Industrial policy and competition
Jing Cai (),
Mathias Dewatripont (),
Ann Harrison () and
ULB Institutional Repository from ULB -- Universite Libre de Bruxelles
Using a comprehensive dataset of all medium and large enterprises in China between 1998 and 2007, we show that industrial policies allocated to competitive sectors or that foster competition in a sector increase productivity growth. We measure competition using the Lerner Index and include as industrial policies subsidies tax holidays, loans, and tariffs. Measures to foster competition include policies that are more dispersed across firms in a sector or measures that encourage younger and more productive enterprises.
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Published in: American Economic Journal. Macroeconomics (2015) v.7 nÂ° 4,p.1-32
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Journal Article: Industrial Policy and Competition (2015)
Working Paper: Industrial Policy and Competition (2012)
Working Paper: Industrial Policy and Competition (2011)
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Persistent link: https://EconPapers.repec.org/RePEc:ulb:ulbeco:2013/229424
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