Research
Training regulations | Business related service providers | Business Cycle

The economic situation in the business-related services sector gained further momentum in the first quarter of 1998. The assessments of the situation regarding turnover, demand and employment improved not only compared to the same quarter a year ago but also compared to the previous quarter. The overall economic conditions for a continued upswing in the business-related services sector are evaluated positively.

Research
Architects | Business related service providers | Business Cycle | Variations in demand

Architects and technical planners will be facing difficult times. The economic situation has further deteriorated markedly during the winter quarter of 1997. When compared to the same quarter a year ago as well as to the previous quarter, almost all economic indicators deteriorated dramatically. These results are the findings of a representative study carried out by the Centre for European Economic Research (ZEW) in collaboration with the "Verband der Vereine CREDITREFORM" in Neuss. Since June 1994, ZEW and CREDITREFORM have quarterly surveyed 1000 firms from the business-related services sector, which also include 225 architects and technical planners.

Research
Tax burden | Enterprise | Corporate taxation

Germany as an investment location is unattractive for businesses. Especially the business taxation is far too high in international comparison. Over the past few years, statements such as these were heard over and over again. And in fact, a look at the current tax burden of companies located in Germany, France and Switzerland, respectively, points to a bleak situation. Particularly due to the high corporation tax plus solidarity surcharge – being about 11% higher than in France and about 26% higher than in Switzerland – Germany clearly appears to be the location with the highest tax burden. With a rate of 51.5 %, a similar French company is significantly less exposed to tax. And Switzerland proves to be particularly attractive with their tax burden of merely 32.8 %.

Research
DAX | ZEW Indicator of Economic Sentiment

It must be jinxed. As soon as the DAX reaches a new high, the sentiment among the 350 financial experts from banks, insurance and industrial companies surveyed monthly by the Centre for European Economic Research (ZEW) starts to cool down. However, despite this mood shift, a narrow majority of the surveyed financial experts continue to believe that a price correction is not to be expected.

Conferences
ZEW | ZEW-Symposium | Director of Science and Research

Environment, innovation and employment: Professor Dr. Dr. h.c. Heinz König, who recently celebrated his 70th birthday, got a very special present from the Centre for European Economic Research (ZEW). The Mannheim-based economic research institute organised a symposium in which economic research results on topical questions were presented.

Research
Business related service providers | Business Cycle

Marginal employment not very popular: the economic upswing in the business-related services sector slightly slowed down in the fourth quarter of 1997. On the whole, the economic situation is still evaluated positively, even though the economic engine shifted down a gear at the end of 1997. 610-DM jobs – increased to 620 DM since the beginning of 1998 – as a possibility to adapt to cyclical and seasonal fluctuations play a rather subordinate role in business-related services. As a general rule, however, it can be said that the more a business is subject to fluctuations in demand, the greater is the significance of employment which is free of social insurance contributions for that business.

Contact

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