| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP1969 |
| DP1969 The Political Economy of Inflation, Labour Market Distortions and Central Bank Independence | |
| Manfred J.M. Neumann; Berthold Herrendorf | |
| 发表日期 | 1998-10-31 |
| 出版年 | 1998 |
| 语种 | 英语 |
| 摘要 | The purpose of this paper is to try to shed some new light on the current industrial policy crisis. This paper proposes that the industrial policy debate is shaped by knowledge about the functioning of the underlying industrial structure, which in turn is the Gegenstand of scholars in the field of industrial economics. The main conclusion is that the current industrial policy dilemma is the result of a shift in the fundamental long-run forces underlying the organization of industries. The declining long-run average cost curves characteristic of manufacturing for the better part of a century have given way to the generation and commercialization of new knowledge as the predominant economic force determining comparative advantage. The traditional instruments of industrial policy - anti-trust, regulation and public ownership - have correspondingly given way to a new set of industrial policies that, rather than focusing on restraining the freedom of large corporations to contract, are devoted to the creation and commercialization of new knowledge. |
| 主题 | Industrial Organization |
| 关键词 | Antitrust Economic development Industrial evolution Industrial policy Industry evolution Public ownership Regulation |
| URL | https://cepr.org/publications/dp1969 |
| 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/531114 |
| 推荐引用方式 GB/T 7714 | Manfred J.M. Neumann,Berthold Herrendorf. DP1969 The Political Economy of Inflation, Labour Market Distortions and Central Bank Independence. 1998. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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