Haku
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Variation in price and substitution elasticities between sectors – A microdata analysis
(Valtion taloudellinen tutkimuskeskus VATT, 2012-07-03)
The purpose of this study is to determine the substitution and price elasticities of different production inputs in numerous sectors in order to reveal how much these elasticities vary between sectors. These elasticities ...
The estimation of LES demand elasticities for CGE models
(Valtion taloudellinen tutkimuskeskus VATT, 2012-09-20)
Computable general equilibrium (CGE) models require external parameters for proper estimations and can be relatively sensitive to the elasticity estimates used in them. We estimate LES demand elasticities and Frisch ...
Regionalization and its effects in Finland – a regional AGE modelling analysis
(VATT Institute for Economic ResearchValtion taloudellinen tutkimuskeskus VATT, 2013-04-10)
Regional structural change is currently among the greatest challenges facing the public sector in many EU countries. In countries like Finland, where the public sectors have a large role in providing educational, health ...
Company heterogeneity and mark-up variability
(Valtion taloudellinen tutkimuskeskus VATT, 2012-07-03)
Mark-ups are often assumed to be constant for all firms within a sector in theoretical models. This paper reflects empirically on the distributions of companies mark-ups in order to test this assumption. We use exhaustive, ...
Trade, Productivity and Profits: On Profit levels and Profit margins
(Valtion taloudellinen tutkimuskeskus VATT, 2016-09-28)
Do firms engaging in international trade have higher or lower profit margins? It is well-established that more productive firms engage in trading activities and as a result have higher profit levels. We use two theoretical ...