Industrial Policy and Competition | Zendy

Philippe Aghion | Zendy; Jing Cai | Zendy; Mathias Dewatripont | Zendy; Luosha Du | Zendy; Ann Harrison | Zendy; Patrick Legros | Zendy

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Industrial Policy and Competition

Author(s) -

Philippe Aghion,

Jing Cai,

Mathias Dewatripont,

Luosha Du,

Ann Harrison,

Patrick Legros

Publication year - 2015

Publication title -

american economic journal macroeconomics

Language(s) - English

Resource type - Journals

SCImago Journal Rank - 10.443

H-Index - 61

eISSN - 1945-7707

pISSN - 1945-7715

DOI - 10.1257/mac.20120103

Subject(s) - subsidy , competition (biology) , industrial policy , productivity , china , index (typography) , competition policy , industrial organization , secondary sector of the economy , business , economics , international economics , international trade , market economy , economy , macroeconomics , ecology , european union , world wide web , political science , computer science , law , biology

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.SCOPUS: ar.jinfo:eu-repo/semantics/publishe

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