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CentrePiece article
When innovation policy trumped protectionism: the Reagan years
Ufuk Akcigit, Sina T. Ates and Giammario Impullitti
March 2019
Paper No' CEPCP545:
Full Paper (pdf)

CentrePiece 24 (1) Spring 2019

Tags: innovation; protectionism; economic growth; short and long run gains from globalization; foreign technological catching-up; innovation policy; trade policy; competition

Giammario Impullitti and colleagues show that it was the Reagan administration's innovation policy - not a retreat from globalisation - that promoted US growth.

This article summarises ‘Innovation and Trade Policy in a Globalized World’ by Ufuk Akcigit, Sina Ates and Giammario Impullitti, CEP Discussion Paper No. 1589