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The cyclical downswing which depressed economic growth in the Western provinces is leveling off. In the third quarter of 1993, production in Western Austria (+0.2 percent) as well as in Eastern Austria (—0.1 percent) stabilized around last year's level; in the South, business remained sluggish...
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Regional growth differentials were small in the strong expansion of 1988. Activity in manufacturing picked up in all provinces. There was no East-West gradient.
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The Northwest and the Southeast of Styria differ greatly in their economic structure. Over the past ten years economic policy has concentrated on renewing the economic potential in Upper Styria; now the focus is shifting back to the border region. The Styrian government has commissioned WIFO to...
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An analysis of the cost structure of the Danube Festival 1988 in conjunction with estimates of visitor expenditures leads to the result that total income generated in Lower Austria through this festival is approximately equal to total public expenditure for this event. This income effect is one...
Persistent link: https://www.econbiz.de/10005020022
Austria's labor market recovered remarkably fast from the dramatic plunge in employment and from the record unemployment in the first quarter of 1996. This development supports the view that the economic slowdown in the fourth quarter of 1995 and the first quarter of 1996 is due rather to...
Persistent link: https://www.econbiz.de/10005020026
Whenever the business cycle approaches its trough and challenges for firms become particularly severe the regional pattern of competitive strength and need for adjustment shows up clearly. Upper Austria, Salzburg and the Tyrol fare much better than Styria, Carinthia and Vorarlberg. The Eastern...
Persistent link: https://www.econbiz.de/10005020047