Industrial Policy and the Great Divergence
We discuss recent work evaluating the role of the government in shaping the economy during the long 19th century, a practice we refer to as industrial policy. States deployed a vast variety of different policies aimed at, primarily, but not exclusively, fostering industrialization. A thin, but growing literature has started to evaluate the economic effects of these policies, but many questions remain open for study.
Published Versions
Réka Juhász & Claudia Steinwender, 2024. "Industrial Policy and the Great Divergence," Annual Review of Economics, .
More from NBER
In addition to working papers, the NBER disseminates affiliates’ latest findings through a range of free periodicals — the NBER Reporter, the NBER Digest, the Bulletin on Retirement and Disability, the Bulletin on Health, and the Bulletin on Entrepreneurship — as well as online conference reports, video lectures, and interviews.
