G2TT
来源类型Discussion paper
规范类型论文
来源IDDP1087
DP1087 Europe's Golden Age: An Econometric Investigation of Changing Trend Rates of Growth
Nicholas Crafts; Terence Mills
发表日期1995-01-31
出版年1995
语种英语
摘要This paper assesses the coherence between industrial policy, competition policy and trade policy in the European Union (EU). This assessment is undertaken from the perspective of the optimal deployment of economic policies as prescribed by economic analysis and takes into consideration the legal mandate and the institutional constraints imposed by EU treaties and regulations. The analysis shows that as a result of the limited policy tools available to the Union, trade and competition policies have to fulfil several competing goals. This multiplicity of objectives leads to non-optimal interventions. Policy inconsistencies arise also between trade/competition policies and the industrial policy of Member States. Current policy practice leads to inefficient outcomes both in mature and sunrise industries. These inefficiencies could be reduced with a reinforcement of integration policies (notably, state aid control). The paper argues that the current institutional arrangements allow for a strengthening of centralized industrial policy, however, which could be usefully utilized to achieve more efficient outcomes. Other policy conflicts, mostly between trade and competition policies, are also discussed.
主题Industrial Organization
关键词Competition policy Industrial policy Trade policy
URLhttps://cepr.org/publications/dp1087
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/530236
推荐引用方式
GB/T 7714
Nicholas Crafts,Terence Mills. DP1087 Europe's Golden Age: An Econometric Investigation of Changing Trend Rates of Growth. 1995.
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