| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP13931 |
| 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 |
| URL | https://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. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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