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ifo Konjunkturprognose Sommer 2020: Deutsche Wirtschaft – es geht wieder aufwärts

Author

Listed:
  • Timo Wollmershäuser
  • Marcell Göttert
  • Christian Grimme
  • Carla Krolage
  • Stefan Lautenbacher
  • Robert Lehmann
  • Sebastian Link
  • Ann-Christin Rathje
  • Magnus Reif
  • Anna Pauliina Sandqvist
  • Stefan Sauer
  • Marc Stöckli
  • Anna Wolf

Abstract

Die Corona-Pandemie und die Maßnahmen zur Eindämmung haben die deutsche Wirtschaft in die mit Ab-stand tiefste Rezession ihrer Nachkriegsgeschichte gestürzt. Das Bruttoinlandsprodukt dürfte nach einem Rückgang im ersten Vierteljahr 2020 in Höhe von 2,2% im zweiten Vierteljahr noch einmal um schätzungsweise 11,9% geschrumpft sein. In Folge der deutlich sinkenden Neuinfektionszahlen wurden die Shutdown-Maßnahmen mittlerweile gelockert oder für manche Wirtschaftsbereiche ganz aufgehoben. Damit gilt als sicher, dass die konjunkturelle Talfahrt gestoppt wurde und die Erholung der wirtschaftlichen Aktivität ein-setzte. Bedingt durch die niedrige Produktion an Waren und Dienstleistungen während des Shutdown fallen die Zuwachsraten mit 6,9% und 3,8% im dritten und vierten Quartal kräftig aus. Dennoch wird die Wirtschaftsleistung im Durchschnitt dieses Jahres voraussichtlich um 6,7% niedriger sein als im Jahr 2019. Im kommenden Jahr setzt sich die Erholung fort. Im Jahresdurchschnitt dürfte das Bruttoinlandsprodukt um 6,4% wachsen. Die vorliegende Prognose basiert auf einer Reihe von Annahmen über den weiteren Verlauf der Pandemie sowie über das Tempo und die Dauer der konjunkturellen Erholung in Deutschland.

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  • Timo Wollmershäuser & Marcell Göttert & Christian Grimme & Carla Krolage & Stefan Lautenbacher & Robert Lehmann & Sebastian Link & Ann-Christin Rathje & Magnus Reif & Anna Pauliina Sandqvist & Stefan , 2020. "ifo Konjunkturprognose Sommer 2020: Deutsche Wirtschaft – es geht wieder aufwärts," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 73(Sonderaus), pages 3-58, July.
  • Handle: RePEc:ces:ifosdt:v:73:y:2020:i:sonderausgabe:p:3-58
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    References listed on IDEAS

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    1. Timo Wollmershäuser & Florian Eckert & Marcell Göttert & Christian Grimme & Carla Krolage & Stefan Lautenbacher & Robert Lehmann & Sebastian Link & Heiner Mikosch & Stefan Neuwirth & Wolfgang Nierhaus, 2019. "ifo Konjunkturprognose Winter 2019: Deutsche Konjunktur stabilisiert sich," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 72(24), pages 27-89, December.
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    Cited by:

    1. Victoria Baudisch & Matthias Neuenkirch, 2023. "Costly, but (Relatively) Ineffective? An Assessment of Germany’s Temporary VAT Rate Reduction During the Covid-19 Pandemic," Research Papers in Economics 2023-04, University of Trier, Department of Economics.
    2. Timo Wollmershäuser & Marcell Göttert & Christian Grimme & Stefan Lautenbacher & Robert Lehmann & Sebastian Link & Manuel Menkhoff & Sascha Möhrle & Ann-Christin Rathje & Magnus Reif & Pauliina Sandqv, 2020. "ifo Economic Forecast Winter 2020: The Coronavirus Strikes Back – Another Lockdown Slows the Economy for a Second Time," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 73(Sonderaus), pages 03-61, December.
    3. Marcell Göttert, 2020. "Coronavirus Aid Measures Reduce Tax Revenue: On the Results of the Tax Estimate of September 2020," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 73(10), pages 53-57, October.
    4. Wohlrabe, Klaus & Rathje, Ann-Christin & Rumscheidt, Sabine & Boumans, Dorine & Hannich, Ute & Heinemann, Friedrich & Birkholz, Carlo & Nover, Justus, 2020. "Die Widerstandsfähigkeit der deutschen Wirtschaft in der Corona-Pandemie: Jahresmonitor der Stiftung Familienunternehmen," Studien, Stiftung Familienunternehmen / Foundation for Family Businesses, number 250011, June.
    5. Florian Dorn & Sahamoddin Khailaie & Marc Stoeckli & Sebastian C. Binder & Tanmay Mitra & Berit Lange & Stefan Lautenbacher & Andreas Peichl & Patrizio Vanella & Timo Wollmershäuser & Clemens Fuest & , 2023. "The common interests of health protection and the economy: evidence from scenario calculations of COVID-19 containment policies," The European Journal of Health Economics, Springer;Deutsche Gesellschaft für Gesundheitsökonomie (DGGÖ), vol. 24(1), pages 67-74, February.
    6. Simon Litsche, 2020. "Sectors in Focus: Electronics Industry," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 73(07), pages 83-88, July.
    7. Katrin Demmelhuber & Stefan Sauer & Klaus Wohlrabe, 2020. "Sectors in Focus: Automotive Retail," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 73(08), pages 67-69, August.
    8. Clemens Fuest & Florian Neumeier & Andreas Peichl, 2021. "Hat die Mehrwertsteuersenkung den Konsum belebt?," ifo Schnelldienst Digital, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 2(1), January.
    9. Sebastian Link & Sauer Stefan, 2020. "Short-Time Work Declining, but Still at a High Level," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 73(08), pages 64-66, August.
    10. Lars P. Feld & Martin Beznoska & Oliver Holtemöller & Hans-Peter Burghof & Ulrike Neyer & Clemens Fuest & Friedrich Heinemann & Thomas König, 2020. "Record Debts to Combat Covid-19 Consequences – What Can the State Afford?," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 73(08), pages 03-32, August.
    11. Florian Dorn & Clemens Fuest & Florian Neumeier, 2020. "After the Big Slump: A Stimulus Package to Support and Recover the Economy," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 73(07), pages 03-12, July.
    12. Scholl, Christoph, 2022. "COVID-19 and the GDP fall in Germany: A Business Cycle Accounting Approach," MPRA Paper 111570, University Library of Munich, Germany.
    13. Sebastian Link & Stefan Sauer, 2020. "Short-time Working Rises to Historic High in Coronavirus Crisis," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 73(07), pages 63-67, July.
    14. Stefan Sauer & Klaus Wohlrabe, 2020. "Kreditverhandlungen und Liquidität von Unternehmen während der Corona-Pandemie," ifo Schnelldienst Digital, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 1(10), July.

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    More about this item

    Keywords

    Konjunktur; Internationale Konjunktur; Internationale Wirtschaft; Wirtschaftsprognose; Deutschland; EU-Staaten; Welt; Konjunkturprognose;
    All these keywords.

    JEL classification:

    • F01 - International Economics - - General - - - Global Outlook
    • O10 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - General

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