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Investment in manufacturing in the new Länder: decline in 2002 but strong increase planned for 2003

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  • Peter Jäckel

Abstract

The results of the latest Ifo Investment Survey in western German manufacturing show that eastern German manufacturing registered declining investment in 2001, contrary to initial plans. For 2003 the estimate based on survey responses shows an investment volume of €7.35 billion or 14% over the previous year, whereby about half of the planned investment originates in three industries: electrical engineering, automobile manufacturing and the chemical industry. Accordingly, the nadir of investment in eastern German industry will be overcome in 2003.

Suggested Citation

  • Peter Jäckel, 2003. "Investment in manufacturing in the new Länder: decline in 2002 but strong increase planned for 2003," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 56(09), pages 28-33, May.
    • Handle: RePEc:ces:ifosdt:v:56:y:2003:i:09:p:28-33
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    File URL: https://www.ifo.de/DocDL/ifosd_2003_9_3.pdf
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    References listed on IDEAS

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    1. Peter Jäckel, 2002. "Verarbeitendes Gewerbe der neuen Bundesländer : nach sechs Jahren mit rückläufigen Investitionen stabiles Volumen 2001 und ein spürbarer Zuwachs 2002 erwartet," ifo Dresden berichtet, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 9(01), pages .32-37, September.
    2. Peter Jäckel, 2002. "Verarbeitendes Gewerbe der neuen Bundesländer : nach sechs Jahren mit rückläufigen Investitionen stabiles Volumen 2001 und ein spürbarer Zuwachs 2002 erwartet," ifo Dresden berichtet, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 9(01), pages 32-37, 09.
    3. Peter Jäckel, 2000. "East Germany: Investments in manufacturing continue to fall back to the "normal" level," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 53(31), pages 37-41, December.
    4. Peter Jäckel, 2003. "Verarbeitendes Gewerbe der neuen Bundesländer : nach Rückgang 2002 kräftiger Zuwachs der Investitionen im Jahr 2003 geplant," ifo Dresden berichtet, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 10(02), pages 29-36, June.
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    Cited by:

    1. Annette Weichselberger, 2003. "Western German manufacturing: Following noticeable decline an increase of 2% is planned for 2003," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 56(14), pages 29-34, July.
    2. Peter Jäckel, 2004. "Manufacturing in eastern Germany: clear increase in investments planned," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 57(13), pages 17-21, July.

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    More about this item

    JEL classification:

    • L60 - Industrial Organization - - Industry Studies: Manufacturing - - - General
    • O10 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - General

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