Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/302921 
Year of Publication: 
2024
Series/Report no.: 
GLO Discussion Paper No. 1491
Publisher: 
Global Labor Organization (GLO), Essen
Abstract: 
How to conceive industrial policies as development instruments distinct from trade or fiscal-deduction interventions? How can we model and study the role of state-owned enterprises (SOEs) as agents of industrial policy? How can we model their main attributes and architectures? Drawing on the labour-augmented K+S agentbased model (ABM) in a two-country configuration, we propose an ABM aimed at analysing how SOEs may affect technological and industrial development, fostering economic growth and international competitiveness, in the context of a North-South, leader-laggard type of dynamics. Our objective is not simply to study the ex post outcomes of industrial policies, but rather to model SOEs as explicit economic agents potentially capable to drive industrial dynamics, institutional build-up, and, ultimately, growth. The results indicate that SOEs are a relevant policymaking instrument for these purposes.
Subjects: 
Industrial Policy
State-Owned Enterprises
Technology Gap
Agent-Based Model
JEL: 
C63
J3
E24
O1
Document Type: 
Working Paper

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