økonomi har siden 1998 været teoretisk begrundet i en underliggende Cobb-Douglas teknologi (i

kombination med en antagelse om omkostningsminimering). I SMEC-forgængeren SMEC 94 var det

derimod markup-pricing, der blev påberåbt som det teoretiske rationale. Denne artikel giver for det

første en stiliseret fremstilling af, hvordan DØRS forestiller sig Cobb-Douglas set-up’et bestemme

BFI- deflatoren og prisen på indenlandsk produktion. Mere væsentligt demonstrerer artiklen for det

andet, at det anførte teoretiske rationale er hult: at prisrelationerne og faktorefterspørgslen i bund og

grund er tautologier, og at prisdannelsen i SMEC 99 trods det ydre skin er uden egentlig teoretisk

forankring

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Paper provided by University of Aarhus, Aarhus School of Business, Department of Economics in its series Working Papers with number 05-12.

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Length: 45 pages
Date of creation: 07 Dec 2005
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Handle: RePEc:hhs:aareco:2005_012

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This paper has been announced in the following NEP Reports:

• NEP-ALL-2006-05-13 (All new papers)
• NEP-MAC-2006-05-13 (Macroeconomics)

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