{"id":55545,"date":"2023-12-01T18:46:59","date_gmt":"2023-12-01T17:46:59","guid":{"rendered":"https:\/\/www.wifo.ac.at\/publication\/despite-increase-in-unit-labour-costs-improvement-of-austrian-unit-labour-cost-position-2019\/"},"modified":"2024-11-07T06:24:19","modified_gmt":"2024-11-07T05:24:19","slug":"despite-increase-in-unit-labour-costs-improvement-of-austrian-unit-labour-cost-position-2019","status":"publish","type":"publication","link":"https:\/\/www.wifo.ac.at\/en\/publication\/55545\/","title":{"rendered":"Despite Increase in Unit Labour Costs, Improvement of Austrian Unit Labour Cost Position 2019"},"content":{"rendered":"","protected":false},"featured_media":0,"template":"","class_list":["post-55545","publication","type-publication","status-publish","hentry"],"acf":{"subtitle":"","text":"Despite sluggish growth in Austrian foreign trade and in manufacturing, the Austrian unit labour cost position in the manufacturing sector improved, compared to the weighted average of the trading partners. This development was partly determined by the unit labour cost dynamics in Germany, where productivity declined significantly in 2019. The exchange rate development of the euro contributed to the improvement of the Austrian unit labour cost position, compared to the average of the non-euro trading partners.","onlinedate":"2021-01-25 12:00:00","lang":"English","publication_series":"","publication_date":"20201201","publication_date_year":"","publication_date_full":false,"publication_num_pages":"","keywords":"[]","jelcodes":"[]","related_publications":"[]","pdf":386002,"zip":null,"link":"","monthly_report":true,"monthly_report_main":false,"monthly_report_volume":"25","monthly_report_pages":"101-113","monthly_report_pages_sort":"101","issue":"11","journal":"WIFO Bulletin","publisher":"","invisible":false,"external":false,"embargo_date":"2021-01-25 12:00:00","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":[42631],"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> (2020). <span>Despite Increase in Unit Labour Costs, Improvement of Austrian Unit Labour Cost Position 2019<\\\/span>. <span><em>WIFO Bulletin<\\\/em><\\\/span>, <em>25<\\\/em>(11), 101-113. <a onclick=\\\"window.open(this.href, '_blank','noopener,noreferrer'); return false;\\\" href=\\\"https:\\\/\\\/www.wifo.ac.at\\\/wwa\\\/pubid\\\/66825\\\" class=\\\"link\\\"><span>https:\\\/\\\/www.wifo.ac.at\\\/wwa\\\/pubid\\\/66825<\\\/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>Despite Increase in Unit Labour Costs, Improvement of Austrian Unit Labour Cost Position 2019<\\\/span><\\\/span>. <span>WIFO Bulletin<\\\/span>. 2020 Dec;25(11):101-113.<\\\/div>\",\"bibtex\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_bibtex rendering_contributiontoperiodical rendering_bibtex rendering_contributiontoperiodical_bibtex\\\"><div>@misc{4c86d328a612499cbc96287883245fc5,<\\\/div><div>  title    = \\\"Despite Increase in Unit Labour Costs, Improvement of Austrian Unit Labour Cost Position 2019\\\",<\\\/div><div>  abstract = \\\"Despite sluggish growth in Austrian foreign trade and in manufacturing, the Austrian unit labour cost position in the manufacturing sector improved, compared to the weighted average of the trading partners. This development was partly determined by the unit labour cost dynamics in Germany, where productivity declined significantly in 2019. The exchange rate development of the euro contributed to the improvement of the Austrian unit labour cost position, compared to the average of the non-euro trading partners.\\\",<\\\/div><div>  keywords = \\\"Unit labour costs, price competitiveness, manufacturing\\\",<\\\/div><div>  author   = \\\"Werner H{\\\\\\\"o}lzl and Thomas Leoni\\\",<\\\/div><div>  note     = \\\"Unit Labour Cost Position 2019\\\",<\\\/div><div>  year     = \\\"2020\\\",<\\\/div><div>  month    = dec,<\\\/div><div>  language = \\\"English\\\",<\\\/div><div>  volume   = \\\"25\\\",<\\\/div><div>  pages    = \\\"101--113\\\",<\\\/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  - Despite Increase in Unit Labour Costs, Improvement of Austrian Unit Labour Cost Position 2019<\\\/p><p>AU  - H\u00f6lzl, Werner<\\\/p><p>AU  - Leoni, Thomas<\\\/p><p>N1  - Unit Labour Cost Position 2019<\\\/p><p>PY  - 2020\\\/12<\\\/p><p>Y1  - 2020\\\/12<\\\/p><p>N2  - Despite sluggish growth in Austrian foreign trade and in manufacturing, the Austrian unit labour cost position in the manufacturing sector improved, compared to the weighted average of the trading partners. This development was partly determined by the unit labour cost dynamics in Germany, where productivity declined significantly in 2019. The exchange rate development of the euro contributed to the improvement of the Austrian unit labour cost position, compared to the average of the non-euro trading partners.<\\\/p><p>AB  - Despite sluggish growth in Austrian foreign trade and in manufacturing, the Austrian unit labour cost position in the manufacturing sector improved, compared to the weighted average of the trading partners. This development was partly determined by the unit labour cost dynamics in Germany, where productivity declined significantly in 2019. 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