@techreport{Siebert1996concept,
abstract = {Locational competition means that the immobile factors of production in a country compete
for internationally mobile capital and technology. Locational competition influences
the restraint set of national players and redefines their opportunity costs. Thus, the bargaining
position of the trade unions is affected. Also the manoeuvring space of government
in terms of taxation and institutional arrangements is reduced. Governments are
more or less forced into an economic policy (and institutional) benchmarking. A high degree
of openness means that a country is exposed more to external changes. We therefore
can expect that smaller countries will be the innovators in world wide institutional
competition.},
address = {Kiel},
author = {Horst Siebert},
copyright = {http://www.econstor.eu/dspace/Nutzungsbedingungen},
keywords = {F00; 330; Standortwettbewerb; Theorie},
language = {eng},
number = {731},
publisher = {Kiel Institute for the World Economy (IfW)},
title = {On the concept of locational competition},
type = {Kiel Working Papers},
url = {http://hdl.handle.net/10419/879},
year = {1996}
}
