{"id":84085,"date":"2024-01-22T08:53:12","date_gmt":"2024-01-22T07:53:12","guid":{"rendered":"https:\/\/www.wifo.ac.at\/publication\/84085\/"},"modified":"2024-11-06T23:42:05","modified_gmt":"2024-11-06T22:42:05","slug":"konjunkturwende-verstaerkt-regionale-streuung-die-wirtschaft-in-den-bundeslaendern-im-iii-quartal-1995-2","status":"publish","type":"publication","link":"https:\/\/www.wifo.ac.at\/en\/publication\/84085\/","title":{"rendered":"Cyclical Weakening Accentuates Regional Disparities"},"content":{"rendered":"","protected":false},"featured_media":0,"template":"","class_list":["post-84085","publication","type-publication","status-publish","hentry"],"acf":{"subtitle":"","text":"Three factors have shaped the regional business cycle pattern in the 3rd quarter 1995: First, the pace of economic growth continues to be determined by manufacturing industry. The construction sector is in stagnation, the fall in tourism demand has become more marked towards the seasonal peak. With exports gradually reacting to last spring's exchange rate shifts, gains in industrial output have become notably smaller. Second, the necessary reining back of government deficits is set to weaken domestic demand. Neither private consumption nor construction investment may be expected to cushion the downturn in activity, as has been typical in previous cycles benefiting mainly the Vienna region. Third, the cyclical weakening has not been fully synchronized across regions, with relatively small leads and lags producing rather large growth differentials. A comparison of developments between the major regions shows, that growth differentials have been large only for energy generation, depending on the level of water carried by rivers. Excluding energy supply, growth rates were highly similar \u2013 1 percent on the East, 1.2 percent respectively in the West and South \u2013 with the major disparities showing up within each region. Upper Austria has so far been spared by the downturn, its gross regional product (excluding agriculture and energy supply) expanded by 2.7 percent (in volume, year-on-year) in the 3rd quarter 1995. The economies of Vorarlberg (+1.7 percent) and Styria (+2.1 percent) also performed above the national average, though in the first case with significantly weaker momentum than in the previous quarters. Vienna (+1.3 percent) and Lower Austria (+1.1 percent) were close to the national average, with the former benefiting from a \"soft landing\" of construction activity and relatively lively tourism demand. In the Tyrol (+0.3 percent), Salzburg and Carinthia (\u20130.6 percent, respectively) the setback in tourism demand had a much greater effect; Salzburg and Carinthia were also hit by a fall in construction output. In Burgenland, the easternmost Federal state, the hitherto vigorous upswing collapsed rather sharply, output fell 4 percent below the year-earlier level.","onlinedate":"1996-02-01 01:00:00","lang":"German","publication_series":"","publication_date":"19960201","publication_date_year":"","publication_date_full":false,"publication_num_pages":"","keywords":"[]","jelcodes":"[]","related_publications":"[]","pdf":275390,"zip":null,"link":"","monthly_report":true,"monthly_report_main":false,"monthly_report_volume":"69","monthly_report_pages":"111-116","monthly_report_pages_sort":"111","issue":"2","journal":"WIFO-Monatsberichte","publisher":"","invisible":false,"external":false,"embargo_date":null,"types":[44312],"research_groups":[3481],"collaboration":"","persons":[4089],"persons_data":"[{\"personId\":4089,\"personName\":\"Norbert Geldner\",\"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> (1996). <span>Konjunkturwende verst\u00e4rkt regionale Streuung. Die Wirtschaft in den Bundesl\u00e4ndern im III. Quartal 1995<\\\/span>. <span><em>WIFO-Monatsberichte<\\\/em><\\\/span>, <em>69<\\\/em>(2), 111-116. <a onclick=\\\"window.open(this.href, '_blank','noopener,noreferrer'); return false;\\\" href=\\\"https:\\\/\\\/www.wifo.ac.at\\\/wwa\\\/pubid\\\/283\\\" class=\\\"link\\\"><span>https:\\\/\\\/www.wifo.ac.at\\\/wwa\\\/pubid\\\/283<\\\/span><\\\/a><\\\/div>\",\"vancouver\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_vancouver rendering_contributiontoperiodical rendering_vancouver rendering_contributiontoperiodical_vancouver\\\"><span>Geldner N<\\\/span>. <span class=\\\"title\\\"><span>Konjunkturwende verst\u00e4rkt regionale Streuung. Die Wirtschaft in den Bundesl\u00e4ndern im III. Quartal 1995<\\\/span><\\\/span>. <span>WIFO-Monatsberichte<\\\/span>. 1996 Feb;69(2):111-116.