IDEAS home Printed from https://ideas.repec.org/a/diw/diwwob/77-47-1.html
   My bibliography  Save this article

Konjunkturprogramme: Stabilisierung der Bauwirtschaft gelungen, befürchtete Einbrüche bleiben aus

Author

Listed:
  • Martin Gornig
  • Hendrik Hagedorn

Abstract

Die große Koalition hat Ende 2008 und Anfang 2009 zwei große Konjunkturpakete auf den Weg gebracht. Sie sollten insbesondere durch Stimulierung der Bauwirtschaft den Einbrüchen in der Industrie entgegenwirken. Zunächst waren ihre expansiven Impulse gering. Erst 2010 entfalteten die Konjunkturprogramme in der Bauwirtschaft ihre volle Wirkung. Ein Teil der Wachstumsimpulse im öffentlichen Bau hat zu Preissteigerungen geführt. Dennoch dürfte das Bauvolumen insgesamt real um zwei Prozent wachsen. Ein Einbruch im öffentlichen Bau ist im nächsten Jahr eher nicht zu befürchten, denn ein großer Teil der Fördermittel ist erst 2011 produktionswirksam. Für den Wirtschaft- und Wohnungsbau haben sich die konjunkturellen Rahmendaten zudem spürbar verbessert. Insgesamt rechnen wir daher 2011 mit einen - wenngleich bescheidenen - realen Wachstum von einem halben Prozent. Wesentlich profitiert von den staatlichen Wachstumsimpulsen hat in beiden Jahren das Ausbaugewerbe. Im Bauhauptgewerbe hingegen dürfte die reale Produktion 2010 und 2011 rückläufig sein.

Suggested Citation

  • Martin Gornig & Hendrik Hagedorn, 2010. "Konjunkturprogramme: Stabilisierung der Bauwirtschaft gelungen, befürchtete Einbrüche bleiben aus," DIW Wochenbericht, DIW Berlin, German Institute for Economic Research, vol. 77(47), pages 2-11.
  • Handle: RePEc:diw:diwwob:77-47-1
    as

    Download full text from publisher

    File URL: http://www.diw.de/documents/publikationen/73/diw_01.c.363921.de/10-47-1.pdf
    Download Restriction: no

    References listed on IDEAS

    as
    1. Harald Hau, 2006. "The Role of Transaction Costs for Financial Volatility: Evidence from the Paris Bourse," Journal of the European Economic Association, MIT Press, vol. 4(4), pages 862-890, June.
    2. Atkins, Allen B & Dyl, Edward A, 1997. " Transactions Costs and Holding Periods for Common Stocks," Journal of Finance, American Finance Association, vol. 52(1), pages 309-325, March.
    3. Jones, Charles M & Seguin, Paul J, 1997. "Transaction Costs and Price Volatility: Evidence from Commission Deregulation," American Economic Review, American Economic Association, vol. 87(4), pages 728-737, September.
    4. Lukas Menkhoff & Mark P. Taylor, 2007. "The Obstinate Passion of Foreign Exchange Professionals: Technical Analysis," Journal of Economic Literature, American Economic Association, pages 936-972.
    5. Carol L. Clark, 2010. "Controlling risk in a lightning-speed trading environment," Chicago Fed Letter, Federal Reserve Bank of Chicago, issue Feb.
    6. Badi Baltagi & Dong Li & Qi Li, 2006. "Transaction tax and stock market behavior: evidence from an emerging market," Empirical Economics, Springer, pages 393-408.
    7. Carol L. Clark, 2010. "Controlling risk in a lightning-speed trading environment," Policy Discussion Paper Series PDP-2010-01, Federal Reserve Bank of Chicago.
    8. Gregor Dorfleitner, 2004. "How short-termed is the trading behaviour in Eurex futures markets?," Applied Financial Economics, Taylor & Francis Journals, pages 1269-1279.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Holtemöller, Oliver & Brautzsch, Hans-Ulrich & Drechsel, Katja & Drygalla, Andrej & Giesen, Sebastian & Hennecke, Peter & Kiesel, Konstantin & Loose, Brigitte & Meier, Carsten-Patrick & Zeddies, Götz, 2015. "Ökonomische Wirksamkeit der Konjunktur stützenden finanzpolitischen Maßnahmen der Jahre 2008 und 2009. Forschungsvorhaben im Auftrag des Bundesministeriums der Finanzen," IWH Online 4/2015, Halle Institute for Economic Research (IWH).

    More about this item

    Keywords

    Housing demand; Construction industry; Forecast 2011;

    JEL classification:

    • L74 - Industrial Organization - - Industry Studies: Primary Products and Construction - - - Construction
    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:diw:diwwob:77-47-1. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Bibliothek). General contact details of provider: http://edirc.repec.org/data/diwbede.html .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.