IDEAS home Printed from https://ideas.repec.org/p/zbw/esrepo/263311.html
   My bibliography  Save this paper

Wachstumsmonitor - Ausgabe 2 (2021). Eine mehrdimensionale Darstellung der Wachstumsentwicklung der liechtensteinischen Volkswirtschaft

Author

Listed:
  • Brunhart, Andreas
  • Geiger, Martin

Abstract

Der vorliegende Wachstumsmonitor bündelt 71 Indikatoren, welche die langfristige Wachstumsentwicklung der liechtensteinischen Volkswirtschaft aus verschiedenen Blickwinkeln abbilden. Im Vergleich zur letzten Ausgabe des Wachstumsmonitors, in dem eine insgesamt positive Wachstumsentwicklung festgestellt werden konnte, hat sich diese gegenwärtig eingetrübt. Nach starken Wachstumsjahren Mitte der 2010er-Jahre ging das aggregierte Wirtschaftswachstum in den letzten Jahren, also schon bereits vor dem coronabedingten Einbruch 2020, wieder etwas zurück. Darüber hinaus stellt die Corona-Krise die Wirtschaftsentwicklung weltweit vor Herausforderungen, auch wenn ihre Auswirkungen bezüglich Wachstumstendenzen in den verfügbaren Daten noch nicht umfassend reflektiert sind. Auch im Kontext der langfristigen externen Nachfrage und des monetären Umfelds, das durch fehlenden geldpolitischen Spielraum geprägt ist, können Risiken festgestellt werden. Neben diesen makroökonomischen Herausforderungen bestehen Risiken in Hinblick auf die Nachhaltigkeit des Wirtschaftens in Liechtenstein. Trotz zahlreicher Willensbekundungen, schonender mit natürlichen Ressourcen umzugehen und die Nachhaltigkeit des Wirtschaftswachstums sicherzustellen, kann in den letzten Jahren keine Trendumkehr beobachten werden. Das hohe Wohlstandsniveau in Liechtenstein geht gegenwärtig mit erheblichen Kosten für die Umwelt und Unsicherheiten für die langfristige Tragfähigkeit einher.

Suggested Citation

  • Brunhart, Andreas & Geiger, Martin, 2021. "Wachstumsmonitor - Ausgabe 2 (2021). Eine mehrdimensionale Darstellung der Wachstumsentwicklung der liechtensteinischen Volkswirtschaft," EconStor Research Reports 263311, ZBW - Leibniz Information Centre for Economics.
    • Handle: RePEc:zbw:esrepo:263311
    as

