Picking Winners?: From Technology Catch-up to the Space Race in Japan - Hardcover

Pekkanen, Saadia M.

Hardcover

ISBN 10: 0804747326 ISBN 13: 9780804747325

Verlag: Stanford University Press, 2003

Inhaltsangabe

Using case studies and econometric analyses, the author finds that the postwar Japanese state engaged in industrial policy mainly based on economic and not-as is assumed in mainstream political economy theories-political criteria.

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Über die Autorin bzw. den Autor

Saadia M. Pekkanen is Job and Gertrud Tamaki Professor, School of International Studies; and Adjunct Professor, School of Law, at the University of Washington, Seattle

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How do governments choose which industries to favor? If governments are largely motivated by the national economic interest, then industrial selection would be biased in favor of picking winners. If, on the other hand, governments are motivated by an electoral and political logic, as is usually assumed in mainstream political economy approaches, then industrial choices would be skewed in favor of politically influential industries—even if they are uncompetitive or declining.
At the core of this book is a methodology that pits these competing explanations against each other, draws out their testable propositions, and then uses three different approaches—econometrics, structured data analysis, and case studies—to ascertain whether one or the other explanation prevails in the celebrated case of postwar Japan. The evidence, which ranges from Japan's earliest efforts at technology catch-up to present-day policies of indigenizing space rockets, shows that economic logic did in fact prevail across industries and over time, despite ever-present political pressures. The most important point this study uncovers is that it is not just selection but deselection that has been the hallmark of Japan's trade and industrial policies over the postwar period.

Aus dem Klappentext

How do governments choose which industries to favor? If governments are largely motivated by the national economic interest, then industrial selection would be biased in favor of picking winners. If, on the other hand, governments are motivated by an electoral and political logic, as is usually assumed in mainstream political economy approaches, then industrial choices would be skewed in favor of politically influential industries even if they are uncompetitive or declining.
At the core of this book is a methodology that pits these competing explanations against each other, draws out their testable propositions, and then uses three different approaches econometrics, structured data analysis, and case studies to ascertain whether one or the other explanation prevails in the celebrated case of postwar Japan. The evidence, which ranges from Japan's earliest efforts at technology catch-up to present-day policies of indigenizing space rockets, shows that economic logic did in fact prevail across industries and over time, despite ever-present political pressures. The most important point this study uncovers is that it is not just selection but deselection that has been the hallmark of Japan's trade and industrial policies over the postwar period.

Details zur Ausgabe

• Verlag: Stanford University Press
• Erscheinungsdatum: 2003
• Sprache: Englisch
• ISBN 10: 0804747326
• ISBN 13: 9780804747325
• Einband: Tapa dura
• Anzahl der Seiten: 302
• Kontakt zum Hersteller: Nicht verfügbar
• Verantwortliche Person: Nicht verfügbar