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Estonia: Raising Productivity and Benefitting more from Openness

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  • Andreas Kappeler

    (OECD)

Abstract

Estonia can revitalise productivity growth and reap more benefits from its openness. Productivity is relatively low in manufacturing and in large firms, as the manufacturing sector focuses on low-technology goods exports to only a small number of destinations. The economic impact of the Estonian R&D system still appears to be limited, also because of a lack of knowledge transfer. Building on Estonia’s favourable business environment, productivity growth could be raised by promoting smart specialisation and innovation; removing remaining barriers to entrepreneurship and competition; ensuring access to finance for SMEs; upgrading infrastructure; and improving energy efficiency. This Working Paper relates to the 2014 OECD Economic Survey (www.oecd.org/eco/surveys/economic-survey-estonia.htm). Estonie : accroître la productivité et tirer davantage parti de l'ouverture de l'économie L’Estonie peut dynamiser la croissance de sa productivité et tirer davantage parti de l’ouverture de son économie. La productivité est relativement faible dans le secteur manufacturier et dans les grandes entreprises, car l’activité manufacturière est orientée essentiellement vers les exportations de biens à faible intensité technologique à destination d’un petit nombre de marchés. L’impact économique du système de R-D de l’Estonie semble encore limité, en raison pour partie de l’insuffisance des transferts de connaissances. Le pays offrant des conditions favorables à l’activité d’entreprise, la croissance de la productivité pourrait être renforcée en favorisant l’innovation et la spécialisation intelligente ; en supprimant les facteurs qui entravent encore l’entrepreneuriat et la concurrence ; en faisant en sorte que les PME aient accès à des financements ; en rénovant l’infrastructure ; et en améliorant l’efficacité énergétique. Ce document de travail se rapporte à l’Étude économique de l’OCDE 2014 sur Estonie (www.oecd.org/fr/eco/etudes/etude-economique-estonie.htm).

Suggested Citation

  • Andreas Kappeler, 2015. "Estonia: Raising Productivity and Benefitting more from Openness," OECD Economics Department Working Papers 1215, OECD Publishing.
    • Handle: RePEc:oec:ecoaaa:1215-en
    DOI: 10.1787/5js1qvnqwcbt-en
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    References listed on IDEAS

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    1. Reto Föllmi & Angela Fuest & Philipp an de Meulen & Martin Micheli & Torsten Schmidt & Lina Zwick, 2018. "Openness and productivity of the Swiss economy," Swiss Journal of Economics and Statistics, Springer;Swiss Society of Economics and Statistics, vol. 154(1), pages 1-21, December.

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