{"id":114726,"date":"2024-01-22T19:01:22","date_gmt":"2024-01-22T18:01:22","guid":{"rendered":"https:\/\/www.wifo.ac.at\/publication\/114726\/"},"modified":"2024-11-07T04:24:17","modified_gmt":"2024-11-07T03:24:17","slug":"austrias-international-unit-labour-cost-position-heavily-influenced-by-economic-crisis-in-2009","status":"publish","type":"publication","link":"https:\/\/www.wifo.ac.at\/en\/publication\/114726\/","title":{"rendered":"Austria's International Unit Labour Cost Position Heavily Influenced by Economic Crisis in 2009"},"content":{"rendered":"","protected":false},"featured_media":0,"template":"","class_list":["post-114726","publication","type-publication","status-publish","hentry"],"acf":{"subtitle":"","text":"In 2009 the economic crisis had a significant impact on the unit labour cost position of Austrian manufacturing. It brought about a decline of per-capita labour productivity, an increase in labour costs and, as a result, a significant increase in unit labour costs. At the same time, the temporary effects of economic policies implemented in response to the economic crisis and the differing extent of the decline in production and employment on an international scale have limited the explanatory power of unit labour costs as a current indicator of international cost competitiveness.","onlinedate":"2010-12-03 01:00:00","lang":"English","publication_series":"","publication_date":"20101201","publication_date_year":"","publication_date_full":false,"publication_num_pages":"","keywords":"[\"Unit Labour Cost Position\"]","jelcodes":"[]","related_publications":"[]","pdf":339777,"zip":null,"link":"","monthly_report":true,"monthly_report_main":false,"monthly_report_volume":"15","monthly_report_pages":"336-348","monthly_report_pages_sort":"336","issue":"4","journal":"Austrian Economic Quarterly","publisher":"","invisible":false,"external":false,"embargo_date":null,"types":[183747],"research_groups":[3491,3510],"collaboration":"","persons":[3607,3679],"persons_data":"[{\"personId\":3607,\"personName\":\"Werner H\u00f6lzl\",\"organisationNames\":[]},{\"personId\":3679,\"personName\":\"Thomas Leoni\",\"organisationNames\":[]}]","clients":[],"subclients":[],"partners":[],"topics":[],"host_publication_title":"","host_publication_subtitle":"","place_of_publication":"","host_publication_editors":"[]","type_description":"","output_media":"","chapter":"","article_number":"","citations":"{\"apa\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_apa rendering_contributiontoperiodical rendering_apa rendering_contributiontoperiodical_apa\\\"><span>H\u00f6lzl, W.<\\\/span><span>, &amp; Leoni, T.<\\\/span> (2010). <span>Austria's International Unit Labour Cost Position Heavily Influenced by Economic Crisis in 2009<\\\/span>. <span><em>Austrian Economic Quarterly<\\\/em><\\\/span>, <em>15<\\\/em>(4), 336-348. <a onclick=\\\"window.open(this.href, '_blank','noopener,noreferrer'); return false;\\\" href=\\\"https:\\\/\\\/www.wifo.ac.at\\\/wwa\\\/pubid\\\/40919\\\" class=\\\"link\\\"><span>https:\\\/\\\/www.wifo.ac.at\\\/wwa\\\/pubid\\\/40919<\\\/span><\\\/a><\\\/div>\",\"vancouver\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_vancouver rendering_contributiontoperiodical rendering_vancouver rendering_contributiontoperiodical_vancouver\\\"><span>H\u00f6lzl W<\\\/span><span>, Leoni T<\\\/span>. <span class=\\\"title\\\"><span>Austria's International Unit Labour Cost Position Heavily Influenced by Economic Crisis in 2009<\\\/span><\\\/span>. <span>Austrian Economic Quarterly<\\\/span>. 2010 Dec;15(4):336-348.<\\\/div>\",\"bibtex\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_bibtex rendering_contributiontoperiodical rendering_bibtex rendering_contributiontoperiodical_bibtex\\\"><div>@misc{9b6659adf03a463499ff3fb49486f47a,<\\\/div><div>  title    = \\\"Austria's International Unit Labour Cost Position Heavily Influenced by Economic Crisis in 2009\\\",<\\\/div><div>  abstract = \\\"In 2009 the economic crisis had a significant impact on the unit labour cost position of Austrian manufacturing. It brought about a decline of per-capita labour productivity, an increase in labour costs and, as a result, a significant increase in unit labour costs. At the same time, the temporary effects of economic policies implemented in response to the economic crisis and the differing extent of the decline in production and employment on an international scale have limited the explanatory power of unit labour costs as a current indicator of international cost competitiveness.\\\",<\\\/div><div>  keywords = \\\"Unit Labour Cost Position, Unit Labour Cost Position\\\",<\\\/div><div>  author   = \\\"Werner H{\\\\\\\"o}lzl and Thomas Leoni\\\",<\\\/div><div>  note     = \\\"Unit Labour Cost Position\\\",<\\\/div><div>  year     = \\\"2010\\\",<\\\/div><div>  month    = dec,<\\\/div><div>  language = \\\"English\\\",<\\\/div><div>  volume   = \\\"15\\\",<\\\/div><div>  pages    = \\\"336--348\\\",<\\\/div><div>  journal  = \\\"Austrian Economic Quarterly\\\",<\\\/div><p>}<\\\/p><\\\/div>\",\"ris\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_ris rendering_contributiontoperiodical rendering_ris rendering_contributiontoperiodical_ris\\\"><p>TY  - GEN<\\\/p><p>T1  - Austria's International Unit Labour Cost Position Heavily Influenced by Economic Crisis in 2009<\\\/p><p>AU  - H\u00f6lzl, Werner<\\\/p><p>AU  - Leoni, Thomas<\\\/p><p>N1  - Unit Labour Cost Position<\\\/p><p>PY  - 2010\\\/12<\\\/p><p>Y1  - 2010\\\/12<\\\/p><p>N2  - In 2009 the economic crisis had a significant impact on the unit labour cost position of Austrian manufacturing. It brought about a decline of per-capita labour productivity, an increase in labour costs and, as a result, a significant increase in unit labour costs. At the same time, the temporary effects of economic policies implemented in response to the economic crisis and the differing extent of the decline in production and employment on an international scale have limited the explanatory power of unit labour costs as a current indicator of international cost competitiveness.<\\\/p><p>AB  - In 2009 the economic crisis had a significant impact on the unit labour cost position of Austrian manufacturing. It brought about a decline of per-capita labour productivity, an increase in labour costs and, as a result, a significant increase in unit labour costs. 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