IDEAS home Printed from https://ideas.repec.org/a/taf/recgxx/v78y2002i1p1-20.html
   My bibliography  Save this article

Why Do National Labor Market Practices Continue to Diverge in the Global Economy? The “Missing Link” of Investment Rules

Author

Listed:
  • Susan Christopherson

Abstract

How are we to understand what appear to be persistent differences in national economic practices? One way is through an analysis of the politically constructed “rules” that have been developed to govern markets in the major industrialized economies. Nationally based institutions and the power and agency they construct have a profound influence on private-sector and state actors. This power can be put into play outside as well as inside territorial boundaries. In this article, I expand the theoretical connections between market governance institutions and labor market practices by (1) examining how governance regimes influence the content and degree of labor flexibility and (2) analyzing the U.S. corporate governance regime as a set of institutions that parallels those of the more “coordinated” economies. If corporate governance is taken as central to explaining differences in the flexibility of labor markets, then U.S. practices can be explained more coherently. These practices are not simply a result of the absence of strong labor institutions but derive from the incentives that influence firms in the U.S. corporate governance regime.

Suggested Citation

  • Susan Christopherson, 2002. "Why Do National Labor Market Practices Continue to Diverge in the Global Economy? The “Missing Link” of Investment Rules," Economic Geography, Taylor & Francis Journals, vol. 78(1), pages 1-20, January.
    • Handle: RePEc:taf:recgxx:v:78:y:2002:i:1:p:1-20
    DOI: 10.1111/j.1944-8287.2002.tb00173.x
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1111/j.1944-8287.2002.tb00173.x
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1111/j.1944-8287.2002.tb00173.x?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Rosalia Diaz-Carrion & Noelia Franco-Leal, 2022. "Social and strategic innovation: extending the varieties of capitalism to asian countries," International Entrepreneurship and Management Journal, Springer, vol. 18(4), pages 1453-1474, December.
    2. Peter Sunley & Ron Martin & Ben Gardiner & Andy Pike, 2020. "In search of the skilled city: Skills and the occupational evolution of British cities," Urban Studies, Urban Studies Journal Limited, vol. 57(1), pages 109-133, January.
    3. Andrés Rodríguez-Pose & Michael Storper, 2006. "Better Rules or Stronger Communities? On the Social Foundations of Institutional Change and Its Economic Effects," Economic Geography, Taylor & Francis Journals, vol. 82(1), pages 1-25, January.
    4. Susan Christopherson, 2010. "Afterword: Contextualized Comparison in Local and Regional Economic Development: Are United States Perspectives and Approaches Distinctive?," Regional Studies, Taylor & Francis Journals, vol. 44(2), pages 229-233.
    5. Clark Gordon L., 2022. "Agency, sentiment, and risk and uncertainty: fears of job loss in 8 European countries," ZFW – Advances in Economic Geography, De Gruyter, vol. 66(1), pages 3-17, May.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:recgxx:v:78:y:2002:i:1:p:1-20. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/recg .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.