Filter

Annual Report on European SMEs 2018/2019

The annual report shows the size, structure and importance of SMEs for the European economy and provides an overview of the past and projected development of SMEs since 2008. This year’s edition focuses on the performance of SMEs in the fields of research, development and innovation (R&I).SMEs are the backbone of the EU-28 economy. In 2018 there were just over 25 million SMEs, representing 99.8 % of all enterprises in the EU-28 non-financial business sector. The value-added of these enterprises was 56.4 %, and the employment share 66.6 %.

Tourism as an economic factor in NRW

DIW Econ has for the second time comprehensively examined the importance of the tourism industry in North Rhine-Westphalia based on internationally comparable calculation standards in cooperation with the Institute for Management and Tourism (IMT) at the West Coast University of Applied Sciences and dwif-Consulting.

The central results confirm the growing importance of the tourism industry for NRW. Compared to the study published in 2013, tourism consumption in 2017 showed a nominal growth of 11.6 per cent.

The buyer principle when buying and selling residential property – An economic analysis

The introduction of a nationwide buyer principle for the purchase of residential property is currently being discussed (draft law BMJV, 2019). In the future, the clients of the estate agents – mainly the sellers – would pay for the agent’s commission, so that the ancillary acquisition costs for buyers should decrease.

Whether this can be achieved with the buyer principle depends to a large extent on the probability of the sellers passing on the brokerage costs to the purchase prices. This study, commissioned by leading brokerage firms, therefore examines the potential effects of introducing the buyer-principle on a scientific and empirical basis.