dc.contributor.author | Bjorvatn, Kjetil | |
dc.contributor.author | Coniglio, Nicola D. | |
dc.date.accessioned | 2007-06-20T10:41:36Z | |
dc.date.available | 2007-06-20T10:41:36Z | |
dc.date.issued | 2007-01 | |
dc.identifier.issn | 0804-6824 | |
dc.identifier.uri | http://hdl.handle.net/11250/163050 | |
dc.description.abstract | How should industrial policy be designed in developing countries?
Should industrial policy be targeted to a few sectors or be more broad
based and therefore more neutral? Our theoretical analysis demonstrates
that access to foreign markets is key to answering this question.
We show that in a less open economy, industrial policy should be targeted,
while in a more open economy, broad based policies are likely
to be more effective. One implication of this results is that deregulation
is likely to be more successful in a relatively open economy than
in a more closed economy. Indeed, deregulation with limited foreign
market access may lead to deindustrialization. We provide empirical results that support these predictions. | en |
dc.language.iso | eng | en |
dc.publisher | Norwegian School of Economics and Business Administration. Department of Economics | en |
dc.relation.ispartofseries | Discussion paper | en |
dc.relation.ispartofseries | 2007:3 | en |
dc.subject | industrialization | en |
dc.subject | policy design | en |
dc.subject | policy reform | en |
dc.subject | economic growth | en |
dc.subject | openness | en |
dc.title | On the importance of openness for industrial policy design in developing countries | en |
dc.type | Working paper | en |
dc.subject.nsi | VDP::Samfunnsvitenskap: 200::Økonomi: 210::Samfunnsøkonomi: 212 | en |