Selaus nimekkeen mukaan kokoelmassa Vertaisarvioidut artikkelit (Peer-reviewed articles)

    • New road infrastructure: The effects on firms 

      Gibbons, Stephen; Lyytikäinen, Teemu; Overman, Henry G.; Sanchis-Guarner, Rosa
      Journal of Urban Economics (Elsevier, 2019)
      This paper estimates the impact of new road infrastructure on employment and labour productivity using firm level longitudinal data for Britain. Exposure to transport improvements is measured through changes in accessibility, ...
    • Nonlinear Dividend Tax and the Dynamics of the Firm 

      Kari, Seppo; Laitila, Jussi
      FinanzArchiv: Public Finance Analysis : 2 (Mohr Siebeck, 2015)
      We analyze the implications of a nonlinear tax scheme for dividends using a life-cycle model of a firm. In this model new firms first enter markets; then grow internally, financing from retained earnings; and finally ...
    • On the role of public price information in housing markets 

      Eerola, Essi; Lyytikäinen, Teemu
      Regional Science and Urban Economics (Elsevier, 2015)
      This paper studies the impact of disclosing detailed house price information on the functioning of the housing market. We first study the effects of increased information on market outcomes in a theoretical framework where ...
    • Opportunity Cost Estimation of Ecosystem Services 

      Ruijs, Arjan; Kortelainen, Mika; Wossink, Ada; Schulp, Nynke; Alkemade, Rob
      Environmental and Resource Economics : 4 (Springer Verlag, 2017)
      Land-use changes rank among the most significant drivers of change in ecosystem services worldwide. The enhancement of important services such as biodiversity and carbon sequestration requires modifications in land-use ...
    • Optimal taxation and public provision for poverty reduction 

      Kanbur, Ravi; Paukkeri, Tuuli; Pirttilä, Jukka; Tuomala, Matti
      International Tax and Public Finance : 1 (Springer Verlag, 2018)
      The existing literature on optimal taxation typically assumes there exists a capacity to implement complex tax schemes, which is not necessarily the case for many developing countries. We examine the determinants of optimal ...
    • Policy Goals for Improved Water Quality in the Baltic Sea: When do the Benefits Outweigh the Costs? 

      Hyytiäinen, Kari; Ahlvik, Lassi; Ahtiainen, Heini; Artell, Janne; Huhtala, Anni; Dahlbo, Kim
      Environmental and Resource Economics : 2 (Springer Verlag, 2015)
      This paper develops and applies a spatially explicit bioeconomic model to study transboundary nutrient pollution of the Baltic Sea. We combine catchment, marine and economic models covering the entire Baltic Sea region to ...
    • Political representation and effects of municipal mergers 

      Harjunen, Oskari; Saarimaa, Tuukka; Tukiainen, Janne
      Political Science Research and Methods : Available online (Cambridge University Press, 2019)
      We study the effects of municipal mergers using novel geocoded data on local public sector jobs and local politicians' place of residence. We find that the mergers had no effects on municipal expenditures overall after ...
    • Possibilistic fuzzy pay-off method for real option valuation with application to research and development investment analysis 

      Stoklasa, Jan; Luukka, Pasi; Collan, Mikael
      Fuzzy Sets and Systems (Elsevier, 2021)
      This paper presents the first fully possibilistic method for real option valuation of investment projects, a new possibilistic variant of the fuzzy pay-off method for real option valuation. The new variant is derived by ...
    • Post-secondary education and information on labor market prospects: A randomized field experiment 

      Pekkala Kerr, Sari; Pekkarinen, Tuomas; Sarvimäki, Matti; Uusitalo, Roope
      Labour Economics (Elsevier, 2020)
      We examine the impact of an information intervention offered to 97 randomly chosen high schools on post-secondary education applications and enrollment in Finland. Graduating students in treatment schools were surveyed and ...
    • Prospect Theory, Fairness, and the Escalation of Conflict at a Negotiation Impasse 

