language": "en" } ] }, "associatedMedia": { "@type": "MediaObject", "@id": "https://www.etla.fi/wp-content/uploads/ETLA-Muistio-Brief-184.pdf", "encodingFormat": "application/pdf", "contentUrl": "https://www.etla.fi/wp-content/uploads/ETLA-Muistio-Brief-184.pdf" }, "sameAs": [ "https://www.etla.fi/julkaisut/muistiot/mita-nelipaivainen-tyoviikko-aiheuttaisi-suomen-viennille-tuotannontekijoiden-hinnat-ja-vientiyritysten-hintakilpailukyky/", "https://www.etla.fi/en/publications/briefs/mita-nelipaivainen-tyoviikko-aiheuttaisi-suomen-viennille-tuotannontekijoiden-hinnat-ja-vientiyritysten-hintakilpailukyky/", "https://www.etla.fi/sv/publikationer/promemoria/mita-nelipaivainen-tyoviikko-aiheuttaisi-suomen-viennille-tuotannontekijoiden-hinnat-ja-vientiyritysten-hintakilpailukyky/" ] } ```