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Evaluation of Indus...
Evaluation of Industrial Policy: The Case of the Swedish Textile and Clothing Industry
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- Alänge, Sverker, 1951 (författare)
- Chalmers tekniska högskola,Chalmers University of Technology
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- Jacobsson, Staffan, 1951 (författare)
- Chalmers tekniska högskola,Chalmers University of Technology
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(creator_code:org_t)
- 1994
- 1994
- Engelska.
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Ingår i: Small Business Economics. - 1573-0913 .- 0921-898X. ; 6:6, s. 465-475
- Relaterad länk:
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https://research.cha...
Abstract
Ämnesord
Stäng
- This paper evaluates the Swedish industrial policy for the textile and clothing industry and provides an interview-based method for assessing the rational for and the effects of state intervention. The rational for government intervention was analyzed based on the existence of possible sources of market failure, such as the function of the capital market; high risk aversion in firms; shortcomings in available information or in business/entrepreneurial competence; and finally, also positive external effects such as demonstration effects were considered. It was found that the Swedish industrial policy, in the period 1970-1990, was general and defensive in character. In the majority of firms interviewed, government policy had either no effect at all on firm behaviour or where effects were found there were no underlying market imperfections. Only in a minority of firms was it found that the policy alleviated market imperfections and changed firms' investment behaviour in a way which was judged to be beneficial for the firms' competitiveness. Therefore, the Swedish industrial policy for the textile and clothing industry was associated with very substantial inefficiencies in the use of sizeable resources.
Ämnesord
- TEKNIK OCH TEKNOLOGIER -- Maskinteknik -- Annan maskinteknik (hsv//swe)
- ENGINEERING AND TECHNOLOGY -- Mechanical Engineering -- Other Mechanical Engineering (hsv//eng)
- SAMHÄLLSVETENSKAP -- Ekonomi och näringsliv -- Nationalekonomi (hsv//swe)
- SOCIAL SCIENCES -- Economics and Business -- Economics (hsv//eng)
Nyckelord
- market imperfections
- empirical study
- Industrial policy
- micro economic effects
- government intervention
- market failure
Publikations- och innehållstyp
- art (ämneskategori)
- ref (ämneskategori)
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