10.05.2016 Julkaisut 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
08.03.2016 Julkaisut Working Papers 37 Estimating Production Functions of Multiproduct Firms Valmari Nelli Abstract Despite the fact that multiproduct firms constitute a considerable share of firms and account for an even greater
11.03.2016 Julkaisut 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
02.03.2016 Julkaisut 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
15.02.2016 Julkaisut 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
26.01.2016 Julkaisut 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
23.09.2015 Julkaisut 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
24.08.2015 Julkaisut 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
14.08.2015 Julkaisut 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
21.04.2015 Julkaisut 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
25.02.2015 Julkaisut Working Papers 28 GDP Growth in Russia: Different Capital Stock Series and the Terms of Trade Kaitila Ville Taloustieteellisessä kirjallisuudessa on erilaisia arvioita siitä, onko Venäjän bkt:n kasvun taustalla kokonaistuottavuuden vai kiinteiden investointien kehitys. Tutkimukset, joissa rakennetaan
05.01.2015 Julkaisut 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
04.09.2014 Julkaisut 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
06.08.2014 Julkaisut 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
09.04.2014 Julkaisut Working Papers 24 Longevity, Working Lives and Public Finances Lassila JukkaValkonen Tarmo Can longer working lives bring sufficient tax revenues to pay for the growing public health and care expenditure that
28.02.2014 Julkaisut Working Papers 23 Consolidation under the Europe’s New Fiscal Rules: Analyzing the Implied Minimum Fiscal Effort Kuusi Tero EU:n uudet finanssipoliittiset säännöt asettavat monia päällekkäisiä tavoitteita ja aikatauluvaatimuksia julkistalouden tasapainotuksille. Onkin epäselvää, miten voimakkaita toimenpiteitä vaaditaan, jotta
20.12.2013 Julkaisut Working Papers 22 The Impact of the USO on the Profitability of Postal Service Provision in Finland Koski Heli This study aims at investigating the order of magnitude of financial burden of the universal service obligation for the
26.09.2013 Julkaisut Working Papers 21 Performance Pay and Enterprise Productivity: The Details Matter Kato TakaoKauhanen Antti Much of the empirical literature on PRP (Performance Related Pay) focuses on a question of whether the firm can
24.09.2013 Julkaisut Working Papers 20 Empirical Evidence on the Dynamics of Incentive Plans Kato TakaoKauhanen AnttiSalmi Julia Using three different waves of a survey on compensation practices from 2005, 2007, and 2010, we study the dynamics
24.09.2013 Julkaisut Working Papers 19 The Performance Effects of Individual and Group Incentives: A Case Study Kato TakaoKauhanen AnttiKujansuu Essi We study a warehouse that changes its incentive plan from a group plan to an individual plan. We focus
24.09.2013 Julkaisut Working Papers 18 Performance Measurement in Healthcare Incentive Plans Kauhanen AnttiSalmi JuliaTorkki Paulus By using quantitative survey data and conducting a case study, we examine performance measurement of incentive plans in Finnish
28.08.2013 Julkaisut Working Papers 17 Industry restructuring in the ICT sector – What does labor mobility tell us about skill relatedness and knowledge spillovers? Nikulainen TuomoPajarinen Mika Tiivistelmä: Toimialat käyvät läpi eri kehitysvaiheita, joissa kussakin olemassa osaamisen merkitys vähenee ja uusi osaaminen on keskeisemmässä asemassa toimialojen
05.08.2013 Julkaisut Working Papers 16 Subsidies, Shadow of Death and Productivity Koski HeliPajarinen Mika Abstract Our panel data from over 10,000 Finnish firms during the years 2003-2010 sheds light on the effect of
01.08.2013 Julkaisut Working Papers 15 Empirical Evaluation of the Effectiveness of Competition Policy Koski HeliPajarinen Mika Tutkimuksessa arvioidaan ns. Boone-indikaattorin erilaisten empiiristen mallinnustapojen käyttökelpoisuutta tarkasteltaessa toimialojen kilpailuintensiteetin muutoksia. Hyödynnämme arvioinnissa aineistoa kolmesta kartellitapauksesta: i) kansainvälinen
