Institutional Change in Old Industrial Areas – Lessons for ... - UMAR

Table 3.12 Industrial Productivity
Productivity
Industry
NPV / Employee
in 1.000 ATS 1983 1990 1994
Bruck/Mur 330,5 514,8 702,6
Judenberg 298,5 644,8 631,8
Knittelfeld 272,5 494,5 493,0
Leoben 409,2 607,1 863,9
Liezen 435,0 491,5 536,1
Mürzzuschlag 285,6 703,5 676,2
Upper Styria 338,6 576,0 650,6
Styria 343,3 528,3 665,5
Austria 397,8 588,0 725,6
Source: ÖSTAT; WIFO.
3.2.3.2 Firm Formation
A valuable indicator for a region’s economic progress is the intensity of firm
foundations in the region. Since newly issued trade licences are not necessarily
newly founded enterprises, these granted licences have been analysed in more
detail by the Austrian Chamber of Commerce for the first time in 1999. Since every
single enterprise has to be an obligatory member of the Chamber of Commerce, the
latter disposes of a wide pool of data. According to the Chamber, enterprises are
regarded as newly founded, if two of three firm’s characteristic changes:
• Title of firm,
• Location,
• Branch or industry.
New membership data was also analysed according to the declaration of business,
i.e. if the new firm was declared as main business rather than branch or subsidiary.
Only main businesses were regarded as newly founded enterprise and included in
the statistics. The data available includes the period between 1993 and 1998 for
each political district.
30