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Industrial Policy and the Great Divergence

Réka Juhász and Claudia Steinwender

No 10675, CESifo Working Paper Series from CESifo

Abstract: 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.

Keywords: industrial policy; first wave of globalization; industrialization; infant industry protection; technology policy; transport infrastructure; telegraph; 19th century (search for similar items in EconPapers)
JEL-codes: L50 N10 N40 N60 (search for similar items in EconPapers)
Date: 2023
New Economics Papers: this item is included in nep-gro, nep-his, nep-hpe and nep-ind
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https://www.cesifo.org/DocDL/cesifo1_wp10675.pdf (application/pdf)

Related works:
Journal Article: Industrial Policy and the Great Divergence (2024) Downloads
Working Paper: Industrial policy and the great divergence (2023) Downloads
Working Paper: Industrial Policy and the Great Divergence (2023) Downloads
Working Paper: Industrial policy and the great divergence (2023) Downloads
Working Paper: Industrial Policy and the Great Divergence (2023) Downloads
Working Paper: Industrial Policy and the Great Divergence (2023) Downloads
Working Paper: Industrial Policy and the Great Divergence (2023) Downloads
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