      Miettinen, Topi; Ropponen, Olli; Sääskilahti, Pekka
      The Scandinavian Journal of Economics (05 / 2019)
      We study a bilateral negotiation set‐up where, at a bargaining impasse, the disadvantaged party chooses whether to escalate the conflict or not. Escalation is costly for both parties, and it results in a random draw of the ...
    • Public Employees as Politicians: Evidence from Close Elections 

      Hyytinen, Ari; Meriläinen, Jaakko; Saarimaa, Tuukka; Toivanen, Otto; Tukiainen, Janne
      American Political Science Review : 1 (Cambridge University Press, 2018)
      We analyze the effect of municipal employees’ political representation in municipal councils on local public spending. We use within-party, as-good-as-random variation in close elections in the Finnish open-list proportional ...
    • Public health and economic risk assessment of waterborne contaminants and pathogens in Finland 

      Juntunen, Janne; Meriläinen, Päivi; Simola, Antti
      Science of The Total Environment (Elsevier, 2017)
      This study shows that a variety of mathematical modeling techniques can be applied in a comprehensive assessment of the risks involved in drinking water production. In order to track the effects from water sources to the ...
    • Public Procurement versus Laissez-Faire: Evidence from Household Waste Collection 

      Meriläinen, Jaakko; Tukiainen, Janne
      CESifo Economic Studies : 4 (Oxford University Press, 2019)
      We document that switching from laissez-faire production to public procurement in residential waste collection in Finland reduces the number of firms active in the local market, but induces a statistically significant and ...
    • Quality frontier of electricity distribution: Supply security, best practices, and underground cabling in Finland 

      Saastamoinen, Antti; Kuosmanen, Timo
      Energy Economics (Elsevier, 2016)
      Electricity distribution is a prime example of local monopoly. In most countries, the costs of electricity distribution operators are regulated by the government. However, the cost regulation may create adverse incentives ...
    • Quality of higher education and earnings: evidence from Finland using field-of-study-level quality measures 

      Suhonen, Tuomo
      International Review of Applied Economics : 1 (Taylor & Francis, 2014)
      Using administrative data from Finland, this paper empirically examines the relationship between university graduates’ early career earnings and three measures of university quality: the number of teachers per student, the ...
    • Quantifying the social costs of nuclear energy: Perceived risk of accident at nuclear power plants 

      Huhtala, Anni; Remes, Piia
      Energy Policy (Elsevier, 2017)
      The preferences expressed in voting on nuclear reactor licenses and the risk perceptions of citizens provide insights into social costs of nuclear power and decision making in energy policy. We show analytically that these ...
    • R&D Subsidies and Company Performance: Evidence from Geographic Variation in Government Funding Based on the ERDF Population-Density Rule 

      Einiö, Elias
      The Review of Economics and Statistics : 4 (MIT Press, 2014)
      Despite the prevalence of R&D support programs, evaluation studies based on explicit differences in support allocation are rare. In this paper, the identification of the causal effect of R&D support on company performance ...
    • Rank effects in political promotions 

      Meriläinen, Jaakko; Tukiainen, Janne
      Public Choice : 1-2 (Springer Verlag, 2018)
      This paper studies the effect of candidates’ personal vote ranks on promotions to political power in an open list proportional representation system. Using a regression discontinuity design and data from Finnish local ...
    • Regional competitiveness and high growth firms in the EU: the creativity premium 

      Sleuwaegen, Leo; Ramboer, Sander
      Applied Economics : 22 (Taylor & Francis, 2020)
      The finding that the economic performance of regions is driven by a small set of productive firms calls for a granular analysis of regional growth and competitiveness. Among the productive firms, a significant contribution ...
    • Regional effects or none? Firms' profitability during the Great Recession in Finland 

      Tamminen, Saara
      Papers in Regional Science : 1 (Wiley, 2017)
      We analyse the effects of the Great Recession (GR) on the profitability of firms located in the main cities versus in the rest of Finland. Based on earlier literature, various regional factors could affect firms' profitability ...