Austrian Economic Quarterly

The "Austrian Economic Quarterly", followed by the "WIFO Bulletin" as of January 2014, published English articles on these topics:

  • European economic integration,
  • Economic cooperation with Eastern European countries,
  • International competitiveness policies,
  • Economic outlooks in an international perspective.

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Werner Hölzl, Thomas Leoni
Unit Labour Cost Position in the Production of Goods Stable in 2012 despite Economic Slump
Austrian Economic Quarterly, 2013, 18(3), pp.177-187
Online since: 26.11.2013 0:00
In 2012, the recession shaped the development of unit labour costs in Austria. Labour costs in the manufacturing of goods increased by 3.2 percent, while labour productivity developed very weakly (+0.1 percent). This represents a rise in unit labour costs of about 3 percent. However, Austria's international competitiveness compared to the average of all trading partners, as well as to Germany, improved slightly in 2012 because productivity developed even less favourably among the trading partners.
Keywords:Unit labour cost Production of goods Austria
Research group:Industrial Economics, Innovation and International Competition – Labour Market, Income and Social Security
Language:English

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