Industrial Policy and the Great Divergence

Réka Juhász and Claudia Steinwender
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Réka Juhász: Vancouver School of Economics, University of British Columbia, Vancouver, British Columbia, Canada

Annual Review of Economics, 2024, vol. 16, issue 1, 27-54

Abstract: We discuss recent work evaluating the role of the government in shaping the economy during the long nineteenth century, a practice we refer to as industrial policy. States deployed a vast variety of different policies aimed primarily, but not exclusively, at fostering industrialization. A thin but growing literature has started to evaluate the economic effects of these policies, but many questions remain open for study.

Keywords: infant industry protection; industrialization; first wave of globalization; industrial policy; transport infrastructure; telegraph; nineteenth century; technology policy (search for similar items in EconPapers)
JEL-codes: F13 F15 F54 H23 H54 L16 L52 L98 N1 N4 N6 N7 N9 O14 O25 O3 O4 (search for similar items in EconPapers)
Date: 2024
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https://doi.org/10.1146/annurev-economics-091523-044259
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Related works:
Working Paper: Industrial policy and the great divergence (2023)
Working Paper: Industrial Policy and the Great Divergence (2023)
Working Paper: Industrial Policy and the Great Divergence (2023)
Working Paper: Industrial policy and the great divergence (2023)
Working Paper: Industrial Policy and the Great Divergence (2023)
Working Paper: Industrial Policy and the Great Divergence (2023)
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DOI: 10.1146/annurev-economics-091523-044259

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