Regional development in Austria has long been characterized by an east-south-west divide with eastern and southern states trailing western states in terms of value added and employment growth. In the 1990's, however, growth in value added was higher in the south and east and in terms of...

Vor dem Hintergrund der massiven wirtschaftlichen Auswirkungen der COVID-19-Pandemie und der Maßnahmen zu ihrer Eindämmung bietet das vorliegende Papier eine Abschätzung der relativen Betroffenheit der Wirtschaft der österreichischen Bundesländer in der derzeitigen Krisenphase. Die Analyse...

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...

Projections show sharp increases in public spending on long-term care services across Europe. However, a purely cost based focus on long-term care services is economically misleading. Private and public expenditure on long-term care services directly and indirectly generate income in the form of...

The recent macroeconomic literature dealing with fiscal policy multipliers is dominated by applications of aggregate DSGE (Dynamic Stochastic General Equilibrium) models, whereas multi-sectoral models (econometric input-output or CGE) are absent. This paper contributes to the debate from a...