IDEAS home Printed from https://ideas.repec.org/p/cpr/ceprdp/932.html
   My bibliography  Save this paper

Characteristics of Economic Growth in the Netherlands During the Post-war Period

Author

Listed:
  • de Haan, Jakob
  • de Jong, Herman
  • Van Ark, Bart

Abstract

This paper provides a description of the economic growth process and its major characteristics in the Netherlands from the 1930s up to the present. The first part presents some main characteristics of the long-run growth performance of the Dutch economy. It is shown that the Netherlands has gradually fallen behind the rest of northwestern Europe in terms of per capita income, whereas its labour productivity level -- notably in manufacturing -- remained relatively high. The Dutch economy is characterized as very capital intensive. The second part of the paper provides a chronological account of post-war growth.The final part of the paper deals in detail with three specific aspects of the Dutch economy: (1) the labour market; (2) the dependency on the performance of the external sector; and (3) the relatively high level of public spending and taxation. It is shown that the centralized wage policy in the Netherlands of the 1950s and the 1960s gradually evolved into a system in which free wage negotiations prevailed. Exports are shown to be an important source of growth throughout the period under consideration. The evidence of a negative effect of a large government sector on economic growth is weak in terms of its effect on the supply of labour and capital in the Netherlands.

Suggested Citation

  • de Haan, Jakob & de Jong, Herman & Van Ark, Bart, 1994. "Characteristics of Economic Growth in the Netherlands During the Post-war Period," CEPR Discussion Papers 932, C.E.P.R. Discussion Papers.
  • Handle: RePEc:cpr:ceprdp:932
    as

    Download full text from publisher

    File URL: http://www.cepr.org/active/publications/discussion_papers/dp.php?dpno=932
    Download Restriction: CEPR Discussion Papers are free to download for our researchers, subscribers and members. If you fall into one of these categories but have trouble downloading our papers, please contact us at subscribers@cepr.org

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Keywords

    Economic Growth; External Sector; Government Sector; Labour Market; Per Capita Income; Productivity;

    JEL classification:

    • N14 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations - - - Europe: 1913-
    • N24 - Economic History - - Financial Markets and Institutions - - - Europe: 1913-
    • N44 - Economic History - - Government, War, Law, International Relations, and Regulation - - - Europe: 1913-
    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
    • O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
    • O52 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Europe

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cpr:ceprdp:932. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (). General contact details of provider: .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.