TY - JOUR
T1 - Industrial policy in great Britain and its effect on total factor productivity in manufacturing plants, 1990-1998
AU - Harris, Richard
AU - Robinson, Catherine
PY - 2004/8/10
Y1 - 2004/8/10
N2 - Industrial policy in any economy has a number of varying and occasionally conflicting objectives, but the overarching intention of the various grants, subsidies and support schemes, arguably, must be to improve the economic performance of the plants they assist directly. However, in the absence of counterfactual evidence, whether or not assistance does improve performance is hard to establish. In this paper, we consider the impact of two UK government industrial support schemes (Regional Selective Assistance and the Small Firm Merit Awards for Research and Technology) on UK manufacturing plant level total factor productivity in an attempt to answer the question, ‘did assistance make a difference?’
AB - Industrial policy in any economy has a number of varying and occasionally conflicting objectives, but the overarching intention of the various grants, subsidies and support schemes, arguably, must be to improve the economic performance of the plants they assist directly. However, in the absence of counterfactual evidence, whether or not assistance does improve performance is hard to establish. In this paper, we consider the impact of two UK government industrial support schemes (Regional Selective Assistance and the Small Firm Merit Awards for Research and Technology) on UK manufacturing plant level total factor productivity in an attempt to answer the question, ‘did assistance make a difference?’
KW - UK industrial policy
KW - Regional selective assistance
KW - Total factor productivity
UR - http://www.scopus.com/inward/record.url?eid=2-s2.0-4444314332&partnerID=MN8TOARS
U2 - 10.1111/j.0036-9292.2004.00319.x
DO - 10.1111/j.0036-9292.2004.00319.x
M3 - Article
VL - 51
SP - 528
EP - 543
JO - Scottish Journal of Political Economy
JF - Scottish Journal of Political Economy
IS - 4
ER -