The crisis-ridden countries of southern Europe find themselves in a situation comparable to the one of flagging regions within a country: both are members of a currency union – the euro area in the first case, and the common national currency in the second. In both cases, a key policy...

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...

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...

A regression analysis has shown that, due to watered-down competition, prices of single-day ski passes are higher by up to 18 percent in regions covered by ski networks than they would be in an independent region. Networking similarly weakens competition when it comes to multi-day passes....

Due to demographic change an efficient design of publicly funded long-term care services becomes increasingly important. A new law on public care funds (Pflegefondsgesetz) introduced in 2011 gives statutory priority to the extension of mobile home care over residential care. However, according...

The projection of public net expenditure on care services in the Länder (federal states) that are (partially) financed by the social welfare system and the needs-based guaranteed minimum social benefit system takes into account the demographic development, the better health status of elderly...

Lower Austria has been the fastest growing Austrian province since 1988. This growth has been favored by the opening of the borders of Lower Austria's Central and Eastern European neighbors, the relocation of economic activities from Vienna to the suburban areas of Lower Austria as well as...

The Austrian economy continued to grow strongly in 2007, gross value added increased by 3.3 percent in real terms. However, a slow-down set in during the second half of the year, with the rate of growth dropping 0.4 percentage points below the figure for the first half (+3.5 percent)....

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...

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...