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-...

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Bibliographic Details
Main Authors: Mika Maliranta, Petri Rouvinen, Pekka Ylä-Anttila
Format: Article
Language:English
Published: Centre for the Study of Living Standards 2010-09-01
Series:International Productivity Monitor
Subjects:
Online Access:http://www.csls.ca/ipm/20/IPM-20-Maliranta-Rouvinen-Yla-Anttila.pdf