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Industrial Policy in Britain since 1970

Changing Values, Assumptions and Mechanisms

Bibliographic Data

ID16478242
AuthorsMartin Chick (0000-0001-6425-522X, School of History, Classics and Archaeology , William Robertson Wing, Old Medical School, 4 Teviot Place , Edinburgh , Scotland , EH8 9AG, corresponding author)
Year2017
Volume58
Issue1
Pages35-57
Publication date2017-05-24
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueJahrbuch für Wirtschaftsgeschichte / Economic History Yearbook (JOURNAL)
Journal identifiersISSN: 0075-2800 • E-ISSN: 2196-6842
PublisherWalter de Gruyter GmbH (PUBLISHER • DE)
DOI10.1515/jbwg-2017-0003
OpenAlexW2670580345
LanguageEN
Citations received1
References cited5

This article examines the change in the fundamental assumptions underpinning industrial policy from the mid-1970s in Britain. It necessarily contrasts the broadly supply-side concerns of industrial policy from the mid-1970s with the more demand-side concerns of the earlier ‘Golden Age’ period from 1945. Where in the earlier period the emphasis in industrial policy was on capital investment and the role of government in compensating for perceived market inefficiency, from the late 1970s this emphasis shifted to the need to improve the flexibility and quality of supply-side factors allied to a more optimistic view of the ability of the market to secure efficient outcomes

Capital (architecture · Demand side · Economic policy · Economics · Flexibility (engineering · Government (linguistics · Industrial policy · Inefficiency · Investment (military · Macroeconomics · Market economy · Political science · Politics · Quality (philosophy · Supply and demand · Supply side · Underpinning · Engineering · History · Law · Political and Economic history of UK and US

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Unique citing works1
Citations per year0.33
Citation span2023 - 2023 (1)
Citation velocityhistorical
Highly citedNo
Citation typesNeutral: 1

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