    Download full text from publisher

    File URL: https://www.econstor.eu/bitstream/10419/263311/1/Wachstumsmonitor_Ausgabe_2_2021.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Robert M. Solow, 1956. "A Contribution to the Theory of Economic Growth," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 70(1), pages 65-94.
    2. Brunhart, Andreas, 2020. "COVID-19 und die liechtensteinische Volkswirtschaft: Eine erste Jahresbilanz 2020," EconStor Research Reports 227466, ZBW - Leibniz Information Centre for Economics.
    3. Fischer, Stanley, 1993. "The role of macroeconomic factors in growth," Journal of Monetary Economics, Elsevier, vol. 32(3), pages 485-512, December.
    4. N. Gregory Mankiw & David Romer & David N. Weil, 1992. "A Contribution to the Empirics of Economic Growth," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 107(2), pages 407-437.
    5. William D. Nordhaus, 1992. "The 'DICE' Model: Background and Structure of a Dynamic Integrated Climate-Economy Model of the Economics of Global Warming," Cowles Foundation Discussion Papers 1009, Cowles Foundation for Research in Economics, Yale University.
    6. Bruno Frey & Claudia Marti, 2010. "Glück — Die Sicht der Ökonomie," Wirtschaftsdienst, Springer;ZBW - Leibniz Information Centre for Economics, vol. 90(7), pages 458-463, July.
    7. Romer, Paul M, 1990. "Endogenous Technological Change," Journal of Political Economy, University of Chicago Press, vol. 98(5), pages 71-102, October.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Brunhart, Andreas & Geiger, Martin & Hasler, Elias & Lehmann, Johannes, 2020. "Wachstumsmonitor 2020. Eine mehrdimensionale Darstellung der Wachstumsentwicklung der liechtensteinischen Volkswirtschaft," EconStor Research Reports 230685, ZBW - Leibniz Information Centre for Economics.
    2. Brunhart, Andreas & Geiger, Martin & Hasler, Lukas, 2022. "Wachstumsmonitor – Ausgabe 3 (2022). Eine mehrdimensionale Darstellung der Wachstumsentwicklung der liechtensteinischen Volkswirtschaft," EconStor Research Reports 268766, ZBW - Leibniz Information Centre for Economics.
    3. Petreski, Marjan, 2009. "Analysis of exchange-rate regime effect on growth: theoretical channels and empirical evidence with panel data," Economics Discussion Papers 2009-49, Kiel Institute for the World Economy (IfW Kiel).
    4. Stefania Villa, 2005. "Determinants of growth in Italy. A time series analysis," Quaderni DSEMS 24-2005, Dipartimento di Scienze Economiche, Matematiche e Statistiche, Universita' di Foggia.
    5. Gries, T. & Grundmann, R. & Palnau, I. & Redlin, M., 2015. "Does technological change drive inclusive industrialization? : A review of major concepts and findings," MERIT Working Papers 2015-044, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
    6. Zaiter Lahimer, Mahjouba, 2011. "L’impact des entrées de capitaux privés sur la croissance économique dans les pays en développement," Economics Thesis from University Paris Dauphine, Paris Dauphine University, number 123456789/7670 edited by Sterdyniak, Henri.
    7. Selim, Tarek, 1999. "Testing the Structural Empirical Dynamics of the Economic Growth Path of Egypt, 1950-1997," MPRA Paper 119272, University Library of Munich, Germany.
    8. van de Klundert, T.C.M.J. & Smulders, J.A., 1991. "Reconstructing growth theory : A survey," Other publications TiSEM 19355c51-17eb-4d5d-aa66-b, Tilburg University, School of Economics and Management.
    9. Tung Liu & Kui-Wai Li, 2008. "Revisiting Solow’s Decomposition of Economic and Productivity Growth," Working Papers 200805, Ball State University, Department of Economics, revised Dec 2008.
    10. Sodiq Arogundade & Mduduzi Biyase & Hinaunye Eita, 2021. "Foreign Direct Investment and Inclusive Human Development in Sub-Saharan African Countries:Does local Economic Conditions Matter?," Economic Development and Well-being Research Group Working Paper Series edwrg-01-2021, University of Johannesburg, College of Business and Economics, revised 2021.
    11. Baharumshah, Ahmad Zubaidi & Slesman, Ly & Wohar, Mark E., 2016. "Inflation, inflation uncertainty, and economic growth in emerging and developing countries: Panel data evidence," Economic Systems, Elsevier, vol. 40(4), pages 638-657.
    12. Olusanya, Oluwakorede, 2016. "Causality between Human Resource Development and the Nigerian Economic Performance," MPRA Paper 100854, University Library of Munich, Germany.
    13. B. Bhaskara Rao & Arusha Cooray, 2012. "How useful is growth literature for policies in the developing countries?," Applied Economics, Taylor & Francis Journals, vol. 44(6), pages 671-681, February.
    14. Liu, Tung & Li, Kui-Wai, 2006. "Disparity in factor contributions between coastal and inner provinces in post-reform China," China Economic Review, Elsevier, vol. 17(4), pages 449-470.
    15. Simplice A. Asongu & Voxi Amavilah & Antonio R. Andrés, 2014. "Economic Implications of Business Dynamics for KE-Associated Economic Growth and Inclusive Development in African Countries," Research Africa Network Working Papers 14/023, Research Africa Network (RAN).
    16. Robert M. Solow, 2000. "La teoria neoclassica della crescita e della distribuzione," Moneta e Credito, Economia civile, vol. 53(210), pages 149-185.
    17. Martinez-Vazquez, Jorge & McNab, Robert M., 2003. "Fiscal Decentralization and Economic Growth," World Development, Elsevier, vol. 31(9), pages 1597-1616, September.
    18. Rogers, Mark Llewellyn, 2008. "Directly unproductive schooling: How country characteristics affect the impact of schooling on growth," European Economic Review, Elsevier, vol. 52(2), pages 356-385, February.
    19. Måns Söderbom & Francis Teal, 2003. "Openness and human capital as sources of productivity growth: An empirical investigation," CSAE Working Paper Series 2003-06, Centre for the Study of African Economies, University of Oxford.
    20. repec:eur:ejesjr:364 is not listed on IDEAS
    21. Michael S. Delgado & Daniel J. Henderson & Christopher F. Parmeter, 2014. "Does Education Matter for Economic Growth?," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 76(3), pages 334-359, June.

    More about this item

    Keywords

    Liechtenstein; Volkswirtschaft; Wirtschaftswachstum;
    All these keywords.

    NEP fields

    This paper has been announced in the following NEP Reports:

    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:zbw:esrepo:263311. See general information about how to correct material in RePEc.

    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.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with 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.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: ZBW - Leibniz Information Centre for Economics (email available below). General contact details of provider: https://edirc.repec.org/data/zbwkide.html .

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

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.