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Sluggish Productivity Growth in Denmark: The Usual Suspects?

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  • Muge Adalet McGowan
  • Stéphanie Jamet

Abstract

Despite sound policies and institutions, Danish productivity has grown modestly over the past decade, both historically and in relation to other countries, contributing to weak economic growth and an erosion in competitiveness. An examination of the four potential drivers of this puzzle, namely competition, education, labour market flexibility and the size of the public sector, shows that there is room for improvement in all areas, calling for action on each of these fronts. This Working Paper relates to the 2012 OECD Economic Survey of Denmark (www.oecd.org/eco/surveys/denmark). Croissance de la productivité anémique du Danemark : les suspects habituels ? Malgré des politiques et institutions saines, la productivité danoise a connu une croissance modeste au cours de la dernière décennie, à la fois historiquement et par rapport à d'autres pays. Celle-ci a contribué à une croissance économique faible et une érosion de la compétitivité. L'analyse de quatre facteurs potentiels de ce puzzle, à savoir la concurrence, l'éducation, la flexibilité du marché du travail et la taille du secteur public, montre que des améliorations sont possibles dans tous ces domaines, appelant à des actions sur chacun de ces fronts. Ce Document de travail se rapporte à l’Étude économique de l’OCDE du Danemark, 2012 (www.oecd.org/eco/etudes/danemark).

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Bibliographic Info

Paper provided by OECD Publishing in its series OECD Economics Department Working Papers with number 975.

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Date of creation: 02 Jul 2012
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Handle: RePEc:oec:ecoaaa:975-en

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Keywords: employment protection legislation; education; employment; Denmark; growth; productivity; competition; government size; taille du gouvernement; croissance; législation sur la protection de l'emploi; productivité; éducation; concurrence; Danemark;

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Cited by:
  1. Strohmaier, Rita & Rainer, Andreas, 2013. "On the Eonomic Purpose of General Purpose Technologies: A Combined Classical and Evolutionary Framework," MPRA Paper 45964, University Library of Munich, Germany.

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