Arbeitskosten Oesterreichs im internationalen Vergleich

Peter Hohlfeld

No 02-2007, IMK Studies from IMK at the Hans Boeckler Foundation, Macroeconomic Policy Institute

Abstract: On the basis of current Eurostat data, which facilitate a largely consistent international comparison of labour costs per hour worked, this study presents an in-depth analysis of the level and evolution of Austrian labour costs compared to those of other European countries. In relation to other EU-15 countries Austria shows a medium level of labour costs. Labour costs in industry are at a similar level as those in France, Finland and the UK. This result already takes into account the relatively low costs of Austrian intermediate products. A look at Austria’s unit labour cost – one decisive variable for international competitiveness – shows that except for Germany no other EU-15 country has improved its competitiveness as much as Austria since the middle of the 1990s.

Pages: 44 pages
Date: 2007
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Persistent link: https://EconPapers.repec.org/RePEc:imk:studie:02-2007

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