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Relations between institutions and industrial policies

Author

Listed:
  • Strachman, Eduardo

Abstract

The paper aims to show some of the complex relationships between institutions and industrial policies. Institutions are important factors determining the slow pace of change of the societies, their economies, States and private sectors, therefore presenting important consequences for the design of industrial policies. Having this as a backdrop, the paper tries to expose the relevance of a country institutionality for the choice of industrial policies and their possibilities of success. In the opposite direction, one important focus for many industrial policies are institutional changes, whether they are connected to the State or to the relationship between the State and the private sector, or even only to this last sector. The paper also investigates some of the difficulties and limits for these institutional changes.

Suggested Citation

  • Strachman, Eduardo, 2001. "Relations between institutions and industrial policies," MPRA Paper 15129, University Library of Munich, Germany, revised Nov 2008.
  • Handle: RePEc:pra:mprapa:15129
    as

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    File URL: https://mpra.ub.uni-muenchen.de/15129/1/MPRA_paper_15129.pdf
    File Function: original version
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    References listed on IDEAS

    as
    1. Norton, R D, 1986. "Industrial Policy and American Renewal," Journal of Economic Literature, American Economic Association, vol. 24(1), pages 1-40, March.
    2. Ulrich Witt, 2006. "Evolutionary Economics," Papers on Economics and Evolution 2006-05, Philipps University Marburg, Department of Geography.
    3. Mario Rizzo, 1985. "Rules Versus Cost-Benefit Analysis in the Common Law," Cato Journal, Cato Journal, Cato Institute, vol. 4(3), pages 865-896, Winter.
    4. Elster, Jon, 1989. "Social Norms and Economic Theory," Journal of Economic Perspectives, American Economic Association, vol. 3(4), pages 99-117, Fall.
    5. repec:ecr:col013:43130 is not listed on IDEAS
    6. Chang, Ha-Joon, 1993. "The Political Economy of Industrial Policy in Korea," Cambridge Journal of Economics, Oxford University Press, vol. 17(2), pages 131-157, June.
    7. Chang, Ha-Joon, 1994. "State, institutions and structural change," Structural Change and Economic Dynamics, Elsevier, vol. 5(2), pages 293-313, December.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    Industrial Policy; Institutions; Institutional Analysis; Development;

    JEL classification:

    • H54 - Public Economics - - National Government Expenditures and Related Policies - - - Infrastructures
    • O25 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Industrial Policy
    • B52 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - Historical; Institutional; Evolutionary
    • O17 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Formal and Informal Sectors; Shadow Economy; Institutional Arrangements
    • L52 - Industrial Organization - - Regulation and Industrial Policy - - - Industrial Policy; Sectoral Planning Methods
    • L53 - Industrial Organization - - Regulation and Industrial Policy - - - Enterprise Policy

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