| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP450 |
| DP450 Why Industrial Policies Fail: Limited Commitment | |
| Larry Karp; Jeffrey Perloff | |
| 发表日期 | 1990-08-01 |
| 出版年 | 1990 |
| 语种 | 英语 |
| 摘要 | Government policies designed to give domestic exporters a strategic advantage in world markets are completely effective only if the government can commit to those policies for as long as they affect firms' decisions. Export subsidies or other output policies that affect firms only in the current period could, it is true, be used strategically without long-term commitments, but international agreements or fears of retaliation limit their use. The shorter the period of a government's commitment to an investment or industrial policy that affects firms over many periods, the less its strategic value, because the government loses the "first mover" advantage it would have in a one-period market. |
| 主题 | International Trade and Regional Economics |
| 关键词 | Commercial policy Exports Industrial policy Subsidies Trade agreements |
| URL | https://cepr.org/publications/dp450 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/529605 |
| 推荐引用方式 GB/T 7714 | Larry Karp,Jeffrey Perloff. DP450 Why Industrial Policies Fail: Limited Commitment. 1990. |
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