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The Slow End of the ICE Age in Germany: Insights from Job Postings on the Automotive Industry’s Trajectory

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Listed:
  • Thomas A. Fackler
  • Oliver Falck
  • Moritz Goldbeck
  • Fabian Hans
  • Annina T. Hering

Abstract

The debate on phasing out internal combustion engines (ICE) has resurfaced in Germany amid an economic downturn; whether this is smart appears questionable To monitor in real time where the industry is headed, analyzing job postings provides reliable insights into the ongoing strategic shifts in the automotive sector From mid-2019, postings of EV-focused firms have consistently exceeded those of ICE-focused firms, eventually being about twice as high by the end of 2023 However, this gap in postings between EV- and ICEfocused firms has shrunk by 60 percent since December 2023, indicating a slowdown of the transition to e-mobility EV-focused firms scale back job ads for production-related roles disproportionately while ICE-focused firms decrease hiring to a greater extent for transformation-related occupations

Suggested Citation

  • Thomas A. Fackler & Oliver Falck & Moritz Goldbeck & Fabian Hans & Annina T. Hering, 2024. "The Slow End of the ICE Age in Germany: Insights from Job Postings on the Automotive Industry’s Trajectory," EconPol Forum, CESifo, vol. 25(06), pages 46-56, November.
    • Handle: RePEc:ces:epofor:v:25:y:2024:i:06:p:46-56
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    References listed on IDEAS

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    1. Mr. Philippe Wingender & Jiaxiong Yao & Robert Zymek & Benjamin Carton & Mr. Diego A. Cerdeiro & Miss Anke Weber, 2024. "Europe’s Shift to EVs Amid Intensifying Global Competition," IMF Working Papers 2024/218, International Monetary Fund.
    2. Daniel W. Elfenbein & Adina D. Sterling, 2018. "(When) Is Hiring Strategic? Human Capital Acquisition in the Age of Algorithms," Strategy Science, INFORMS, vol. 3(4), pages 668-682, December.
    3. Philippe Aghion & Antoine Dechezleprêtre & David Hémous & Ralf Martin & John Van Reenen, 2016. "Carbon Taxes, Path Dependency, and Directed Technical Change: Evidence from the Auto Industry," Journal of Political Economy, University of Chicago Press, vol. 124(1), pages 1-51.
    4. Elfenbein, Daniel W. & Sterling, Adina, 2018. "(When) Is Hiring Strategic? Human Capital Management as a Design Decision in Organizations," Research Papers 3755, Stanford University, Graduate School of Business.
    5. Elizabeth Gutiérrez & Ben Lourie & Alexander Nekrasov & Terry Shevlin, 2020. "Are Online Job Postings Informative to Investors?," Management Science, INFORMS, vol. 66(7), pages 3133-3141, July.
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