U.S. Industrial Policy

Industrial Policy - government-sponsored economic program in which the public and private sectors coordinate their efforts to develop new technologies and industries. Government provides the financial support and capital to the private sector by direct subsidies, tax credits, or government-run developmental banks. Industrial policy emphasizes cooperation between government, banks, private Read More...

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U.S. Industrial Policy

1.

Industrial Policy American Style: From Hamilton to HDTV
by Richard D. Bingham. 234 pgs.

Book

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The proper role of government in the U.S. economy has been the subject of ideological dispute for generations. In some recent variations the debate has ranged from purist advocacy of government "hands-off" to calls for protectionist policies and aggressive support for American businesses struggling in a cut-throat world market.
What is the reality? This question animates Richard Bingham's provocative study of industrial policy American-style, as practiced (if not preached) by administration after administration. Readable and enlivened with case studies, this book is accessible and of interest to anyone who follows business-government relations in the United States and abroad.

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Title Page

Contents

Preface

Abbreviations and Acronyms

1: What's in a Name?

2: In the Beginning: America's Long History of Industrial Policy

3: Functional Problem Solving

4: Aggressive Unilateralism in a Free Trade Environment

5: Rebuilding Urban America

6: Industrial Policy Through National Defense

7: Industrial Policy for New Technologies: Pitfalls and Foibles

8: Why All the Fuss?

Appendix: Japanese Industrial Policy: Does It Work?

Notes

Bibliography

Index
2.

The Rise of the Corporate Commonwealth: U. S. Business and Public Policy in the Twentieth Century
by Louis Galambos, Joseph Pratt. 280 pgs.

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Title Page

The Rise of the Corporate Commonwealth: U.S. Business and Public Policy in the Twentieth Century

Contents

List of Figures

List of Tables

Preface

Part One: J. P. Morgan's World

Chapter 1: The View from the House of Morgan

Chapter 2: The Entrepreneurial Firm and the Morgan System, 1840-1900

Part Two: The System in Flux, 1901-1939

Chapter 3: The Expanding Public Presence, 1901-1930

Chapter 4: Business Consolidates Its Control, 1901-1930

Chapter 5: The First Crisis of the New Corporate Commonwealth

Part Three: The American Era, 1940-1969

Chapter 6: Redefining the Public Sector

Chapter 7: The Modern Firm in Triumph

Chapter 8: Tensions at Home and Abroad

Part Four: The Second Crisis of the Corporate Commonwealth, 1970 to the Present

Chapter 9: New Directions and Misdirections in the Public Sector

Chapter 10: Reconstruction Begins

Chapter 11: The World According to Iacocca

Suggestions for Further Reading

Index
3.

Caution: Industrial Policy Is Coming, in Challenge
by Amitai Etzioni. 4 pgs.

Journal Article
4.

Moving towards an American Industrial Technology Policy, in Policy Studies Journal
by Paul Teske, Renee Johnson. 15 pgs.

Journal Article
5.

Incentives and Political Economy (Chap. 5 "Political Economy and Industrial Policy")
by Jean-Jacques Laffont. 257 pgs.

Book

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Title Page

Incentives and Political Economy

Preface

Acknowledgements

Contents

1: Introduction

Part I Politicians as Informed Supervisors

2: The Complete Contract Approach to Constitutional Design

Appendix 2

3: An Incentive Theory of the Separation of Powers

Appendix 3

4: Checks and Balances

Appendix 4

Part II Flexibility Versus Discretion in Constitutional Design

5: Political Economy and Industrial Policy

5.7: Conclusion

6: Political Economy and the Marginal Cost Pricing Controversy

Appendix 6

7: Toward a Political Theory of the Emergence of Environmental Incentive Regulation

Appendix 7

Part III Coalition Formation and Constitutional Design

8: Optimal Constitutional Response to Coalition Formation

Appendix 8

9: Collusion and Decentralization

10: Concluding Remarks

Appendix Translations of Passages Quoted in French

References

Index
6.

Revitalizing Antitrust in Its Second Century: Essays on Legal, Economic, and Political Policy (Part V "Tempering Antitrust with Industrial Policy?")
by Harry First, Eleanor M. Fox, Robert Pitofsky. 550 pgs.

Book

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In this provocative new work, a distinguished group of policymakers, legal scholars, and economists challenge the prevailing view that antitrust legislation is no longer relevant, arguing instead that antitrust, progressively construed and adapted to today's economic realties, remains the most promising national economic policy for this country. Their papers address a range of topics, including the impact of underenforcement of antitrust law in the 1980s, the implications of global markets and competition, theoretical advances, and the future of antitrust.

