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The Deterioration of the competitiveness of Austrian industry in the energy crisis

Author

Listed:
  • Reinstaller Andreas

    (Produktivitätsrat, Oesterreichische Nationalbank, Wien)

  • Sellner Richard

    (Oesterreichische Nationalbank, Wien)

Abstract

The Austrian industry is vulnerable to energy price shocks due to the economic importance of energy-intensive sectors, the energy mix in important non-energy-intensive sectors, and the strong persistence in the use of specific energy carriers. The development of energy prices in recent years has led to a deterioration in price competitiveness across industries. The availability of energy at competitive prices is therefore a crucial factor for Austria as an industrial location.

Suggested Citation

Handle: RePEc:vrs:wipobl:v:2025:y:2025:i:1:p:46-55:n:1004
DOI: 10.2478/wpbl-2025-0004
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More about this item

JEL classification:

  • Q43 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Energy and the Macroeconomy
  • L60 - Industrial Organization - - Industry Studies: Manufacturing - - - General
  • D22 - Microeconomics - - Production and Organizations - - - Firm Behavior: Empirical Analysis
  • E17 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Forecasting and Simulation: Models and Applications

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