G2TT
来源类型Discussion paper
规范类型论文
来源IDDP13931
DP13931 The Textbook Case for Industrial Policy: Theory Meets Data
Arnaud Costinot; Dominick Bartelme; Dave Donaldson; Andres Rodríguez-Clare
发表日期2019-08-14
出版年2019
语种英语
摘要The textbook case for industrial policy is well understood. If some sectors are subject to external economies of scale, whereas others are not, a government should subsidize the first group of sectors at the expense of the second. The empirical relevance of this argument, however, remains unclear. In this paper we develop a strategy to estimate sector-level economies of scale and evaluate the gains from such policy interventions in an open economy. Our benchmark results point towards significant and heterogeneous economies of scale across manufacturing sectors, but only modest gains from industrial policy, below 1% of GDP on average. Though these gains can be larger in some of the alternative environments that we consider, they are always smaller than the gains from optimal trade policy.
主题International Trade and Regional Economics
URLhttps://cepr.org/publications/dp13931
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/542812
推荐引用方式
GB/T 7714
Arnaud Costinot,Dominick Bartelme,Dave Donaldson,et al. DP13931 The Textbook Case for Industrial Policy: Theory Meets Data. 2019.
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