Direction de la Science, de la technologie et de l'innovation
Quantifying industrial strategies across nine OECD countries
Industrial policy has resurfaced prominently in academic and policy discussions in
the wake of major shocks and long-term trends. However, quantifying industrial strategies
across countries remains difficult. The ‘Quantifying Industrial Strategies’ (QuIS)
project measures industrial policy expenditures by gathering and harmonising publicly
available data, based on a new methodology. This report summarises the composition
of industrial strategies in the first nine participating countries in terms of expenditures,
priorities, and policy instruments for the period 2019-21. The report finds that industrial
policies are sizeable, with 1.5% of GDP in grants and tax expenditures, and with an
important heterogeneity across countries in terms of strategic priorities; industrial
strategies mainly rely on sectoral instruments, representing on average 29% of grants
and tax expenditures; and green instruments are important and rose significantly in
six out of nine countries between 2019 and 2021.
Available from June 19, 2023
In series:OECD Science, Technology and Industry Policy Papersview more titles