IDEAS home Printed from https://ideas.repec.org/a/wfo/wquart/y2010i4p336-348.html
   My bibliography  Save this article

Austria's International Unit Labour Cost Position Heavily Influenced by Economic Crisis in 2009

Author

Listed:
  • Werner Hölzl
  • Thomas Leoni

Abstract

In 2009 the economic crisis had a significant impact on the unit labour cost position of Austrian manufacturing. It brought about a decline of per-capita labour productivity, an increase in labour costs and, as a result, a significant increase in unit labour costs. At the same time, the temporary effects of economic policies implemented in response to the economic crisis and the differing extent of the decline in production and employment on an international scale have limited the explanatory power of unit labour costs as a current indicator of international cost competitiveness.

Suggested Citation

  • Werner Hölzl & Thomas Leoni, 2010. "Austria's International Unit Labour Cost Position Heavily Influenced by Economic Crisis in 2009," Austrian Economic Quarterly, WIFO, vol. 15(4), pages 336-348, December.
    • Handle: RePEc:wfo:wquart:y:2010:i:4:p:336-348
    as

    Download full text from publisher

    File URL: https://www.wifo.ac.at/wwa/pubid/40919
    File Function: abstract
    Download Restriction: Payment required
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Keywords

    Unit Labour Cost Position;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:wfo:wquart:y:2010:i:4:p:336-348. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Florian Mayr (email available below). General contact details of provider: https://edirc.repec.org/data/wifooat.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.