Restarting the Growth Engine in Finland:
Impressive productivity performance during the last decades has weakened since 2007, reflecting the 2008-09 recession but also a poor performance in important sectors, like the information and communication technology sector. Reforms to raise long term productivity growth need to be pursued. Current...
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Format: | Elektronisch E-Book |
Sprache: | English |
Veröffentlicht: |
Paris
OECD Publishing
2012
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Schriftenreihe: | OECD Economics Department Working Papers
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Schlagworte: | |
Online-Zugang: | kostenfrei |
Zusammenfassung: | Impressive productivity performance during the last decades has weakened since 2007, reflecting the 2008-09 recession but also a poor performance in important sectors, like the information and communication technology sector. Reforms to raise long term productivity growth need to be pursued. Current project-based R&D-support and business subsidies seem inefficient and should be scaled back and remaining support should focus on addressing externalities in terms of the creation of high productive jobs and R&D spillovers. A R&D tax credit could provide higher flexibility, equity and efficiency than current targeted support. Capital taxation should be streamlined to improve incentives for entrepreneurship and growth. The performance of the higher education system could be improved through allocating more R&D funding and teaching resources based on quality rather than block grants. Productivity performance could be enhanced by exposing sectors like health provision, network industries and retailing to more competition through lowering government dominance in provision and loosening planning restrictions. This Working Paper relates to the 2012 OECD Economic Survey of Finland (www.oecd.org/eco/surveys/finland) |
Beschreibung: | 1 Online-Ressource (43 Seiten) 21 x 29.7cm |
DOI: | 10.1787/5k92zp04tlr6-en |
Internformat
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spelling | Braconier, Henrik Verfasser aut Restarting the Growth Engine in Finland Henrik Braconier = Relancer le moteur de la croissance en Finlande / Henrik Braconier Relancer le moteur de la croissance en Finlande Paris OECD Publishing 2012 1 Online-Ressource (43 Seiten) 21 x 29.7cm txt rdacontent c rdamedia cr rdacarrier OECD Economics Department Working Papers Impressive productivity performance during the last decades has weakened since 2007, reflecting the 2008-09 recession but also a poor performance in important sectors, like the information and communication technology sector. Reforms to raise long term productivity growth need to be pursued. Current project-based R&D-support and business subsidies seem inefficient and should be scaled back and remaining support should focus on addressing externalities in terms of the creation of high productive jobs and R&D spillovers. A R&D tax credit could provide higher flexibility, equity and efficiency than current targeted support. Capital taxation should be streamlined to improve incentives for entrepreneurship and growth. The performance of the higher education system could be improved through allocating more R&D funding and teaching resources based on quality rather than block grants. Productivity performance could be enhanced by exposing sectors like health provision, network industries and retailing to more competition through lowering government dominance in provision and loosening planning restrictions. This Working Paper relates to the 2012 OECD Economic Survey of Finland (www.oecd.org/eco/surveys/finland) Economics Finland https://doi.org/10.1787/5k92zp04tlr6-en Verlag kostenfrei Volltext |
spellingShingle | Braconier, Henrik Restarting the Growth Engine in Finland Economics Finland |
title | Restarting the Growth Engine in Finland |
title_alt | Relancer le moteur de la croissance en Finlande |
title_auth | Restarting the Growth Engine in Finland |
title_exact_search | Restarting the Growth Engine in Finland |
title_exact_search_txtP | Restarting the Growth Engine in Finland |
title_full | Restarting the Growth Engine in Finland Henrik Braconier = Relancer le moteur de la croissance en Finlande / Henrik Braconier |
title_fullStr | Restarting the Growth Engine in Finland Henrik Braconier = Relancer le moteur de la croissance en Finlande / Henrik Braconier |
title_full_unstemmed | Restarting the Growth Engine in Finland Henrik Braconier = Relancer le moteur de la croissance en Finlande / Henrik Braconier |
title_short | Restarting the Growth Engine in Finland |
title_sort | restarting the growth engine in finland |
topic | Economics Finland |
topic_facet | Economics Finland |
url | https://doi.org/10.1787/5k92zp04tlr6-en |
work_keys_str_mv | AT braconierhenrik restartingthegrowthengineinfinland AT braconierhenrik relancerlemoteurdelacroissanceenfinlande |