Strategies of Green Industrial Policy

How States Position Firms in Global Supply Chains

Datos Bibliográficos

ID3575635
AutoresBentley B Allan (0000-0002-6364-7966, Johns Hopkins University, autor de correspondencia), Jonas Nahm (0000-0003-1742-5999, Johns Hopkins University, autor de correspondencia)
Año2025
Volumen119
Número1
Páginas420-434
Fecha de publicación2025-02-01
Peer ReviewedSí
Open AccessSí
TipoARTICLE
RevistaAmerican Political Science Review (JOURNAL)
Identificadores de la revistaISSN: 0003-0554 • E-ISSN: 1537-5943
EditorialCambridge University Press (CUP) (PUBLISHER)
DOI10.1017/s0003055424000364
OpenAlexW4396807903
IdiomaEN
Citas recibidas29
Referencias citadas49

The resurgence of industrial policymaking-particularly for emerging low-carbon industries-challenges social science theories that expect such interventions from centralized states or suggest that different kinds of states specialize in various forms of innovation policy. Interventionist forms of industrial policy have made a comeback among liberal economies. Coordinated economies now make use of market-driven strategies. This paper argues that the new generation of industrial strategies is shaped by the industrial development challenges that policymakers face at the sectoral level. It proposes a new theoretical framework that distinguishes between the policy orientation (targeted or open-ended) and the central agents driving financial and technological decision-making (governments or firms). We show that the choice of strategy is shaped by the level of uncertainty and the position of the domestic industry in global supply chains, that is, whether global supply chains are emerging or mature and whether the domestic industry is an entrant or incumbent

Business · Economic system · Economics · Emerging markets · Industrial organization · Industrial policy · International trade · Position (finance · Supply chain · Asian Industrial and Economic Development · Climate Change Policy and Economics · Global trade, sustainability, and social impact · Marketing