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Who will determine the economic course in 2002? - the investment outlook for the producing sector and the services sector

Author

Listed:
  • Albert Müller
  • Arno Städtler

Abstract

The investment climate in Germany has cooled down. The worsened sales prospects of export-oriented industries will have a negative impact on the investment propensity of the affected German firms, and the largely more unfavourable depreciation rules in effect since the beginning of 2001 will have an additional dampening effect. Investment growth in plant and equipment, which plays a key role in international competition for future income and employment opportunities, will be weaker during the forecast period (2001: 6.4% and 2002: 6.7%) than in 2000 (8.4%).

Suggested Citation

  • Albert Müller & Arno Städtler, 2001. "Who will determine the economic course in 2002? - the investment outlook for the producing sector and the services sector," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 54(10), pages 17-19, October.
    • Handle: RePEc:ces:ifosdt:v:54:y:2001:i:10:p:17-19
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    More about this item

    JEL classification:

    • L60 - Industrial Organization - - Industry Studies: Manufacturing - - - General
    • L80 - Industrial Organization - - Industry Studies: Services - - - General
    • O10 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - General
    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development

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