Huemer, Stefan; Scheubel, Beatrice; Walch, Florian - In: CESifo economic studies : CESifo, a joint initiative of … 59 (2013) 3, pp. 576-608
institutional competitiveness have developed heterogeneously among EMU Member States. To explain these divergent developments, the …While there are many methods to measure the competitiveness of an economy, most of these concepts ignore the fact that … competitiveness can change not only because of market processes such as wage negotiation but also because of political decision making …