Study by: Austrian Institute of Economic Research – Copenhagen Economics – Institute for Economic Research Finland
Commissioned by: European Commission
The objective of the study is to describe the potential effects of some possible corporate tax reforms on economic efficiency,
inequality and tax competition. The study will offer an in-depth descriptive overview of the channels and possible interactions
between them, where relevant. Furthermore, it will explore the main components of potential reforms, each within the Single
Market and at international level: a reallocation of taxing rights across jurisdictions, the implementation of a minimum effective
tax rate, and a harmonisation of tax bases. When quantification is possible, the study will also provide the methodology to
estimate the magnitudes of the various effects of the reforms on economic efficiency, inequality and tax competition, together
with preliminary estimates of the effects. Lastly, the study will didactically describe in detail whether and how the European
Commission's CORTAX model might be further developed to include the potential effects discussed. In case the effects are not
currently included in CORTAX, the study will conductible explain how to integrate them into the model and provide a detailed
description of the methodology to integrate the effects, in the form of reduced-form equations.
Commissioned by: Federal Ministry Digital and Economic Affairs
Diese Studie liefert ein Update zu den 2017 vom WIFO berechneten Handels- und Wohlfahrtseffekten des Brexit für die österreichische
Wirtschaft ("Estimating the Trade and Welfare Effects of Brexit. A Panel Data Structural Gravity Model"). Die Schätzung erfolgt
mit einem strukturellen Gravitationsmodell auf einem disaggregierten Branchenniveau. Die Ergebnisse für unterschiedliche Extremszenarien
("Hard Brexit" und "Soft Brexit") werden mit dem aktuellen Verhandlungsstand im November 2020 verglichen.
Study by: Austrian Institute of Economic Research – German Aerospace Center – ifo Institute – Leibniz Institute for Economic Research at the University of Munich
Commissioned by: Bertelsmann Stiftung Gütersloh
Für die Analyse kleinräumiger Effekte der Struktur- und Kohäsionspolitik der EU werden für ausgewählte Pilotregionen Daten
zu geförderten Projekten in den Programmperioden 2007 bis 2013 und 2014 bis 2020 geförderten Projekten mit Satellitenbildern
verknüpft. Zudem wird eine Regionaldatenbank auf möglichst kleinräumiger Datenbasis erstellt, um die Auswirkungen der EU-Förderpolitik
auf lokaler Ebene umfassend zu analysieren.
Study by: Austrian Institute of Economic Research – German Institute for Economic Research – Hertie School gGmbH
Commissioned by: European Parliament
Die Europäische Zentralbank (EZB) ist in der Durchführung der Geldpolitik unabhängig. Sie ist aber gegenüber dem Ausschuss
für Wirtschaft und Währung des Europäischen Parlamentes rechenschaftspflichtig. Dies geschieht über den "Währungspolitischen
Dialog". Alle drei Monate berichtet der Präsident der EZB oder gelegentlich ein anderes Mitglied des EZB-Direktoriums vor
dem Ausschuss über die Geldpolitik und beantwortet Fragen der Abgeordneten, die zuvor von Experten und Expertinnen informiert
werden. Das WIFO ist Teil eines Konsortiums von Instituten, das dem Ausschuss im Zeitraum 2020/2024 unabhängige Expertenberatung
im Bereich der Geld- und Wirtschaftspolitik zur Verfügung stellt.
Study by: Austrian Institute of Economic Research – Center for Social and Economic Research – Copenhagen Economics – Institut d'Economia de Barcelona – Ifo Munich – PwC EU Services – Institute for Economic Research Finland
Within this framework contract with the European Commisssion DG TAXUD specific economic studies in the area of taxation will
be commissioned. WIFO has the lead of a consortium which consists of CASE (Poland), Copenhagen Economics (Denmark/International),
IEB (Spain), Ifo (Germany), PwC (Belgium/International) and VATT (Finland).
This project uses the rich historic experience of repeated large-scale and unexpected economic (dis-)integrations at the Austrian-Czech
border to test the predictions of economic geography models of regional development. In particular we analyse the impact of
these dis-integration events on regional development: First, in both Austria and the Czech Republic so that we focus on two
countries which for a substantial part of the period analysed were characterised by rather different political regimes and
huge differences in incomes and costs, that additionally changed over time; second, for a large set of (dis-)integration episodes
that span a period of almost a century so that we compare different (dis-)integration events, that took place at different
points in time at which the considered countries differed substantially in income levels and institutions; third, with respect
to many potential adjustments (such as population and employment and unemployment growth as well as firm entry and exit) that
will inform future research on the mechanisms through which the regional economic effects of integration operate.
Commissioned by: Federal Ministry Digital and Economic Affairs
This project provides the first economic assessment of economic consequences for the Austrian economy of the anticipated MERCOSUR
free trade agreement based on the legislative draft of the agreement published in mid-2019. The focus of the analysis is on
the quantitative impact on employment and value added of the Austrian economy and on consequences for non-trade concerns.
Among the latter are implications for socio-economic aspects like labour rights and potential implications for the environment,
in particular on climate change aspects. The quantitative analysis will cover in more detail the agricultural sector which
is likely to be exposed to a larger extent than other sectors. The purpose of the study is to shed more light on the effect
of this agreement on Austria. The Austrian parliamentary board on EU affairs decided to obstruct any steps towards freer trade
with MERCOSUR countries. This study aims to explore the rationale of this decision and to explore further aspects that may
not yet have been considered.
Supported by: Anniversary Fund of the Oesterreichische Nationalbank
The European Emission Trading System (EU ETS) that covers greenhouse gas emissions from manufacturing and energy supply is
a key instrument of the EU's climate policy. Since the start of the scheme in 2005, the credibility of the EU ETS has, however,
been put into question due to a persistent oversupply of allowances (reflecting the regulators' uncertainty about firms' emission
levels in the first trading period and a drop in emissions following the financial market and economic crisis in the second
trading period). Numerous changes to the design of the EU ETS have been made in order to tackle this issue. The project SAFE
aims at contributing to the research on the functioning and effectiveness of emissions trading schemes. It analyses whether
the EU ETS despite a considerable surplus of allowances and low prices spurred abatement activities of the covered firms and
whether firms have perceived changes in the incentives provided by the scheme over time. Moreover, it analyses how firms engaged
in allowance trading and if their trading behaviour changed since the start of the EU ETS. To answer these questions, a case
study for Austria is conducted in which an analysis of data on allocations, verified emissions and trading flows from the
EUTL is combined with a survey among firms covered by the EU ETS.
Demographic developments taking place in all European countries lead to ageing societies and a decrease of the labour force
and accordingly the labour share in total income. At the same time, the overall progressivity of European tax systems has
been eroded over time. Against this background, options to secure the long-term sufficiency and sustainability of European
tax systems need to be explored. The proposed project aims at modelling the future wealth distribution in five selected EU
member countries to derive inheritances and gifts based on different demographic and wealth projection scenarios. On this
basis, various inheritance and gift tax scenarios will be simulated to estimate potential inheritance and gift revenues for
a projection period of 30 years.