Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/261372 
Year of Publication: 
2022
Series/Report no.: 
BoF Economics Review No. 5/2022
Publisher: 
Bank of Finland, Helsinki
Abstract: 
This paper tries to find an answer to the question of why has Finnish exports performed so poorly during the last two decades. It also tries to assess the related question of why is the level of openness of the Finnish economy much lower than in neighboring countries and countries with similar size and structural features of the economy. The market share analysis shows that Finnish export performance has suffered from unfavorable structure of markets and commodities in particular during the last ten years. The quality of exports has also deteriorated over time so that the share of raw materials and intermediate goods has grown. This has had unfavorable implications on export prices and the terms of trade.
Subjects: 
export performance
export market share
gravitation model
JEL: 
F14
F43
F62
Persistent Identifier of the first edition: 
Document Type: 
Research Report

Files in This Item:
File
Size
746.49 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.