CEP News: Le Monde: Paul Seabright : « La politique industrielle a la capacité de soutenir l’emploi et l’investissement » / Paul Seabright: "Industrial policy has the capacity to support jobs and investment"

Le Monde:
Paul Seabright : « La politique industrielle a la capacité de soutenir l’emploi et l’investissement » / Paul Seabright: "Industrial policy has the capacity to support jobs and investment"

14 January 2019

A British study estimated the impact of public subsidies in regions in difficulty. If a gain for the job was found but the big companies, first beneficiaries, do not change their behavior, notes the professor of economy in his column.

Fortunately, a study published a few days ago in the prestigious American Economic Review allows us to estimate the impact of a British program of support for businesses in regions in difficulty ("Some Causal Effects of an Industrial Policy", Chiara Criscuolo, Ralf Martin, Henry G. Overman and John Van Reenen, American Economic Review No. 109/1, January 2019).

Le Monde:Paul Seabright : « La politique industrielle a la capacité de soutenir l’emploi et l’investissement » / Paul Seabright: "Industrial policy has the capacity to support jobs and investment"

Le Monde:
Paul Seabright : « La politique industrielle a la capacité de soutenir l’emploi et l’investissement » / Paul Seabright: "Industrial policy has the capacity to support jobs and investment"