Quantifying industrial strategies across nine OECD countries:

Industrial policy has resurfaced prominently in academic and policy discussions in the wake of major shocks and long-term trends. However, quantifying industrial strategies across countries remains difficult. The 'Quantifying Industrial Strategies' (QuIS) project measures industrial policy...

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Bibliographic Details
Main Author: Criscuolo, Chiara (Author)
Other Authors: Díaz, Luis (Contributor), Lalanne, Guy (Contributor), Guillouet, Louise (Contributor), van de Put, Charles-Édouard (Contributor), Weder, Camilla (Contributor), Zazon Deutsch, Hadas (Contributor)
Format: Electronic eBook
Language:English
Published: Paris OECD Publishing 2023
Series:OECD Science, Technology and Industry Policy Papers no.150
Subjects:
Online Access:DE-862
DE-863
Summary:Industrial policy has resurfaced prominently in academic and policy discussions in the wake of major shocks and long-term trends. However, quantifying industrial strategies across countries remains difficult. The 'Quantifying Industrial Strategies' (QuIS) project measures industrial policy expenditures by gathering and harmonising publicly available data, based on a new methodology. This report summarises the composition of industrial strategies in the first nine participating countries in terms of expenditures, priorities, and policy instruments for the period 2019-21. The report finds that industrial policies are sizeable, with 1.5% of GDP in grants and tax expenditures, and with an important heterogeneity across countries in terms of strategic priorities; industrial strategies mainly rely on sectoral instruments, representing on average 29% of grants and tax expenditures; and green instruments are important and rose significantly in six out of nine countries between 2019 and 2021.
Physical Description:1 Online-Ressource (52 Seiten) 21 x 28cm.

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