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Gross value added grew at a slow rate everywhere in Austria, due to the fact that exports, the traditional drivers of growth, failed as propellant. The brightening of national and international prospects in the second half of the year helped industrial regions, gaining them a slight growth edge...
Persistent link: https://www.econbiz.de/10010776415
Austria's GDP grew by just 0.3 percent in 2014, making for a sluggish economy for the third year in a row. Causes for the sluggishness were not just continued investment reticence on the part of businesses and muted expenditure on the part of private households but also the lack of any strong...
Persistent link: https://www.econbiz.de/10011266960
MultiREG is a multiregional input-output model that extends previous work on single-region models for Austria both in its geographic scope and its theoretical foundations. In a first version the model was completed in late 2004 and has already been used in long-term economic projections as well...
Persistent link: https://www.econbiz.de/10004975969
The economic situation in 2005 lost some of its momentum in the first half of the year, but in the second half the Austrian economy saw dynamic development. The gross value added (without agriculture and forestry) rose slightly more than 2 percent in 2005. The weakening of export growth...
Persistent link: https://www.econbiz.de/10005020284
While in the first half of 2008 economic conditions were still very favourable in Austria, an economic downturn set in midyear and gained strength towards the end of 2008. This peculiar growth pattern implies that economic indicators for the year 2008 do not fully reflect the extent of the...
Persistent link: https://www.econbiz.de/10004995204
After two years of highly dynamic growth in Austria, the global slowdown impacted in 2012 when Austria's economy managed just a relatively minor increase of its real GDP (+0.8 percent). With a few exceptions, all the economic sectors reported value-added growth rates lower than those of the...
Persistent link: https://www.econbiz.de/10010663745
With demand for investment once again on the rise and foreign trade (in goods) briskly growing across much of 2011, the Länder with a large share of industrial production were favoured over those more focused on services. Upper Austria and Styria again vied for first place in economic growth,...
Persistent link: https://www.econbiz.de/10010663860
With exports and manufacturing gearing up again in Austria, regional differences in growth rates as they had prevailed before the crisis showed up again in 2010. Fuelled by good export rates and considering their lower level to start with Styria and Upper Austria, which had been gravely affected...
Persistent link: https://www.econbiz.de/10009140835
The Agreement Governing Cross-border Commuting in Burgenland, concluded by Austria and Hungary in 1998, opened the doors for an influx of some 2,400 Hungarian cross-border commuters to the labour market in Burgenland. It attracted individuals whose success on the Austrian labour market surpassed...
Persistent link: https://www.econbiz.de/10008490122
Due to their geographic proximity, traditional economic ties and a policy of rapprochement with the EU, the Western Balkan region (Albania, Bosnia–Herzegovina, Kosovo, Croatia, Macedonia, Montenegro, and Serbia) has been accorded particular importance by Austria. By international standards,...
Persistent link: https://www.econbiz.de/10010754619