Efficiency of Fiscal Measures in Preventing Out-migration from North Finland

Hannu Kalevi Törmä; Thomas F. Rutherford

Efficiency of Fiscal Measures in Preventing Out-migration from North Finland

Julkaisun otsikon käännös: Julkisten ohjauskeinojen tehokkuus ehkäistä poismuuttoa Pohjois-Suomesta

Hannu Kalevi Törmä
, Thomas F. Rutherford

Ruralia-instituutti, Seinäjoki

Tutkimustuotos: Artikkelijulkaisu › Artikkeli › Tieteellinen › vertaisarvioitu

Abstrakti

This paper introduces 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. The macroeconomic effects of a regional policy applied to North Finland
are considered to be similar to tax reforms that have been implemented in Norway. Tax incentives affect individual choices regarding
both migration and employment. Also studied is a value-added tax reform where labour costs are exempted from the tax base.
The simulations seem to indicate that the regional differentiation of the employers’ social security contributions and the valueadded
tax reform could be effective tools of regional policy.

Julkaisun otsikon käännös	Julkisten ohjauskeinojen tehokkuus ehkäistä poismuuttoa Pohjois-Suomesta
Alkuperäiskieli	englanti
Lehti	Regional Studies
Vuosikerta	44
Numero	4
Sivut	465-475
Sivumäärä	11
ISSN	0034-3404
Tila	Julkaistu - 2010
OKM-julkaisutyyppi	A1 Alkuperäisartikkeli tieteellisessä aikakauslehdessä, vertaisarvioitu

Tieteenalat

511 Kansantaloustiede
CGE-mallinnus
numeerinen simulointi

Siteeraa tätä

@article{8d1c5ce81a7f495284ae703b5b0cfa88,

title = "Efficiency of Fiscal Measures in Preventing Out-migration from North Finland",

abstract = "This paper introduces 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. The macroeconomic effects of a regional policy applied to North Finland are considered to be similar to tax reforms that have been implemented in Norway. Tax incentives affect individual choices regarding both migration and employment. Also studied is a value-added tax reform where labour costs are exempted from the tax base. The simulations seem to indicate that the regional differentiation of the employers{\textquoteright} social security contributions and the valueadded tax reform could be effective tools of regional policy.",

keywords = "511 Economics, CGE-mallinnus, numeerinen simulointi",

author = "T{\"o}rm{\"a}, \{Hannu Kalevi\} and Rutherford, \{Thomas F.\}",

year = "2010",

language = "English",

volume = "44",

pages = "465--475",

journal = "Regional Studies",

issn = "0034-3404",

publisher = "Routledge",

number = "4",

}

TY - JOUR

T1 - Efficiency of Fiscal Measures in Preventing Out-migration from North Finland

AU - Törmä, Hannu Kalevi

AU - Rutherford, Thomas F.

PY - 2010

Y1 - 2010

N2 - This paper introduces 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. The macroeconomic effects of a regional policy applied to North Finland are considered to be similar to tax reforms that have been implemented in Norway. Tax incentives affect individual choices regarding both migration and employment. Also studied is a value-added tax reform where labour costs are exempted from the tax base. The simulations seem to indicate that the regional differentiation of the employers’ social security contributions and the valueadded tax reform could be effective tools of regional policy.

AB - This paper introduces 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. The macroeconomic effects of a regional policy applied to North Finland are considered to be similar to tax reforms that have been implemented in Norway. Tax incentives affect individual choices regarding both migration and employment. Also studied is a value-added tax reform where labour costs are exempted from the tax base. The simulations seem to indicate that the regional differentiation of the employers’ social security contributions and the valueadded tax reform could be effective tools of regional policy.

KW - 511 Economics

KW - CGE-mallinnus

KW - numeerinen simulointi

M3 - Article

SN - 0034-3404

VL - 44

SP - 465

EP - 475

JO - Regional Studies

JF - Regional Studies

IS - 4

ER -