Finland’s Path to the Global Productivity Frontier through Creative Destruction
The marked acceleration of Finnish productivity growth since the mid-1980s is attributable to intensifying creative destruction, understood as the joint effect of market entry and exit as well as resource reallocation between continuing plants and firms. This acceleration coincided with the economy-...
Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
Centre for the Study of Living Standards
2010-09-01
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Series: | International Productivity Monitor |
Subjects: | |
Online Access: | http://www.csls.ca/ipm/20/IPM-20-Maliranta-Rouvinen-Yla-Anttila.pdf |