Hidden Bibliographic Details
| Other authors / contributors: | Arnold, Nathaniel, (IMF staff)
Deb, Pragyan, (IMF staff)
Geng, Nan, (IMF staff)
Mircheva, Borislava, (IMF staff)
International Monetary Fund.
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| ISBN: | 9781513517162
1513517163
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| Notes: | "November 2015."
"October 26, 2015"--Page 2 of pdf.
"Prepared by Nathaniel Arnold, Pragyan Deb, Nan Geng, and Borislava Mircheva, with support from Tom Dowling"--Page 2 of pdf.
Includes bibliographical references.
Access restricted to subscribing institutions.
Online resource; title from pdf title page (IMF Web site, viewed November 17, 2015).
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| Summary: | This Selected Issues paper analyzes structural shocks, productivity, and growth in Finland. Finland has gone from being a top-performing advanced economy to a growth laggard since 2007. The rapid decline of the (previously) high productivity information and communications technology sector in recent years has weighed on overall growth and productivity. An analysis of industry-level data indicates that shifts in the sectoral distribution of labor and capital toward lower productivity sectors are also contributing to slower aggregate productivity growth. Firm-level analysis suggests that the aggregate total factor productivity impact of reallocating resources within sectors is limited, although there is more scope to reallocate resources between sectors.
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| Standard no.: | 10.5089/9781513517162.002
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