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| Author: | Jalava, J. |
| Title: | Growth and productivity in the Finnish trade industry, 1975-2003: A national comparative perspective |
| Journal: | Scandinavian economic history review
2008 : VOL. 56:1, p. 1-20 |
| Index terms: | trade growth productivity structural change Nordic countries Finland |
| Language: | eng |
| Abstract: | This article compares historical growth and productivity development in Finnish trade with that of the rest of the economy. The author takes a quantitative look at the labor productivity and its structural change to understand Finland´s poor performance in service productivity. The subject is important because the share of services in production is ever increasing and the so-called Baumol's Disease forecasts that overall productivity growth will slow down as resources shift to service industries. |
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