Wettbewerbsfähigkeit der Industrie und Energiepreise

Hölzl Werner and Streicher Gerhard
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Hölzl Werner: WIFO, Wien, Sweden
Streicher Gerhard: WIFO, Wien, Sweden

Wirtschaftspolitische Blätter, 2024, vol. 2024, issue 1, 40-47

Abstract: 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.

JEL-codes: D22 E17 L60 Q43 (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:vrs:wipobl:v:2024:y:2024:i:1:p:40-47:n:1009

DOI: 10.2478/wpbl-2024-0009

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