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Austrian business cycles are strongly dependent on the development of foreign exports. The paper deals with two important issues in this context: What is the impact of foreign exports on total growth in the Austrian economy? A more and more globalized economy implies that the share of foreign...
Persistent link: https://www.econbiz.de/10008477137
Based on simulations with a computable general equilibrium model the impacts of service liberalization policies on trade flows were estimated by wiiw. Given these trade effects resulting changes in value added and employment on a regional level were simulated using a multiregional multisectoral...
Persistent link: https://www.econbiz.de/10011345601
Austrian business cycles are strongly dependent on the development of foreign exports. The paper deals with two important issues in this context: What is the impact of foreign exports on total growth in the Austrian economy? A more and more globalized economy implies that the share of foreign...
Persistent link: https://www.econbiz.de/10011345604
With exports and manufacturing gearing up again in Austria, regional differences in growth rates as they had prevailed before the crisis showed up again in 2010. Fuelled by good export rates and considering their lower level to start with Styria and Upper Austria, which had been gravely affected...
Persistent link: https://www.econbiz.de/10009140835
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...
Persistent link: https://www.econbiz.de/10010663745
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
Persistent link: https://www.econbiz.de/10010705231
Persistent link: https://www.econbiz.de/10010935678
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...
Persistent link: https://www.econbiz.de/10010776415
This paper is the first to apply an econometric shift-share model to tourism. The approach allows us to isolate the growth contributions of changes in regional touristic attractiveness from those induced by the structure of visitors, but does not share the caveats of the conventional shift-share...
Persistent link: https://www.econbiz.de/10011630396