Chapter 4: Industrial policy
Lars Calmfors,
Giancarlo Corsetti,
Michael Devereux,
Gilles Saint-Paul,
Hans-Werner Sinn,
Jan-Egbert Sturm and
Xavier Vives
EEAG Report on the European Economy, 2008, 105-124
Abstract:
This chapter argues against using industrial policy to protect European firms from international competition because of the long-run costs that are likely to arise. Industrial policy should be horizontal rather than sector-based and it should be located mainly at the regional and EU level, but cut back at the national level.
Date: 2008
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Persistent link: https://EconPapers.repec.org/RePEc:ces:eeagre:v::y:2008:i::p:105-124
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