IDEAS home Printed from https://ideas.repec.org/a/oup/oxford/v29y2013i2p432-462.html
   My bibliography  Save this article

What is new in the new industrial policy? A manufacturing systems perspective

Author

Listed:
  • Eoin O’Sullivan
  • Antonio Andreoni
  • Carlos López-Gómez
  • Mike Gregory

Abstract

This paper explores the recent evolution of manufacturing-related policies in leading OECD economies—Germany, Japan, the United Kingdom, and the United States. A novel framework, the industrial policy matrix, is introduced and then used to illustrate and compare policy approaches in terms of factor inputs, intervention levels, and degrees of coordination. While approaches adopted in different countries vary, reflecting their respective contexts, there is some evidence of a convergence on the effectiveness of particular programmes and organizations as well as on the characteristics that support the competitiveness of national manufacturing systems, including coordination and alignment of related policies, partnerships with industry, and longer-term investment and planning. Copyright 2013, Oxford University Press.

Suggested Citation

  • Eoin O’Sullivan & Antonio Andreoni & Carlos López-Gómez & Mike Gregory, 2013. "What is new in the new industrial policy? A manufacturing systems perspective," Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 29(2), pages 432-462, SUMMER.
    • Handle: RePEc:oup:oxford:v:29:y:2013:i:2:p:432-462
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1093/oxrep/grt027
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Bondarev, Anton & Dato, Prudence & Krysiak, Frank C., 2021. "Green Technology Transitions with an Endogenous Market Structure," Working papers 2021/07, Faculty of Business and Economics - University of Basel.
    2. Lütkenhorst, Wilfried, 2018. "Creating wealth without labour? Emerging contours of a new techno-economic landscape," IDOS Discussion Papers 11/2018, German Institute of Development and Sustainability (IDOS).
    3. SUZUKI Jun, 2017. "To Support R&D or Linkages? Seeking a better policy mix for SME support," Discussion papers 17098, Research Institute of Economy, Trade and Industry (RIETI).
    4. Karl Aiginger, 2014. "Industrial Policy for a Sustainable Growth Path. WWWforEurope Policy Paper No. 13," WIFO Studies, WIFO, number 47261, January.
    5. Sandrine Labory & Patrizio Bianchi, 2014. "The institutional framework of Industrial policies," Working Papers 2014203, University of Ferrara, Department of Economics.
    6. Sébastien Lechevalier & Pauline Debanes & Shin Wonkyu, 2016. "Financialization and industrial policies in Japan and Korea: Evolving complementarities and loss of institutional capabilities," Working Papers halshs-01431783, HAL.
    7. Samford, Steven, 2022. "Decentralization and local industrial policy in Mexico," World Development, Elsevier, vol. 158(C).
    8. Lechevalier, Sébastien & Debanes, Pauline & Shin, Wonkyu, 2019. "Financialization and industrial policies in Japan and Korea: Evolving institutional complementarities and loss of state capabilities," Structural Change and Economic Dynamics, Elsevier, vol. 48(C), pages 69-85.
    9. Andreoni, Antonio & Chang, Ha-Joon, 2019. "The political economy of industrial policy: Structural interdependencies, policy alignment and conflict management," Structural Change and Economic Dynamics, Elsevier, vol. 48(C), pages 136-150.
    10. Michael Peneder & Gerhard Streicher, 2016. "De- versus Re-industrialisation: Is Structural Change Reversible?," WIFO Working Papers 506, WIFO.
    11. repec:wsr:pbrief:y:2014:i:023 is not listed on IDEAS
    12. Marta Anna GÖTZ, 2015. "Pursuing FDI policy in the EU – Member States and their policy space," Journal of Economics and Political Economy, KSP Journals, vol. 2(2), pages 290-308, June.
    13. Xu, Tao Louie & Hu, Yabei, 2024. "Towards sustainable prosperity? Policy evaluation of Jiangsu advanced manufacturing clusters," Technology in Society, Elsevier, vol. 77(C).
    14. Di Tommaso, Marco R. & Tassinari, Mattia & Barbieri, Elisa & Marozzi, Marco, 2020. "Selective industrial policy and ‘sustainable’ structural change. Discussing the political economy of sectoral priorities in the US," Structural Change and Economic Dynamics, Elsevier, vol. 54(C), pages 309-323.
    15. Dietlmeier, Simon Frederic & Urmetzer, Florian, 2023. "Policy-Driven Industrial Ecosystems," MPRA Paper 120559, University Library of Munich, Germany.
    16. Xu, Tao & Hu, Yabei, 2023. "Towards Sustainable Prosperity? Policy Evaluation of Jiangsu Advanced Manufacturing Clusters," MPRA Paper 120904, University Library of Munich, Germany, revised 10 May 2024.
    17. John Weiss & Adnan Seric, 2021. "Industrial policy: Clarifying options through taxonomy and decision trees," Development Policy Review, Overseas Development Institute, vol. 39(5), pages 773-788, September.
    18. Sandrine Labory, 2014. "Determining Industrial Policy in Current Conditions of Competition," QA - Rivista dell'Associazione Rossi-Doria, Associazione Rossi Doria, issue 4, December.
    19. Carolina Hintzmann & Josep Lladós-Masllorens & Raul Ramos, 2021. "Intangible Assets and Labor Productivity Growth," Economies, MDPI, vol. 9(2), pages 1-21, May.
    20. Bianchi, Patrizio & Labory, Sandrine, 2019. "Manufacturing regimes and transitional paths: Lessons for industrial policy," Structural Change and Economic Dynamics, Elsevier, vol. 48(C), pages 24-31.
    21. Karl Aiginger, 2014. "Industrial Policy for a Sustainable Growth Path," WIFO Working Papers 469, WIFO.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:oup:oxford:v:29:y:2013:i:2:p:432-462. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Oxford University Press (email available below). General contact details of provider: https://academic.oup.com/oxrep .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.