Working Papers

Julkaisut Working Papers 79

Construction Value Chains and Their Productivity Growth

Kuusi TeroJunnonen Juha-MattiKulvik Martti
Construction Value Chains and Their Productivity Growth
The construction industry has suffered from low growth in recent decades. Motivated by the economic importance of the industry,
Julkaisut Working Papers 78

Digitalization and Platforms in Agriculture: Organizations, Power Asymmetry, and Collective Action Solutions

Kenney MartinSerhan HiamTrystram Gilles
Digitalization and Platforms in Agriculture: Organizations, Power Asymmetry, and Collective Action Solutions
Technologies such as digitally-equipped agricultural equipment, drones, image recognition, sensors, robots and artificial intelligence are being rapidly adopted throughout
Julkaisut Working Papers 77

Short-term Impacts of the GDPR on Firm Performance

Koski HeliValmari Nelli
Short-term Impacts of the GDPR on Firm Performance
This paper uses extensive firm-level data on European and US companies from 2014–2018 to explore the short-term impacts of
Julkaisut Working Papers 76

Artificial Intelligence Platforms – A New Research Agenda for Digital Platform Economy

Mucha TomaszSeppälä Timo
Artificial Intelligence Platforms – A New Research Agenda for Digital Platform Economy
Three out of nine of S&P500 digital platform companies stand out as building own artificial intelligence (AI) platforms. There
Julkaisut Working Papers 75

Losing a Job and (Dis)incentives to Move

Maczulskij TerhiBöckerman Petri
Losing a Job and (Dis)incentives to Move
We examine the economic determinants of interregional mobility. Using plant closures and mass lay-offs for identification, we show that
Julkaisut Working Papers 74

Alternative Demography-based Projection Approaches for Public Health and Long-term Care Expenditure

Lassila JukkaValkonen Tarmo
Alternative Demography-based Projection Approaches for Public Health and Long-term Care Expenditure
Ageing populations pose a major challenge for long-term sustainability of public finances. The respond has been a wave of
Julkaisut Working Papers 73

The Costs of Job Loss and Task Usage

Kauhanen AnttiRiukula Krista
The Costs of Job Loss and Task Usage
This study examines the degree to which the effects of job loss depend on task usage and task distance
Julkaisut Working Papers 72

Data Markets in Making: The Role of Technology Giants

Koski HeliPantzar Mika
Data Markets in Making: The Role of Technology Giants
This paper focuses on the role of large technology companies’ entry and expansion to the data-intensive market areas via
Julkaisut Working Papers 71

Emerging Trade Battlefield with China: Export Competition and Firm’s Coping Strategies

Nilsson Hakkala KatariinaPan Yao
Emerging Trade Battlefield with China: Export Competition and Firm’s Coping Strategies
This paper analyzes how intensified Chinese export competition affects the exports and product ranges of firms from Finland. Using
Julkaisut Working Papers 70

Service Imports, Workforce Composition, and Firm Performance: Evidence from Finnish Microdata

Ariu AndreaNilsson Hakkala KatariinaJensen J. BradfordTamminen Saara
Service Imports, Workforce Composition, and Firm Performance: Evidence from Finnish Microdata
This paper uses unique Finnish firm-level micro data on service imports, workforce composition, and firm characteristics to examine changes
Julkaisut Working Papers 69

Management Practises in Finnish Manufacturing Establishments: Evidence from FMOP

Ohlsbom RoopeMaliranta Mika
Management Practises in Finnish Manufacturing Establishments: Evidence from FMOP
Data collected by the recently conducted Finnish Management and Organizational Practices Survey (FMOP) by Statistics Finland is used to
Julkaisut Working Papers 68

Artificial Intelligence Applications & Venture Funding in Healthcare

Halminen OlliTenhunen HenniHeliste AnttiSeppälä Timo
Artificial Intelligence Applications & Venture Funding in Healthcare
Venture Capital (VC) funding raised by companies producing Artificial Intelligence (AI) solutions is on the rise. In healthcare, VC
Julkaisut Working Papers 67

The Influence of Old-age Retirement on Health: Causal Evidence from the Finnish Register Data

Kuusi TeroMartikainen PekkaValkonen Tarmo
The Influence of Old-age Retirement on Health: Causal Evidence from the Finnish Register Data
We quantify the impact of old-age retirement on health using longitudinal Finnish register data for the period 2000–2012, which
Julkaisut Working Papers 66

Top 3: Pension Systems in Denmark, Finland, and the Netherlands

Hougaard Jensen Svend E.Lassila JukkaMäättänen NikuValkonen TarmoWesterhout Ed
Top 3: Pension Systems in Denmark, Finland, and the Netherlands
According to the 2018 Mercer Global Pension index, the pension systems of Denmark, Finland and the Netherlands are the
Julkaisut Working Papers 65

Labor Market Returns to Vocational Secondary Education

Silliman MikkoVirtanen Hanna
Labor Market Returns to Vocational Secondary Education
We study labor-market returns to vocational versus general secondary education using a regression discontinuity design created by the centralized
Julkaisut Working Papers 64

Lost Boys: Access to Secondary Education and Crime

Huttunen KristiinaPekkarinen TuomasUusitalo RoopeVirtanen Hanna
Lost Boys: Access to Secondary Education and Crime
We study the effect of post-compulsory education on crime by exploiting a regression discontinuity design generated by admission cut-offs
Julkaisut Working Papers 63

Immigrant Innovators and Firm Performance

Fornaro PaoloMaliranta MikaRouvinen Petri
Immigrant Innovators and Firm Performance
We study immigrants’ effects on firm-level innovativeness. Managers, innovators, and other employees are considered as separate groups both in
Julkaisut Working Papers 62

Nowcasting the Unemployment Rate in the EU with Seasonal BVAR and Google Search Data

Anttonen Jetro
Nowcasting the Unemployment Rate in the EU with Seasonal BVAR and Google Search Data
In this paper a Bayesian vector autoregressive model for nowcasting the seasonally non-adjusted unemployment rate in EU-countries is developed.
Julkaisut Working Papers 61

How Do Competition Policy and Data Brokers Shape Product Market Competition?

Koski Heli
This paper empirically analyzes how a data broker affects competition in oligopolistic product markets. It examines a unique case
Julkaisut Working Papers 60

Missing Growth in Finland

Anttila Juho
This study investigates the extent of ’missing growth’ in Finland due to upward bias in the cost-of-living measurement. This
Julkaisut Working Papers 59

Investor Attention and Technology Salience: Does Personal Data Related Innovation Boost Firm Value?

Koski HeliLuukkonen Juha
This paper empirically analyzes how markets value personal data related innovation in four prominent domains, in which firms’ potential
Julkaisut Working Papers 58

Ctrip: China’s Online Travel Platform – Local Giant or Global Competitor?

Shao TianyiKenney Martin
In a large number of sectors, Chinese internet platform firms have grown to enormous size leveraging a rapidly growing,
Julkaisut Working Papers 57

Aggregate Risks, Intergenerational Risk-Sharing and Fiscal Sustainability in the Finnish Earnings-Related Pension System

Lassila Jukka
We study how aggregate demographic and economic risks affect the finances of the Finnish earnings-related pension system and the
Julkaisut Working Papers 56

The Effects of an Education-Leave Program on Educational Attainment and Labor-Market Outcomes

Kauhanen Antti
I study the effect of an education leave subsidy for the employed on labor-market outcomes and educational attainment using

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