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Industrial Policy for the Medium to Long-term

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Author Info

  • Crafts, Nicholas

    (University of Warwick)

  • Hughes, Alan

    (University of Cambridge)

Abstract

This report reviews the market failure and systems failure rationales for industrial policy and assesses the evidence on part experience of industrial policy in the UK. In the light of this, it reviews options for reshaping the design and delivery of industrial policy towards UK manufacturing. These options are intended to encourage a medium- to long-term perspective across government departments and to integrate science, innovation and industrial policy.

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File URL: http://www2.warwick.ac.uk/fac/soc/economics/research/centres/cage/research/wpfeed/179-2014_crafts.pdf
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Bibliographic Info

Paper provided by Competitive Advantage in the Global Economy (CAGE) in its series CAGE Online Working Paper Series with number 179.

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Date of creation: 2014
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Handle: RePEc:cge:wacage:179

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Keywords: UK manufacturing; industrial policy;

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References

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