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PublicationArticle (with peer review)

Direct and indirect effects of private- and government-sponsored venture capital

Abstract

Starting from the discourse on the impact of private and governmental venture capital investments, we examine the effects of different types of venture capital on firms’ sales, employment and investment. Our results show that both private and governmental venture capital investments boost firm sales with a delay of 2–3 years. The results suggest that VC impacts sales primarily through efficiency gains and to some extent, investments in physical capital investments, whereas no employment effects can be traced. Finally, we find indications of governmental VC investors being more prone to make follow-up investments in stagnating, non-growing firms than private investors.

Engberg, E., Gustavsson Tingvall, P. & Halvarsson, D. (2021). Direct and indirect effects of private- and government-sponsored venture capital. Empirical Economics, 60, 701-735. DOI: 10.1007/s00181-019-01770-w

Details

Author: Engberg, E., Gustavsson Tingvall, P. & Halvarsson, D.
Publication year: 2021
Published in: Empirical Economics

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Ph.D.
Daniel Halvarsson
+460760184541daniel.halvarsson@ratio.se

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Artificial Intelligence for Public Use

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Publication year

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Published in

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Abstract

The public sector faces rising expectations, demographic change and persistent efficiency challenges. This article examines both the potential and limitations of AI in public services. Using an interdisciplinary conceptual framework, it analyses organisational, regulatory, technical and ethical barriers. It also simulates AI’s possible long-term effects on labour demand and productivity in Sweden using administrative data and occupational AI-exposure measures. The scenarios suggest that AI could help ease labour shortages and raise productivity, although effects vary substantially across subsectors and types of organisation. The results are scenarios, not forecasts.

Article (with peer review)

Foreign ownership and transferring of gender norms

Halvarsson, D., Lark, O. & Gustavsson Tingvall, P.

Publication year

2026

Published in

Canadian Journal of Economics/Revue canadienne d’économique. First published 6 October 2026.

Abstract

This article examines whether foreign ownership transfers gender norms across borders and how those norms affect the gender pay gap within Swedish firms. Using matched employer–employee data from Sweden and dynamic difference-in-differences and high-dimensional fixed-effects models, the authors find that foreign ownership narrows the pay gap on average. Acquisitions by investors from more gender-equal countries reduce the gap, while estimated widening from less gender-equal countries is not robust.

Article (without peer review)

DAIOE: Dynamic AI Occupational Exposure (dataset and construction pipeline)

E. Engberg, H. Görg, M. Hellsten, F. Javed, M. Lodefalk, M. Längkvist, N. Monteiro, H. Kyvik Nordås, G. Pulito, S. Schroeder & A. Tang

Publication year

2026

Published in

Zenodo

Abstract

DAIOE is a dataset of occupation-year measures of exposure to artificial intelligence, accompanied by its construction pipeline and documentation. The index combines progress across public AI benchmarks with occupational ability profiles to estimate how exposure changes over time. The dataset covers multiple occupational classifications, including Swedish SSYK. It is a research data resource, not a peer-reviewed article.