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Creating competitive advantage : policy lessons from history
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Crafts, N. F. R. (2012) Creating competitive advantage : policy lessons from history. Working Paper. Coventry, UK: Department of Economics, University of Warwick. CAGE Online Working Paper Series, Volume 2012 (Number 91).
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Text (Working paper)
WRAP_91.2012_crafts.pdf - Published Version Download (546Kb) | Preview |
Official URL: http://www2.warwick.ac.uk/fac/soc/economics/resear...
Abstract
This paper reviews selected aspects of the history of UK supply-side policy in terms of their
productivity implications. An important change after the 1970s which improved productivity
performance was the adoption of policies to end protectionism and strengthen competition. A
review of horizontal industrial policies shows weaknesses in education, infrastructure, taxation and,
especially, land-use planning but, on the positive side, a regulatory stance conducive to the rapid
adoption of ICT. A big implication is that any return to a more active industrial policy should be
designed to minimize adverse effects on competition.
Item Type: | Working or Discussion Paper (Working Paper) | ||||
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Subjects: | H Social Sciences > HB Economic Theory H Social Sciences > HD Industries. Land use. Labor |
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Divisions: | Faculty of Social Sciences > Economics | ||||
Library of Congress Subject Headings (LCSH): | Competition , Business enterprises , Industrial policy -- Great Britain, Production (Economic theory), Supply-side economics | ||||
Series Name: | CAGE Online Working Paper Series | ||||
Publisher: | Department of Economics, University of Warwick | ||||
Place of Publication: | Coventry, UK | ||||
Official Date: | June 2012 | ||||
Dates: |
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Volume: | Volume 2012 | ||||
Number: | Number 91 | ||||
Number of Pages: | 30 | ||||
Status: | Not Peer Reviewed | ||||
Publication Status: | Published | ||||
Access rights to Published version: | Open Access (Creative Commons) | ||||
Date of first compliant deposit: | 1 August 2016 | ||||
Date of first compliant Open Access: | 1 August 2016 |
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