Accounting for Growth and Productivity: Finnish Multi-Factor Productivity 1975-99

Jukka Jalava ()

Finnish Economic Papers, 2002, vol. 15, issue 2, 76-86

Abstract: This paper presents new calculations for the multi-factor productivity of the nonresidential market production in Finland. The new methodology entails quality corrected measures of capital and labour services. The results reinforce the view of a shift taking place in the Finnish growth pattern after the early 1990s recession, from extensive to intensive growth. The exception is the extensive contribution of information and communication capital. Multi-factor productivity has been the engine of growth during the whole observation period from 1975 to 1999, but it experienced a significant step-up in the 1990s.

JEL-codes: O3 O4 (search for similar items in EconPapers)
Date: 2002
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:fep:journl:v:15:y:2002:i:2:p:76-86

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