Materials Flows in Finland: Resource Use in a Small Open Economy
Ilmo Mäenpaää and
Artti Juutinen
Journal of Industrial Ecology, 2001, vol. 5, issue 3, 33-48
Abstract:
In this article, the development of natural resource use in Finland during the period 1970‐1997 is analyzed. In measuring natural resource use, the concept of total material requirement (TMR) is applied. The focus is on the linkages of resource use with the changing structures of the economy. The linkages are studied using input‐output analysis. Using input‐output analysis, the TMR is further partitioned into resources used for domestic final use or for total material consumption (TMC) and total material requirement of exports (TME). The analysis shows that TMR has the problem of double accounting: if the TMRs of all countries of the world are summed, then international trade would be accounted for twice in the world TMR, once in imports and once in exports of each country. The TMC concept does not have this kind of defect. In a small, open economy like that of Finland, where the share of foreign trade is large, the difference between the TMR and the TMC is also large. We show that by 1997, the TME comprised about half of Finland's TMR and that the growth of the TMR over the study period has been due to the TME only as the TMC has stayed rather constant.
Date: 2001
References: Add references at CitEc
Citations: View citations in EconPapers (5)
Downloads: (external link)
https://doi.org/10.1162/108819801760049459
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:bla:inecol:v:5:y:2001:i:3:p:33-48
Ordering information: This journal article can be ordered from
http://www.blackwell ... bs.asp?ref=1088-1980
Access Statistics for this article
Journal of Industrial Ecology is currently edited by Reid Lifset
More articles in Journal of Industrial Ecology from Yale University
Bibliographic data for series maintained by Wiley Content Delivery ().