Industrial Policy and the Great Divergence

Juhász, Réka and Claudia Steinwender

No 18489, CEPR Discussion Papers from Centre for Economic Policy Research

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; Infant industries; Technology adoption; Technology diffusion; Transport infrastructure; Industrialization (search for similar items in EconPapers)
JEL-codes: L5 N1 N4 N6 (search for similar items in EconPapers)
Date: 2023-09
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Related works:
Journal Article: Industrial Policy and the Great Divergence (2024)
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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