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R&d subsidy and import substitution : growing in the shadow of protection
Souza, Gustavo de - 2023 - Revised: October 5, 2023
I study the effect of an innovation subsidy on the growth of firms in a developing country. Using administrative … microdata for Brazil and difference-in-differences, I find that innovation subsidies drive firm growth by facilitating firm … innovation subsidy, firms issue more patents, expand their workforce, and diversify their product line. However, these patents …
Persistent link: https://www.econbiz.de/10014369353
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The return of the regulator : Kazakhstan's cotton sector reforms since independence
Petrick, Martin; Oshakbayev, Dauren; Taitukova, Regina; … - 2017
What would a "good" industrial policy in the realm of cotton production look like? This article seeks to address this question through a focus on reforms to the cotton sector in Kazakhstan. In contrast with neighbouring Uzbekistan and Turkmenistan, administrators in Kazakhstan had widely freed...
Persistent link: https://www.econbiz.de/10011834031
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AI-generated production networks : measurement and applications to global trade
Fetzer, Thiemo; Lambert, Peter; Feld, Bennet; Garg, Prashant - 2024
This paper leverages generative AI to build a network structure over 5,000 product nodes, where directed edges represent input-output relationships in production. We layout a two-step ‘build-prune’ approach using an ensemble of prompt-tuned generative AI classifications. The ’build’ step...
Persistent link: https://www.econbiz.de/10015125507
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Schumpeter in practice : the role of credit for industrial policy in China
Geißendörfer, Lisa; Haas, Thomas - 2022
Since the late 1970s, the Chinese government has been undertaking major efforts in developing their countries economy by means of industrial policy. However, a more narrow approach to industrial policy has been pursued only since 2010, with the initiation of the 'Strategic Emerging Industries'...
Persistent link: https://www.econbiz.de/10014327490
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Asia's structural transformation : patterns, challenges, and new stylized facts
Battisti, Michele; Gravina, Antonio Francesco; … - 2026
Structural transformation is widely recognized as a key driver of productivity growth and economic development, with industrial policies often playing a crucial role in this process. However, the challenge of premature deindustrialization-where economies experience a decline in manufacturing's...
Persistent link: https://www.econbiz.de/10015632834
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Winners and losers of technology grants : evidence on jobs and skills
Hirvonen, Johannes; Stenhammar, Aapo; Tuhkuri, Joonas - 2025
Industrial policies are widespread, but evidence on their workforce effects remains limited. We present novel evidence on the impact of EU technology subsidies on employment and skill demand in Finnish SMEs, 1994-2018. The subsidies fund new machinery, including robots and CNC machines....
Persistent link: https://www.econbiz.de/10015374476
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Strategic sectors and essential jobs : a new taxonomy based on employment multipliers
Cresti, Lorenzo; Virgillito, Maria Enrica - 2022
In this paper we propose a novel sectoral taxonomy integrating three different attributes of sectors, namely i) the strategic dimension reflected into their belonging to different classes of the Pavitt taxonomy, ii) the capacity to create jobs both internally and externally with respect to their...
Persistent link: https://www.econbiz.de/10013363016
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An application to Latin America of a dual synergies model : can a new industrial policy break the middle income trap?
Mehrotra, Santosh K. - 2025
strategy: a renewed, state-capable industrial policy aimed at diversification, innovation, and manufacturing upgrading …
Persistent link: https://www.econbiz.de/10015558514
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Two decades of Chinese industry subsidies
Xiang, Shuhui; Yin, Xinran; Zi, Yuan - 2025
declined, while those targeting specific industries and promoting innovation have grown. Fourth, wealthier and more trade …
Persistent link: https://www.econbiz.de/10015559104
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Industrial policy and retaliatory protection under the WTO : lessons from China
Feng, Yusheng; Li, Haishi; Wang, Siwei; Zhu, Min - 2026
Using Chinese firm-level trade data combined with global anti-dumping (AD) and countervailing duty (CVD) investigations, we uncover a previously overlooked cost of industrial policy under WTO agreements. At every stage of AD/CVD investigation, subsidies significantly raise the probability of...
Persistent link: https://www.econbiz.de/10015590377