Does What You Export Matter? In Search of Empirical Guidance for Industrial Policies

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Does What You Export Matter? In Search of Empirical Guidance for Industrial Policies by Lederman, Daniel; Maloney, William, 9780821384916
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  • ISBN: 9780821384916 | 0821384910
  • Cover: Paperback
  • Copyright: 6/18/2012

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Does what economies export matter for development? If so, can industrial policies improve on the export basket generated by the market? This book reviews relevant literature and takes stock of conceptual, empirical, and policy viewpoints, and it assesses indicators that can guide public sector interventions. That is, given conceptual arguments in favor of intervention, does data allow us to do so with a high degree of confidence? In asking this question, the authors assume that government failures do not trump market failures: The authors attempt to '¬Sgive industrial policy (IP) a chance.