Profitability of chemical industry varies across East Germany
The Article is concerned with the cost and revenue situation in the East German chemical industry since the early 90s. In 2001 the industry managed to undercut the unit labour costs faced by their West German counterparts. Nonetheless, on average, they have not yet reached profitability. A clearly more favourable picture can be observed in the case of the rubber and synthetic material industry. Still, their yield dispersion between small, middle and large sized firms is large and should be taken into account during the forthcoming labour negotiations and while reaching any kind of decision concerning their costs.