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GROWTH AND BUSINESS CYCLES IN
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activities agricultural assets average basic billion bonds business cycle central bank changes Chapter competition consumption contribution costs current account Danish economy Danmarks Nationalbank Danmarks Statistik Statistics Dansk demand domestic economic growth effect employees energy European exchange rate policy expenditure exports factors Figure financial markets Finland firms fixed exchange rate foreign global gross growth accounting growth rate housing important includes increase innovation interest rate investments labour force participation labour market manufacturing measured monetary policy national accounts natural capital OECD OECD countries output payments pension perfect competition period price index problems production public sector R&D intensity reduced relative to GDP role service sector share social Source Statistik Statistics Denmark structure subsidies substantial Sweden Table tax rate taxation TFP growth trade transfers turnover unemployed Union value added wage welfare model