Industrial Policy—An Institutional Economic Framework for Assessment

Wilfred Dolfsma, Łukasz Mamica

Research output: Contribution to journalArticleAcademicpeer-review


Abstract: In this article we suggest an institutional economic approach to classifying government policies, thus offering suggestions to improve the expected outcomes of government policy as well. We elaborate the argument for industrial policy-government policy to directly influence investment and resource allocation decisions by private companies. By adopting dimensions for industries that are stable over time, we can suggest which policies are suitable for which industries.

Original languageEnglish
Pages (from-to)349-355
Number of pages7
JournalJournal of Economic Issues
Issue number2
Publication statusPublished - 2 Apr 2020


  • government policy
  • industrial policy
  • policy assessment

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