Oxford Events, the new replacement for OxTalks, will launch on 16th March. From now until the launch of Oxford Events, new events cannot be published or edited on OxTalks while all existing records are migrated to the new platform. The existing OxTalks site will remain available to view during this period.
From 16th, Oxford Events will launch on a new website: events.ox.ac.uk, and event submissions will resume. You will need a Halo login to submit events. Full details are available on the Staff Gateway.
My project studies the impact of industrial policy on industrial development by exploring a canonical East Asian intervention. Following a political crisis in 1972, South Korea dramatically altered its development strategy with a new sector-specific policy: the Heavy Chemical and Industry (HCI) drive. With newly digitized data, I use the sharp introduction and withdrawal of the targeted policy to study its impacts. I show (1) HCI successfully promoted the evolution of directly treated industries. Next I provide evidence for two key justifications of industrial policy: network and dynamic externalities. (2) Using variation in exposure to policies through the input-output network, I show HCI indirectly benefited (non-treated) downstream industry. (3) Finally, I show both direct and indirect benefits of HCI persist even after the policy is withdrawn, following the 1979 assassination of President Park. Together, my findings suggest that the temporary push helped shift industry into higher value-added activity.
Please sign up for meetings here: docs.google.com/spreadsheets/d/1XJOSHywCIKfSQ2nIJ92bsYS15n_OJgATKDbjRxgQ-zo/edit#gid=0