Working Papers

Publications Working Papers 48

Digital Music Industry – Background Synthesis

Sellin DerekSeppälä Timo
After 15 years of decline, music industry revenues appear finally to have turned a corner with the growth of
Publications Working Papers 47

Small and Medium Firms, Aggregate Productivity and the Role of Dependencies

Fornaro PaoloLuomaranta Henri
We analyze the productivity contribution of firms in the Finnish business sector, using data from 2002 until 2014, and
Publications Working Papers 46

Nowcasting Finnish Turnover Indexes Using Firm-Level Data

Fornaro PaoloLuomaranta HenriSaarinen Lauri
We adopt a series of shrinkage and factor analytic methodologies to compute nowcasts of the main Finnish turnover indexes,
Latest Publications Working Papers 45

Technology Disruptions as Enablers of Organizational and Social Innovation in Digitalized Environment

Koski HeliMelkas HelinäMäntylä MarttiPieters RoelSvento RauliSärkikoski TuomoTalja HeliHyyppä JuhaKaartinen HarriHyyppä HannuMatikainen Leena
This paper illustrates how disruptive technologies primarily shaking the functioning of service sector are spreading to the manufacturing industries,
Publications Working Papers 44

Job Creation and the Role of Dependencies

Fornaro PaoloLuomaranta Henri
We contribute to the extensive literature on the relationship between firm size and job creation, by examining the effects
Publications Working Papers 43

Industrial Blockchain Platforms: An Exercise in Use Case Development in the Energy Industry

Mattila JuriSeppälä TimoNaucler CatarinaStahl RiittaTikkanen MarianneBådenlid AlexandraSeppälä Jane
To encourage public discourse on blockchain use case development, this paper provides a pragmatic view on how to develop
Publications Working Papers 42

Business Owners, Employees and Firm Performance

Maliranta MikaNurmi Satu
Abstract The novel Finnish Longitudinal OWNer-Employer-Employee (FLOWN) database was used to analyze how the characteristics of owners and employees
Publications Working Papers 41

Within and Between Firm Trends in Job Polarization: Role of Globalization and Technology

Pekkala Kerr SariMaczulskij TerhiMaliranta Mika
This paper analyzes occupational polarization within and across firms using comprehensive matched employer-employee panel data from Finland. The occupational
Publications Working Papers 40

Descriptive Findings on the Convergence of Female and Male Mortality in Europe

Alho Juha
Female life expectancy has almost universally been higher than male life expectancy. But, both have increased rapidly during the
Publications Working Papers 39

Trade and Innovation: Matched Worker-Firm-Level Evidence

Tuhkuri Joonas
This paper examines the relationship between globalization and innovation. To do so, it draws from data that match the
Publications Working Papers 38

The Blockchain Phenomenon – The Disruptive Potential of Distributed Consensus Architectures

Mattila Juri
Blockchain technology is disrupting society by enabling new kinds of disintermediated digital platforms. Furthermore, it is also providing efficiency
Publications Working Papers 37

Estimating Production Functions of Multiproduct Firms

Valmari Nelli
Despite the fact that multiproduct firms constitute a considerable share of firms and account for an even greater share
Publications Working Papers 36

Global Value Chain Upgrading

Ylömäki Tobias
Global value chain (GVC) upgrading is a key factor in country-level economic performance. Therefore it is important to study
Publications Working Papers 35

Forecasting Unemployment with Google Searches

Tuhkuri Joonas
Data on Google searches help predict the unemployment rate in the U.S. But the predictive power of Google searches
Publications Working Papers 34

Network Positioning through Manufacturing Services – Lessons from the Contract Manufacturing Industry

Viitamo EsaLuoto SeppoSeppälä Timo
Through early adoption of new production technologies and service-based rivalry on the outsourcing customers, contract manufacturers integrate and enhance
Publications Working Papers 33

The EU’s Fiscal Targets and Their Economic Impact in Finland

Keränen HenriKuusi Tero
In this paper, we quantify time-varying fiscal multipliers using Finnish economic data and address questions about the design of
Publications Working Papers 32

The Finnish Great Depression of the 1990s: Soviet Trade or Home-Made?

Kuusi Tero
This paper reconsiders the reasons for the Finnish Great Depression.The paper argues that during the crisis Finland experienced institutional
Publications Working Papers 31

Structural Reforms and Stabilization Policies in the Euro Area

Alho Kari E.O.
Specifying a structurally built NKM model for EMU, and identifying in it the determinants of the potential output and
Publications Working Papers 30

Commercial success of innovation: the roles of R&D cooperation and firm age

Koski Heli
Data comprising 1790 Finnish firms and covering the years 2006-2012 suggest that turnover from innovative sales per employee were
Publications Working Papers 29

Unemployment Accounts – A Finnish Application

Määttänen NikuSalminen Tomi
We consider a reform that would replace the current Finnish unemployment insurance (UI) scheme with individual unemployment accounts. The
Publications Working Papers 28

GDP Growth in Russia: Different Capital Stock Series and the Terms of Trade

Kaitila Ville
There are different academic assessments as to what lies behind Russia’s GDP growth: total factor productivity or fixed capital
Publications Working Papers 27

Mobility of ideas for innovation: The role of inventor-specific knowledge flows

Koski HeliPajarinen Mika
Our data from 351 innovating firms for the years 2001–2012 generally suggest that patentable ideas are strongly linked to
Publications Working Papers 26

Service productivity, technology and organization – Converting theory to praxis

Viitamo Esa
The growth of services - leveraged by the servitization of manufacturing - stresses the urgency of novel approaches and
Publications Working Papers 25

Knowledge Complementarity of a Firm’s Internal and External R&D Capabilities

Koski HeliSvento Rauli
We use data from over 1500 Finnish companies for the years 2006-2008 and 2008-2010 to explore complementarity of a

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