Article
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Designing an Industrial Policy for Developing Countries: A New Approach
Ali Haeri
Version 1
: Received: 3 January 2019 / Approved: 4 January 2019 / Online: 4 January 2019 (14:28:07 CET)
How to cite: Haeri, A.; Arabmazar, A. Designing an Industrial Policy for Developing Countries: A New Approach. Preprints 2019, 2019010045 (doi: 10.20944/preprints201901.0045.v1). Haeri, A.; Arabmazar, A. Designing an Industrial Policy for Developing Countries: A New Approach. Preprints 2019, 2019010045 (doi: 10.20944/preprints201901.0045.v1).
Abstract
In this study, the prevalent methodology for design of the industrial policy in developing countries was critically assessed, and it was shown that the mechanism and content of classical method is fundamentally contradictory to the goals and components of the endogenous growth theories. This study, by proposing a new approach, along settling Schumpeter's economic growth theory as a policy framework, designed the process of entering, analyzing and processing data as the mechanism of the industrial policy in order to provide "theoretical consistency" and "technical and Statistical requirements" for targeting the growth stimulant factor effectively.
Subject Areas
industrial policy, endogenous economic growth, new combinations, Schumpeter, technology, stimulant factor
Copyright: This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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