{"id":54225,"date":"2023-12-01T18:18:53","date_gmt":"2023-12-01T17:18:53","guid":{"rendered":"https:\/\/www.wifo.ac.at\/publication\/austrias-international-unit-labour-cost-position-improved-again-in-2018\/"},"modified":"2024-11-14T12:50:39","modified_gmt":"2024-11-14T11:50:39","slug":"austrias-international-unit-labour-cost-position-improved-again-in-2018","status":"publish","type":"publication","link":"https:\/\/www.wifo.ac.at\/en\/publication\/54225\/","title":{"rendered":"Austria's International Unit Labour Cost Position Improved Again in 2018"},"content":{"rendered":"","protected":false},"featured_media":0,"template":"","class_list":["post-54225","publication","type-publication","status-publish","hentry"],"acf":{"subtitle":"","text":"In 2018, the ongoing good economic state of the Austrian manufacturing sector led to an improvement in the unit labour cost position compared with the weighted average of all trading partners. Productivity rose more strongly than in the other countries, while labour cost development was in line with the average. This favourable development was largely determined by the labour cost relation to Germany and the other EU trading partners. Compared with non-European trading partners, the Austrian unit labour cost position deteriorated, partly due to an appreciation of the euro.","onlinedate":"2020-02-24 10:00:33","lang":"English","publication_series":"","publication_date":"20191201","publication_date_year":"","publication_date_full":false,"publication_num_pages":"","keywords":"[\"Unit labour costs\",\"manufacturing\",\"price competitiveness\"]","jelcodes":"[\"F16\",\"F31\",\"J3\",\"L6\"]","related_publications":"[]","pdf":413948,"zip":null,"link":"","monthly_report":true,"monthly_report_main":false,"monthly_report_volume":"24","monthly_report_pages":"167-178","monthly_report_pages_sort":"167","issue":"18","journal":"WIFO Bulletin","publisher":"","invisible":false,"external":false,"embargo_date":null,"types":[50590],"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> (2019). <span>Austria's International Unit Labour Cost Position Improved Again in 2018<\\\/span>. <span><em>WIFO Bulletin<\\\/em><\\\/span>, <em>24<\\\/em>(18), 167-178. <a onclick=\\\"window.open(this.href, '_blank','noopener,noreferrer'); return false;\\\" href=\\\"https:\\\/\\\/www.wifo.ac.at\\\/wwa\\\/pubid\\\/65748\\\" class=\\\"link\\\"><span>https:\\\/\\\/www.wifo.ac.at\\\/wwa\\\/pubid\\\/65748<\\\/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 Improved Again in 2018<\\\/span><\\\/span>. <span>WIFO Bulletin<\\\/span>. 2019 Dec;24(18):167-178.<\\\/div>\",\"bibtex\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_bibtex rendering_contributiontoperiodical rendering_bibtex rendering_contributiontoperiodical_bibtex\\\"><div>@misc{d6c1e3ff32014641be43f964ac6799a3,<\\\/div><div>  title    = \\\"Austria's International Unit Labour Cost Position Improved Again in 2018\\\",<\\\/div><div>  abstract = \\\"In 2018, the ongoing good economic state of the Austrian manufacturing sector led to an improvement in the unit labour cost position compared with the weighted average of all trading partners. Productivity rose more strongly than in the other countries, while labour cost development was in line with the average. This favourable development was largely determined by the labour cost relation to Germany and the other EU trading partners. Compared with non-European trading partners, the Austrian unit labour cost position deteriorated, partly due to an appreciation of the euro.\\\",<\\\/div><div>  keywords = \\\"Unit labour costs, manufacturing, price competitiveness, Unit labour costs, manufacturing, price competitiveness\\\",<\\\/div><div>  author   = \\\"Werner H{\\\\\\\"o}lzl and Thomas Leoni\\\",<\\\/div><div>  note     = \\\"Unit Labour Cost Position\\\",<\\\/div><div>  year     = \\\"2019\\\",<\\\/div><div>  month    = dec,<\\\/div><div>  language = \\\"English\\\",<\\\/div><div>  volume   = \\\"24\\\",<\\\/div><div>  pages    = \\\"167--178\\\",<\\\/div><div>  journal  = \\\"WIFO Bulletin\\\",<\\\/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 Improved Again in 2018<\\\/p><p>AU  - H\u00f6lzl, Werner<\\\/p><p>AU  - Leoni, Thomas<\\\/p><p>N1  - Unit Labour Cost Position<\\\/p><p>PY  - 2019\\\/12<\\\/p><p>Y1  - 2019\\\/12<\\\/p><p>N2  - In 2018, the ongoing good economic state of the Austrian manufacturing sector led to an improvement in the unit labour cost position compared with the weighted average of all trading partners. Productivity rose more strongly than in the other countries, while labour cost development was in line with the average. This favourable development was largely determined by the labour cost relation to Germany and the other EU trading partners. Compared with non-European trading partners, the Austrian unit labour cost position deteriorated, partly due to an appreciation of the euro.<\\\/p><p>AB  - In 2018, the ongoing good economic state of the Austrian manufacturing sector led to an improvement in the unit labour cost position compared with the weighted average of all trading partners. Productivity rose more strongly than in the other countries, while labour cost development was in line with the average. This favourable development was largely determined by the labour cost relation to Germany and the other EU trading partners. 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