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Leasing caught up in the investment lull Despite losses in new business, gains in market share

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  • Arno Städtler

Abstract

As the latest Ifo Investment Survey of German leasing companies shows, new business also increased in 2001. The engine of growth was again equipment leasing. In 2002, however, the recessive investment trends in Germany and the declining numbers of new car registrations will also affect this industry. According to the current forecast, aggregate investments in 2003 will increase only insignificantly. The Ifo Institute expects a nominal plus of approximately 1%. In light of the changes in taxes and government charges, investor behaviour is very difficult to foresee, however. It is even more difficult to predict the possible effects of the planned leasing tax on investment and leasing business. Without this measure, equipment leasing in 2003 could increase by around 3% to 5%, which would mean an increase in market share.

Suggested Citation

  • Arno Städtler, 2002. "Leasing caught up in the investment lull Despite losses in new business, gains in market share," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 55(22), pages 34-42, November.
    • Handle: RePEc:ces:ifosdt:v:55:y:2002:i:22:p:34-42
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    File URL: https://www.ifo.de/DocDL/ifosd_2002_22_5.pdf
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    References listed on IDEAS

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    1. Annette Weichselberger, 2009. "Western German Manufacturing: slight increase in investment," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 62(24), pages 78-82, December.
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    1. Joachim Gürtler & Arno Städtler, 2012. "Investments in the Wake of the Financial Crisis – Equipment Leasing Continues to See Above-Average Growth," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 65(19), pages 47-50, October.

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    JEL classification:

    • L89 - Industrial Organization - - Industry Studies: Services - - - Other

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