The microeconomics of manufacturing modernization programs

摘要: Abstract Manufacturing modernization programs are designed to improve the competitiveness of small- and medium-sized manufacturers by accelerating their use best-practice technologies. Justification for these is most often cast in terms past slow rates adoption, international economic competitiveness, market failures provision information. These frameworks, however, do not adequately address policy programmatic issues related program design, financing, evaluation. Using a microeconomic model based on firm- industry-level effects programs, we examine importance spillover benefits from efforts, both horizontal spillovers rivals clients vertical clients' customers, implications issues.