State Capacity and the Role of Industrial Policy in Automobile Industry: a Comparative Analysis of Turkey and South Korea

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dc.contributor.authorYülek, Murat Ali
dc.contributor.authorLee, K.H.
dc.contributor.authorKim, J.
dc.contributor.authorPark, D.
dc.date.accessioned2020-11-21T15:54:09Z
dc.date.available2020-11-21T15:54:09Z
dc.date.issued2020en_US
dc.departmentİstanbul Ticaret Üniversitesien_US
dc.description.abstractAutomobiles account for a significant share of global output and trade. Since automobile manufacturing is widely considered to be an engine of economic development, a number of countries, including Turkey and South Korea, have pursued industrial policies in the automobile sector, with mixed success. While the two countries started from similar initial conditions and both devised and implemented automobile industrial policies, the outcomes were very different. The Korean automobile sector has far outperformed its Turkish counterpart. The difference in policy outcomes begs an obvious question of why that happened. This paper’s central objective is to find answers to that question by analyzing and comparing industrial policies in the automobile sector. To do so, we develop a list of qualitative and quantitative criteria in order to assess and explain the different outcomes. We base our analysis on a review of the historical development of the automobile sector and policies in both countries. Our analysis suggests that differences in state capacity and hence quality of industrial policies help explain the differential performance of the automobile industry in the two countries. © 2020, Springer Science+Business Media, LLC, part of Springer Nature.en_US
dc.identifier.doi10.1007/s10842-019-00327-yen_US
dc.identifier.issn1566-1679
dc.identifier.scopus2-s2.0-85077622100en_US
dc.identifier.scopusqualityQ2en_US
dc.identifier.urihttps://doi.org/10.1007/s10842-019-00327-y
dc.identifier.urihttps://hdl.handle.net/11467/3772
dc.identifier.wosWOS:000515591200001en_US
dc.identifier.wosqualityN/Aen_US
dc.indekslendigikaynakWeb of Scienceen_US
dc.indekslendigikaynakScopusen_US
dc.language.isoenen_US
dc.publisherSpringeren_US
dc.relation.ispartofJournal of Industry, Competition and Tradeen_US
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanıen_US
dc.rightsinfo:eu-repo/semantics/closedAccessen_US
dc.subjectAutomotive industryen_US
dc.subjectIndustrial policyen_US
dc.subjectPolicy capacityen_US
dc.subjectState capacityen_US
dc.subjectSteering capacityen_US
dc.titleState Capacity and the Role of Industrial Policy in Automobile Industry: a Comparative Analysis of Turkey and South Koreaen_US
dc.typeArticleen_US

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