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Ungeahnte Investitionsdynamik im Großhandel

  • Arno Städtler
  • Elke Kronjäger

Nach den Ergebnissen des ifo Investitionstests hat der Großhandel 1990 in Westdeutschland rund 13 Mrd. DM für Investitionen ausgegeben; das waren 14,2% mehr als 1989 (real: +11%). Die Investitionsquote erhöhte sich von 1,3 auf 1,4%; dabei sind die von den Großhandelsunternehmen nicht selbstbilanzierten Anlagenzugänge nicht berücksichtigt. 1991 dürfte der westdeutsche Großhandel seinen Umsatz mit etwa 9% erneut kräftig steigern. Die Investitionspläne deuten allerdings auf ein geradezu sensationelles Wachstum hin: Mit 28% (real 23%) soll sich der Investitionszuwachs gegenüber 1990 verdoppeln. Das würde Ausgaben von 16,6 Mrd. DM bzw. einer Investitionsquote von 1,6% entsprechen. Noch stärker als die selbstbilanzierten Anlagenzugänge sollen die Leasinginvestitionen zunehmen. Wie eine Sonderfrage zeigte, führen die Großhandelsunternehmen zusätzlich beträchtliche Investitionsvorhaben in den neuen Bundesländern durch.

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Article provided by Ifo Institute - Leibniz Institute for Economic Research at the University of Munich in its journal ifo Schnelldienst.

Volume (Year): 44 (1991)
Issue (Month): 23 (October)
Pages: 08-12

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Handle: RePEc:ces:ifosdt:v:44:y:1991:i:23:p:08-12
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