Industrial Policy and the Great Divergence

We discuss recent work evaluating the role of the government in shaping the economy during the long 19th century, a practice we refer to as industrial policy. We show that states deployed a vast variety of different policies aimed at, primarily, but not exclusively, fostering industrialization. We discuss the thin, but growing literature that evaluates the economic effects of these policies. We highlight some fruitful avenues for future study.

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Year of publication:	2023
Authors:	Juhász, Réka ; Steinwender, Claudia
Publisher:	Munich : Center for Economic Studies and ifo Institute (CESifo)
Subject:	industrial policy \| first wave of globalization \| industrialization \| infant industry protection \| technology policy \| transport infrastructure \| telegraph \| 19th century

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Series:	CESifo Working Paper ; 10675
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Working Paper
Language:	English
Other identifiers:	1860993826 [GVK] hdl:10419/282363 [Handle] RePec:ces:ceswps:_10675 [RePEc]
Classification:	L50 - Regulation and Industrial Policy. General ; N10 - Macroeconomics and Monetary Economics; Growth and Fluctuations. General, International, or Comparative ; N40 - Government, War, Law, and Regulation. General, International, or Comparative ; N60 - Manufacturing and Construction. General, International, or Comparative
Source:	EconStor

Persistent link: https://www.econbiz.de/10014469537