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Structure and dynamics of the Liechtenstein economy

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  • Kersten Kellermann
  • Carsten-Henning Schlag

Abstract

Kersten Kellermann and Carsten-Henning Schlag, University of Fribourg (Switzerland) and Liechtenstein Economic Institute (KOFL) analyse the structure and dynamics of the Liechtenstein economy by using different indicators. They show that the producer sector still makes an important contribution to employment and value added in the principality of Liechtenstein. In contrast, the international public tends to see Liechtenstein as primarily a financial centre. In an international comparison, the principality displays a high per-capita economy strength. The increase in employment and in particular the growth in the number of commuters is the actual source of economic growth in Liechtenstein in the period 2000 to 2006.

Suggested Citation

  • Kersten Kellermann & Carsten-Henning Schlag, 2008. "Structure and dynamics of the Liechtenstein economy," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 61(11), pages 41-46, June.
    • Handle: RePEc:ces:ifosdt:v:61:y:2008:i:11:p:41-46
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    File URL: https://www.ifo.de/DocDL/ifosd_2008_11_5.pdf
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    References listed on IDEAS

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    1. Gordon, Robert J. & Dew-Becker, Ian, 2008. "The Role of Labour Market Changes in the Slowdown of European Productivity Growth," CEPR Discussion Papers 6722, C.E.P.R. Discussion Papers.
    2. Barro, Robert J, 1999. "Notes on Growth Accounting," Journal of Economic Growth, Springer, vol. 4(2), pages 119-137, June.
    3. Harvey W. Armstrong & Robert Read, 2002. "The phantom of liberty?: economic growth and the vulnerability of small states," Journal of International Development, John Wiley & Sons, Ltd., vol. 14(4), pages 435-458.
    4. Kellermann, Kersten & Schlag, Carsten-Henning, 2008. "Struktur und Dynamik der Kleinstvolkswirtschaft Liechtenstein," KOFL Working Papers 5, Konjunkturforschungsstelle Liechtenstein (KOFL), Vaduz.
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    Cited by:

    1. Andreas Brunhart, 2013. "Der Klein(st)staat Liechtenstein und seine grossen Nachbarländer: Eine wachstums- und konjunkturanalytische Gegenüberstellung," Arbeitspapiere 44, Liechtenstein-Institut.
    2. Kellermann, Kersten & Schlag, Carsten-Henning, 2008. "Auswirkungen der Finanzmarktkrise auf die Realwirtschaft: Eine Bestandsaufnahme für Liechtenstein im Herbst 2008," KOFL Economic Focus 3, Konjunkturforschungsstelle Liechtenstein (KOFL), Vaduz.
    3. Kellermann, Kersten & Schlag, Carsten-Henning, 2012. "Ausländerbeschäftigung in Liechtenstein: Fluch oder Segen?," KOFL Working Papers 12, Konjunkturforschungsstelle Liechtenstein (KOFL), Vaduz.

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    More about this item

    JEL classification:

    • O50 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - General

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