A Negotiated Economy? Public Regulation of the Manufacturing Sector in Denmark

In: Scandinavian political studies, Volume 17, Issue 4, p. 305-319

Abstract

The concept of the negotiated economy intuitively catches important developments in state‐market relations. The fruitfulness of the recent development of the negotiated economy as a macro concept is questioned. Two theses deduced from the concept are tested against public regulation of the Danish manufacturing sector. Although regulatory demands on manufacturing firms have increased the complexity of the political environment of firms. the negotiated economy is not an adequate theoretical concept for describing and explaining the increased interdependence of state and market. The negotiated economy might be useful at the sector or sub‐sector level, but for empirical analysis the concept should be more precisely defined.