Ostdeutsche Bauunternehmen im Schnitt mit schmalen Gewinnen
AbstractThe article is concerned with the cost and revenue situation in East and West German construction firms from the early 90´s onwards. As a result of the construction boom the East German firms could reduce the unit labour costs in the middle of the nineties under the corresponding western level. However, in the second half of the nineties they lost their advantage due to extremely decreasing productivity and rising unit labour costs. Nonetheless, on the average they earned profits, but in the observed last two years 2001 and 2002 the rate of return in the East remains smaller than in the West.
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Bibliographic InfoArticle provided by Halle Institute for Economic Research in its journal Wirtschaft im Wandel.
Volume (Year): 10 (2004)
Issue (Month): 14 ()
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