This paper shows that increased factor mobility might cause the ``race to the top'' in setting the minimum wage, contrary to what other studies have suggested. By focusing on geographical labor mobility, we propose a minimum wage competition model and show that minimum wage rates may increase...

This research has an objective to empirically analyze the discourse on the correlations between minimum wage and the country's economic competitiveness, which has been severely criticized by authoritative individuals from both public and private sectors, especially after Pheu Thai Party...