Mumenthaler, Stephan; von Schnurbein, Barbara - In: Aussenwirtschaft 67 (2016) 1, pp. 27-43
This paper postulates that a country's competitiveness is sticky, i.e. it does not react immediately to changes in underlying framework conditions. The causes of this stickiness can be categorized along three dimensions. First, there is a delay between policy actions and their impact on...