{"id":83187,"date":"2024-01-22T08:46:16","date_gmt":"2024-01-22T07:46:16","guid":{"rendered":"https:\/\/www.wifo.ac.at\/publication\/83187\/"},"modified":"2024-11-06T23:34:32","modified_gmt":"2024-11-06T22:34:32","slug":"aufschwung-erreicht-problemgebiete-die-wirtschaft-in-den-bundeslaendern-im-ii-quartal-1994-2","status":"publish","type":"publication","link":"https:\/\/www.wifo.ac.at\/en\/publication\/83187\/","title":{"rendered":"Economic Upturn Reaches Problem Areas"},"content":{"rendered":"","protected":false},"featured_media":0,"template":"","class_list":["post-83187","publication","type-publication","status-publish","hentry"],"acf":{"subtitle":"","text":"The economic recovery in Austria is well under way. Signs that economic activity has picked up can also be found at the regional level. None of the major regions has lagged behind; even in the Southeast, where in previous business cycles the rebound came at a late stage, demand has firmed up rapidly. The upturn has been supported by foreign demand and brisk investment activity. Construction has maintained its high level. Because the rebound in Europe is lagging considerably behind the upswing in the U.S., prices of raw materials have recovered in an earlier cyclical phase; this price increase is now benefiting the producers in the basic goods industries. Only tourism is still suffering from the weakness in consumer demand typical of the early phase of the upswing; this year the decline in tourism expenditures has been compounded by special factors. All these demand factors are manifest in the economic development of the provinces. In Upper Austria (+2.9 percent), Carinthia (+3.1 percent), Salzburg, and Vorarlberg (+3.3 percent each) gross value added (excluding agriculture and energy) advanced at an above average rate. In Carinthia, Salzburg, and Vorarlberg gains in construction offset losses in tourism; in Carinthia and Salzburg manufacturing also posted high increases. Thanks to the pick-up in the demand for steel, Styria reached the average rate of increase of 2.5 percent. Lower Austria (+4.6 percent) and Burgenland (+5.9 percent) posted the highest gains; in Burgenland the precipitous output loss in the apparel industry, which looms large in this state's manufacturing sector, was more than offset by gains in other branches of manufacturing. Tirol (+1.1 percent) was the only state in which the positive growth impulses were not strong enough to counterbalance the losses in tourism which reduced economic growth by about 1 percentage point. Vienna's economy is more strongly oriented towards consumer demand than that of other states; moreover, the phasing out of major construction projects is only being felt now. There are problem areas in Vienna's economy, however. Distribution and banking and insurance lag considerably behind the development in the other provinces and account for \u00bd percentage point of the growth differential. With a rate of +0.8 percent, Vienna is the laggard among the provinces in the current cyclical upswing.","onlinedate":"1994-11-01 01:00:00","lang":"German","publication_series":"","publication_date":"19941101","publication_date_year":"","publication_date_full":false,"publication_num_pages":"","keywords":"[]","jelcodes":"[]","related_publications":"[]","pdf":274634,"zip":null,"link":"","monthly_report":true,"monthly_report_main":false,"monthly_report_volume":"67","monthly_report_pages":"612-616","monthly_report_pages_sort":"612","issue":"11","journal":"WIFO-Monatsberichte","publisher":"","invisible":false,"external":false,"embargo_date":null,"types":[44312],"research_groups":[3481],"collaboration":"","persons":[4089,3691,3957],"persons_data":"[{\"personId\":4089,\"personName\":\"Norbert Geldner\",\"organisationNames\":[]},{\"personId\":3691,\"personName\":\"Peter Mayerhofer\",\"organisationNames\":[]},{\"personId\":3957,\"personName\":\"Gerhard Palme\",\"organisationNames\":[]}]","clients":[],"subclients":[],"partners":[],"topics":[],"host_publication_title":"","host_publication_subtitle":"","place_of_publication":"","host_publication_editors":"[]","type_description":"","output_media":"","chapter":"","article_number":"","citations":"{\"apa\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_apa rendering_contributiontoperiodical rendering_apa rendering_contributiontoperiodical_apa\\\"><span>Geldner, N.<\\\/span><span>, Mayerhofer, P.