全球智库信息集成服务系统(G2TT): DP8619 Industrial Policy and Competition

G2TT

来源类型	Discussion paper
规范类型	论文
来源ID	DP8619
	DP8619 Industrial Policy and Competition
	Mathias Dewatripont; Philippe Aghion; Ann Harrison; Liqun Du
发表日期	2011-11-01
出版年	2011
语种	英语
摘要	The economic slowdown in the 70s in Latin America and Japan in the late 90s, generated a growing skepticism about the role of industrial policy in the process of economic development. Yet, new considerations have emerged over the recent period, which invite us to revisit the issue. This paper argues that sectoral state aids tend to foster productivity, productivity growth, and product innovation to a larger extent when it targets more competitive sectors and when it is not concentrated on one or a small number of firms in the sector. Using a theoretical framework in which two firms may choose either to operate in the same "higher-growth" sector or in different, "lower-growth" sector. We use a panel of medium and large Chinese enterprises for the period 1998 through 2007 to test for complementarity between competition and industrial policy. A main implication from our analysis is that the debate on industrial policy should no longer be for or against having such a policy. As it turns out, sectoral policies are being implemented in one form or another by a large number of countries worldwide, starting with China. Rather, the issue should be on how to design and govern sectoral policies in order to make them more competition-friendly and therefore more growth-enhancing.
主题	Industrial Organization ; Public Economics
关键词	Industrial policy Competition Application fees Intellectual property policy Patent system Innovation and productivity Renewal fees
URL	https://cepr.org/publications/dp8619
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/537464
推荐引用方式 GB/T 7714	Mathias Dewatripont,Philippe Aghion,Ann Harrison,et al. DP8619 Industrial Policy and Competition. 2011.