Response to Berglund Letter Regarding “Industrial Policy and Local Economic Transformation: Evidence from the Rust Belt.”

2021 ◽  
pp. 089124242110653
Author(s):  
Ben Armstrong
Keyword(s):  
Industrial Policy ◽  
Economic Transformation ◽  
Rust Belt

Industrial Policy and Local Economic Transformation: Evidence From the U.S. Rust Belt

2021 ◽  
pp. 089124242110228
Author(s):  
Ben Armstrong
Keyword(s):  
Industrial Policy ◽  
Local Governments ◽  
State Level ◽  
Economic Transformation ◽  
Local Economy ◽  
Rust Belt ◽  
Industrial Policies ◽  
Cast Doubt ◽  
State And Local

State and local governments frequently invest in policies aimed at stimulating the growth of new industries, but studies of industrial policy and related economic development initiatives cast doubt on their effectiveness. This article examines the role of state-level industrial policies in contributing to the different economic trajectories of two U.S. metro areas—Pittsburgh, Pennsylvania, and Cleveland, Ohio—as they adapted to the decline of their legacy industries. Comparative case studies show that industrial policies in Pittsburgh, which empowered research universities as local economic leaders, contributed to the transformation of the local economy. In Cleveland, by contrast, state industrial policies invested in making incremental improvements, particularly in legacy sectors. The article concludes that by empowering new local economic actors—such as universities—industrial policies can foment political change that enables structural economic change to follow.

Industrial Policy and Economic Transformation

2012 ◽  
Author(s):  
Luciano Coutinho ◽  
João Carlos Ferraz ◽  
André Nassif ◽  
Rafael Oliva
Keyword(s):  
Industrial Policy ◽  
Economic Transformation

The Case for Economic Transformation and Industrial Policy

2015 ◽  
pp. 37-59
Author(s):  
Lindsay Whitfield ◽  
Ole Therkildsen ◽  
Lars Buur ◽  
Anne Mette Kjar
Keyword(s):  
Industrial Policy ◽  
Economic Transformation

Neither synthesis nor rivalry: Complementary policy models and technological learning in the Mexican and Brazilian petroleum and automotive industries

2018 ◽  
Vol 21 (1) ◽  
pp. 113-144
Author(s):  
Alberto Fuentes ◽  
Seth Pipkin
Keyword(s):  
Industrial Policy ◽  
Economic Transformation ◽  
Predictive Tool ◽  
Explanatory Role ◽  
Technological Learning ◽  
Policy Models ◽  
Case Comparison ◽  
The Status ◽  
Main Independent Variable ◽  
Cumulative Processes

AbstractAlthough technological learning is indispensable for economic transformation in developing countries, recent research on industrial policy both lacks consensus regarding policy models and engages in little long-term analysis of policy impacts. This study contributes to this literature through a controlled case comparison of the varied addition of new and unique functional capacities in the Mexican and Brazilian automotive and petroleum industries from 1975 to 2000. It offers a dynamic industrial policy perspective that underscores the explanatory role of alternating state- and market-led industrial policy approaches and their associated cumulative processes of “exploration” and “exploitation” (March (1991)). It also suggests that two background conditions—prior investments in learning and exogenous shocks that undermine the status quo—intervene decisively in the successful sequencing of policy approaches. The study concludes by proposing a framework that recognizes three main learning pathways formed through different configurations of the main independent variable and background conditions. This framework can be deployed as a rough predictive tool to assess how other industries might most effectively increase their technological sophistication.

scholarly journals TOWARDS A TRADE POLICY FOR DEVELOPMENT: THE POLITICAL ECONOMY OF SOUTH AFRICA'S EXTERNAL TRADE, 1994-2014

2020 ◽  
Vol 36 (2) ◽  
Author(s):  
Brendan Vickers
Keyword(s):  
Trade Policy ◽  
Industrial Policy ◽  
Regional Integration ◽  
Market Integration ◽  
Economic Transformation ◽  
Infrastructure Development ◽  
External Trade ◽  
Strategic Trade ◽  
Tariff Reform ◽  
Future Direction

Over the past 20 years of democracy, there has been a strategic reorientation of South Africa's trade policy. In the early 1990s, the post-apartheid state undertook extensive tariff reform, driven by its multilateral and regional commitments, as well as unilateral liberalisation consistent with the austere macro-economic agenda of the time. By the second decade of democracy, an institutionalised industrial policy designed to strengthen and diversify South Africa's productive capabilities had come to determine and shape South Africa's external trade agenda and negotiations. This more strategic trade policy orientation has required the preservation and expansion of policy space in bilateral, regional and multilateral agreements, and more novel approaches to South-South economic cooperation. There was also a fundamental shift in thinking on regional integration away from a conventional market-led model premised on the European Union's experience, to a 'developmental integration' approach that concurrently prioritises market integration, infrastructure development and structural economic transformation. This article critically reviews how South Africa's trade policy and negotiating agenda have been recalibrated as instruments of industrial policy over the two post-apartheid decades. The article concludes with some observations about the future direction of South Africa's trade agenda during the third decade of democracy.

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