<\\\/span><span>, &amp; Palme, G.<\\\/span> (1994). <span>Aufschwung erreicht Problemgebiete. Die Wirtschaft in den Bundesl\u00e4ndern im II. Quartal 1994<\\\/span>. <span><em>WIFO-Monatsberichte<\\\/em><\\\/span>, <em>67<\\\/em>(11), 612-616. <a onclick=\\\"window.open(this.href, '_blank','noopener,noreferrer'); return false;\\\" href=\\\"https:\\\/\\\/www.wifo.ac.at\\\/wwa\\\/pubid\\\/95\\\" class=\\\"link\\\"><span>https:\\\/\\\/www.wifo.ac.at\\\/wwa\\\/pubid\\\/95<\\\/span><\\\/a><\\\/div>\",\"vancouver\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_vancouver rendering_contributiontoperiodical rendering_vancouver rendering_contributiontoperiodical_vancouver\\\"><span>Geldner N<\\\/span><span>, Mayerhofer P<\\\/span><span>, Palme G<\\\/span>. <span class=\\\"title\\\"><span>Aufschwung erreicht Problemgebiete. Die Wirtschaft in den Bundesl\u00e4ndern im II. Quartal 1994<\\\/span><\\\/span>. <span>WIFO-Monatsberichte<\\\/span>. 1994 Nov;67(11):612-616.<\\\/div>\",\"bibtex\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_bibtex rendering_contributiontoperiodical rendering_bibtex rendering_contributiontoperiodical_bibtex\\\"><div>@misc{cef3df0a17874f1dad295d0d94412289,<\\\/div><div>  title    = \\\"Aufschwung erreicht Problemgebiete. Die Wirtschaft in den Bundesl{\\\\\\\"a}ndern im II. Quartal 1994\\\",<\\\/div><div>  abstract = \\\"Der Konjunkturaufschwung hat sich weiter gefestigt und sehr rasch auch jene Gebiete erreicht, die fr{\\\\\\\"u}her h{\\\\\\\"a}ufig erst mit einiger Verz{\\\\\\\"o}gerung erfa{\\\\ss}t wurden. W{\\\\\\\"a}hrend Nieder{\\\\\\\"o}sterreich und Burgenland unter verbesserten Standortbedingungen kr{\\\\\\\"a}ftig expandierten, blieben Wien und Tirol aus strukturellen Gr{\\\\\\\"u}nden zur{\\\\\\\"u}ck.\\\",<\\\/div><div>  keywords = \\\"Aufschwung erreicht Problemgebiete. 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Quartal 1994<\\\/p><p>AU  - Geldner, Norbert<\\\/p><p>AU  - Mayerhofer, Peter<\\\/p><p>AU  - Palme, Gerhard<\\\/p><p>PY  - 1994\\\/11<\\\/p><p>Y1  - 1994\\\/11<\\\/p><p>N2  - Der Konjunkturaufschwung hat sich weiter gefestigt und sehr rasch auch jene Gebiete erreicht, die fr\u00fcher h\u00e4ufig erst mit einiger Verz\u00f6gerung erfa\u00dft wurden. W\u00e4hrend Nieder\u00f6sterreich und Burgenland unter verbesserten Standortbedingungen kr\u00e4ftig expandierten, blieben Wien und Tirol aus strukturellen Gr\u00fcnden zur\u00fcck.<\\\/p><p>AB  - Der Konjunkturaufschwung hat sich weiter gefestigt und sehr rasch auch jene Gebiete erreicht, die fr\u00fcher h\u00e4ufig erst mit einiger Verz\u00f6gerung erfa\u00dft wurden. W\u00e4hrend Nieder\u00f6sterreich und Burgenland unter verbesserten Standortbedingungen kr\u00e4ftig expandierten, blieben Wien und Tirol aus strukturellen Gr\u00fcnden zur\u00fcck.<\\\/p><p>KW  - Aufschwung erreicht Problemgebiete. 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Quartal 1994; Economic Upturn Reaches Problem Areas<\\\/p><p>M3  - WIFO-Schriftenreihen<\\\/p><p>VL  - 67<\\\/p><p>SP  - 612<\\\/p><p>EP  - 616<\\\/p><p>JO  - WIFO-Monatsberichte<\\\/p><p>JF  - WIFO-Monatsberichte<\\\/p><p>ER  - <\\\/p><\\\/div>\"}","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 v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Economic Upturn Reaches Problem Areas - WIFO<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.wifo.ac.at\/en\/publication\/83187\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Economic Upturn Reaches Problem Areas\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.wifo.ac.at\/en\/publication\/83187\/\" \/>\n<meta property=\"og:site_name\" content=\"WIFO\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/WIFOat\/\" \/>\n<meta property=\"article:modified_time\" content=\"2024-11-06T22:34:32+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.wifo.ac.at\/wp-content\/uploads\/2024\/05\/WIFO-Gebaeude-FotoAlexanderMueller-www.alexandermueller.at-IMG_6326-Bearbeitet-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1920\" \/>\n\t<meta property=\"og:image:height\" content=\"1280\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:site\" content=\"@WIFOat\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.wifo.ac.at\\\/en\\\/publication\\\/83187\\\/\",\"url\":\"https:\\\/\\\/www.wifo.ac.at\\\/en\\\/publication\\\/83187\\\/\",\"name\":\"Economic Upturn Reaches Problem Areas - 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