Publications

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Digital Counterparts for Electric Vehicle Components: Pathways to Circular Operations Through Component Licensing and Product-in-use Renewal

Hölmström JanBallardini RosaHakanen EskoPäläs JennaSalmi MikaSeppälä Timo
Limited availability and high cost of critical raw materials obstruct the transition to electric vehicles, which is required for
Briefs 110

Industry Contracts, New Data Act and Digital Green Transition

Mattila JuriSeppälä TimoBützow AlexanderHynönen KallePuittinen Mika
In this brief, we analyze the implications of the new European Commission’s data act from the perspective of both
Briefs 109

What is a Scalable Business?

Ali-Yrkkö JyrkiHyytinen AriPajarinen MikaRouvinen Petri
Scalable business creates good opportunities for productivity growth. Unlike previous studies, in this study, scalability was defined through a
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COVID-19 Effects on the Economy in the Nordics

Virtanen Hanna
COVID-19 Effects on the Economy in the Nordics
Comment on C. Hall, I. Hardoy & M. Lundin: Schooling in the Nordic countries during the COVID-19 pandemic. Hall
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Digibarometer 2022: A Digital Green Transition

Mattila JuriPajarinen MikaSeppälä TimoVallin VeetiBützow AlexanderHynönen KallePuittinen Mika
Digibarometer 2022: A Digital Green Transition
Summary: Finland Still in the Second Place Finland ranks second in Digibarometer 2022, which compares 22 countries with a
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Team Finland Network – Significant Progress Made, But There Is Still Room for Improvement

Salminen VesaHalme KimmoRoiha UllaUitto HeidiKoski HeliPajarinen MikaYlhäinen Ilkka
Team Finland Network – Significant Progress Made, But There Is Still Room for Improvement
Promoting exports and internationalisation has long been one of the key policy areas in Finland. Programme of Prime Minister
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Evaluation of the Team Finland Network

Salminen VesaHalme KimmoRoiha UllaUitto HeidiKoski HeliPajarinen MikaYlhäinen Ilkka
Evaluation of the Team Finland Network
The evaluation assessed how the Team Finland network and its services meet the needs of companies and support their
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Misallocation of Labor and Capital in Finland’s Business Sector

Dai ShengKuosmanen NataliaKuosmanen Timo (ed.)Kuusi TeroLiesiö JuusoMaczulskij Terhi
Misallocation of Labor and Capital in Finland’s Business Sector
Misallocation of labor and capital has attracted considerable interest in economics, however, there is little empirical evidence from Finland’s
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Assessment of Support Policy during the Coronavirus Pandemic

Koski HeliKässi OttoRopponen OlliKarppinen Petja
Assessment of Support Policy during the Coronavirus Pandemic
The report reviews the support measures that were introduced for companies in Finland due to the coronavirus pandemic. The
Reports 129

The Life Insurance Gap in Finland

Ropponen OlliKuusi TeroValkonen Tarmo
This report employs individual-level register data to study the coverage and amounts of voluntary term life insurances, the monetary
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Effect of Secondary Education on Cognitive and Non-cognitive Skills

Ollikainen Jani-PetteriPekkarinen TuomasUusitalo RoopeVirtanen Hanna
Effect of Secondary Education on Cognitive and Non-cognitive Skills
We exploit admission cutoffs to secondary schools to study the effects of general academically oriented, versus vocational secondary schooling
Reports 128

Revisiting the Economic Impacts of the EU CBAM on Finland and the EU

Kaitila VilleKuusela Olli-PekkaKuusi TeroPohjola JohannaSoimakallio Sampo
We assess the potential impact of the EU carbon border adjustment mechanism (CBAM) based on the European Commission’s proposal
Briefs 108

Policy Brief: New Evidence on the Effect of Technology on Employment and Skill Demand

Hirvonen JohannesStenhammar AapoTuhkuri Joonas
How do new technologies such as robots affect the demand for work and skills? The common idea is that
Working Papers 93

New Evidence on the Effect of Technology on Employment and Skill Demand

Hirvonen JohannesStenhammar AapoTuhkuri Joonas
New Evidence on the Effect of Technology on Employment and Skill Demand
We present novel evidence on the effects of advanced technologies on employment, skill demand, and firm performance. The main
Reports 127

Public Debt and Economic Growth

Puonti Päivi
Public Debt and Economic Growth
Economics literature suggests that, even in the absence of fiscal costs, a persistently high and increasing public debt ratio
Briefs 107

In Search of Upcoming Supply Chain Surprises: The World Export Market Shares of Belarus, Russia and Ukraine

Ali-Yrkkö JyrkiHirvonen JohannesRouvinen Petri
In Search of Upcoming Supply Chain Surprises: The World Export Market Shares of Belarus, Russia and Ukraine
This brief considers the world export market shares of Belarus, Russia and Ukraine across over five thousand commodities (the
Briefs 106

Renewal Through Industry Switching and Its Impacts on Productivity

Kuosmanen NataliaKuosmanen TimoAli-Yrkkö JyrkiPajarinen Mika
Productivity growth in Finland has slowed down due to structural change. Firms are in a continuous process of renewal
Reports 126

Renewal of Companies: Industry Switching as a Form of Structural Change

Kuosmanen NataliaKuosmanen TimoAli-Yrkkö JyrkiPajarinen Mika
Renewal of Companies: Industry Switching as a Form of Structural Change
The contributions of entry and exit of firms to aggregate productivity growth are well-established in the literature. However, the
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Impacts and indicators of Innovation Ecosystems – A Framework for Analysis

Laasonen ValtteriNyman JuhoFornaro PaoloLähteenmäki-Smith KaisaKolehmainen JariKoski HeliRanta Tommi
Impacts and indicators of Innovation Ecosystems – A Framework for Analysis
The INNOVA project has produced information and tools to support the assessment of the impact of innovation ecosystems. Ecosystems
Reports 125

M&As and Their Economic Effects on Target Companies

Ali-Yrkkö JyrkiMattila JuriPajarinen MikaYlhäinen Ilkka
This study examines mergers and acquisitions and their economic impact on companies. The study examined which companies in Finland
Briefs 105

The Significance of Russia for Finnish Companies

Ali-Yrkkö JyrkiHirvonen JohannesKangasharju Aki
This Policy Brief analyses the importance of Russia on the Finnish economy. We scrutinize both the trade relations and
Working Papers 92

Assessing Components of Uncertainty in Demographic Forecasts with an Application to Fiscal Sustainability

Alho JuhaLassila Jukka
Assessing Components of Uncertainty in Demographic Forecasts with an Application to Fiscal Sustainability
When the future evolution of demographic processes is described in a stochastic setting, the challenge is to communicate the
Publications Reports 124

Welfare Traps in Finland

Puonti PäiviKauppi EijaKotamäki MauriRopponen Olli
We analyze the impact of the Finnish tax-benefit system on the financial incentives to take up a job and
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Europe Facing Geoeconomics: Assessing Finland’s and the EU’s Risks and Options in the Technological Rivalry

Wigell MikaelDeschryvere MatthiasFjäder ChristianHelwig NiklasKaitila VilleKoski HeliSeilonen JosiSuominen Arho
Europe Facing Geoeconomics: Assessing Finland’s and the EU’s Risks and Options in the Technological Rivalry
The geoeconomic rivalry is accelerating with the world’s major powers using economic instruments to advance strategic agendas. This poses

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