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Austria is a small open economy that in the last decades underwent two different waves of increasing trade integration: one with Eastern Europe and one with China. Drawing on trade theory, this paper studies the effects of increases in trade with China and Eastern Europe on labour market...
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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...
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Austria's economy is in transition from implementing existing technologies to the creation of innovative products and processes. Its research intensity has been enhanced, as have the skills requirements to be met by its workforce. In order to complete this transition it is necessary to adjust...
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Based on a small panel of NACE 2-digit industries, econometric estimates indicate a cash flow to sales ratio of Austrian manufacturing firms of approximately 10.3 percent in 2008. This marks a significant drop from the extraordinarily high 13.7 percent in 2007, and can be explained by the...
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Based on a small panel of NACE 2-digit industries, econometric estimates indicate a cash flow to sales ratio for Austrian manufacturers of approximately 10.6 percent in 2007, which is only 0.1 percentage point above the level of 2006. This is the result of an increase in industrial output and...
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