Bach, Stefan; Baldi, Guido; Bernoth, Kerstin; Bremer, Björn - In: DIW Economic Bulletin 3 (2013) 8, pp. 5-16
Germany and this increase in competitiveness can be largely attributed to wage moderation rather than productivity growth. The … study indicate that Germany has had an annual investment gap of three percent of GDP, on average, since 1999. This means … that Germany needs to invest substantially more in order to reduce the investment backlog accumulated in recent years and …