| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w26075 |
| 来源ID | Working Paper 26075 |
| China\u2019s Industrial Policy: an Empirical Evaluation | |
| Panle Jia Barwick; Myrto Kalouptsidi; Nahim Bin Zahur | |
| 发表日期 | 2019-07-22 |
| 出版年 | 2019 |
| 语种 | 英语 |
| 摘要 | Despite the historic prevalence of industrial policy and its current popularity, few empirical studies directly evaluate its welfare consequences. This paper examines an important industrial policy in China in the 2000s, aiming to propel the country’s shipbuilding industry to the largest globally. Using comprehensive data on shipyards worldwide and a dynamic model of firm entry, exit, investment, and production, we find that the scale of the policy was massive and boosted China’s domestic investment, entry, and world market share dramatically. On the other hand, it created sizable distortions and led to increased industry fragmentation and idleness. The effectiveness of different policy instruments is mixed: production and investment subsidies can be justified by market share considerations, but entry subsidies are wasteful. Finally, the distortions could have been significantly reduced by implementing counter-cyclical policies and by targeting subsidies towards more productive firms. |
| 主题 | Industrial Organization ; Market Structure and Firm Performance ; Regulatory Economics ; Industry Studies ; Development and Growth |
| URL | https://www.nber.org/papers/w26075 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/583749 |
| 推荐引用方式 GB/T 7714 | Panle Jia Barwick,Myrto Kalouptsidi,Nahim Bin Zahur. China\u2019s Industrial Policy: an Empirical Evaluation. 2019. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w26075.pdf（457KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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