Etla - research to support policy-making

Research activities focus on two thematic areas

Theme 1: Impact of Economic Policy. The aim is to provide information on how economic policy can promote competition and business conditions between companies in Finland and improve the competitiveness of Finnish production on the world market.

Theme 2: Impact of Driving Forces (Megatrends). The research focuses on the driving forces’ (megatrend’s) effects on the business sector and on the preconditions of economic policies

Research is carried out in four research groups

ETLA Economic Research is engaged in applied economic research with emphasis on questions central to the Finnish economy and business sector.

Labour market and education

Labour market and education

Research on labour markets and education focuses on the transformation of work and adaptation to it. Technological change, globalization and demographic change are reflected in the structure of the labour force and skills required in the labor market. At the same time, the employment rate should be raised to strengthen public finances.

Growth, international trade and competition

Growth, international trade and competition

Research examines the role of competition in the economy. The focus is on the functioning of the markets and the impact of regulation and public sector activity on market dynamics. The programme provides a large amount of empirical analysis based on firm- and individual-level data on the competitive strategies of companies, barriers to entry in the market and the impact of public policy on competition and the operation of companies.

Macroeconomy and public finances

Macroeconomy and public finances

The main focus of public finance research is on structural issues related to taxation and social security. The long-term problems of economic policy are addressed in particular from the perspective of population ageing, with an emphasis on the uncertainties and risks associated with economic and demographic development. The policy analysis focuses on the sustainability of public finances and the evaluation of related operational strategies.

Business renewal

Business renewal

The research of new technologies deals with the impact of the creation, emergence and application of new knowledge on businesses, industries and society. The focus is often on the discontinuities and changes related to technological development. Many of the programme’s projects are strongly interdisciplinary. Almost every project involves cooperation with companies or other stakeholders.

Selected research

Research began 2021 Research ends 2021
In Finland, investments to reform the economy and R&D investments in the economy in relation to GDP began to decline as early as the 2010s, and as a result, labor productivity began to decline. The market uncertainty caused by
Research began 2017 Research ends 2021
Etla started international trade and investments research at the end of 2017. The need for research has increased due to changes in trade on one hand and contract arrangements related activites and political pressures on the other. There are
Research began 2020 Research ends 2021
Understanding the overall economic impact of business subsidies is essential for planning effective aid policies and implementing economic policy measures. A successful business support policy can accelerate economic growth and improve competitiveness. On the other hand, subsidies can, in
Research began 2020 Research ends 2021
The functioning of international trade is important for small open economies such as Finland. Changes in international trade shakes the Finnish economy, and due to our export structure, the economic swings are potentially greater than in many other countries.
Research began 2020 Research ends 2023
According to the latest OECD PISA and PIAAC reports there are still too many young people around the world who lack an adequate level of proficiency in financial topics, with likely negative consequences for their future. Economic and Financial
Research began 2017 Research ends 2021
The objective of this proposal is to go beyond the prior literature on career and wage dynamics by studying the interplay between within-firm careers and job mobility, which is an important unexplored area in the field of personnel economics.
Research began 2020 Research ends 2021
The aim of this project is to explore the mechanisms and channels through which climate policy affects employment. The changes in demand for skills and professional structure in the various sectors of the national economy arising from climate policy
Research began 2020 Research ends 2022
This research project develops tools to improve the measurement of health care efficiency as part of occupational well-being projecst. In the future, measeurements will be included in R&D projectst hat develop well-being at work. A key tool is a
Research began 2020 Research ends 2023
The world and its current economic growth paradigm are facing an exceptional combination of health, environmental, and economic crises. The Covid-19 pandemic, the accelerating climate change, and the persistent long-term economic stagnation are jointly reshaping the societal landscape, and
Research began 2020 Research ends 2021
Productive investments in Finland have long been lagging behind the euro area and Sweden. Finland's R&D intensity (R&D expenditure / GDP) has also fallen during this decade. The project analyzes Finland's intangible and tangible investments in relation to other
Research began 2019 Research ends 2021
Urban Growth - GSIP Vantaa (Growth and Social Investment Pacts (GSIP) for Local Companies in the City of Vantaa) is an EU Urban Innovative Actions (UIA) initiative that aims at improving employees’ skills at companies with low-skilled workforce. GSIPs
Research began 2020 Research ends 2021
The Government has set a goal of research, development and innovation inputs to increase to 4 % by 2030. The objective is very ambitious. Achieving it requires remarkable and properly targeted substantial efforts in both private and public sector.
Research began 2017 Research ends 2021
The consortium Tackling Biases and Bubbles in Participation (BIBU) builds a novel multidisciplinary research setting that explores the dynamics of citizenship in Finland. We study Finland as a testing ground for globalisation, exploring how worldwide changes affect citizens’ political
Research began 2019 Research ends 2022
Shaping the Future in the Era of Intelligent Tools: AI and Beyond Over the past decades, information technology has driven societal development and economic growth. The continuing advance of digitalization has enabled individuals and organizations to leverage more and
Research began 2019 Research ended 2020
The European Union (EU) has increasingly introduced sanctions as a political tool in the 2010s, also directed against neighbor super power and key trading partner Russia. As the global competition tightens with the emphasis on both geopolitics and geoeconomics
Research began 2020 Research ends 2021
The foreclosure system guarantees creditors that at least part of the debts will be paid back. On the other hand, a person with low-income loses significant portion of his or her income to foreclosure upon foreclosure, which weakens his
Research began 2019 Research ended 2020
The aim of this research project is to open and explain questions related to assessment of the cost of national defense. This project studies earlier economic research on national defense assessment and with the help of simplified example calculation
Research began 2019 Research ended 2020
Statistics Finland, Finlands Bank and Etla Economic Research have developed modeling based on nowcasting methods which are used to model certain monitored economic indicators using other, rapidly updated data sources. Tourism is a cyclical phenomenon where changes can be
Research began 2020 Research ends 2021
Population is currently aging in Finland due to low birth-rates and longer life expectancy. Net immigration is insufficient to compensate low brith-rates and so the number of working-age people is shrinking. Even though the continuation of aging is very
Research began 2020 Research ends 2021
Hundreds of millions of euros are spend on adult education in Finland each year. In Finland it is hardly known whether adult education is improving employment, adapting to job revolution or development of earnings. This project is extensively exploring
Research began 2020 Research ends 2021
This study, carried out as a consortium between Aalto University, ETLA Economic Research, Finnish Institute for health and welfare and VATT Institute for Economic Research, assesses what costs in out-patient medicines, how the prices of medicines can be influenced
Research began 2020 Research ends 2021
The purpose of this research project is to evaluate and recognise possibilities to both utilize EU's financial instruments for the development of Finland's growth companies financial markets and possibilities to replace business aids with more market-conform solution. The focus
Research began 2019 Research ended 2020
The project comprises a comprehensive impact study shedding light on how Business Finland (BF) has succeeded in achieving the objectives associated with innovation and business subsidy funding and global network services. Compared to previous evaluations, the goal is further
Research began 2019 Research ends 2022
The purpose of the project is by anticipating create a road map how the forest industry and related products, services and the use of wood will change in the next few decades. The results of the projects will significantly