Criscuolo, Chiara
[Verfasser:in]
;
Díaz, Luis
[Mitwirkende:r];
Lalanne, Guy
[Mitwirkende:r];
Guillouet, Louise
[Mitwirkende:r];
van de Put, Charles-Édouard
[Mitwirkende:r];
Weder, Camilla
[Mitwirkende:r];
Zazon Deutsch, Hadas
[Mitwirkende:r]
Quantifying industrial strategies across nine OECD countries
Beschreibung:
Industrial policy has resurfaced prominently in academic and policy discussions in the wake of major shocks and long-term trends. However, quantifying industrial strategies across countries remains difficult. The ‘Quantifying Industrial Strategies’ (QuIS) project measures industrial policy expenditures by gathering and harmonising publicly available data, based on a new methodology. This report summarises the composition of industrial strategies in the first nine participating countries in terms of expenditures, priorities, and policy instruments for the period 2019-21. The report finds that industrial policies are sizeable, with 1.5% of GDP in grants and tax expenditures, and with an important heterogeneity across countries in terms of strategic priorities; industrial strategies mainly rely on sectoral instruments, representing on average 29% of grants and tax expenditures; and green instruments are important and rose significantly in six out of nine countries between 2019 and 2021.