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Revealing Agglomeration Economies with Stochastic Frontier Modelling in the Finnish ICT Industry
(Valtion taloudellinen tutkimuskeskus VATT, 2008-01-14)
Agglomeration economies are sought with stochastic frontier methodology to analyse their role in the extraordinary productivity growth of the knowledge-intensive information and communication technology (ICT) equipment ...
Foreign Direct Investment and Science and Technology Infrastructure in Small Countries: Evidence from Finland and the Netherlands
(Valtion taloudellinen tutkimuskeskus VATT, 2004-12-31)
This study investigates the links between foreign firms and the public Science and Technology (S&T) institutions in Finland and the Netherlands. By estimating models on data from Community Innovation Surveys, we find for ...
School Resources and Student Achievement Revisited: New Evidence Using Panel Data
(Valtion taloudellinen tutkimuskeskus VATT, 2000-08-22)
In this study we analyse the effects of the changes in the school spending on the matriculation examination results. We use a large sample of Finnish senior secondary school students from the years 1990-1998. Teaching ...
Regional and institutional influences on the determinants of long-term economic growth in the OECD.
(Valtion taloudellinen tutkimuskeskus VATT, 1996-01-01)
This paper examines regional and institutional influences on the determinants of long-term economic growth in the OECD. We construct a growth equation based on the new growth model of Barro with a catch-up variable, total ...
Finnish Household Consumption in Monetary and Physical Terms - Trends and Clarifications
(Valtion taloudellinen tutkimuskeskus VATT, 2004-12-09)
The present report provides an overview of the development of household consumption in Finland in the 20th century. The study has been carried out in the framework of the AESOPUS study funded by the Academy of Finland. The ...
The Evolution of the Finnish Model in the 1990s: from Depression to High-tech Boom
(Valtion taloudellinen tutkimuskeskus VATT, 2004-12-15)
Finland has recently got much admiration due to economic success reflected in rankings of competitiveness, technology, education and economic growth. This success has largely been embodied in the growth of Nokia group and ...
Technical Efficiency in an RD Intensive Industry: Finnish ICT Manufacturing
(Valtion taloudellinen tutkimuskeskus VATT, 2006-05-04)
Technical efficiency levels in Finnish ICT manufacturing are established by applying a stochastic frontier model and retrieving Method of Moments and Battese-Coelli efficiency measures to identify both permanent and ...
Impact of Business Subsidies on Growth of Firms - Preliminary Evidence from Finnish Panel Data
(Valtion taloudellinen tutkimuskeskus VATT, 2000-06-14)
This study examines the impact of business subsidies on beneficiary and non-beneficiary firms during a short three year period, from 1995 to 1997. The indicator measuring the impact of subsidies on these firms is their ...
Homo Entreprenaurus?
(Valtion taloudellinen tutkimuskeskus VATT, 1999-01-01)
This paper examines the determinants of self-employment and transitions from wage work to self-employment using two sets of Finnish data from the 1990?s. The results show that capital constraints have only a minor effect ...
Durable Goods and Household Saving Ratios in the Euro Area
(Valtion taloudellinen tutkimuskeskus VATT, 2006-12-29)
The purpose of this paper is to estimate the impact of capitalising durable goods on the Euro area (EA) countries' and the EA-aggregate's household saving ratios and disposable incomes. The reason for this exercise is ...