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Drei Phasen des Potentialwachstums in Liechtenstein

Author

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  • Brunhart, Andreas
  • Kellermann, Kersten
  • Schlag, Carsten-Henning

Abstract

Das Produktionspotential der Liechtensteiner Volkswirtschaft hat sich in den vergangenen 60 Jahren im internationalen Vergleich ausserordentlich dynamisch entwickelt. Die Beschäftigung zeigt sich dabei als wichtigster Wachstumstreiber. Die expansive Entwicklung blieb jedoch nicht ungebrochen. Insbesondere zum Ende der 1990er Jahre ist eine merkliche Verlangsamung des Potentialwachstums zu beobachten. Ursächlich hierfür ist vor allem die rückläufige Dynamik der Arbeitsproduktivität. Über den gesamten Untersuchungszeitraum lassen sich am Standort Liechtenstein drei Phasen des Potentialwachstums unterscheiden. Methodisch wird in der vorliegenden Untersuchung das Produktionspotential als statis-tische Trendkomponente des Bruttoinlandprodukts interpretiert.

Suggested Citation

  • Brunhart, Andreas & Kellermann, Kersten & Schlag, Carsten-Henning, 2012. "Drei Phasen des Potentialwachstums in Liechtenstein," KOFL Working Papers 11, Konjunkturforschungsstelle Liechtenstein (KOFL), Vaduz.
    • Handle: RePEc:zbw:koflwp:11
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    References listed on IDEAS

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    Cited by:

    1. Brunhart, Andreas, 2012. "Liechtensteins neuere Wirtschaftshistorie: Erste Einsichten und Interpretationen der neu geschätzten Zeitreihen," KOFL Economic Focus 5, Konjunkturforschungsstelle Liechtenstein (KOFL), Vaduz.
    2. Andreas Brunhart, 2014. "Stock Market's Reactions to Revelation of Tax Evasion: An Empirical Assessment," Swiss Journal of Economics and Statistics (SJES), Swiss Society of Economics and Statistics (SSES), vol. 150(III), pages 161-190, September.
    3. Kellermann, Kersten & Schlag, Carsten-Henning, 2012. "Small, Smart, Special: Der Mikrostaat Liechtenstein und sein Budget," KOFL Working Papers 13, Konjunkturforschungsstelle Liechtenstein (KOFL), Vaduz.
    4. Andreas Brunhart, 2013. "Der Klein(st)staat Liechtenstein und seine grossen Nachbarländer: Eine wachstums- und konjunkturanalytische Gegenüberstellung," Arbeitspapiere 44, Liechtenstein-Institut.
    5. Brunhart, Andreas, 2012. "Identification of Liechtenstein's Historic Economic Growth and Business Cycles by Econometric Extensions of Data Series," MPRA Paper 44628, University Library of Munich, Germany.
    6. Kellermann, Kersten & Schlag, Carsten-Henning, 2012. "Hochschulen im Zentrum der Wachstumspolitik: Von der europäischen zur liechtensteinischen Perspektive," KOFL Studien, Konjunkturforschungsstelle Liechtenstein (KOFL), Vaduz, volume 8, number 8.
    7. Brunhart, Andreas, 2012. "Liechtensteins neuere Wirtschaftshistorie: Ergebnisse der ökonometrischen Verlängerung ökonomischer Zeitreihen," KOFL Economic Focus 4, Konjunkturforschungsstelle Liechtenstein (KOFL), Vaduz.
    8. Kellermann, Kersten & Schlag, Carsten-Henning, 2012. "Ausländerbeschäftigung in Liechtenstein: Fluch oder Segen?," KOFL Working Papers 12, Konjunkturforschungsstelle Liechtenstein (KOFL), Vaduz.

    More about this item

    Keywords

    Potentialwachstum; Arbeitsproduktivität; Hodrick-Prescott-Filter; Liechtenstein; Mikrostaat; Kleinstvolkswirtschaft; Schweiz;

    JEL classification:

    • E01 - Macroeconomics and Monetary Economics - - General - - - Measurement and Data on National Income and Product Accounts and Wealth; Environmental Accounts
    • N10 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations - - - General, International, or Comparative
    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
    • O52 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Europe
    • C1 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General

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