Beyond industrial policy : emerging issues and new trends / Ken Warwick
Resource type: Ressourcentyp: Buch (Online)Book (Online)Language: English Series: OECD. OECD Science, technology and industry policy papers ; no. 2Publisher: Paris : OECD Publishing, 2013Description: 1 Online-Ressource (circa 57 Seiten) : IllustrationenSubject(s): Genre/Form: DOI: DOI: 10.1787/5k4869clw0xp-enOnline resources: Summary: This paper reviews the evidence on emerging thinking and new trends in the sphere of industrial policy. The paper adopts a broad and inclusive definition of industrial policy, and proposes a new typology based on the orientation of policy and the policy domain. Looking at a typology according to the policy domain, the paper proposes a framework based on growth accounting, which parallels the evolution of thinking about the rationale for industrial policy interventions, which has moved from a traditional approach based largely on product market interventions (production subsidies, state ownership, tariff protection), through market failure-correcting taxes and subsidies operating mainly on factor markets (R&D incentives, training subsidies, investment allowances, help with access to finance) to a focus on interventions that help build systems, create networks, develop institutions and align strategic priorities.PPN: PPN: 884267261Package identifier: Produktsigel: ZDB-13-SOC | ZDB-13-SOC-ebookNo physical items for this record