Economic Activity Moving Closer to its Potential in the Medium Term. Projections for the Austrian Economy until 2008

Josef Baumgartner, Serguei Kaniovski and Ewald Walterskirchen
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Ewald Walterskirchen: WIFO

Austrian Economic Quarterly, 2004, vol. 9, issue 1, 24-33

Abstract: Over the period from 2003 to 2008, real GDP in Austria is expected to grow by about 2.3 percent per year, slightly faster than in the euro area as a whole. Notably the tax reform, EU enlargement and investment in the knowledge base should secure a small growth advantage vis-à-vis the EU. The pace of expansion might, however, not be sufficient to reduce the currently high unemployment rate.

Keywords: medium-term; projection; forecasts; macroeconomics; Austria (search for similar items in EconPapers)
Date: 2004
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Persistent link: https://EconPapers.repec.org/RePEc:wfo:wquart:y:2004:i:1:p:24-33

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