Danish exports are expected to decline significantly in the coming quarters. However, the composition of Danish exports might ease the fall. Exports of goods account for the majority of Danish exports and are less affected as they largely consist of less cyclical goods. More cyclically sensitive...

The working paper investigates the relationship between export performance and wage competitiveness in the manufacturing sector. Analyses in the paper show that among industrialised countries for the period since 1995 countries with the greatest deterioration in wage competitiveness have also...