The slowdown in Finnish productivity growth: Causes and consequences
This report analyses the trends in Finnish productivity growth over the 2000s and 2010s. It describes its key features, makes comparisons to a benchmark of 16 OECD countries, and studies the causes of its sudden and prolonged slowdown which began at the end of the 2000s. The analysis focuses on the...
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Weitere Verfasser: | , , , |
Format: | Elektronisch E-Book |
Sprache: | English |
Veröffentlicht: |
Paris
OECD Publishing
2023
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Schriftenreihe: | OECD Science, Technology and Industry Policy Papers
no.139 |
Schlagworte: | |
Online-Zugang: | Volltext |
Zusammenfassung: | This report analyses the trends in Finnish productivity growth over the 2000s and 2010s. It describes its key features, makes comparisons to a benchmark of 16 OECD countries, and studies the causes of its sudden and prolonged slowdown which began at the end of the 2000s. The analysis focuses on the role of two contemporaneous demand shocks that hit the Finnish economy: the Nokia crisis and the Great Trade Collapse of 2009. Matching detailed firm-based information on structural characteristics of productivity growth with global input-output tables and National Accounts data, the report highlights how the prolonged drop in demand from the domestic computer and electronics sector may have induced a persistent drag on Finnish productivity growth. The report concludes with policy implications to strengthen Finnish resilience to idiosyncratic shocks to key sectors or large firms, while supporting long-term productivity growth and competitiveness. |
Beschreibung: | 1 Online-Ressource (48 p.) 21 x 28cm. |
DOI: | 10.1787/c1fad5b3-en |
Internformat
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spelling | Calligaris, Sara VerfasserIn aut The slowdown in Finnish productivity growth Causes and consequences Sara, Calligaris ... [et al] Paris OECD Publishing 2023 1 Online-Ressource (48 p.) 21 x 28cm. Text txt rdacontent Computermedien c rdamedia Online-Ressource cr rdacarrier OECD Science, Technology and Industry Policy Papers no.139 This report analyses the trends in Finnish productivity growth over the 2000s and 2010s. It describes its key features, makes comparisons to a benchmark of 16 OECD countries, and studies the causes of its sudden and prolonged slowdown which began at the end of the 2000s. The analysis focuses on the role of two contemporaneous demand shocks that hit the Finnish economy: the Nokia crisis and the Great Trade Collapse of 2009. Matching detailed firm-based information on structural characteristics of productivity growth with global input-output tables and National Accounts data, the report highlights how the prolonged drop in demand from the domestic computer and electronics sector may have induced a persistent drag on Finnish productivity growth. The report concludes with policy implications to strengthen Finnish resilience to idiosyncratic shocks to key sectors or large firms, while supporting long-term productivity growth and competitiveness. Science and Technology Economics Industry and Services Finland Jurvanen, Outi MitwirkendeR ctb Lassi, Auri MitwirkendeR ctb Manaresi, Francesco MitwirkendeR ctb Verlhac, Rudy MitwirkendeR ctb FWS01 ZDB-13-SOC FWS_PDA_SOC https://doi.org/10.1787/c1fad5b3-en Volltext |
spellingShingle | Calligaris, Sara The slowdown in Finnish productivity growth Causes and consequences Science and Technology Economics Industry and Services Finland |
title | The slowdown in Finnish productivity growth Causes and consequences |
title_auth | The slowdown in Finnish productivity growth Causes and consequences |
title_exact_search | The slowdown in Finnish productivity growth Causes and consequences |
title_full | The slowdown in Finnish productivity growth Causes and consequences Sara, Calligaris ... [et al] |
title_fullStr | The slowdown in Finnish productivity growth Causes and consequences Sara, Calligaris ... [et al] |
title_full_unstemmed | The slowdown in Finnish productivity growth Causes and consequences Sara, Calligaris ... [et al] |
title_short | The slowdown in Finnish productivity growth |
title_sort | slowdown in finnish productivity growth causes and consequences |
title_sub | Causes and consequences |
topic | Science and Technology Economics Industry and Services Finland |
topic_facet | Science and Technology Economics Industry and Services Finland |
url | https://doi.org/10.1787/c1fad5b3-en |
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