Pro-industry Policies, Sustainability and Industrial Growth

Abdilahi Ali, Baris Alpaslan

Research output: Chapter in Book/Report/Conference proceedingChapter

Abstract

The objective of this chapter is two-fold: (1) to explore how pro-industry policies and environmental sustainability impact on industrial growth, and (2) to examine how industrial growth responds to pro-industry policies in countries with varying environmental records. In line with the so-called Porter Hypothesis, our findings indicate that a high environmental performance is indeed consistent with industrial development. In addition, we find that pro-industry policies and environmental sustainability are substitutes rather than complements in their effect on industry. We identify some policy measures which policy-makers could undertake to make the two complementary in their effect on industrial growth.
Original languageEnglish
Title of host publicationIndustrial Policy, Sustainable Growth in Developed and Developing Countries
PublisherSpringer Nature
Publication statusAccepted/In press - 08 Nov 2016

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