Das WIFO untersucht die gesamtwirtschaftlichen Wirkungen expansiver Budgetpolitik mithilfe von zwei empirisch geschätzten makroökonomischen Modellen für die Österreichische Wirtschaft. Dabei werden die Ergebnisse über die Jahre kumuliert ausgewiesen. Im Simulationsdesign wird angenommen,...

Economic growth in Austria could accelerate to 2.3 percent annually in real terms over the next five years. At such a pace, the average growth rate would thus be significantly higher than in 1999–2004 (+1.6 percent). The chief momentum comes from exports. Domestic enterprises should profit...

Growth of the Austrian economy may accelerate to an annual rate of 2.3 percent in the next five years. The average rate would thereby be markedly higher than the 1.6 percent recorded over the period from 1999 to 2004. Activity is receiving substantial stimulus from exports. Austrian firms should...

The business cycle recovery is currently proceeding at a slow pace. The medium-term forecast for the Austrian economy expects, however, an acceleration in 2003 and 2004. The upswing is mainly driven by external forces stimulating exports and business investment in machinery and equipment. Growth...

The Austrian economy is about to enter a phase of cyclical upturn that should last until 2004, when growth may rise above 3 percent. For 2005 and 2006, a marked slowdown should be expected. The business cycle is determined primarily by international developments exerting a direct impact on...