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Entwicklung der deutschen Investitionstätigkeit imeuropäischen Vergleich: Die Rolle von Preis- undMengeneffekten

Author

Listed:
  • Isabel Hanisch
  • Elisabeth Wieland
  • Timo Wollmershäuser

Abstract

Seit der Jahrtausendwende wird in Deutschland die im internationalen Vergleich schwache Investitionsentwicklung beklagt. Allerdings wird in der Diskussion häufig nur die nominale Investitionsquote betrachtet, d.h. der Anteil der nominalen Investitionen am nominalen Bruttoinlandsprodukt. Hierin enthaltene Preis­entwicklungen verdecken jedoch die reale Investitionstätigkeit. Zerlegt man die Veränderungsrate der deutschen Investitionsquote in Preis- und Mengeneffekte und vergleicht sie mit der Entwicklung in den Ländern der Europäischen Union seit 1996, zeigt diese Analyse, dass in Deutschland spätestens seit der Finanzkrise eine vergleichsweise positive Entwicklung stattgefunden hat. Während sich Investitionen in Ausrüstungen und Geistiges Eigentum im Zeitraum 2007–2014 ähnlich wie im Zeitraum 1996–2007 entwickelt haben, ist der Zuwachs bei den Bauinvestitionen zuletzt größer als in den meisten EU-Mitgliedstaaten.

Suggested Citation

  • Isabel Hanisch & Elisabeth Wieland & Timo Wollmershäuser, 2015. "Entwicklung der deutschen Investitionstätigkeit imeuropäischen Vergleich: Die Rolle von Preis- undMengeneffekten," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 68(16), pages 39-50, August.
    • Handle: RePEc:ces:ifosdt:v:68:y:2015:i:16:p:39-50
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    References listed on IDEAS

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    More about this item

    Keywords

    Investition; Anlageinvestition; Immaterielle Werte; Vergleich; Deutschland; EU-Staaten;
    All these keywords.

    JEL classification:

    • L89 - Industrial Organization - - Industry Studies: Services - - - Other
    • L60 - Industrial Organization - - Industry Studies: Manufacturing - - - General

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