In 2013, the cash-flow-to-sales ratio of the Austrian manufacturing sector reached an estimated 9.0 percent, a value significantly below the long-run average of 9.6 percent. The persistently muted performance of the manufacturing sector has affected the cash-flow-to-sales ratio, which declined...

In 2013, the cash-flow-to-sales ratio of the Austrian manufacturing sector reached an estimated 9.0 percent, a value significantly below the long-run average of 9.6 percent. The persistently muted performance of the manufacturing sector has affected the cash-flow-to-sales ratio, which declined...

In 2011, the cash flow to sales ratio should have increased in the Austrian manufacturing sector. The rise reflects the continued recovery after the severe crisis in 2008 and 2009, which was also marked by a drop in the cash flow to revenue margin. For 2011, econometric estimates based on a...

Die ökonomischen, demografischen und soziodemografischen Entwicklungen der letzten Dekade führten und führen zu Veränderungen in der Arbeitswelt und den Erwerbsformen, u. a. auch zu einem Trend zu Ein-Personen-Unternehmen (EPU). EPU sind selbstständige Wirtschafttreibende auf Voll- oder...

This paper provides a survey of the effects of market competition in the transition economies of Eastern Europe and Central Asia. The pivotal element of the transition was inter-firm competition, which replaced economic planning as the method to identify demand. Pro-competitive policies that...

Aiming at both low prices and innovation, policy makers and economists have long argued about the optimal intensity of competition. While the current discussion in telecommunication regulation points out that competition can be detrimental to innovation due to the low appropriability of rents...

The cash earnings of Austrian manufacturing, estimated by WIFO at 10.3 percent of the turnover in 2008, were close to their long-term average. During the last years, i.a., due to rising cash flows, the equity ratio rose to 38.5 percent in 2007, exceeding for the first time the European average...