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Impact of Targeted Industrial Policies on Competitiveness of Regions, Industries, and Firms in Emerging Markets (28/02/2018)


Special issue call for papers from International Journal of Emerging Markets

Industrial policies targeting particular industries and regions in emerging markets have been at the centre of an international debate for several years (Lall, 1994; Amsden, 2001). Many governments use industrial policies to promote specific industries and stimulate recovery in certain geographic regions. Such targeted industrial policies have become controversial, attracting divisive reactions in academic as well as and policy-maker circles. Advocates and opponents of targeted industrial policies have extensively discussed the expected costs, benefits, inefficiencies and risks associated with this type of government interventions. Policy makers are concerned with the degree of discretion left to governments (Krueger, 1990) and the effectiveness of promoting national development goals (Chang, 2009). Moreover, policy asymmetries between different countries can affect international trade as exemplified by \the discrepancies between China’s renewable energy incentive policies (Liu and Goldstein, 2013; Zhang et al., 2013) and those implemented by the EU (Martinez, et al., 2016): which have led to economic and diplomatic tensions (Ly and Spigarelli, 2016).

The focus on industrial policies is central to any analysis of international trade and investment patterns, including global expansion of multinational enterprises. This special issue aims to enhance our understanding of the variety of targeted industrial policies launched in emerging market economies by analysing their impact on economic growth, specialization patterns and on the competitiveness of countries, industries, regions and firms. Investigating the use of targeted industrial policies in one emerging economy can provide important insights relevant to other emerging economies and their growth patterns. We seek papers that advance theoretical perspectives, which can integrate extant theoretical lens into an analysis of emerging market growth, provide novel insights and explore the implications for industries and firms.

We invite submissions which draw upon varied theoretical perspectives, adopt diverse empirical approaches, and conduct inquiries on multiple levels of analysis. We seek both theoretical and empirical papers that may address, but are not limited to the following research questions:

  • Do targeted industrial policies affect economic growth and country specialization in emerging markets?
  • Do industry specific policies affect the global expansion of emerging market multinationals?
  • Do targeted industrial policies affect the export capacity and competitiveness of domestic firms in emerging markets?
  • How can we measure the impact of targeted industrial that promote key sectors at a national level?
  • Is international competition affected by incentives and promotion policies aimed at specific industries and firms? Is there any crowding out effect at the industry and firm levels?
  • Do asymmetries in economic incentives associated with targeted policies affect international competition in specific industries (e.g., renewable energy, healthcare, etc.)?
  • Do targeted industrial policies in emerging economies impact global value chains?

Both empirical and theoretical contributions on the theme of targeted industrial policies in emerging markets as well as practitioner focused submissions will be considered suitable for publication in the special issue.

Important Dates:

Paper Submission Deadline:      February 28, 2018
First round Peer Reviews due:    May 31, 2018                     
Revised Paper Submission:       August 31, 2018   
Review & Paper Decision:          November 30, 2018
Publication:                              TBA

Guidelines on Submission:

•    Please visit the International Journal of Emerging Markets at www.emeraldinsight.com/journal/ijoem to know more about the manuscript requirements.
•    Submissions to the International Journal of Emerging Markets are made using ScholarOne Manuscripts, the online submission and peer review system. Registration and access is available through http://mc.manuscriptcentral.com/ijoem

Guest Editors:

•    Marco R. Di Tommaso, University of Ferrara, c.MET05, Italy
Email: ditommaso@economia.unife.it
•    Francesca Spigarelli, University of Macerata, c.MET05, Italy
Email: spigarelli@unimc.it
•    Consulting Editor: Rangamohan V. Eunni, Youngstown State University, Youngstown, USA      
Email: rveunni@ysu.edu   

References:

Amsden, A. H. 2001. The Rise of the Rest: Challenges to the West from Late-Industrializing Economies. Oxford University Press, Oxford.
Chang, H. 2009. Should industrial policy in developing countries conform to comparative advantage or defy it?’ – A debate between Justin Lin and Ha-Joon Chang, Development Policy Review, 27(5).
Di Tommaso M.R., Rubini L. and Barbieri E. 2013. Southern China: Industry, Development and Industrial Policy, Milton Park Abingdon United Kingdom, Routledge.
Di Tommaso M.R., Tassinari M. Bonnini, S., Marozzi M. 2017. “Industrial Policy and Manufacturing Targeting in the US: New Methodological Tools for Strategic Policy-making." International Review of Applied Economics, 10.1080/02692171.2017.1303036
Di Tommaso, M.R., Schweitzer, S.O..2013. Industrial Policy in America: Breaking the Taboo, Cheltenham England: Edward Elgar Publishers.
Krueger, A.O. 1990. Government Failures in Development. Journal of Economic Perspectives, 4(3): 9-23. Lall, S. 1994. The East Asian miracle: Does the bell toll for industrial strategy?, World Development, Elsevier, vol. 22(4), pp. 645-654.
Liu, J., Goldstein, D., 2013. Understanding China's renewable energy technology exports. Energy Policy 52, 417–428
Lv, P., Spigarelli F. 2016. The determinants of location choice: Chinese foreign direct investments in the European renewable energy sector. International Journal of Emerging Markets, vol. 11, p. 333-356, ISSN: 1746-8809, doi: 10.1108/IJOEM-09-2014-0137
Martínez A., P., Hewitt, R., Díaz P. J., Román B. L., Hernández, J. C., Vicente G. J., Bressers, H., de Boer, C., 2016. Losing the roadmap: renewable energy paralysis in Spain and its implications for the EU low carbon economy. Renew. Energy 89, 680–694.
Zhang, S., Andrews-Speed, P., Zhao, X., He, Y., 2013. Political and institutional analysis of the successes and failures of China's wind power policy. Energy Policy 46, 331–340.