Working Papers

The Young, the Old and the Innovative: The Impact of R&D on Firm Performance in ICT versus Other Sectors

Koutroumpis PantelisLeiponen AijaThomas Llewellyn D W

Although innovation opportunities within the ICT industry are assumed high in comparison with other industries because of their rapidly

Export Product Range and Economic Performance – An Emphasis on Small Advanced EU Countries

Kaitila Ville

We analyse the number of different HS8 products in the EU countries’ ex-ports in 1995–2015. We review what share,

21.02.2017 Julkaisut Working Papers 49

Informal vs. Formal Care in Finland: Monetary Incentives and Fiscal Implications

Määttänen NikuSalminen Tomi

We consider the private economic incentives and the fiscal consequences related to informal long-term care by e.g. family members

06.02.2017 Julkaisut 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

10.01.2017 Julkaisut 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

10.01.2017 Julkaisut 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,

22.12.2016 Julkaisut 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,

13.10.2016 Julkaisut 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

11.10.2016 Julkaisut 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

06.10.2016 Julkaisut 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

03.10.2016 Julkaisut 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

20.09.2016 Julkaisut 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

03.06.2016 Julkaisut 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

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