Arbeitspapier

Understanding regional productivity in a Nordic welfare state: Does ICT matter?

The study is about the determination of regional productivity in a Nordic welfare state, more particularly in Finland. Regional labour productivity is related to industry structure, demographic factors and the variables that capture the reorganization of labour markets. The data covers 85 Finnish regions over the period of 1989-1997. Industry structure is an important determinant of labour productivity in the Finnish regions. In particular, the emerging new economy in terms of ICT manufacturing yields an increase in labour productivity measured by the value-added divided by the total hours of work of the regions, but the positive impact of ICT manufacturing is tightly limited to its direct contribution. The share of ICT services has no impact on the level of labour productivity across the Finnish regions. In contrast to the U.S. and European stylized features, there is no evidence for the view that when the density of economic activity increases (measured by the number of employees divided by surface area), the labour productivity of the Finnish regions rises. In addition, restructuring at the plant level of the regions is not directly related to the evolution of labour productivity based on the evidence. – Finland ; regional labour markets ; productivity

Language
Englisch

Bibliographic citation
Series: ETLA Discussion Papers ; No. 798

Classification
Wirtschaft
Urban, Rural, Regional, Real Estate, and Transportation Economics: Regional Migration; Regional Labor Markets; Population; Neighborhood Characteristics
Labor Turnover; Vacancies; Layoffs
Subject
Arbeitsproduktivität
Räumliche Verteilung
Industriestruktur
Finnland

Event
Geistige Schöpfung
(who)
Böckerman, Petri
Event
Veröffentlichung
(who)
The Research Institute of the Finnish Economy (ETLA)
(where)
Helsinki
(when)
2002

Handle
Last update
10.03.2025, 11:43 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Böckerman, Petri
  • The Research Institute of the Finnish Economy (ETLA)

Time of origin

  • 2002

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