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Re-industrializing the Eurozone

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  • Jean-Luc Gaffard

    (OFCE - Observatoire français des conjonctures économiques (Sciences Po) - Sciences Po - Sciences Po)

Abstract

Real divergences in economic performances that emerge between countries belonging to the eurozone make it necessary to define an economic policy oriented toward a re-industrialization of some regions in Europe. In a world characterised by irreversibility of investment and imperfection of marketinformation, supply reforms should consist inestablishing a framework aimed at supporting both botcompetition and cooperation between the various players of innovation, and thus allowing firms'strategies tobesuccessful. This requires reconsidering both national and European policies that are growth-enhancing, that is,competition policy, labour policy, regional policy, but also industrial policythat takes the form of large public programmes. However, any change in the industrial landscape in Europe will only be possible if a new macroeconomicpolicy prevents inappropriate destruction ofproductive capacities

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  • Jean-Luc Gaffard, 2013. "Re-industrializing the Eurozone," Working Papers hal-00973031, HAL.
    • Handle: RePEc:hal:wpaper:hal-00973031
    Note: View the original document on HAL open archive server: https://sciencespo.hal.science/hal-00973031
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    References listed on IDEAS

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    1. Patrick Musso & Stefano Schiavo, 2008. "The impact of financial constraints on firm survival and growth," Journal of Evolutionary Economics, Springer, vol. 18(2), pages 135-149, April.
    2. Mario Amendola & Jean-Luc Gaffard & Patrick Musso, 2006. "Innovation, Productivity Gains and the Evolution of Market Structure," Revue de l'OFCE, Presses de Sciences-Po, vol. 97(5), pages 113-134.
    3. Mario Amendola & Jean-Luc Gaffard, 2006. "The market way to riches: behind the myth," Post-Print halshs-00420556, HAL.
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    5. Luís M B Cabral & José Mata, 2003. "On the Evolution of the Firm Size Distribution: Facts and Theory," American Economic Review, American Economic Association, vol. 93(4), pages 1075-1090, September.
    6. Soskice, David & Carlin, Wendy, 2007. "Reforms, Macroeconomic Policy and Economic Performance in Germany," CEPR Discussion Papers 6415, C.E.P.R. Discussion Papers.
    7. G. B. Richardson, 1998. "The Economics of Imperfect Knowledge," Books, Edward Elgar Publishing, number 1524.
    8. Mario Amendola & Jean-Luc Gaffard, 2006. "The Market Way to Riches," Books, Edward Elgar Publishing, number 4234.
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    Cited by:

    1. Peter Mayerhofer & Michael Klien, 2016. "Unternehmensinvestitionen in den österreichischen Bundesländern. Entwicklung – Struktur – Funktion regionaler Förderung," WIFO Studies, WIFO, number 61950.
    2. Peter Mayerhofer, 2013. "Wiens Industrie in der wissensbasierten Stadtwirtschaft. Wandlungsprozesse, Wettbewerbsfähigkeit, industriepolitische Ansatzpunkte," WIFO Studies, WIFO, number 57934.
    3. Peter Mayerhofer & Matthias Firgo & Stefan Schönfelder, 2015. "Vierter Bericht zur internationalen Wettbewerbsfähigkeit Wiens," WIFO Studies, WIFO, number 60625.
    4. Matthias Firgo & Oliver Fritz & Peter Mayerhofer & Stefan Schönfelder & Niklas Schraml & Gerhard Streicher & Michaela Friedl-Schafferhans & Trude Hausegger, 2014. "Öko-Jobs in Wien. Bestandsaufnahme und Analyse," WIFO Studies, WIFO, number 57881.

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