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ID163517
Title ProperDeterminants and effectiveness of industrial policy in china
Other Title Informationa study based on Five-Year Plans
LanguageENG
AuthorWu, 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 NoteChina Economic Review , No.53; Feb 2019: p.225-242
Journal SourceChina Economic Review 2019-02
Key WordsIndustrial policy ;  Five-Year Plan ;  Industry Selection