<\\\/div>\",\"bibtex\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_bibtex rendering_contributiontoperiodical rendering_bibtex rendering_contributiontoperiodical_bibtex\\\"><div>@misc{0b8294830cfa46b6bc02a44a6ace041e,<\\\/div><div>  title    = \\\"Konjunkturwende verst{\\\\\\\"a}rkt regionale Streuung. Die Wirtschaft in den Bundesl{\\\\\\\"a}ndern im III. Quartal 1995\\\",<\\\/div><div>  abstract = \\\"Obwohl die Industriekonjunktur allm{\\\\\\\"a}hlich ausklingt, bestimmt sie nach wie vor das regionale Gef{\\\\\\\"a}lle. In Ober{\\\\\\\"o}sterreich, der Steiermark und Vorarlberg verlangsamte sich das Wachstum zwar ebenfalls, Tirol, Salzburg und K{\\\\\\\"a}rnten sind aber deutlich st{\\\\\\\"a}rker vom Abschwung betroffen. Der Aufschwung im Burgenland erwies sich nach seinem abrupten Zusammenbruch als {\\\"}Strohfeuer{\\\"}. Im gewohnten Muster der regionalen Entwicklung fehlen vor allem jene Elemente, die von den in Sp{\\\\\\\"a}tphasen des Aufschwungs {\\\\\\\"u}blicherweise st{\\\\\\\"a}rker ins Gewicht fallenden Binnenelementen der Nachfrage gepr{\\\\\\\"a}gt werden. Weder vom Konsum noch von der privaten Baut{\\\\\\\"a}tigkeit sind st{\\\\\\\"u}tzende Impulse zu erwarten.\\\",<\\\/div><div>  keywords = \\\"Konjunkturwende verst{\\\\\\\"a}rkt regionale Streuung. Die Wirtschaft in den Bundesl{\\\\\\\"a}ndern im III. Quartal 1995; Cyclical Weakening Accentuates Regional Disparities\\\",<\\\/div><div>  author   = \\\"Norbert Geldner\\\",<\\\/div><div>  year     = \\\"1996\\\",<\\\/div><div>  month    = feb,<\\\/div><div>  language = \\\"Deutsch\\\",<\\\/div><div>  volume   = \\\"69\\\",<\\\/div><div>  pages    = \\\"111--116\\\",<\\\/div><div>  journal  = \\\"WIFO-Monatsberichte\\\",<\\\/div><p>}<\\\/p><\\\/div>\",\"ris\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_ris rendering_contributiontoperiodical rendering_ris rendering_contributiontoperiodical_ris\\\"><p>TY  - GEN<\\\/p><p>T1  - Konjunkturwende verst\u00e4rkt regionale Streuung. Die Wirtschaft in den Bundesl\u00e4ndern im III. Quartal 1995<\\\/p><p>AU  - Geldner, Norbert<\\\/p><p>PY  - 1996\\\/2<\\\/p><p>Y1  - 1996\\\/2<\\\/p><p>N2  - Obwohl die Industriekonjunktur allm\u00e4hlich ausklingt, bestimmt sie nach wie vor das regionale Gef\u00e4lle. In Ober\u00f6sterreich, der Steiermark und Vorarlberg verlangsamte sich das Wachstum zwar ebenfalls, Tirol, Salzburg und K\u00e4rnten sind aber deutlich st\u00e4rker vom Abschwung betroffen. Der Aufschwung im Burgenland erwies sich nach seinem abrupten Zusammenbruch als \\\"Strohfeuer\\\". Im gewohnten Muster der regionalen Entwicklung fehlen vor allem jene Elemente, die von den in Sp\u00e4tphasen des Aufschwungs \u00fcblicherweise st\u00e4rker ins Gewicht fallenden Binnenelementen der Nachfrage gepr\u00e4gt werden. Weder vom Konsum noch von der privaten Baut\u00e4tigkeit sind st\u00fctzende Impulse zu erwarten.<\\\/p><p>AB  - Obwohl die Industriekonjunktur allm\u00e4hlich ausklingt, bestimmt sie nach wie vor das regionale Gef\u00e4lle. In Ober\u00f6sterreich, der Steiermark und Vorarlberg verlangsamte sich das Wachstum zwar ebenfalls, Tirol, Salzburg und K\u00e4rnten sind aber deutlich st\u00e4rker vom Abschwung betroffen. Der Aufschwung im Burgenland erwies sich nach seinem abrupten Zusammenbruch als \\\"Strohfeuer\\\". Im gewohnten Muster der regionalen Entwicklung fehlen vor allem jene Elemente, die von den in Sp\u00e4tphasen des Aufschwungs \u00fcblicherweise st\u00e4rker ins Gewicht fallenden Binnenelementen der Nachfrage gepr\u00e4gt werden. Weder vom Konsum noch von der privaten Baut\u00e4tigkeit sind st\u00fctzende Impulse zu erwarten.<\\\/p><p>KW  - Konjunkturwende verst\u00e4rkt regionale Streuung. Die Wirtschaft in den Bundesl\u00e4ndern im III. Quartal 1995; Cyclical Weakening Accentuates Regional Disparities<\\\/p><p>M3  - WIFO-Schriftenreihen<\\\/p><p>VL  - 69<\\\/p><p>SP  - 111<\\\/p><p>EP  - 116<\\\/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>Cyclical Weakening Accentuates Regional Disparities - 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\/84085\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Cyclical Weakening Accentuates Regional Disparities\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.wifo.ac.at\/en\/publication\/84085\/\" \/>\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=\"2024-11-06T22:42:05+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\\\/84085\\\/\",\"url\":\"https:\\\/\\\/www.wifo.ac.at\\\/en\\\/publication\\\/84085\\\/\",\"name\":\"Cyclical Weakening Accentuates Regional Disparities - 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