It's not a complete account but this paper (forthcoming in the Journal of Economic Perspectives) shows that the evidence on the success of industrial policy is quite mixed.
Hanno Lustig
Hanno Lustig15.7. klo 07.48
If we really want to take a scientific approach to assessing China's industrial policy (or any other country's), we ought to start by developing a comprehensive database, not subject to survivorship bias, with all of the projects a country's government has invested in.
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