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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
Quarterly national account estimates are subject to revisions over time, to account for newly available data and new methods of computation, as well as a revision of their underlying data source. In economically turbulent periods, such as the financial and economic crisis of 2008-09, revisions...
Persistent link: https://www.econbiz.de/10010941202
Quarterly national account estimates are subject to revisions over time, to account for newly available data and new methods of computation, as well as a revision of their underlying data source. In economically turbulent periods, such as the financial and economic crisis of 2008-09, revisions...
Persistent link: https://www.econbiz.de/10011167361
In 2013, Austria's economy grew by just 0.4 percent, the slowest growth rate since the recession of 2008-09 when overall production had shrunk by 3.8 percent. Both the investment volume and private household consumption declined in real terms. Unemployment rose sharply to a new height of 7.6...
Persistent link: https://www.econbiz.de/10010765772
Surprisingly manufacturers expect to boost their investments substantially in 2015. Considering the weak recovery and an economic situation that has hardly improved at all it is unlikely that their expectations will come true. In 2014, manufacturers raised their investments by 10 percent,...
Persistent link: https://www.econbiz.de/10011147865
The paper describes a model for computing the trend output and the structural budget deficit in Austria. The calculation of trend output is based on a production function approach within a small macroeconomic model of the Austrian economy. A decomposition of public budgets into cyclical and...
Persistent link: https://www.econbiz.de/10004995218
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
According to difference-in-difference estimates business cycle synchronisation and similarity in sector structures between acceding and pre-existing regions reduced after Eastern Enlargement. Results for Northern enlargement are more ambiguous. In both enlargements, however, region pairs...
Persistent link: https://www.econbiz.de/10011147859
Persistent link: https://www.econbiz.de/10008992979
Several empirical studies derive that personal positions with respect to policy measures are dominated by ideology instead of narrow self-interest. In the present field study we carried out a telephone survey with 1,003 respondents all over Austria. Instead of measuring selfishness indirectly by...
Persistent link: https://www.econbiz.de/10008587019