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Aghion, Philippe - 2012

industrial policies allocated to competitive sectors or that foster competition in a sector increase productivity growth. We … measure competition using the Lerner Index and include as industrial policies subsidies, tax holidays, loans, and tariffs …. Measures to foster competition include policies that are more dispersed across firms in a sector or measures that encourage …

Persistent link: https://www.econbiz.de/10012460611

Creative Destruction, Distance to Frontier, and Economic Development

Peters, Michael; Zilibotti, Fabrizio - National Bureau of Economic Research - 2021

We construct a model of creative destruction with endogenous firm dynamics. We integrate the theory into a general equilibrium multi-country model of technological convergence where countries interact via international spillovers. We derive implications for both firm dynamics and aggregate...

Persistent link: https://www.econbiz.de/10012660011

China’s Industrial Policy : an Empirical Evaluation

Barwick, Panle Jia - 2019

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...

Persistent link: https://www.econbiz.de/10012480022

How Do U.S. Firms Withstand Foreign Industrial Policies?

Cen, Xiao; Fos, Vyacheslav; Jiang, Wei - National Bureau of Economic Research - 2024

China's industrial policies ("Five-Year Plans") displace U.S. production/employment and heighten plant closures in the same industries as those targeted by the policies in China. The impact was not anticipated by the stock market, but U.S. companies in the "treated industries" suffer a valuation...

Persistent link: https://www.econbiz.de/10014544690

The Exchange Rate as an Industrial Policy

Ottonello, Pablo; Perez, Diego J.; Witheridge, William - National Bureau of Economic Research - 2024

We study the role of exchange rates in industrial policy. We construct an open-economy macroeconomic framework with production externalities and show that the desirability of these policies critically depends on the dynamic patterns of externalities. When they are stronger in earlier stages of...

Persistent link: https://www.econbiz.de/10014544799

Industrial Policy and Downstream Export Performance

Blonigen, Bruce - 2013

Industrial policies (IPs) include such varying practices as production subsidies, export subsidies, and import protection, and are commonly used by countries to promote targeted sectors. However, such policies can have significant impacts on sectors other than those targeted by the IPs,...

Persistent link: https://www.econbiz.de/10012459971

Economic regulation and its reform : what have we learned?

Rose, Nancy L. (contributor) - 2014

Persistent link: https://www.econbiz.de/10013480765

Sabotage as Industrial Policy

Liu, Jin; Rotemberg, Martin; Traiberman, Sharon - National Bureau of Economic Research - 2024

We characterize sabotage, exemplified by recent U.S. policies concerning China's semiconductor industry, as trade policy. For some (but not all) goods, completely destroying foreigners' productivity increases domestic real income by shifting the location of production and improving the terms of...

Persistent link: https://www.econbiz.de/10015056122

The economics of school choice

Hoxby, Caroline M. (ed.) - 2003

Persistent link: https://www.econbiz.de/10001686747

The Adoption of Offset Presses in the Daily Newspaper Industry in the United States

Genesove, David - 1999

This paper shows that the move to offset printing from letterpress in the U.S. daily newspaper publishing industry was determined, in part, by the structure of the local market. Although in monopoly markets, low circulation papers were quicker to adopt than high circulation papers, the ranking...

Persistent link: https://www.econbiz.de/10012471720