We study the (macroeconomic) consistency of individual firm-level business tendency survey responses and take firm-level heterogeneity explicitly into account. Adding firm-level, industry- and region-specific structural characteristics allows controlling for additional microeconomic...

Der Forschungs- und Technologiebericht 2016 ist ein Lagebericht über die aus Bundesmitteln geförderte Forschung, Technologie und Innovation in Österreich und wurde im Auftrag der Bundesministerien für Wissenschaft, Forschung und Wirtschaft (BMWFW) und Verkehr, Innovation und Technologie...

According to difference-in-difference estimates business cycle synchronization and similarity in sector structures between acceding and pre-existing regions reduced after Eastern Enlargement. Results for Northern enlargement are more ambiguous. In both enlargements, however, region pairs...

This paper describes the methodologies used for constructing a composite leading indicator for the Austrian economy (CLI-AT). First, a selection of those monthly indicators which overall fare best in showing a "steady" leading behaviour with respect to the Austrian business cycle was performed....

According to difference-in-difference estimates business cycle synchronisation and similarity in sector structures between acceding and pre-existing regions reduced after Eastern Enlargement. Results for Northern enlargement are more ambiguous. In both enlargements, however, region pairs...

This paper studies the interplay of integration into EU value chains and industrial development measured by labour productivity. Our integration indicator measures value chain trade within the Single Market relative to global value chain networks. Using a simultaneous equation model, we find an...

We investigate the impact of self-organized reputation versus certification by an independent institution on demand for online shops. Using data from a large Austrian price comparison site, we show that quality seals issued by a credible and independent institution increase demand more than...

The empirical literature on mergers, market power and collusion in differentiated markets has mainly focused on methods relying on output and/or panel data. In contrast to this literature we suggest a novel approach that allows for the detection of collusive behaviour among a group of firms...

Der Forschungs- und Technologiebericht 2017 ist der Lagebericht über die aus Bundesmitteln geförderte Forschung, Technologie und Innovation in Österreich und wurde im Auftrag der Bundesministerien für Wissenschaft, Forschung und Wirtschaft (BMWFW) und Verkehr, Innovation und Technologie...