Industrial Policy and Competition

被引:548
作者
Aghion, Philippe [1 ,2 ]
Cai, Jing [3 ]
Dewatripont, Mathias [4 ,5 ]
Du, Luosha [6 ]
Harrison, Ann [2 ,7 ]
Legros, Patrick [5 ]
机构
[1] Harvard Univ, Dept Econ, Littauer Ctr 22, Cambridge, MA 02138 USA
[2] NBER, Cambridge, MA 02138 USA
[3] Univ Michigan, Dept Econ, Ann Arbor, MI 48109 USA
[4] Banque Natl Belg, B-1050 Brussels, Belgium
[5] Univ Libre Bruxelles ECARES, B-1050 Brussels, Belgium
[6] China Dev Bank, Beijing 100031, Peoples R China
[7] Univ Penn, Wharton Sch, Philadelphia, PA 19104 USA
关键词
PRODUCTIVITY; TRADE; REALLOCATIONS; DYNAMICS; EXIT;
D O I
10.1257/mac.20120103
中图分类号
F [经济];
学科分类号
02 ;
摘要
Using a comprehensive dataset of all medium and large enterprises in China between 1998 and 2007, we show that industrial policies allocated to competitive sectors or that foster competition in a sector increase productivity growth. We measure competition using the Lerner Index and include as industrial policies subsidies tax holidays, loans, and tariffs. Measures to foster competition include policies that are more dispersed across firms in a sector or measures that encourage younger and more productive enterprises.
引用
收藏
页码:1 / 32
页数:32
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