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China’s Industrial Policy : an Empirical Evaluation
Barwick, Panle Jia - 2019
evaluate its welfare consequences. This paper examines an important industrial policy in China in the 2000s, aiming to propel … model of firm entry, exit, investment, and production, we find that the scale of the policy was massive and boosted China …
Persistent link: https://www.econbiz.de/10012480022
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Growth Policy, Agglomeration, and (the Lack of) Competition
Brooks, Wyatt J. - 2016
Industrial clusters are promoted by policy and generally viewed as good for growth and development, but both clusters and policies may also enable non-competitive behavior. This paper studies the presence of non-competitive pricing in geographic industrial clusters. We develop, validate, and...
Persistent link: https://www.econbiz.de/10012455733
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Mild Government Failure
Wei, Shang-jin; Xu, Jianhuan; Yin, Ge; Zhang, Xiaobo - National Bureau of Economic Research - 2023
- can significantly affect the efficacy of industrial policy. We investigate this idea in the context of China's largest pro …
Persistent link: https://www.econbiz.de/10014250195
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Picking Winners? Government Subsidies and Firm Productivity in China
Branstetter, Lee; Li, Guangwei; Ren, Mengjia - National Bureau of Economic Research - 2022
subsidies provided to China's publicly traded firms. We categorize subsidies into different types. We then estimate total … suggest that China's increasingly prescriptive industrial policies may have generated limited effects in promoting …
Persistent link: https://www.econbiz.de/10013477191
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Does "Made in China 2025" Work for China? : Evidence from Chinese Listed Firms
Branstetter, Lee; Li, Guangwei - National Bureau of Economic Research - 2022
Rising concern over the impact of Chinese industrial policy has led to severe trade tensions between China and some of … its major trading partners. In recent years, foreign criticism has increasingly focused on the so-called "Made in China …-in-differences approach to examine how the "Made in China 2025" policy initiative has impacted firms' receipt of subsidies, R&D expenditure …
Persistent link: https://www.econbiz.de/10013462724
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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 …
Persistent link: https://www.econbiz.de/10015056122
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Growth, Reform Indicators and Policy Complementaries
de Macedo, Jorge Braga - 2006
This paper discusses the design of structural policies by relating second-best results and the complementarity of reforms. It computes a complementarity index based on structural reform indicators compiled by the EBRD for transition countries, assuming that the run-up to EU integration...
Persistent link: https://www.econbiz.de/10012466121
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On the Sequencing of Structural Reforms
Edwards, Sebastian - 1989
Both OECD and developing economies have embarked on structural reforms aimed at dismantling regulations and reducing the extent of distortions affecting different sectors of their economies. Regardless of the marked difference, both groups have to deal with the problems of the appropriate...
Persistent link: https://www.econbiz.de/10012475905
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A Dynamic Analysis of the Market for Wide-Bodied Commercial Aircraft
Benkard, C. Lanier - 2000
This paper develops a multi-agent dynamic model of the commercial aircraft industry and then uses that model to analyze industry pricing, industry performance, and optimal industry policy. In the model, firms are differentiated in their products and cost structure, and entry, exit, prices, and...
Persistent link: https://www.econbiz.de/10012471051
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Wage-Setting Institutions as Industrial Policy
Davis, Steven J. - 2000
Centralized wage-setting institutions compress relative wages. Motivated by this fact, we investigate the effects of centralized wage setting on the industry distribution of employment. We examine Sweden's industry distribution from 1960 to 1994 and compare it to the U.S. distribution over the...
Persistent link: https://www.econbiz.de/10012471274