Macroeconomic Policy as Implicit Industrial Policy: Its Industry and Enterprise Effects

Inbunden, Engelska, 1997

AvJohn Randolph Norsworthy,Diana H. Tsai

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The effects of industrial policy are assessed at three levels in this volume: through the user cost of capital, through the effects of a macroeconomic model on the decisions of an enterprise, and through the effects of a macroeconomic model on the machine-tools industry via its major customer industries. The analytical approaches developed and applied here constitute an integrated approach to the assessment of generic industrial policies on industries and enterprises. The application of these tools provides a constructive alternative to the polemics that dominate the industrial-policy literature and public debate.

Produktinformation

Utgivningsdatum1997-11-30
Mått155 x 235 x 20 mm
Vikt594 g
FormatInbunden
SpråkEngelska
Antal sidor262
Upplaga1998
FörlagKluwer Academic Publishers
ISBN9780792380757

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Mikroekonomi inom Ekonomi och ledarskap
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Makroekonomi inom Ekonomi och ledarskap

1 Introduction.- 2 Managed Trade and Targeted Vs. Generic Industrial Policy.- 3 The User Cost of Capital: Link from Macroeconomic Policy to Business Decisions.- 4 Influences of Macroeconomic Policy on the Enterprise.- 5 A Context for Industrial Policy: History, Performance and Strategic Role of the Machine Tool Industry in the United States.- 6 Technological Change, Learning-by-Doing, and the Structure of Production in the U.S. Machine Tool Industry.- 7 Measuring the Effects of Macroeconomic Policy in an Industry Econometric Model.- 8 Macroeconomic and Financial Effects on Competitiveness in U.S. Manufacturing: Simulations to Measure Policy Effects.- 9 Measuring And Forecasting The Industry Of Macroeconomic Events: Crowding Out Of Manufacturing Investment in a Macro-Micro Framework.- 10 Technological Factors and Industrial Policy: Harnessing Generic Industrial Policies For Economic Growth and Competitiveness.- 11 Conclusions and Future Research.- References.- Author Index.