{"id":57949,"date":"2023-12-01T20:16:38","date_gmt":"2023-12-01T19:16:38","guid":{"rendered":"https:\/\/www.wifo.ac.at\/publication\/unternehmerische-unsicherheit-und-wirtschaftspolitische-risikofaktoren-in-der-covid-19-krise\/"},"modified":"2024-04-20T07:50:52","modified_gmt":"2024-04-20T05:50:52","slug":"unternehmerische-unsicherheit-und-wirtschaftspolitische-risikofaktoren-in-der-covid-19-krise","status":"publish","type":"publication","link":"https:\/\/www.wifo.ac.at\/en\/publication\/57949\/","title":{"rendered":"Business Uncertainty and Economic Policy Risk Factors in the COVID-19 Crisis"},"content":{"rendered":"","protected":false},"featured_media":0,"template":"","class_list":["post-57949","publication","type-publication","status-publish","hentry"],"acf":{"subtitle":"Results of the Update of the WIFO Industry Survey in Summer 2020","text":"Economic uncertainty increased massively due to the COVID-19 pandemic. A survey of Austrian industrial companies implemented in summer 2020 allows to paint a more detailed picture of the causes and effects of this development. Potential effects on demand and supply bottlenecks were reported as the most frequent causes of the increase in uncertainty in the COVID-19 crisis. Uncertainty had a negative impact on investment and employment. In addition to digitalisation, the most important strategic measures taken by companies to counter uncertainty included liquidity and risk management. During the COVID-19 pandemic, economic policy aspects of business uncertainty lost some of their importance. However, the development of the global economy and international remained key economic policy risk factors according to Austrian industrial companies. National risk factors were easier for the companies to assess, although tax policy and environmental regulations were rated as relevant risks.","onlinedate":"2021-06-30 12:00:00","lang":"German","publication_series":"","publication_date":"20210601","publication_date_year":"","publication_date_full":false,"publication_num_pages":"","keywords":"[]","jelcodes":"[\"D81\",\"E32\",\"L60\"]","related_publications":"[]","pdf":247775,"zip":null,"link":"","monthly_report":true,"monthly_report_main":false,"monthly_report_volume":"94","monthly_report_pages":"461-470","monthly_report_pages_sort":"461","issue":"6","journal":"WIFO-Monatsberichte","publisher":"","invisible":false,"external":false,"embargo_date":"2021-06-30 00:00:00","types":[44312],"research_groups":[3491],"collaboration":"","persons":[3587,3607,3488,3815],"persons_data":"[{\"personId\":3587,\"personName\":\"Klaus S. Friesenbichler\",\"organisationNames\":[]},{\"personId\":3607,\"personName\":\"Werner H\u00f6lzl\",\"organisationNames\":[]},{\"personId\":3488,\"personName\":\"Agnes K\u00fcgler\",\"organisationNames\":[]},{\"personId\":3815,\"personName\":\"Andreas Reinstaller\",\"organisationNames\":[]}]","clients":[],"subclients":[],"partners":[],"topics":[],"host_publication_title":"","host_publication_subtitle":"","place_of_publication":"","host_publication_editors":"[]","type_description":"","output_media":"","chapter":"","article_number":"","scientific_assistance":"[\"Charos Alexandros\",\"Hofmann Kathrin\"]","scientific_review":"[\"Janger J\u00fcrgen\",\"Meyer Birgit Elisabeth\"]","version":"","release_date":null,"expiration_date":null,"surveyor":"","research_assistance":"","edv":"","additional_info_de":"","additional_info_en":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.5 (Yoast SEO v26.5) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Business Uncertainty and Economic Policy Risk Factors in the COVID-19 Crisis - 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