Two recent trends combined in an econometric model for the Netherlands: the supply-side and sectoral approach

  • Johan P. Verbruggen
Part of the International Studies In Economic Modelling book series (ISIM)


Distinctive features of the Dutch economy are openness and a relatively large public sector. Compared with an average total government outlay for the OECD countries of just over 40% of GDP in 1983,the Dutch ratio was considerably more than 60%. The openness of the Dutch economy is clear from the fact that exports and imports accounted for 44% and 40% respectively of total sales in 1985. These features are closely related to a growing interest in the modelling of supply-side elements and sectoral aspects of the economy: two recent trends in economic modelling in the Netherlands, which are central to this chapter.


Building Industry Social Security Contribution Cross Price Elasticity Wage Moderation Dutch Economy 
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© Chapman and Hall Ltd 1988

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  • Johan P. Verbruggen

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