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...

This paper analyzes the role of ethnic networks in the location decision of migrants to the EU at the regional level. Using a random parameters logit specification we find a substantially positive effect of ethnic networks on the location decision of migrants. Furthermore, we find evidence of...

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...

The present paper investigates the free-riding problem in determining product quality within cooperatives in a vertically related market. Whereas the individual member has to bear all costs associated with higher quality, the benefits of delivering higher quality have to be shared among all...

Cooperatives and investor-owned firms are alternative forms of business organisation that coexist and compete in many markets. The theoretical literature has identified a number of comparative advantages and disadvantages of cooperatives. Decentralized decision making within cooperatives may...

In the period from the enlargement of the European Union to the current economic crisis the CENTROPE region was characterised by a consistently high growth and a clearly improving situation on the labour market. From the economic point of view, however, the region is still poorly integrated....