Prisdannelsen og faktorefterspørgslen i Det økonomiske Råds sekretariats SMEC-model af dansk <p> økonomi har siden 1998 været teoretisk begrundet i en underliggende Cobb-Douglas teknologi (i <p> kombination med en antagelse om omkostningsminimering). I SMEC-forgængeren SMEC 94 var det <p> derimod...</p></p></p>

We know a lot about what kinds of policies are needed to support the development of productive sectors, but much less about why governments pursue these policies and why some governments achieve better outcomes than others. The paper reviews the many but disparate arguments on the comparative...