Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/46985
Authors: 
Paqué, Karl-Heinz
Year of Publication: 
1995
Series/Report no.: 
Kiel Working Paper 714
Abstract: 
This paper is a tentative summary and appraisal of the main theoretical arguments and empirical evidence for/against an industrial policy in support of high-tech industries. The paper reviews arguments based on endogenous growth theory and strategic trade theory and surveys the most relevant pieces of empirical evidence, notably on external learning effects and international rent-shifting. The author concludes that there is no solid empirical basis for sector-specific technology policies, but that one might make a sensible case for non-discriminatory government support to knowledge creation by private firms, e.g., through a generous tax treatment of private spending on research and development.
JEL: 
O3
O30
O31
Document Type: 
Working Paper

Files in This Item:
File
Size





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.