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Title Page

COPYRIGHT ACKNOWLEDGEMENTS

Contents

Acknowledgements

Contributors

Introduction

NOTES

Part I Setting the Stage

Part I Setting the Stage

NOTES

Chapter 2 Theories of Industrial Organization

Chapter 3 Anchoring Antitrust Economics -- A Lexicon

Part II Antitrust and a Dynamic Economy

NOTES

Chapter 4 the Economic Goals of Antitrust: Efficiency, Consumer Welfare, and Technological Progress

N0TES

Chapter 5 Antitrust, Efficiency, and Progress

CONCLUSION

CONCLUSION

Chapter 6 Antitrust and Enforceability: An Empirical Perspective

Chapter 7 Law and Enforceability: A Litigator's Perspective

Part III The Creation and Uses of Economic Power

Predation, Exclusion, and Efficiency

Chapter 9 Containing Section 2

Chapter 10 Delimiting Antitrust

NOTES

Chapter 11 Against Orthodoxy

Chapter 12 The Dangerousness of Power

Chapter 13 Competition Chasing the Tail of Efficiency

Chapter 14 Abuse of a Dominant Position and Exclusionary Practices: A European View

Chapter 15 Legal Reasoning and the Jurisprudence of Vertical Restraints: the Limitations of Neoclassical Economic Analysis in the Resolution of Antitrust Disputes

NOTES

Chapter 16 Economics of Vertical Arrangements

Chapter 17 Vertical Restraints: Flynn, Ponsoldt, Comanor, and the Sea of Doubt

Chapter 18 Competitors' Collaboration -- A Methodology for Analysis

Part IV Barriers to Entry and Global Competition

NOTES

Chapter 19 Ease of Entry: Has the Concept Been Applied Too Readily?

Chapter 20 Foreign Competitors and Potential Competition: Geographic Market Definition in an International Context

APPENDIX

APPENDIX

Part V Tempering Antitrust with Industrial Policy?

NOTES

Chapter 21 Modifying Antitrust to Meet International Competition: The Case of Semiconductors

Chapter 22 Putting the Brakes on the Merger Movement -- Antitrust, Yes; Industrial Policy, No

Part VI Antitrust in its Second Century

NOTE

Chapter 23 Congress and Antitrust Policy After the Reagan Administration

NOTES

Chapter 24: Dual Antitrust Enforcement in the 1990s

Chapter 25: The Case for Federal Uniformity

Chapter 26: Business Judgment v. Antitrust Justice--The Forgotten Private Plainti ff

Chapter 27: Does Antitrust Have a Future?

Conclusion

NOTE

Index
7.

Can America Compete? (Chap. Five "The Questionable Case for Selective Industrial Policies")
by Robert Z. Lawrence. 162 pgs.

Book

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Title Page

Foreword

Contents

Chapter One a Nation of Hamburger Stands?

Summary and Conclusions of the Study

U.S. Manufacturing and Structural Change

Chapter Two is America Deindustrializing?

Chapter Three is Trade Deindustrializing America?

Policy Options

Chapter Five: The Questionable Case for Selective Industrial Policies

Chapter Six Toward More Appropriate Structural Policies

Appendix Classification Tables

Index
8.

To Market, to Market, with What? Some Observations on Labor Market Rationales for Industrial Policy, in Journal of Economic Issues
by Celia Thomas, Emil Friberg. 9 pgs.

Journal Article
9.

From Zero-Sum to Value-Added Strategies: The Emergence of Knowledge-Based Industrial Policy in the States of the United States, in Policy Studies Journal
by Henry Etzkowitz. 13 pgs.

Journal Article
10.

Readings on the Relation of Government to Property and Industry
by Samuel P. Orth. 666 pgs.

Book

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Title Page

Preface

Contents

I: The Changing Conceptions of Property and the Functions of Government

The Renewed Extension of Government Control of Economic LIfe: Annual Address of the President of the American Economic Association

Business Enterprise and the Law

Ii the Response of Legislatures and Courts to the Newer Demands

III: The Police Power

State Police Powers and Federal Property Guarantees

The Progressiveness of the United States Supreme Court

A Bulwark to the State Police Power -- the United States Supreme Court

Iv Corporations

Governmental Regulation of Securities Issues

Interlocking Corporations

The Case of the Monopolies -- Some of Its Results and Suggestions

The Law of Combined Action Or Possession

State Control of Public Utilities

The Anthracite Coal Industry and the Business Affected with A Public Interest

V: Commissions and Boards

Regulation by Commission

Some Features of State Regulation of Public Utilities

Conclusiveness of Administrative Determinations in the Federal Government

Judicial Review of Public Regulation

VI: Labor Laws and the Labor Contract

The Legal Minimum Wage in the United States

Employers' LIability and Workmen's Compensation Laws

Constructive Investigation and the Industrial Commission of Wisconsin

Judicial Reasons for ILlegality of Boycotts

VII: Tendencies Toward Federal Control of Commerce and Industry

The Regulation of Railway Rates Under the Fourteenth Amendment

Usurpation in Administrative Law

VIII: Excerpts from Testimony Given at the Hearings Before the Committee on In Terstate Commerce of the United States Senate, Investigating the Desirability of Changing the Laws Regulating and Control LIng Corporations, Persons, and Firms Engaged in Interstate Commerce.

