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Connection of Competitiveness and Industrial Policy: Theoretical Trends

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  • Chatzinikolaou, Dimos

    (Democritus University of Thrace, Department of Economics)

  • Vlados, Charis

    (Democritus University of Thrace, Department of Economics)

Abstract

A growing number of studies examine the concepts of competitiveness and industrial policy in combinatory terms. However, it seems that there is no study in the literature attempting to analyse the parallel and combined historical evolution of these two concepts. Therefore, this contribution aims to examine how recent literature links these two evolving concepts/notions. In order to achieve this goal, we distinguished several indicative scientific publications extending from 1976 to 2017 that include at the same time the words “competitiveness” and “industrial policy” in their title and examined how they deal with the connection between the two concepts. The findings suggest that the goal of sectoral competitiveness in industrial policy is the most used element until this day. However, new approaches to the phenomenon suggest a more complex relationship, especially after 2010, because the conception of industrial policy is not limited to the objective of structural change but aims increasingly at a goal of long-term overall socioeconomic competitiveness.

Suggested Citation

  • Chatzinikolaou, Dimos & Vlados, Charis, 2019. "Connection of Competitiveness and Industrial Policy: Theoretical Trends," DUTH Research Papers in Economics 31-2019, Democritus University of Thrace, Department of Economics.
  • Handle: RePEc:ris:duthrp:2019_031
    Note: Conference: International Conference on Applied Business and Economics (ICABE) 2019_At: Aristotle University of Thessaloniki, Main Campus, Egnatias, Thessaloniki, Greece, 21-23 October
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    More about this item

    Keywords

    competitiveness concept; industrial policy concept; micro-meso-macro analysis; evolutionary approach; socio-economic competitiveness;
    All these keywords.

    JEL classification:

    • B52 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - Historical; Institutional; Evolutionary; Modern Monetary Theory;
    • F63 - International Economics - - Economic Impacts of Globalization - - - Economic Development
    • L52 - Industrial Organization - - Regulation and Industrial Policy - - - Industrial Policy; Sectoral Planning Methods

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