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News and press releases

The recession will be short – new government financial measures are coming at the right time

The recession will be short – new government financial measures are coming at the right time
Finland's economy will shrink by 0.3 per cent this year and will experience growth of less than one per
Reports 139

Labour Productivity and Development of Carbon Competitiveness: Industry-Level Evidence from Europe

Kaitila Ville
A drastic decline in global greenhouse gas (GHG) emissions is needed to stop the climate change. This requires a
Books

The Fifth Wave – BRIE-ETLA Collection of Articles

Seppälä TimoMucha TomaszMattila Juri (eds.)
The Fifth Wave – BRIE-ETLA Collection of Articles
BRIE-ETLA 2019–2023 Over the past decades, information technology has driven societal development and economic growth. The continuing advance of
Working Papers 106

Beyond AI, Blockchain Systems, and Digital Platforms: Digitalization Unlocks Mass Hyper-Personalization and Mass Servitization

Seppälä TimoMucha TomaszMattila Juri
The ever-progressing digitalization of the economy and society is unlocking new opportunities for organizations engaging in services. We are
Working Papers 105

The Effects of the Decentralization of Collective Bargaining on Wages and Wage Dispersion: Evidence from the Finnish Forest and IT Industries

Kauhanen Antti
Recently, Finnish forest industries shifted from sectoral collective bargaining to firm-level bargaining, and the IT services industry shifted to
Publications Working Papers 104

Renewal of Companies Through Product Switching

Kuosmanen NataliaValmari Nelli
The past few decades have witnessed a slowdown in productivity growth in many advanced economies, including Finland.
Publications Working Papers 103

Do Grocery Feedback Systems Enabling Access to Past Consumption Impact Individual Food Purchase Behavior?

Koski HeliKuikkaniemi KaiPantzar Mika
This article empirically explores whether and how providing consumers with detailed access to their past food purchase data at
Working Papers 102

Five Countries, Five Models – A Comparison of Fiscal Frameworks and Lessons for Finland

Begg IainKuusi TeroKylliäinen Olavi
In recent years, many countries have sought to transform their fiscal frameworks, with the aim of rendering their public
News and press releases

Finland’s spending limits system needs a reform, as the current rules do not function effectively in unexpected crises

Finland’s spending limits system needs a reform, as the current rules do not function effectively in unexpected crises
The regulatory framework of Finland's fiscal policy has faced several crises that have revealed its ineffectiveness in dealing with
News and press releases

The recession will be mild, but so will the growth that follows it – “The upturn will not be experienced”

The recession will be mild, but so will the growth that follows it – “The upturn will not be experienced”
Etla Economic Research predicts only sluggish economic growth for the next few years.
Columns

Beyond GPT-4: Digitalization Unlocks Mass Hyper-Personalization and Mass Servitization

Seppälä TimoMucha Tomasz
Beyond GPT-4: Digitalization Unlocks Mass Hyper-Personalization and Mass Servitization
As the hype surrounding GPT-4 peaks we must focus beyond, remarks Timo Seppälä and Tomasz Mucha in their new
Working Papers 101

Breakthrough Innovations and Productivity: An International Perspective

Kuusi TeroNevavuo Jenni
In this paper, we shed new light on the productivity impact of breakthrough patents, as well as their role
News and press releases

Nearly half of Finnish companies have encountered barriers to international trade

Nearly half of Finnish companies have encountered barriers to international trade
As many as 41% of Finnish companies have experienced trade barriers in their international operations in recent years.
Working Papers 100

Inter-industry and Intra-industry Switching as Sources of Productivity Growth: Structural Change of Finland’s ICT Industries

Kuosmanen NataliaKuosmanen Timo
Structural change is an important driver of productivity growth at the aggregate level. While previous productivity decompositions account for
Columns Latest

Twitter, ChatGPT and a Tech Billionaire

Seppälä Timo
Twitter, ChatGPT and a Tech Billionaire
What is the actual significance of ChatGPT and its practical applications, ponders Timo Seppälä.
Working Papers 99

The Role of Firm Dynamics in the Green Transition: Carbon Productivity Decomposition in Finnish Manufacturing

Kuosmanen NataliaMaczulskij Terhi
This paper investigates the importance of firm dynamics, including entry and exit and the allocation of carbon emissions across
Working Papers 98

R&D and Productivity in Finnish Firms

Valmari Nelli
Productivity of the Finnish private sector decreased during the financial crisis of 2008–2009 and, since then, productivity growth has
Columns Latest

From the carbon footprint of the ICT sector to the carbon footprint of supply chains

Seppälä Timo
From the carbon footprint of the ICT sector to the carbon footprint of supply chains
The environmental benefits and harms of various sectors have been the topics of much debate in Finland.
Working Papers 97

The Labor-market Effects of Service Offshoring: A Synthetic Control Approach with High-dimensional Microdata

Kässi Otto
I use novel high-quality survey data on firms’ international sourcing activities combined with firm-level financial and linked employer–employee data
Working Papers 96

Mind the Gap – Assessing the Size and Determinants of the Life Insurance Gap

Ropponen OlliKuusi TeroValkonen Tarmo
Preparing for the monetary loss associated with premature death of the breadwinner has become more relevant during the COVID-19
News and press releases

Etla Forecast: Finland’s economy will grow by 2 per cent this year, next year zero growth

Etla Forecast: Finland’s economy will grow by 2 per cent this year, next year zero growth
Finland will also drift into a moderate recession at the end of this year, forecasts Etla Economic Research.
Working Papers 95

Worker Mobility and Productivity Spillovers

Ohlsbom Roope
Using linked employer-employee data from Finland, we examine the mobility of workers between establishments as a source of productivity-affecting
Latest News and press releases

Etla studied: EU ETS reduced production emissions, but imports are leaking

Etla studied: EU ETS reduced production emissions, but imports are leaking
EU’s Emissions Trading Scheme (EU ETS) has had an impact in decreasing the emissions in the EU’s production.
Working Papers 94

Trade Flows, Carbon Leakage, and the EU Emissions Trading System

Kuusi TeroWang Maria
The EU’s Emission Trading Scheme (EU ETS) has been shown to have reduced emissions in the participating countries and

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