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The note provides a brief overview of the main elements of the RCEP, as well as a first assessment of how it relates to the Comprehensive and Progressive Trans Pacific Partnership agreement (CPTPP) and to EU FTA's with countries in the region based on a literature review.

Öffentliche Einrichtungen wie das Bundesamt für Eich- und Vermessungswesen (BEV) erfüllen komplexe Dienstleistungen, die für das Funktionieren einer Volkswirtschaft von grundlegender Bedeutung sind. Ziel der Untersuchung ist es, die volkswirtschaftliche Bedeutung der Tätigkeiten des BEV im Sinne eines "Public-Value"-Ansatzes möglichst umfassend und konkret zu erfassen. Die Breite und Vielfalt von Leistungen und Nutzen erfordern dabei eine differenzierte Betrachtung, die in Zusammenarbeit mit contrast (EY) als Projektpartner erfolgt.

This study provides an update on the trade and welfare effects of brexit for the Austrian economy calculated by WIFO in 2017 ("Estimating the Trade and Welfare Effects of Brexit. A Panel Data Structural Gravity Model"). The estimation is done with a structural gravity model on a disaggregated industry level. The results for different extreme scenarios (hard brexit and soft brexit) are compared with the current state of negotiations in November 2020.

Für das Jahr 2020 werden die wirtschaftlichen und budgetären Auswirkungen der COVID-19-Krise und die fiskalischen Maßnahmen zur Minderung der ökonomischen Effekte der gesundheitspolitischen Maßnahmen zur Eindämmung der Epidemie ex ante auf mikro- und makroökonomischer Ebene sowie sektoral und regional bewertet.

The role of environmental taxation, and especially of carbon taxes, as key market-based instrument is widely acknowledged in the literature. In the EU context, carbon taxes are of special relevance to reduce greenhouse gas emissions of the sectors not covered by the European Emission Trading System (ETS). The most important of these sectors is transport, where greenhouse gas emissions have been rising continuously in the past and are now making up for more than 20% of overall EU greenhouse gas emissions. The adoption of carbon taxes varies among EU countries and there is considerable heterogeneity in terms of scope and implementation of these policies. Most commonly, these taxes target the transport sector; only some member countries have broadened the scope of fuel carbon taxes to other sectors than transport. Various strategic documents issued at the EU level stress the role of environmental taxes and particularly of fuel taxes as important tools to support the transition to sustainable transport and as one element of tax shifts making European tax systems more growth- and environmentally-friendly. Explicit or implicit carbon taxes are also relevant for other non-ETS sectors, in particular the housing sector. The objective of the study is to define a set of concrete policy recommendations to enhance efforts to reduce the emissions of greenhouse gases effectively. Based on a solid benchmarking, the study will identify tax measures incentivising individuals and/or companies to change towards more sustainable behaviours. The identification of policies will be based on a set of criteria to support EU member countries to develop national strategies that are fair, efficient as well as economically and politically viable to reduce their greenhouse gas emissions. While explicit and implicit taxes are among the key measures explored, related tax measures will also be covered. These include tax incentives aiming at reducing greenhouse gas emissions (e.g., tax breaks for the purchase of electric vehicles) as well as the removal of harmful tax disincentives (e.g., tax privileges for company cars or diesel fuel).

Public Employment Services (PES) in European countries can support companies in an environment that is changing as a result of digitalisation, globalisation, demography or institutional framework conditions, by recruiting, consulting services, or by offering financial support to expand or secure employment. This study is intended to show which concrete instruments, projects and initiatives are set by national PES and could potentially be of interest to Austria.

The aim of the project is to build a macroeconomic model, which is consistent with data from National Accounts on the one hand and the empirical distribution of incomes and wealth in an economy on the other. The model equations reflect the interaction of the distribution of incomes and wealth, and macroeconomic variables. With such a model it is possible to simulate the macroeconomic and distributional effects of economic policy measures taking interactions between distribution and the macroeconomy into account.

This research study is a collaborative project of EcoAustria, IHS and WIFO. The overall project examines how the COVID-19 crisis and the government rescue, support and economic stimulus measures adopted by the Austrian government affect the sustainability of public finances. The WIFO sub-project discusses basic political-economic and institutional questions of an appropriate fiscal consolidation strategy. The aim is to illustrate and critically analyse the institutional framework conditions of the general government budget consolidation in the European context and in Austria's federal system.

Austria has abundant forest resources. In addition to wood, the forest also provides recreation and leisure services, as well as natural hazard control and ecosystem services. Wood processing companies create employment and added value in rural areas and make a significant contribution to foreign trade. In this project, the economic aspects that can be evaluated on the market are quantified and supplemented with information on the volume of goods and services not traded on the market. Within the framework of scenario studies, perspectives for the Austrian forestry and timber industry are developed together with actors from the economic sectors.

The report provides a broad overview of sick leave in Austria. In addition to the most recent sickness absence data from the social insurance institutions, the report contains in-depth analyses of patterns and long-term trends in sickness absence as well as differences between groups of employees, economic sectors and regions. In the present report, the sickness data of the Austrian social insurance institutions are evaluated up to and including 2019.