Analysis of the Macroeconomic Effects of Different Scenarios on the Basis of Long-Term Gas Supply Contracts

The aim of the project is to analyse the macroeconomic effects of different scenarios based on Austria's long-term gas supply contracts with Russia. The macroeconomic effects of the individual scenarios are modelled with the WIFO model ADAGIO (A DynAmic Global Input Output Model) and include value added and employment effects at sectoral level as well as the effects on the development of gross domestic product. The conclusions focus on a comparison of the economic effects of the different scenarios for Austria.