The Efficiency of Fiscal Measures in Preventing Out Migration from North Finland
Abstract In this paper we introduce a computable general equilibrium (CGE) model for the Finnish regional economy, RegFin. This multi-sector and interregional model characterizes economic activity in the regions of Lappi, Pohjois-Pohjanmaa, Kainuu, Keski-Pohjanmaa and the rest of Finland. Unemployme...
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2011
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Online Access: | http://hdl.handle.net/2262/55088 https://doi.org/10.1080/00343400802508786 |
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fttrinitycoll:oai:tara.tcd.ie:2262/55088 2023-05-15T17:39:13+02:00 The Efficiency of Fiscal Measures in Preventing Out Migration from North Finland 2011-04-23T00:44:54Z http://hdl.handle.net/2262/55088 https://doi.org/10.1080/00343400802508786 en eng Taylor & Francis N (eISSN) 0034-3404 (ISSN) CRES (PII) CRES-2004-0021.R3 (manuscript) CRES-2004-0021.R3 (publisherID) http://hdl.handle.net/2262/55088 Regional Studies 44 04 465 475 doi:10.1080/00343400802508786 12 months Social Sciences & Humanities 2011 fttrinitycoll https://doi.org/10.1080/00343400802508786 2020-02-16T13:52:04Z Abstract In this paper we introduce a computable general equilibrium (CGE) model for the Finnish regional economy, RegFin. This multi-sector and interregional model characterizes economic activity in the regions of Lappi, Pohjois-Pohjanmaa, Kainuu, Keski-Pohjanmaa and the rest of Finland. Unemployment and net migration are determined endogenously within the model. We consider the macroeconomic effects of a regional policy applied to North Finland that is similar to tax reforms which have been implemented in Norway. The key feature of the policy concerns regionally differentiated tax rates. Tax incentives affect individual choices regarding both migration and employment. We also study a value-added tax reform where labour costs are exempted from the tax base. Our simulations seem to indicate that the regional differentiation of the social security payments of the employers and the value-added tax reform could be effective tools of regional policy. hannu.torma@helsinki.fi (Torma, Hannu Kalevi) rutherford@colorado.edu (Rutherford, Thomas) University of Helsinki, Institute for Rural Research & Training - 60320 Sinajoki - FINLAND (Torma, Hannu Kalevi) University of Colorado at Boulder - Boulder - UNITED STATES (Rutherford, Thomas) FINLAND UNITED STATES Other/Unknown Material North Finland Lappi The University of Dublin, Trinity College: TARA (Trinity's Access to Research Archive) Norway Kainuu ENVELOPE(28.000,28.000,66.000,66.000) Regional Studies 44 4 465 475 |
institution |
Open Polar |
collection |
The University of Dublin, Trinity College: TARA (Trinity's Access to Research Archive) |
op_collection_id |
fttrinitycoll |
language |
English |
topic |
Social Sciences & Humanities |
spellingShingle |
Social Sciences & Humanities The Efficiency of Fiscal Measures in Preventing Out Migration from North Finland |
topic_facet |
Social Sciences & Humanities |
description |
Abstract In this paper we introduce a computable general equilibrium (CGE) model for the Finnish regional economy, RegFin. This multi-sector and interregional model characterizes economic activity in the regions of Lappi, Pohjois-Pohjanmaa, Kainuu, Keski-Pohjanmaa and the rest of Finland. Unemployment and net migration are determined endogenously within the model. We consider the macroeconomic effects of a regional policy applied to North Finland that is similar to tax reforms which have been implemented in Norway. The key feature of the policy concerns regionally differentiated tax rates. Tax incentives affect individual choices regarding both migration and employment. We also study a value-added tax reform where labour costs are exempted from the tax base. Our simulations seem to indicate that the regional differentiation of the social security payments of the employers and the value-added tax reform could be effective tools of regional policy. hannu.torma@helsinki.fi (Torma, Hannu Kalevi) rutherford@colorado.edu (Rutherford, Thomas) University of Helsinki, Institute for Rural Research & Training - 60320 Sinajoki - FINLAND (Torma, Hannu Kalevi) University of Colorado at Boulder - Boulder - UNITED STATES (Rutherford, Thomas) FINLAND UNITED STATES |
title |
The Efficiency of Fiscal Measures in Preventing Out Migration from North Finland |
title_short |
The Efficiency of Fiscal Measures in Preventing Out Migration from North Finland |
title_full |
The Efficiency of Fiscal Measures in Preventing Out Migration from North Finland |
title_fullStr |
The Efficiency of Fiscal Measures in Preventing Out Migration from North Finland |
title_full_unstemmed |
The Efficiency of Fiscal Measures in Preventing Out Migration from North Finland |
title_sort |
efficiency of fiscal measures in preventing out migration from north finland |
publisher |
Taylor & Francis |
publishDate |
2011 |
url |
http://hdl.handle.net/2262/55088 https://doi.org/10.1080/00343400802508786 |
long_lat |
ENVELOPE(28.000,28.000,66.000,66.000) |
geographic |
Norway Kainuu |
geographic_facet |
Norway Kainuu |
genre |
North Finland Lappi |
genre_facet |
North Finland Lappi |
op_relation |
N (eISSN) 0034-3404 (ISSN) CRES (PII) CRES-2004-0021.R3 (manuscript) CRES-2004-0021.R3 (publisherID) http://hdl.handle.net/2262/55088 Regional Studies 44 04 465 475 doi:10.1080/00343400802508786 |
op_rights |
12 months |
op_doi |
https://doi.org/10.1080/00343400802508786 |
container_title |
Regional Studies |
container_volume |
44 |
container_issue |
4 |
container_start_page |
465 |
op_container_end_page |
475 |
_version_ |
1766139984472965120 |