Economics Research Group

About the research group

The research group emphasizes the importance of competence. The most important factors in productivity growth are investment in education, economic literacy, research, innovation and digitalisation, which can be influenced both directly and indirectly by economic and environmental policies. The research group's projects have a strong societal impact. Project leaders will take part in current discussions related to, among other things, innovation policy and the development of economics education.

The research group focuses particularly on the following themes:

Competence: innovation and intangible capital in companies and the economy
Financial literacy and financial education
Firm-level energy and environmental economics issues
Banking and macroeconomic stability
Connections and interactions between financial markets and the real world

Latest updates

Hanna Leipämaa-Leskinen Vaasan yliopisto

News 23.06.2025

Deceptive practices and online manipulation under scrutiny – Research Council of Finland awards nearly €590,000 to the University of Vaasa’s MisLead project

News 13.06.2025

Professor Panu Kalmi appointed to OECD expert group

Antti Norkio väittelee Vaasan yliopistossa 10. lokakuuta 2024.

Dissertation 04.10.2024

Short-term loans are important for growth firms – entrepreneurs with a master’s degree in business get loans more easily than entrepreneurs with a master’s degree in engineering

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Research projects

Project	Duration	Actors
Misleading Consumers	09/2025 - 08/2029	Marketing and Consumption Research, Communication studies, Economics, Public policy and governance, Cyber-Physical Systems
Investigame	09/2022 - 08/2025	Economics, Accounting and Finance, Technology and Innovations, Cyber-Physical Systems
CEE4WES - Circular Economy Ecosystem for Waste-to-Energy Sector	11/2019 - 09/2020	VEBIC, Strategic business development, Economics, Management, Accounting and Finance, Smart electric systems
GLOBALINTO	02/2019 - 01/2022	Economics, Accounting and Finance

Publications

Publication year	Publication	Authors
2025	Intangibles From Intangible Capital Work: Their Valuation and Technological Change	Piekkola, Hannu; Bloch, Carter; Rybalka, Marina; Redek, Tjaša
2025	How harmful are fossil fuel subsidies to the diffusion of low-carbon energy technologies?	Rahko, Jaana; Onifade, Stephen Taiwo; Alola, Andrew Adewale
2025	The cruciality of environmental degradation, energy use and urbanization to policy framework for sustainable growth and development: evidence from Spain	Bekun, Festus; Adebayo, Sunday; Agboola, Mary; Onifade, Stephen Taiwo; Awosusi, Abraham
2025	Synthesizing eco-efficiency within EU's inclusive finance: Do environmental policy stringency and renewable energy make a difference?	Satrovic, Elma; Onifade, Stephen Taiwo; Haouas, Ilham
2025	Ecological-linked technology, institutional quality and environmental sustainability: Evidence from E7 economies	Gyamfi, Bright Akwasi; Ofori, Elvis Kwame; Onifade, Stephen Taiwo; Alharthi, Majed; Prah, Stephen; Elheddad, Mohammed
2025	On China's sustainable future: How do eco-technological innovations and financial development moderate the tourism-environmental pollution nexus?	Musah, Mohammed; Mensah, Isaac Adjei; Onifade, Stephen Taiwo; Ankrah, Isaac; Gyamfi, Bright
2025	Predictive Power of Key Financial Variables During the Unconventional Monetary Policy Era	Kuosmanen, Petri; Vataja, Juuso
2024	Machine Learning Insights into Nordic CO2 Emission Trends	Al-Asadi, Mustafa; Onifade, Stephen Taiwo
2024	Design and Innovation Performance : An Analysis of the Multifaceted Concept of Design	Bloch, Carter; Eklund, Carita
2024	Synergizing energy investments, environmental taxation, and innovative technology within carbon neutrality targets of E7 bloc: Do institutional pathways and structural changes matter?	Gyamfi, Bright Akwasi; Onifade, Stephen Taiwo; Ofori, Elvis Kwame; Prah, Stephen