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dc.contributor.authorSiebert, Horsten_US
dc.description.abstractLocational 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.-
dc.publisherKiel Institute for the World Economy (IfW) Kielen_US
dc.relation.ispartofseriesKiel Working Papers 731-
dc.titleOn the concept of locational competitionen_US
dc.typeWorking Paperen_US
Appears in Collections:Publikationen von Forscherinnen und Forschern des IfW
Kieler Arbeitspapiere, IfW

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