Semiconductors and modern industrial policy

Chad Bown and Dan Wang
Additional contact information
Dan Wang: Yale Law School

No WP24-3, Working Paper Series from Peterson Institute for International Economics

Abstract: Semiconductors have emerged as a headline in the resurgence of modern industrial policy. This paper explores the political economic history of the sector, the changing nature of the semiconductor supply chain, and the new sources of concern that have motivated the most recent turn to government intervention. It also explores details of that turn to industrial policy by the United States, China, Japan, Europe, South Korea, and Taiwan. Modern industrial policy for semiconductors has included not only subsidies for manufacturing, but also new import tariffs, export controls, foreign investment screening, and antitrust actions.

Keywords: semiconductors; supply chains; industrial policy; tariffs; subsidies; export controls (search for similar items in EconPapers)
JEL-codes: F13 L52 (search for similar items in EconPapers)
Date: 2024-01
New Economics Papers: this item is included in nep-cna, nep-his and nep-int
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Citations: View citations in EconPapers (1)

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Journal Article: Semiconductors and Modern Industrial Policy (2024)
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Persistent link: https://EconPapers.repec.org/RePEc:iie:wpaper:wp24-3

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