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Private Consumption Becomes Strengthening Support to Growth due to Tax Cuts and Easing Inflation. Medium-term Projections for the Austrian Economy from 2008 to 2012

Author

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  • Josef Baumgartner
  • Serguei Kaniovski
  • Ewald Walterskirchen

    (WIFO)

Abstract

Between 2008 and 2012, real GDP in Austria will grow at an annual average rate of 2.3 percent. From 2010 onwards, the Austrian economy is expected to benefit from tax cuts and an economic recovery in the euro area.

Suggested Citation

  • Josef Baumgartner & Serguei Kaniovski & Ewald Walterskirchen, 2008. "Private Consumption Becomes Strengthening Support to Growth due to Tax Cuts and Easing Inflation. Medium-term Projections for the Austrian Economy from 2008 to 2012," Austrian Economic Quarterly, WIFO, vol. 13(2), pages 73-83, July.
    • Handle: RePEc:wfo:wquart:y:2008:i:2:p:73-83
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    References listed on IDEAS

    as
    1. Markus Marterbauer, 2008. "Internationale Finanzkrise bremst Wirtschaftswachstum. Prognose für 2008 und 2009," WIFO Monatsberichte (monthly reports), WIFO, vol. 81(4), pages 221-235, April.
    2. Stephan Schulmeister, 2008. "Belebung des Wirtschaftswachstums nach Schwächephase. Mittelfristige Prognose der Weltwirtschaft bis 2012," WIFO Monatsberichte (monthly reports), WIFO, vol. 81(5), pages 353-364, May.
    3. Alois Guger & Thomas Leoni, 2007. "Internationale Lohnstückkostenposition 2006 verbessert," WIFO Monatsberichte (monthly reports), WIFO, vol. 80(10), pages 815-824, October.
    4. ., 2009. "The position of firms in 2008," Quarterly selection of articles - Bulletin de la Banque de France, Banque de France, issue 16, pages 53-81, Winter.
    5. Markus Marterbauer, 2008. "Financial Market Crisis Weighing on Economic Growth. Economic Outlook for 2008 and 2009," Austrian Economic Quarterly, WIFO, vol. 13(2), pages 53-64, April.
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