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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 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
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
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
While in the first half of 2008 economic conditions were still very favourable in Austria, an economic downturn set in midyear and gained strength towards the end of 2008. This peculiar growth pattern implies that economic indicators for the year 2008 do not fully reflect the extent of the...
Persistent link: https://www.econbiz.de/10004995204
The economic situation in 2005 lost some of its momentum in the first half of the year, but in the second half the Austrian economy saw dynamic development. The gross value added (without agriculture and forestry) rose slightly more than 2 percent in 2005. The weakening of export growth...
Persistent link: https://www.econbiz.de/10005020284
Die Produktivitätsentwicklung einer Volkswirtschaft hängt eng mit Erfahrung, Ausbildung und Gesundheit und somit mit dem Alter der Arbeitskräfte zusammen. Auch in Österreich gewinnt der demographische Wandel an Bedeutung; er verläuft regional unterschiedlich. Die Untersuchung für die...
Persistent link: https://www.econbiz.de/10010593094
Population ageing is gaining significance in the economic policy debate and economic growth literature. One aspect is the effect of demographic change on productivity growth since productivity is strongly related to experience, educational attainment, health – and therefore also age. In...
Persistent link: https://www.econbiz.de/10010663827
No empirical evidence has so far been collected on the quantitative effects of EU structural fund programmes in Austria. The present analysis, by its very nature a pilot study, is thus the first attempt to shed light on this important issue. Using a small regional scale, we analysed systematic...
Persistent link: https://www.econbiz.de/10004987483
In 2009 business in the Austrian Länder suffered a serious shakedown as a consequence of the economic crisis, which primarily hit the manufacturing sector. Länder that have a high share of manufacturing businesses and which acted as growth drivers during boom times found their gross value...
Persistent link: https://www.econbiz.de/10008523790