Section: ETLA (Finland)
The Impact of EU’s Trade Sanctions Against Russia on Western Countries Exports
Abstract EU’s trade sanctions against Russia came into force 1.8.2014. Sanctioned products were exported to Russia at a value of 22 billion euros during the time period 2001–2017. The most important exporting countries were Ukraine, China, South Korea, Germany and the United States. Exports of banned products from a country to Russia may be...
Deregulation of the Finnish Long-distance Bus Market
Abstract A new law on public transport came into effect in Finland in December 2009. According to the new law, regulators are not allowed to restrict competition between bus companies, unless it is necessary for ensuring adequate quantity and quality of transport services. Until 2009 bus companies had to apply for and be granted a licence for...
Artificial Intelligence Applications & Venture Funding in Healthcare
Abstract Venture Capital (VC) funding raised by companies producing Artificial Intelligence (AI) solutions is on the rise. In healthcare, VC funding is distributed unevenly and certain technologies have attracted significantly more funding than others. The funding decisions made by VC companies also work as a technology driver for the industry....
Working Time, Employment and Competitiveness
Abstract This report studies working time and competitiveness. The first part of the report compares working time in Finland to other European countries using working time data from Eurostat and provides a review of the economics literature on working time and employment. The second part of the report studies the impact of the Competitiveness...
Vocational or General Education? The Effect Upper Secondary Education Track Choice
Abstract In response to recent technological changes and the worsening outcomes of non-college educated workers, governments around the world are becoming more interested in whether different types of secondary education (vocational vs. general) might play a role in providing young people the skills they need to succeed after they graduate....
What Company Characteristics Are Associated With the Adoption of Social Media?
Abstract In just one decade, social media have moved from being marginal phenomena to having three billion active monthly users globally in 2017. We use a large representative sample to study which company characteristics are associated with the early adoption of social media. Our findings suggest that digital orientation (outside social media),...
ETLA forecast: 2019 at the latest public finances in balance
FINNISH ECONOMY 2018/1 Finland’s economic growth continues to be robust. GDP will increase by 2.8 per cent in 2018, bypassing the level of output prevailing in 2008. GDP will grow by 2.4 per cent in 2019 and by 1.9 per cent in 2020. GDP growth will be faster in the next few years than growth of potential output, which is estimated to be...
ETLA forecast: Finland’s GDP will grow by 2.9 per cent in 2017
FINNISH ECONOMY 2017/2 Finland’s economic environment is favourable: economic growth in the euro area and China has strengthened and growth in the US continues at a moderate pace. The greatest risks are related to financial markets, international politics and trade liberalization. Finland’s GDP will grow by 2.9 per cent in 2017....
ETLA forecast: Finland’s recession is over
ETLA SUHDANNE 2017/1 The global economy is on the upswing. Economic growth in the euro area and the US will continue at a moderate pace and China’s growth will slow down in a controlled manner. The main risks are associated with the political decisions of the United States and the euro area. Finland’s GDP will grow by 1.7 per cent in...
Finnish GDP will grow slightly faster than anticipated in the spring
Finland’s GDP will grow by 1.1-1.2 per cent in 2016-2018; the focus of demand will gradually shift from the domestic markets to exports The volume of exports will hardly grow hardly at all in 2016; growth is expected to be 2.5-3 per cent in 2017 and 2018 as investment demand of export countries recovers somewhat and the competitiveness...
