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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP1087 |
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 |
URL | https://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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