IX: Recent Federal Legislation Pertaining to Federal Control of Industry

Index
11.

Balancing Acts: Technology, Finance, and the American Future
by James K. Galbraith. 262 pgs.

Book

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Title Page

Contents

Preface to the Paperback Edition

Acknowledgments

Introduction

Chapter 1: Capital Goods

Chapter 2: The Age of Contradictions

Chapter 3: What Reagan Did

Chapter 4: The Nature of the Gase for Price Stabilization

Chapter 5: The Obsolescence of Full Employment

Chapter 6: Profits and Productive Investment

Chapter 7: Industrial Intervention

Chapter 8: The Case for a Limited Tax Shock

Chapter 9: Real Money and Real Interest Rates

Chapter 10: World Growth and the Debt

Chapter 11: Incomes Policies

Chapter 12: National Expectations: a Proposal

Chapter 13: Conclusions

Notes

Index
12.

Military Spending and Industrial Decline: A Study of the American Machine Tool Industry
by Anthony DiFilippo. 202 pgs.

Book

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Title Page

Recent Titles in Contributions in Economics and Economic History

Contents

Tables

Charts

Acknowledgments

1: An Introduction: Government Policy Contravenes the Machine Tool Industry

Conclusion

Notes

2: A Short History of Machine Tool Development and the Industry

Conclusion

3

Conclusion

4: Machine Tool Demand and Defense Spending

Notes

5: The Politics of Survival

Notes

6: Perspectives on Position

Notes

Selected Bibliography

Index

About the Author
13.

Responding to Defense Dependence: Policy Ideas and the American Defense Industrial Base
by Erik R. Pages. 191 pgs.

Book

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The 1970s and 1980s witnessed growing concern in the United States regarding the relative decline of the American economy and, for defense planners, the military's growing dependence on foreign production of weapons' parts and subcomponents--the "guts" of many critical weapons systems. The period also witnessed growing interest in industrial policy as a tool for promoting U.S. international competitiveness, defense sectors proving to be particularly attractive candidates for government economic intervention. This study traces the evolution of defense dependence and the U.S. government's response to this dilemma by examining policy ideas and experiments in four defense industries--machine tools, semiconductor manufacturing, ball bearings, and high-definition television technologies--explaining successes and failures, and reviewing prospects for expansion.

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Title Page

Contents

Abbreviations

Foreword

Preface

1: Sounding the Alarm: Recognizing Defense Dependence

2: Explaining Responses to Dependence

3: Ideas and the American Defense Industrial Base

4: Relief for the Machine Tool Industry?

5: The Semiconductor and Semiconductor Manufacturing Industries and the Creation of Sematech

6: Yet Another Call to Arms: Revitalizing the Bearings Industry

7: HDTV: A Strategic Industry at Risk?

8: Conclusions

Bibliography

Index

About the Author
14.

Handbook of Global Economic Policy (Chap. 26 "U. S. Public Policy toward a Dynamic Increasing-Returns Industry")
by Stuart S. Nagel. 572 pgs.

Book

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Title Page

Preface

Contents

Introduction

Endnotes

1: Environmental Policy in the African Development Bank and the Asian Development Bank

Endnotes

2: Reforming Transport with Dominant State-Owned Enterprises

3: From Conflict to Order? Corporatism in South Africa

Endnote

4: International Financial Institutions and the Politics of Structural Adjustment

5: Mechanisms for Labor Harmony

6: Industrial Policy and Regional Development

References

7: Deregulation for Whom? Reexamining the Retail Deregulation in Japan

8: Democracy, Development, and the Welfare State in India a Win-Win Policy Analysis

Endnotes

9: Policies and Strategies of International Organizations in Combating Child Labor in India a Win-Win Analysis

10: Economic Liberalization and Federalism the Case of India

11: Government-Business Relations and Southeast Asian Subregional Economic Growth Triangles

Endnotes

12: Economic Reform and Political Legitimacy in Post-Mao China

13: Implications of Reform in the Chinese State-Owned Enterprises

14: Central-Local Conflicts in Economic Management in China

Endnotes

15: Marketization After Mao National Strategy in Postreform China, 1980-1993

16: Hong Kong the World's Freest Economy and Its Liberal Policy

17: State Revenue Administration Problems in a Transition Economy State Revenue Service of the Republic of Latvia

18: From Corporatism to Etatism German Policy Networks Before and After Unification

References

19: Political Economy of Income Distribution in Britain

20: National Industrial Policy in the Context of Supranational and Subnational Policy Expansion

References

21: Divergent Paths of Product Market Regulation in France and Germany, 1970-1990

Endnotes

22: Mexican Crisis in the Internationalization of Finance

23: Elections and Democratization in Mexico

24: Implementing Argentine State Reform

25: Neighbors, Informal Job Brokers, and the Employment Problem of the Urban Poor

26: U.S. Public Policy Toward a Dynamic Increasing-Returns Industry

Endnotes

Index

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U.S. Industrial Policy

U.S. Industrial Policy

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