We discuss the considerable literature that has developed in recent years providing rigorous
evidence on how industrial policies work. This literature is a significant improvement over …

Many empirical studies based on plant‐level data have found that firms that enter the export
markets are more productive than non‐exporters and that this difference in productivity is …

Academic conventions divide up the seamless web of the real social world into separate
spheres, each with its own theorising; this is a necessary and practical way of gaining …

We exploit changes in the area-specific eligibility criteria for a program to support jobs
through investment subsidies. European rules determine whether an area is eligible for …

Snowdon and Vane s book is extremely welcome. Indeed the authors examine, compare,
and evaluate the evolution of the major rival stories comprising contemporary …

Consider a set of policy interventions targeted on a loosely defined set of market
imperfections that are rarely observed directly, implemented by bureaucrats who have little …

Energy-saving technology progress can solve the contradiction between economic growth
and energy consumption. This paper divides China's manufacturing into 19 industries …

What are the underlying rationales for industrial policy? Does empirical evidence support
the use of industrial policy for correcting market failures that plague the process of …

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 …

I study the impact of industrial policy on industrial development by considering a canonical
intervention. Following a political crisis, South Korea dramatically altered its development …