{"id":51483,"date":"2023-12-01T17:38:20","date_gmt":"2023-12-01T16:38:20","guid":{"rendered":"https:\/\/www.wifo.ac.at\/publication\/produktion-und-produktivitaet-kaldor-verdoorn-effekte-in-der-sachguetererzeugung-in-oesterreich-und-der-eu\/"},"modified":"2024-11-14T12:54:06","modified_gmt":"2024-11-14T11:54:06","slug":"produktion-und-produktivitaet-kaldor-verdoorn-effekte-in-der-sachguetererzeugung-in-oesterreich-und-der-eu","status":"publish","type":"publication","link":"https:\/\/www.wifo.ac.at\/en\/publication\/51483\/","title":{"rendered":"Output and Productivity. Estimates of the Kaldor-Verdoorn Effect in Austrian und EU Industrial Production"},"content":{"rendered":"","protected":false},"featured_media":0,"template":"","class_list":["post-51483","publication","type-publication","status-publish","hentry"],"acf":{"subtitle":"","text":"Empirical estimates of the Kaldor-Verdoorn effect in Austria and the EU by means of time series econometric techniques show that an increase of industrial production by 1 percent leads to an increase of labour productivity by up to 0.5 percent. Endogenous reinforcement effects through capital accumulation and induced technical progress are revealed by impulse response functions. A longer period of weak industrial production, therefore, dampens productivity growth, long-run prosperity and competitiveness.","onlinedate":"2018-01-30 12:00:00","lang":"German","publication_series":"","publication_date":"20180101","publication_date_year":"","publication_date_full":false,"publication_num_pages":"","keywords":"[]","jelcodes":"[]","related_publications":"[]","pdf":414148,"zip":null,"link":"","monthly_report":true,"monthly_report_main":false,"monthly_report_volume":"91","monthly_report_pages":"53-61","monthly_report_pages_sort":"53","issue":"1","journal":"WIFO-Monatsberichte","publisher":"","invisible":false,"external":false,"embargo_date":"2018-01-30 12:00:00","types":[44312],"research_groups":[3500],"collaboration":"","persons":[3567,3865],"persons_data":"[{\"personId\":3567,\"personName\":\"Stefan Ederer\",\"organisationNames\":[]},{\"personId\":3865,\"personName\":\"Stefan Schiman\",\"organisationNames\":[]}]","clients":[],"subclients":[],"partners":[],"topics":[],"host_publication_title":"","host_publication_subtitle":"","place_of_publication":"","host_publication_editors":"[]","type_description":"","output_media":"","chapter":"","article_number":"","scientific_assistance":"[]","scientific_review":"[]","version":"","release_date":null,"expiration_date":null,"surveyor":"","research_assistance":"","edv":"","additional_info_de":"","additional_info_en":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.3 (Yoast SEO v27.3) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Output and Productivity. 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