INDUSTRIAL POLICY: DON'T ASK WHY, ASK HOW

被引:209
作者
Rodrik, Dani [1 ]
机构
[1] Harvard Univ, John F Kennedy Sch Govt, 79 Kennedy Str, Cambridge, MA 02138 USA
关键词
Industry; economic growth; policy;
D O I
10.1142/S1793812009000024
中图分类号
F0 [经济学]; F1 [世界各国经济概况、经济史、经济地理]; C [社会科学总论];
学科分类号
0201 [理论经济学]; 020105 [世界经济]; 03 [法学]; 0303 [社会学];
摘要
The theoretical case for industrial policy is a strong one. The market failures which industrial policies target - in markets for credit, labor, products, and knowledge have long been at the core of what development economists study. The conventional case against industrial policy rests on practical difficulties with its implementation. Even though the issues could in principle be settled by empirical evidence, the evidence to date remains uninformative. But the traditional informational and bureaucratic constraints on the exercise of industrial policy are not givens; they can be molded and rendered less binding through appropriate institutional design. Three key design attributes that industrial policy must possess are embeddedness, carrots-and-sticks, and accountability. A review of industrial policy in three non-Asian settings - El Salvador, Uruguay, and South Africa - highlights the extensive amount of industrial policy that is already being carried out and frames the need for industrial policy in the specific circumstances of individual countries. Some implications for the Middle East are discussed.
引用
收藏
页码:1 / 29
页数:29
相关论文
共 46 条
[1]
ACEMOGLU D, 2001, NBER MACROECONOMICS
[2]
Banerjee A., 2004, 4681 CEPR
[3]
Banerjee AV, 2005, HANDB ECON, V22, P473
[4]
Growth, economies of scale, and targeting in Japan (1955-1990) [J].
Beason, R ;
Weinstein, DE .
REVIEW OF ECONOMICS AND STATISTICS, 1996, 78 (02) :286-295
[5]
Bosworth BP, 2003, BROOKINGS PAP ECO AC, P113
[6]
Durlauf SN, 2005, HANDB ECON, V22, P555
[7]
Evans PB., 1995, EMBEDDED AUTONOMY ST, DOI 10.1515/9781400821723
[8]
LEARNING BY DOING AND LEARNING FROM OTHERS - HUMAN-CAPITAL AND TECHNICAL CHANGE IN AGRICULTURE [J].
FOSTER, AD ;
ROSENZWEIG, MR .
JOURNAL OF POLITICAL ECONOMY, 1995, 103 (06) :1176-1209
[9]
Goldstein A, 2002, CEPAL REV, P77
[10]
HARRISON AE, 1994, AM ECON REV, V84, P1090