Industrial Selection and Growth
Economic Analysis Review
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Title |
Industrial Selection and Growth
Industrial Selection and Growth |
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Creator |
Echecopar, German
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Description |
The paper provides an argument for how selective industrial policies (targeting) can produce faster productivity growth. A model is developed to show that when learning externalities are present, targeting can increase the amount of learning that is produced and shared within the targeted sector. This effect will raise the sectoral and the economy-wide average productivity growth rates. The paper also discusses how targeting can speed output growth by raising the incentives to learn and by reducing investment risk.
The paper provides an argument for how selective industrial policies (targeting) can produce faster productivity growth. A model is developed to show that when learning externalities are present, targeting can increase the amount of learning that is produced and shared within the targeted sector. This effect will raise the sectoral and the economy-wide average productivity growth rates. The paper also discusses how targeting can speed output growth by raising the incentives to learn and by reducing investment risk. |
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Publisher |
Universidad Alberto Hurtado - Facultad de Economía y Negocios
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Contributor |
—
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Date |
2010-03-07
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Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion — — |
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Format |
application/pdf
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Identifier |
http://www.rae-ear.org/index.php/rae/article/view/109
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Source |
Revista de Análisis Económico - Economic Analysis Review; Vol 14, No 1 (1999); 53-66
Revista de Análisis Económico – Economic Analysis Review; Vol 14, No 1 (1999); 53-66 0718-8870 0716-5927 |
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Language |
eng
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Relation |
http://www.rae-ear.org/index.php/rae/article/view/109/210
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