ID | 163517 |
Title Proper | Determinants and effectiveness of industrial policy in china |
Other Title Information | a study based on Five-Year Plans |
Language | ENG |
Author | Wu, Yiyun |
Summary / Abstract (Note) | This paper examines industrial policy in China over the period of the 9th - 12th Five-Year Plans (FYPs). Based on China's national and provincial FYPs and data disaggregated to the four-digit manufacturing sector level, it finds that the central government's preferences act as a key determinant of the provincial FYPs. It also shows that policy significantly improves output while it is in effect but there is no evidence of a beneficial effect beyond the end of the particular FYP. The results are consistently robust across a number of tests. |
`In' analytical Note | China Economic Review , No.53; Feb 2019: p.225-242 |
Journal Source | China Economic Review 2019-02 |
Key Words | Industrial policy ; Five-Year Plan ; Industry Selection |