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'No policy is an island' - on the interaction between industrial and other policies

机译：“没有政策就是孤岛”-关于产业政策与其他政策之间的互动

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摘要

In considering industrial policy from the perspective of other economic policies, this article seeks to identify the sources and consequences of conflict between industrial, competition, trade and fiscal policies. It is observed that the goals of industrial policy, even when economically justified, are often in conflict with competition and trade policy goals. Industrial policy also lacks its own independent instruments and fiscal policy instruments are frequently used and often economically optimal for implementing industrial policy. This can create policy conflict even when the goals themselves are independent. For these reasons, the cost of industrial policy is often the sacrifice of some other policy goal. It is argued that this interdependence narrows the scope for economically sensible industrial policy.
机译：在从其他经济政策的角度来考虑产业政策时，本文试图确定工业，竞争，贸易和财政政策之间冲突的根源和后果。据观察，即使在经济上合理的情况下，产业政策的目标也常常与竞争和贸易政策目标相抵触。产业政策还缺乏自己的独立工具，财政政策工具经常被采用，并且在经济上通常是实施产业政策的最佳选择。即使目标本身是独立的，这也会造成政策冲突。由于这些原因，产业政策的成本通常是其他一些政策目标的牺牲。有人认为，这种相互依存缩小了经济上明智的工业政策的范围。

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