Industrial Policy for National Champions

Cover
......Page 1
Contents......Page 6
Series Foreword......Page 8
Acknowledgments......Page 10
Contributors......Page 12
I Introduction......Page 14
1 Arguments for and against Policies to Promote National Champions......Page 16
II Analyses in Dynamic Settings......Page 24
2 Some Thoughts on Industrial Policy and Growth......Page 26
3 National Champions and Economic Growth......Page 44
4 Subsidizing National Champions......Page 76
III Political-Economy Analyses......Page 102
5 Mergers and National Champions......Page 104
6 The Hidden Costs of Political Sponsorship of Industrial Firms......Page 132
IV Analyses in Static Settings......Page 146
7 National Champions under Credit Rationing......Page 148
8 Market Integration with Regulated National Champions......Page 168
9 Economic Patriotism, Foreign Takeovers, and National Champions......Page 190
Index......Page 212