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Trade and Industrial Policy Reform in Latin America
Edwards, Sebastian - 1994
This paper documents and evaluates the process of trade reforms in Latin America from the mid-1980s until 1993. It provides an analytical and historical discussion of the consequences of industrial policies in the region, from the early 1950s when import-substitution ideas were supported by the...
Persistent link: https://www.econbiz.de/10012474147
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China's Macroeconomic Development : The Role of Gradualist Reforms
Chen, Kaiji; Zha, Tao - National Bureau of Economic Research - 2023
This paper reviews recent literature on China's macroeconomic development, emphasizing the critical role of the … gradualist approach over the past four decades. Beyond China's structural transformation, we explore various aspects such as high … illustrates how China's gradual policy reforms, amidst highly imperfect financial markets, have effectively helped spur GDP growth …
Persistent link: https://www.econbiz.de/10014322782
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The Political Economy of Unilateral Trade Liberalization : The Case of Chile
Edwards, Sebastian - 1998
Chile has become a model for reforming economies throughout the world. The purpose of this paper is to analyze the political and economic circumstances surrounding Chile's unilateral trade liberalization during five stages (covering the period 1974-1990s),each being characterized by different...
Persistent link: https://www.econbiz.de/10012472294
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The Plant-Level View of an Industrial Policy : The Korean Heavy Industry Drive of 1973
Kim, Minho; Lee, Munseob; Shin, Yongseok - National Bureau of Economic Research - 2021
Does industrial policy work? This is a subject of long-standing debates among economists and policymakers. Using newly digitized microdata, we evaluate the Korean government's policy that promoted heavy and chemical industries between 1973 and 1979 by cutting taxes and building new industrial...
Persistent link: https://www.econbiz.de/10012629472
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The Effects of Capital Subsidization on Israeli Industry
Bregman, Arie - 1998
An industrial policy of subsidizing physical capital investment has been utilized in many countries in order to encourage export growth and spread economic development to outlying areas. For Israel, we possess a unique time series-cross section micro data set that details investment and its...
Persistent link: https://www.econbiz.de/10012472025
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Autos and the National Industrial Recovery Act : Evidence on Industry Complementarities
Cooper, Russell - 1992
This paper investigates the motivations for, and implications of, the Automobile Industry code under the National Industrial Recovery Act. The amended code contained a provision calling for automobile producers to alter the timing of new model introductions and the annual automobile show as a...
Persistent link: https://www.econbiz.de/10012474875
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The Transition Economies After Ten Years
Fischer, Stanley - 2000
While output declined in virtually all transition economies in the initial years, the speed and extent of the recovery that followed has varied widely across these countries. The contrast between the more and less successful transitions, the latter largely in the former Soviet Union, raises many...
Persistent link: https://www.econbiz.de/10012471103
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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