Wettbewerbsfähigkeit der Industrie und Energiepreise
The rise in energy prices in 2021/22 put the competitiveness of Austrian manufacturing industry to the test. Model-based simulations and an enterprise survey were carried out to analyze the medium-term effects of high energy prices. The results show that the cost disadvantages in international compe...
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| Veröffentlicht in: | Wirtschaftspolitische Blätter 2024-10, Vol.2024 (1), p.40-47 |
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| Hauptverfasser: | , |
| Format: | Artikel |
| Sprache: | eng |
| Schlagworte: | |
| Online-Zugang: | Volltext |
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| Zusammenfassung: | The rise in energy prices in 2021/22 put the competitiveness of Austrian manufacturing industry to the test. Model-based simulations and an enterprise survey were carried out to analyze the medium-term effects of high energy prices. The results show that the cost disadvantages in international competition induced by energy price increases will lead to a decline in industrial production and employment in the medium term and increase the risk of relocation of energy-intensive production. |
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| ISSN: | 1605-8704 1605-8704 |
| DOI: | 10.2478/wpbl-2024-0009 |