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Working papers from the Economics Department of the OECD that cover the full range of the Department’s work including the economic situation, policy analysis and projections; fiscal policy, public expenditure and taxation; and structural issues including ageing, growth and productivity, migration, environment, human capital, housing, trade and investment, labour markets, regulatory reform, competition, health, and other issues.
The views expressed in these papers are those of the author(s) and do not necessarily reflect those of the OECD or of the governments of its member countries.
Trade Specialisation and Policies to Foster Competition and Innovation in Denmark
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- Muge Adalet McGowan1
- Author Affiliations
- 1: OECD, France
- 03 June 2014
- Bibliographic information
Danish productivity has grown only weakly over the past two decades, both historically and in relation to other countries, despite sound policies and institutions. At the same time, the country has lost export market shares. Denmark needs to continue its efforts to reap the benefits of globalisation, which would contribute to invigorating productivity growth. Fostering competition by removing regulatory barriers and improving public procurement would help. In addition, innovation policy needs to become more efficient and more in line with the growing importance of the service sector and knowledge-based capital. Small and medium-sized enterprises could be better integrated into global markets by improving their access to finance and developing the entrepreneurship culture. This Working Paper relates to the 2013 OECD Economic Survey of Denmark (www.oecd.org/economic-surveydenmark. htm).
- export market shares, productivity, trade specialisation, global value chains, competition, Denmark, innovation, regulation, small and medium-sized enterprises
- JEL Classification:
- D24: Microeconomics / Production and Organizations / Production ; Cost ; Capital ; Capital, Total Factor, and Multifactor Productivity ; Capacity
- F1: International Economics / Trade
- F6: International Economics / Economic Impacts of Globalization
- O3: Economic Development, Innovation, Technological Change, and Growth / Innovation ; Research and Development ; Technological Change ; Intellectual Property Rights
- O4: Economic Development, Innovation, Technological Change, and Growth / Economic Growth and Aggregate Productivity