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Globalization, Industrial Policy and Clusters

Forslid, Rikard; Ulltveit-Moe, Karen-Helene - C.E.P.R. Discussion Papers - 2002

This Paper analyses industrial policy in a high wage open economy hosting an agglomeration consisting of vertically linked upstream and downstream firms. We show that optimal policy towards upstream industries typically differ from the optimal policy towards downstream industries....

Persistent link: https://www.econbiz.de/10005661682

Sources of Growth: the Entrepreneurial versus the Managed Economy

Audretsch, David B; Thurik, A R Roy - C.E.P.R. Discussion Papers - 1997

The purpose of this paper is to suggest that a fundamental shift in Europe, along with the other OECD countries, is taking place. This shift is from the managed economy to the entrepreneurial economy. While politicians and policy-makers have made a plea for guidance in the era of...

Persistent link: https://www.econbiz.de/10005504288

Industrial Structure, Menu Costs and the Non-Neutrality of Money

Dixon, Huw David; Hansen, Claus Thustrup - C.E.P.R. Discussion Papers - 1997

loss can be as large as 200 times the corresponding symmetric case. This implies that in real world economies, menu costs …

Persistent link: https://www.econbiz.de/10005667017

Industrial Policy and Competition

Aghion, Philippe; Dewatripont, Mathias; Du, Liqun; … - C.E.P.R. Discussion Papers - 2011

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...

Persistent link: https://www.econbiz.de/10009359485

Industrial Policy and Firm Heterogeneity

Barros, Pedro Luis Pita; Nilssen, Tore - C.E.P.R. Discussion Papers - 1998

Our concern is about a firm-specific industrial policy. When R&D subsidies or taxes are differentiated among firms, the question arises which firms in an industry should receive such support. We analyse a situation where firms differ in their R&D technologies in two distinct ways: they differ...

Persistent link: https://www.econbiz.de/10005124475

Industrial Organization and the New Industrial Policy

Audretsch, David B - C.E.P.R. Discussion Papers - 1998

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...

Persistent link: https://www.econbiz.de/10005136586

Economic Development as Self Discovery

Hausmann, Ricardo; Rodrik, Dani - C.E.P.R. Discussion Papers - 2002

In the presence of uncertainty about what a country can be good at producing, there can be great social value to discovering costs of domestic activities because such discoveries can be easily imitated. We develop a general-equilibrium framework for a small open economy to clarify the analytical...

Persistent link: https://www.econbiz.de/10005136685

Trade Policy with Increasing Returns and Imperfect Competition: Contradictory Results from Competing Assumptions

Markusen, James R.; Venables, Anthony J - C.E.P.R. Discussion Papers - 1986

A number of recent papers reach different conclusions concerning the effects of trade and industrial policy on imperfectly competitive industries; the implications for policy are therefore sensitive to assumptions concerning both firm behaviour and market structure. This paper sets out a single...

Persistent link: https://www.econbiz.de/10005067593

Industrial Clusters: Equilibrium, Welfare and Policy

Norman, Victor D; Venables, Anthony J - C.E.P.R. Discussion Papers - 2001

This Paper studies the size and number of industrial clusters that will arise in a multi-country world in which …, because of increasing returns to scale, one sector has a propensity to cluster. It compares the equilibrium with the world … many countries with a cluster. Allowing national governments to subsidize will move the equilibrium to the world welfare …

Persistent link: https://www.econbiz.de/10005067646

Cost Asymmetries in International Subsidy Games: Should Governments Help Winners or Losers?

Neary, J Peter - C.E.P.R. Discussion Papers - 1991

This paper examines the optimality of export subsidies in oligopolistic markets, when home and foreign firms have different costs and there is an opportunity cost to public funds. Subsidies are found to be optimal only for surprisingly low values of the shadow price of government funds, and if...

Persistent link: https://www.econbiz.de/10005497959

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