NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

The Causal Effects of an Industrial Policy

Chiara Criscuolo, Ralf Martin, Henry Overman, John Van Reenen

NBER Working Paper No. 17842
Issued in February 2012

---- Acknowledgements -----

Helpful comments have come from seminar participants in Berkeley, Essex, HECER, Helsinki, LSE, Lausanne, NARSC, NBER, NIESR, Paris, Stanford and Stockholm. Financial support is from the British Academy and ESRC through the CEP and SERC. We would like to thank the Department of Business and Innovation for data access and Paul David, Fernando Galindo-Rueda, Pete Klenow, Enrico Moretti, Beatrice Parrish, Marjorie Roome, David Southworth and Alex Wilson for useful insights. The ONS Virtual Microdata Lab ensured access to ONS Data, Alberta Criscuolo helped with the EU legislation and Mehtap Polat provided excellent research assistance. Errors in use of these data are our own. This work contains statistical data from ONS which is Crown copyright and reproduced with the permission of the controller of HMSO and Queen's Printer for Scotland. The use of the ONS statistical data in this work does not imply the endorsement of the ONS in relation to the interpretation or analysis of the statistical data. This work uses research datasets which may not exactly reproduce National Statistics aggregates. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.

---- Disclosure of Financial Relationships for Henry Overman -----

Henry Overman directs the Spatial Economics Research Centre. This Centre is part funded by the Department of Business Innovation and Science, the Economic and Social Research Council and the Welsh Assembly Government. . The support of the funders is acknowledged. The views expressed are those of the authors and do not represent the views of the funders.

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