Industrial Policy and the Great Divergence / Réka Juhász, Claudia Steinwender.

Format:

Book

Author/Creator:

Juhász, Réka.

Contributor:

National Bureau of Economic Research.

Steinwender, Claudia.

Series:

Working Paper Series (National Bureau of Economic Research) no. w31736.

NBER working paper series no. w31736

Language:

English

Physical Description:

1 online resource: illustrations (black and white);

Place of Publication:

Cambridge, Mass. National Bureau of Economic Research 2023.

Summary:

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.

Notes:

Print version record

September 2023.