Exploring industrial policy pattern in developing countries' automotive industry: a comparative mixed-approach analysis

This paper undertakes a comparative analysis of industrial policy approaches across four developing economies - China, Mexico, Thailand, and Turkey - in the automotive sector. Employing a mixed-methods approach through Boolean algebra, the study identifies key policy combinations that correlate with successful industry outcomes. The study proposes a phased policy model: in the first phase, countries should focus on import substitution, export promotion, and establishing joint ventures. In the same time, it is good to pay attention to policies supporting research and development, and human resource development. Second phase contains cross-border investment policies to further support industry growth.