Germany
In economic terms, the last few years in Germany have been characterized by a slow decline. The study looks at potential areas for more economic activity and possible opportunities. The focus is on three key areas that are central to increasing competitiveness and productivity: innovation, digitalization and education. Without innovation, in particular, it will not be possible to master today’s most pressing social, economic and technological challenges. Very specific factors are identified for which the growth potential is calculated. Tapping into these areas of potential would result in more than 410 billion euros in additional gross domestic product (GDP)
Study commissioned by Meta: What if? An Outline of Economic Potentials for Germany
Overview
The economic potential areas identified in this study are created by estimating the correlation between competitiveness indicators and GDP per capita using elasticities. This quantitative measure is widely used in economics; elasticities are measured in percentage changes, which makes them comparable across different factors with different units of measurement. An elasticity indicates in which direction and by how many percent a factor changes when another factor increases by one percent.
Projects, studies, rankings
Wirtschaftlich waren in Deutschland die letzten Jahre geprägt von einem langsamen Abstieg. Die Studie befasst sich mit Potenzialräumen für mehr…
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