- Description
- 44 p.; 21 x 29.7cm.
- Summary
- Impressive productivity performance during the last decades has weakened since 2007, reflecting the 2008-09 recession but also a poor performance in important sectors, like the information and communication technology sector. Reforms to raise long term productivity growth need to be pursued. Current project-based R&D-support and business subsidies seem inefficient and should be scaled back and remaining support should focus on addressing externalities in terms of the creation of high productive jobs and R&D spillovers. A R&D tax credit could provide higher flexibility, equity and efficiency than current targeted support. Capital taxation should be streamlined to improve incentives for entrepreneurship and growth. The performance of the higher education system could be improved through allocating more R&D funding and teaching resources based on quality rather than block grants. Productivity performance could be enhanced by exposing sectors like health provision, network industries and retailing to more competition through lowering government dominance in provision and loosening planning restrictions. This Working Paper relates to the 2012 OECD Economic Survey of Finland (www.oecd.org/eco/surveys/finland).
- Series Statement
- OECD Economics Department Working Papers, 1815-1973 ; no.981
- Uniform Title
- OECD Economics Department Working Papers, no.981.
- Subject
- LCCN
- 10.1787/5k92zp04tlr6-en
- OCLC
- oecd-lib-002450
- Author
Braconier, Henrik.
- Title
Restarting the Growth Engine in Finland [electronic resource] / Henrik Braconier
- Imprint
Paris : OECD Publishing, 2012.
- Series
OECD Economics Department Working Papers, 1815-1973 ; no.981
OECD Economics Department Working Papers, 1815-1973 ; no.981.
- Connect to:
- Indexed Term
Economics
Finland
- Other Standard Identifier
10.1787/5k92zp04tlr6-en doi